Economía - descripción: The economy consists primarily of subsistence agriculture and fishing. The government is the major employer of the work force, relying heavily on financial assistance from the US. The population enjoys a per capita income of more than twice that of the Philippines and much of Micronesia. Long-run prospects for the tourist sector have been greatly bolstered by the expansion of air travel in the Pacific and the rising prosperity of leading East Asian countries.

Producto Bruto Interno (PBI): purchasing power parity - $160 million (1997 est.)
note: GDP numbers reflect US spending

PBI - Indice de Incremento real: 10% (1997 est.)

PBI - por capital: purchasing power parity - $8,800 (1997 est.)

PBI - Composición por Sector:
agriculture: NA%
industry: NA%
services: NA%

Población bajo linea de pobertad: NA%

Ingreso en casa o porcentage de consumción:
lowest 10%: NA%
highest 10%: NA%

Indice de Inflación (precios del consumidor): NA%

Fuerza Laboral: NA

Fuerza Laboral - por ocupación: agriculture NA%, industry NA%, services NA%

Indice de desempleo: 7%

Presupuesto:
revenues: $52.9 million
expenditures: $59.9 million, including capital expenditures of $NA (1997 est.)

Industrias: tourism, craft items (from shell, wood, pearls), construction, garment making

Industrial production growth rate: NA%

Electricidad - Producción: 200 million kWh (1996)

Electricidad - producción por fuente:
fossil fuel: 85%
hydro: 15%
nuclear: 0%
other: 0% (1996)

Electricidad - consumción: 200 million kWh (1996)

Electricidad - exportaciones: 0 kWh (1996)

Electricidad - importaciones: 0 kWh (1996)

Agricultura - productos: coconuts, copra, cassava (tapioca), sweet potatoes

Exportaciones: $14.3 million (f.o.b., 1996)

Exporationes - comodidades: trochus (type of shellfish), tuna, copra, handicrafts

Exportaciones - socios: US, Japan

Importaciones: $72.4 million (f.o.b., 1996)

Importaciones - comodidades: machinery and equipment, fuels

Importaciones - socios: US

Deuda - externa: about $100 million (1989)

Ayuda economica - recipiente: $155.8 million (1995); note - the Compact of Free Association with the US, entered into after the end of the UN trusteeship on 1 October 1994, will provide Palau with up to $700 million in US aid over 15 years in return for furnishing military facilities

Moneda: 1 United States dollar (US$) = 100 cents

Indice de intercambio: US currency is used

Año Fiscal: 1 October - 30 September