Diplomatic representation: none;
US—US Liaison Officer Steven R. PRUETT; US Liaison Office at Top Side,
Neeriyas, Koror (mailing address: P. O. Box 6028, Koror, Republic of Palau
96940); telephone 160-680-920 or 990
Flag: light blue with a large yellow disk (representing the moon) shifted slightly to the hoist side
- Economy Overview: The economy consists primarily of subsistence agriculture and fishing. Tourism provides some foreign exchange, although the remote location of Palau and a shortage of suitable facilities has hindered development. The government is the major employer of the work force, relying heavily on financial assistance from the US.
GDP: $31.6 million, per capita $2,260; real growth rate NA% (1986)
Inflation rate (consumer prices): NA%
Unemployment rate: 20% (1986)
Budget: revenues $6.0 million; expenditures NA, including capital expenditures of NA (1986)
Exports: $0.5 million (f.o.b., 1986); commodities—NA; partners—US, Japan
Imports: $27.2 million (c.i.f., 1986); commodities—NA; partners—US
External debt: $NA