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ESCAP (associate), SPC, SPF (observer) Diplomatic representation in US: administrative officer: Charles UONG, address: Palau Liaison Office, 444 North Capitol St., N.W., Suite 308, Washington, DC 20001 US diplomatic representation: director: US Liaison Officer Lloyd W. MOSS liaison office: US Liaison Office at Top Side, Neeriyas, Koror mailing address: P.O. Box 6028, Koror, PW 96940 telephone: (680) 488-2920; (680) 488-2911 Flag: light blue with a large yellow disk (representing the moon) shifted slightly to the hoist side *Pacific Islands, Trust Territory of the (Palau), 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. National product: GDP - purchasing power equivalent - $31.6 million (1986) note: GDP numbers reflect US spending National product real growth rate: NA% National product per capita: $2,260 (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: about $100 million (1989) Industrial production: growth rate NA% Electricity: 16,000 kW capacity; 22 million kWh produced, 1,540 kWh per capita (1990) Industries: tourism, craft items (shell, wood, pearl), some commercial fishing and agriculture Agriculture: subsistence-level production of coconut, copra, cassava, sweet potatoes Economic aid: US commitments, including Ex-Im (FY70-89), $2,560 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-89), $92 million Currency: US currency is used Fiscal year: 1 October - 30 September *Pacific Islands, Trust Territory of the (Palau), Communications Highways: 22.3 km paved, some stone-, coral-, or laterite-surfaced roads (1991) Ports: Koror Airports: total: 3 usable: 3 with permanent-surface runways: 1 with runways over 3,659 m: 0 with runways 2,440-3,659 m: 0 with runways 1,220-2,439 m:
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