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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