ADB Approves $21.02 Billion in Financing in 2013

The substantial lending volume reflects Asia’s continued need for development assistance, despite impressive growth and poverty reduction efforts in recent years. Read More

Pacific Growth to Pick Up in 2014

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney. Read More

Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Overview

Palau’s geography, small markets, and tourism-based economy make it vulnerable to external economic shocks, the impacts of climate change, and extreme weather events. Transport costs are high, and cargo volumes small. The small domestic market prevents the local capture of scale economies. Palauan labor is effectively fully employed, and there is a high reliance on foreign labor to meet demand.

Palauans enjoy relatively high standards of health, education, and free basic social services.

ADB will continue to support the implementation of Palau’s priority development strategy. Improving public sector effectiveness and private sector development opportunities are likely to remain key elements of ADB’s future support, along with support for key infrastructure investments that provide social benefits. .

Fast Facts

0.02 (2012)
Population in millions

0.9% (2010-2012)
Annual population growth rate

24.9% (2006)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
0.20 / 0.44
Health (1)
 
44.80 / 99.56
Water Supply (4)
 
45.00 / 100.00
TOTAL (5)
Cumulative as of 31 December 2012