Palau and ADB
In the Spotlight
In Palau, 24.9% of the population lives below the national poverty line. Get the latest statistical data on poverty and socioeconomic development in Palau and compare poverty indicators among countries in the Pacific.
A new Asian Development Bank report says Pacific economies face lower growth and tighter fiscal conditions this year due to low commodity prices and severe cyclones.
ADB’s interventions in the Pacific should help countries reduce the high cost of doing business and providing services, develop capacity to manage risks from economic shocks, natural disasters, and climate change, as well as promote the creation of competitive high value-added goods and services.
ADB has approved two loans amounting to $25 million for a submarine cable project which will support the development of a fiber-optic cable system linking Palau to the Internet cable hub in Guam.
With outstanding natural and cultural resources, Palau has benefited from strong growth in the tourism sector that has driven overall economic growth. Despite this positive progress, as a small-island state with a population of around 20,000, Palau remains vulnerable to external economic shocks, the impacts of climate change, and other environmental and weatherrelated risks.
ADB’s strategy in Palau is to provide support to improve public sector effectiveness, facilitate private sector development, deliver safe water and sanitation services, and improve connectivity.
Projects in Palau
No projects in this category were found.
- Water Sector Improvement Program
- Implementing a Medium-Term Budget Framework
- Sanitation Sector Development Project
- Facility for Economic and Infrastructure Management (formerly Economic, Financial and Infrastructure Policy Formulation)
- Preparing the Babeldaob Water Supply Project (formerly Water Supply and Sanitation in Babeldaob)
Internet users in Palau, per 100 population (Before 2010)
Population in Palau, in millions (2015)
Average annual population growth rate in Palau (2010-2015)
Population living below the national poverty line in Palau (Before 2010)Refers to preliminary/interim figures; or refers to periods before 2010.