Palau
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Palau
Issuer
Abbreviation
Phone
Location
Capital
Official languages
Population
Currency
ISO 4217
Ngerulmud
Palau
Palauan, English
18,058
PWK
United States Dollar
Delivery
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Certificate of incorporation
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Articles of association
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Meeting minutes
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Company stamp
Document checklist:
<Economy>
"Palau has a strong and growing economy, with a GDP of $521 million in 2019. This is a significant increase from the $450 million GDP in 2018. The country’s main sources of income are tourism, fishing, and remittances from abroad. Tourism is the largest contributor to the economy, accounting for nearly 40% of GDP. Fishing is the second largest contributor, accounting for around 25% of GDP. Remittances from abroad make up the remaining 35% of GDP.
The country has seen steady economic growth over the past few years, with an average annual growth rate of 4.2%. This is largely due to the strong tourism industry, which has seen a steady increase in visitors over the past few years. The country also has a low unemployment rate of just 3.2%, which is well below the global average.
Overall, Palau has a strong and growing economy, with a GDP of $521 million in 2019. The country’s main sources of income are tourism, fishing, and remittances from abroad. The country has seen steady economic growth over the past few years, with an average annual growth rate of 4.2%. The low unemployment rate of just 3.2% is also a positive sign for the economy."