Phnom Penh (FN), Jan. 20 – Palau, the world's 5th smallest economy, has a projected GDP of USD 353 million in 2025, covering 459 km² with a population of around 18,000—about two cruise ships' capacity.
In comparison, Tuvalu, the smallest economy, has a GDP of USD 79 million and 9,000 residents, fitting on a single cruise ship.
These remote Pacific islands have small populations and limited economic opportunities, relying on natural resources like agriculture, fishing, and tourism.
However, they explore unique revenue sources—Tuvalu leases its “.tv” domain, while Nauru, once reliant on phosphate mining, received payments from Australia for hosting an offshore asylum center, which still earns abeyance fees despite its closure.
This article was originally published on Voronoiapp.
=FRESH NEWS