Expense in Palau
Palau: Expense was 59.0% in 2020. ▼ Falling
Expense in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Palau recorded 59.0% for expense in 2020. That is the highest value across all 13 years on record.
The figure is up 39.0% on the previous year and up 15.5% over ten years.
Over the whole period, expense in Palau peaked at 59.0% in 2020 and was at its lowest, 39.6%, in 2015.
That places Palau 5th out of 157 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 13 years of available data.
Expense in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 50.8% | — |
| 2009 | 52.2% | +2.9% |
| 2010 | 51.0% | -2.3% |
| 2011 | 53.6% | +5.0% |
| 2012 | 53.8% | +0.5% |
| 2013 | 48.5% | -9.8% |
| 2014 | 46.0% | -5.2% |
| 2015 | 39.6% | -13.9% |
| 2016 | 40.7% | +2.7% |
| 2017 | 41.6% | +2.3% |
| 2018 | 40.7% | -2.3% |
| 2019 | 42.4% | +4.3% |
| 2020 | 59.0% | +39.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.5% | 50.8% | 52.2% | 2 |
| 2010s | 45.8% | 39.6% | 53.8% | 10 |
| 2020s | 59.0% | 59.0% | 59.0% | 1 |
Countries ranked near Palau
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,268 current LCU per person (2024)
Frequently asked questions
- What is expense in Palau?
- Expense in Palau was 59.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Palau?
- The highest recorded value was 59.0% in 2020.
- What is the lowest expense recorded in Palau?
- The lowest recorded value was 39.6% in 2015.
- How does Palau rank for expense?
- Palau ranks 5th out of 157 countries with data for 2020.
- Is expense rising or falling in Palau?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.