Government spending vs. GDP in Palau

Palau: Government spending vs. GDP was 88.30 million constant 2015 US$ in 2024. ▬ Flat

Latest (2024)
88.30 million constant 2015 US$
Change on year
up 2.3%
World rank
162nd
of 163 countries
All-time high
96.30 million constant 2015 US$
in 2020
All-time low
79.41 million constant 2015 US$
in 2012
Years of data
20
2005–2024

Government spending vs. GDP in Palau, 2005–2024

020.0M40.0M60.0M80.0M100.0M2005201420242005: 83.3M constant 2015 US$2006: 87.6M constant 2015 US$2007: 87.6M constant 2015 US$2008: 87.6M constant 2015 US$2009: 87.9M constant 2015 US$2010: 83.1M constant 2015 US$2011: 81.2M constant 2015 US$2012: 79.4M constant 2015 US$2013: 79.9M constant 2015 US$2014: 80.3M constant 2015 US$2015: 80.0M constant 2015 US$2016: 83.2M constant 2015 US$2017: 82.8M constant 2015 US$2018: 86.5M constant 2015 US$2019: 87.2M constant 2015 US$2020: 96.3M constant 2015 US$2021: 90.6M constant 2015 US$2022: 85.3M constant 2015 US$2023: 86.3M constant 2015 US$2024: 88.3M constant 2015 US$

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.

Analysis

The most recent figure for government spending vs. gdp in Palau is 88.30 million constant 2015 US$, measured in 2024.

The figure is up 2.3% on the previous year and up 10.0% over ten years.

Over the whole period, government spending vs. gdp in Palau peaked at 96.30 million constant 2015 US$ in 2020 and was at its lowest, 79.41 million constant 2015 US$, in 2012.

That places Palau 162nd out of 163 countries with data for 2024, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 86.79 million constant 2015 US$ 83.29 million constant 2015 US$ 87.88 million constant 2015 US$ 5
2010s 82.36 million constant 2015 US$ 79.41 million constant 2015 US$ 87.15 million constant 2015 US$ 10
2020s 89.36 million constant 2015 US$ 85.31 million constant 2015 US$ 96.30 million constant 2015 US$ 5

Countries ranked near Palau

  1. 159 Tonga 133.62 million constant 2015 US$ compare
  2. 160 Kiribati 118.05 million constant 2015 US$ compare
  3. 161 Marshall Islands 117.85 million constant 2015 US$ compare
  4. 163 Sao Tome and Principe 33.81 million constant 2015 US$ compare

See the full ranking of 166 places →

More economy & growth data for Palau

All data for Palau →

Frequently asked questions

What is government spending vs. gdp in Palau?
Government spending vs. gdp in Palau was 88.30 million constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest government spending vs. gdp recorded in Palau?
The highest recorded value was 96.30 million constant 2015 US$ in 2020.
What is the lowest government spending vs. gdp recorded in Palau?
The lowest recorded value was 79.41 million constant 2015 US$ in 2012.
How does Palau rank for government spending vs. gdp?
Palau ranks 162nd out of 163 countries with data for 2024.
Is government spending vs. gdp rising or falling in Palau?
Over the last ten years it is up 10.0%. The long-run trend across the full record is flat.
Where does this Palau data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.