Government spending vs. GDP, annual growth rate in Palau
Palau: Government spending vs. GDP, annual growth rate was 2.33 % change on previous year in 2024. ◆ Volatile
Government spending vs. GDP, annual growth rate in Palau, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, government spending vs. gdp, annual growth rate in Palau stood at 2.33 % change on previous year.
Compared with earlier readings it is up 103.9% on the previous year and up 348.6% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in Palau peaked at 10.5 % change on previous year in 2020 and was at its lowest, -5.94 % change on previous year, in 2021.
That places Palau 85th out of 166 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 5.19 % change on previous year | — |
| 2007 | -0.0035 % change on previous year | -100.1% |
| 2008 | -0.0163 % change on previous year | +361.3% |
| 2009 | 0.3338 % change on previous year | -2145.1% |
| 2010 | -5.39 % change on previous year | -1715.4% |
| 2011 | -2.37 % change on previous year | -56.0% |
| 2012 | -2.16 % change on previous year | -8.9% |
| 2013 | 0.5526 % change on previous year | -125.5% |
| 2014 | 0.5201 % change on previous year | -5.9% |
| 2015 | -0.294 % change on previous year | -156.5% |
| 2016 | 3.98 % change on previous year | -1453.6% |
| 2017 | -0.498 % change on previous year | -112.5% |
| 2018 | 4.53 % change on previous year | -1008.7% |
| 2019 | 0.6974 % change on previous year | -84.6% |
| 2020 | 10.5 % change on previous year | +1405.6% |
| 2021 | -5.94 % change on previous year | -156.6% |
| 2022 | -5.81 % change on previous year | -2.2% |
| 2023 | 1.14 % change on previous year | -119.7% |
| 2024 | 2.33 % change on previous year | +103.9% |
Palau compared with similar countries
- Palau's 2.33 % change on previous year is above the median for high income countries, which is 1.7 % change on previous year, 1.4× the median. (60 countries reporting)
- Palau's 2.33 % change on previous year is above the median for East Asia & Pacific, which is 2.04 % change on previous year, 1.1× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP, annual growth rate in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +2145.1% | -0.0163 % change on previous year | 0.3338 % change on previous year |
| 2010 | -1715.4% | 0.3338 % change on previous year | -5.39 % change on previous year |
| 2016 | +1453.6% | -0.294 % change on previous year | 3.98 % change on previous year |
| 2020 | +1405.6% | 0.6974 % change on previous year | 10.5 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.38 % change on previous year | -0.0163 % change on previous year | 5.19 % change on previous year | 4 |
| 2010s | -0.0447 % change on previous year | -5.39 % change on previous year | 4.53 % change on previous year | 10 |
| 2020s | 0.4443 % change on previous year | -5.94 % change on previous year | 10.5 % change on previous year | 5 |
Countries ranked near Palau
- 82 Canada 2.38 % change on previous year compare
- 83 Hungary 2.37 % change on previous year compare
- 84 Austria 2.35 % change on previous year compare
- 86 Bangladesh 2.29 % change on previous year compare
- 87 Kuwait 2.26 % change on previous year compare
- 88 Greenland 2.17 % change on previous year compare
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, per capita 15,617 units per person (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is government spending vs. gdp, annual growth rate in Palau?
- Government spending vs. gdp, annual growth rate in Palau was 2.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in Palau?
- The highest recorded value was 10.5 % change on previous year in 2020.
- What is the lowest government spending vs. gdp, annual growth rate recorded in Palau?
- The lowest recorded value was -5.94 % change on previous year in 2021.
- How does Palau rank for government spending vs. gdp, annual growth rate?
- Palau ranks 85th out of 166 countries with data for 2024.
- Is government spending vs. gdp, annual growth rate rising or falling in Palau?
- Over the last ten years it is up 348.6%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.