Government spending vs. GDP, per unit of GDP in Palau
Palau: Government spending vs. GDP, per unit of GDP was 0.2747 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Government spending vs. GDP, per unit of GDP in Palau, 2005–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for government spending vs. gdp, per unit of gdp in Palau is 0.2747 constant 2015 US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 12.1% on the previous year and down 16.0% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in Palau peaked at 0.4775 constant 2015 US$ per US$ of GDP in 2009 and was at its lowest, 0.2743 constant 2015 US$ per US$ of GDP, in 2016.
Palau ranks 10th of 166 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Government spending vs. GDP, per unit of GDP in Palau, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.4486 constant 2015 US$ per US$ of GDP | — |
| 2006 | 0.4592 constant 2015 US$ per US$ of GDP | +2.4% |
| 2007 | 0.4469 constant 2015 US$ per US$ of GDP | -2.7% |
| 2008 | 0.4401 constant 2015 US$ per US$ of GDP | -1.5% |
| 2009 | 0.4775 constant 2015 US$ per US$ of GDP | +8.5% |
| 2010 | 0.4512 constant 2015 US$ per US$ of GDP | -5.5% |
| 2011 | 0.4159 constant 2015 US$ per US$ of GDP | -7.8% |
| 2012 | 0.3695 constant 2015 US$ per US$ of GDP | -11.2% |
| 2013 | 0.3529 constant 2015 US$ per US$ of GDP | -4.5% |
| 2014 | 0.327 constant 2015 US$ per US$ of GDP | -7.3% |
| 2015 | 0.2826 constant 2015 US$ per US$ of GDP | -13.6% |
| 2016 | 0.2743 constant 2015 US$ per US$ of GDP | -2.9% |
| 2017 | 0.2855 constant 2015 US$ per US$ of GDP | +4.1% |
| 2018 | 0.3003 constant 2015 US$ per US$ of GDP | +5.2% |
| 2019 | 0.3091 constant 2015 US$ per US$ of GDP | +2.9% |
| 2020 | 0.3719 constant 2015 US$ per US$ of GDP | +20.3% |
| 2021 | 0.3839 constant 2015 US$ per US$ of GDP | +3.2% |
| 2022 | 0.3447 constant 2015 US$ per US$ of GDP | -10.2% |
| 2023 | 0.3125 constant 2015 US$ per US$ of GDP | -9.4% |
| 2024 | 0.2747 constant 2015 US$ per US$ of GDP | -12.1% |
Palau compared with similar countries
- Palau's 0.2747 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 1.9× the median. (60 countries reporting)
- Palau's 0.2747 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 1.9× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4545 constant 2015 US$ per US$ of GDP | 0.4401 constant 2015 US$ per US$ of GDP | 0.4775 constant 2015 US$ per US$ of GDP | 5 |
| 2010s | 0.3368 constant 2015 US$ per US$ of GDP | 0.2743 constant 2015 US$ per US$ of GDP | 0.4512 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3375 constant 2015 US$ per US$ of GDP | 0.2747 constant 2015 US$ per US$ of GDP | 0.3839 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Palau
- 7 Lesotho 0.313 constant 2015 US$ per US$ of GDP compare
- 8 Solomon Islands 0.3004 constant 2015 US$ per US$ of GDP compare
- 9 Botswana 0.2999 constant 2015 US$ per US$ of GDP compare
- 11 Equatorial Guinea 0.2707 constant 2015 US$ per US$ of GDP compare
- 12 Mozambique 0.2612 constant 2015 US$ per US$ of GDP compare
- 13 United States Virgin Islands 0.2581 constant 2015 US$ per US$ of GDP 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, per unit of gdp in Palau?
- Government spending vs. gdp, per unit of gdp in Palau was 0.2747 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in Palau?
- The highest recorded value was 0.4775 constant 2015 US$ per US$ of GDP in 2009.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in Palau?
- The lowest recorded value was 0.2743 constant 2015 US$ per US$ of GDP in 2016.
- How does Palau rank for government spending vs. gdp, per unit of gdp?
- Palau ranks 10th out of 166 countries with data for 2024.
- Is government spending vs. gdp, per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
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
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.