Gross domestic savings (current LCU) in Palau
Palau: Gross domestic savings (current LCU) was -41.59 million current LCU in 2024. ◆ Volatile
Gross domestic savings in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Palau is -41.59 million current LCU, measured in 2024.
The figure is up 34.1% on the previous year and down 184.6% over ten years.
Over the whole period, gross domestic savings in Palau peaked at 9.97 million current LCU in 2016 and was at its lowest, -73.22 million current LCU, in 2022.
Palau ranks 160th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 3.98 million current LCU | — |
| 2006 | -3.50 million current LCU | -188.0% |
| 2007 | -3.39 million current LCU | -3.2% |
| 2008 | -12.50 million current LCU | +269.2% |
| 2009 | -22.00 million current LCU | +76.0% |
| 2010 | -19.51 million current LCU | -11.3% |
| 2011 | -17.98 million current LCU | -7.8% |
| 2012 | -14.96 million current LCU | -16.8% |
| 2013 | -17.11 million current LCU | +14.3% |
| 2014 | -14.61 million current LCU | -14.6% |
| 2015 | 8.27 million current LCU | -156.6% |
| 2016 | 9.97 million current LCU | +20.6% |
| 2017 | -7.23 million current LCU | -172.5% |
| 2018 | -17.18 million current LCU | +137.7% |
| 2019 | -20.39 million current LCU | +18.7% |
| 2020 | -54.91 million current LCU | +169.3% |
| 2021 | -65.82 million current LCU | +19.9% |
| 2022 | -73.22 million current LCU | +11.3% |
| 2023 | -63.10 million current LCU | -13.8% |
| 2024 | -41.59 million current LCU | -34.1% |
Palau compared with similar countries
- Palau's -41.59 million current LCU is below the median for high income countries, which is 134.59 billion current LCU. (67 countries reporting)
- Palau's -41.59 million current LCU is below the median for East Asia & Pacific, which is 241.14 billion current LCU. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) 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 |
|---|---|---|---|
| 2008 | -269.2% | -3.39 million current LCU | -12.50 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.48 million current LCU | -22.00 million current LCU | 3.98 million current LCU | 5 |
| 2010s | -11.07 million current LCU | -20.39 million current LCU | 9.97 million current LCU | 10 |
| 2020s | -59.73 million current LCU | -73.22 million current LCU | -41.59 million current LCU | 5 |
Countries ranked near Palau
- 158 Samoa 310.11 million current LCU compare
- 159 Montenegro 105.10 million current LCU compare
- 161 Marshall Islands -68.44 million current LCU compare
- 162 United States Virgin Islands -155.00 million current LCU compare
- 163 Tonga -303.53 million current LCU 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Palau?
- Gross domestic savings in Palau was -41.59 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Palau?
- The highest recorded value was 9.97 million current LCU in 2016.
- What is the lowest gross domestic savings recorded in Palau?
- The lowest recorded value was -73.22 million current LCU in 2022.
- How does Palau rank for gross domestic savings?
- Palau ranks 160th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Palau?
- Over the last ten years it is down 184.6%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.