Gross domestic savings (current US$) in Palau
Palau: Gross domestic savings was -41.59 million current US$ in 2024. ◆ Volatile
Gross domestic savings in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Palau recorded -41.59 million current US$ for gross domestic savings in 2024.
That represents a change of 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 US$ in 2016 and was at its lowest, -73.22 million current US$, in 2022.
That places Palau 162nd out of 188 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Palau, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 3.98 million current US$ | — |
| 2006 | -3.50 million current US$ | -188.0% |
| 2007 | -3.39 million current US$ | -3.2% |
| 2008 | -12.50 million current US$ | +269.2% |
| 2009 | -22.00 million current US$ | +76.0% |
| 2010 | -19.51 million current US$ | -11.3% |
| 2011 | -17.98 million current US$ | -7.8% |
| 2012 | -14.96 million current US$ | -16.8% |
| 2013 | -17.11 million current US$ | +14.3% |
| 2014 | -14.61 million current US$ | -14.6% |
| 2015 | 8.27 million current US$ | -156.6% |
| 2016 | 9.97 million current US$ | +20.6% |
| 2017 | -7.23 million current US$ | -172.5% |
| 2018 | -17.18 million current US$ | +137.7% |
| 2019 | -20.39 million current US$ | +18.7% |
| 2020 | -54.91 million current US$ | +169.3% |
| 2021 | -65.82 million current US$ | +19.9% |
| 2022 | -73.22 million current US$ | +11.3% |
| 2023 | -63.10 million current US$ | -13.8% |
| 2024 | -41.59 million current US$ | -34.1% |
Palau compared with similar countries
- Palau's -41.59 million current US$ is below the median for high income countries, which is 52.49 billion current US$. (67 countries reporting)
- Palau's -41.59 million current US$ is below the median for East Asia & Pacific, which is 8.60 billion current US$. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -269.2% | -3.39 million current US$ | -12.50 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.48 million current US$ | -22.00 million current US$ | 3.98 million current US$ | 5 |
| 2010s | -11.07 million current US$ | -20.39 million current US$ | 9.97 million current US$ | 10 |
| 2020s | -59.73 million current US$ | -73.22 million current US$ | -41.59 million current US$ | 5 |
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)
- 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 US$ 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 US$ in 2016.
- What is the lowest gross domestic savings recorded in Palau?
- The lowest recorded value was -73.22 million current US$ in 2022.
- How does Palau rank for gross domestic savings?
- Palau ranks 162nd 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 US$). 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 indicator is expressed in United States dollars.