Gross domestic savings in Palau
Palau: Gross domestic savings was -12.9% in 2024. ◆ Volatile
Gross domestic savings in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Palau is -12.9%, measured in 2024.
Compared with earlier readings it is up 43.4% on the previous year and down 117.3% over ten years.
Over the whole period, gross domestic savings in Palau peaked at 3.3% in 2016 and was at its lowest, -29.6%, in 2022.
Palau ranks 176th 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 in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 2.1% | — |
| 2006 | -1.8% | -185.6% |
| 2007 | -1.7% | -5.8% |
| 2008 | -6.3% | +263.5% |
| 2009 | -12.0% | +90.3% |
| 2010 | -10.6% | -11.4% |
| 2011 | -9.2% | -13.0% |
| 2012 | -7.0% | -24.4% |
| 2013 | -7.6% | +8.6% |
| 2014 | -6.0% | -21.3% |
| 2015 | 2.9% | -149.0% |
| 2016 | 3.3% | +12.6% |
| 2017 | -2.5% | -175.8% |
| 2018 | -6.0% | +139.2% |
| 2019 | -7.2% | +21.3% |
| 2020 | -21.2% | +193.2% |
| 2021 | -27.9% | +31.6% |
| 2022 | -29.6% | +6.1% |
| 2023 | -22.8% | -22.8% |
| 2024 | -12.9% | -43.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.9% | -12.0% | 2.1% | 5 |
| 2010s | -5.0% | -10.6% | 3.3% | 10 |
| 2020s | -22.9% | -29.6% | -12.9% | 5 |
Countries ranked near Palau
- 173 Solomon Islands -8.1% compare
- 174 Comoros -10.4% compare
- 175 Sao Tome and Principe -11.3% compare
- 177 Cuba -15.7% compare
- 178 Syrian Arab Republic -17.0% compare
- 179 Tonga -19.7% 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, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- External balance on goods and services as a percent of GDP -40.4% (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 gross domestic savings in Palau?
- Gross domestic savings in Palau was -12.9% 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 3.3% in 2016.
- What is the lowest gross domestic savings recorded in Palau?
- The lowest recorded value was -29.6% in 2022.
- How does Palau rank for gross domestic savings?
- Palau ranks 176th 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 117.3%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.