Gross savings (current LCU), annual growth rate in Palau
Palau: Gross savings (current LCU), annual growth rate was -426.5 % change on previous year in 2023. ◆ Volatile
Gross savings (current LCU), annual growth rate in Palau, 2006–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded -426.5 % change on previous year for gross savings (current lcu), annual growth rate in 2023.
The figure is down 1,121.4% on the previous year and down 9,125.5% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Palau peaked at 562.15 % change on previous year in 2015 and was at its lowest, -643.15 % change on previous year, in 2020.
Palau ranks 177th of 177 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 savings (current LCU), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -48.48 % change on previous year | — |
| 2007 | 6.71 % change on previous year | -113.8% |
| 2008 | -68.56 % change on previous year | -1121.1% |
| 2009 | -141.57 % change on previous year | +106.5% |
| 2010 | 511.95 % change on previous year | -461.6% |
| 2011 | 8.26 % change on previous year | -98.4% |
| 2012 | -35.91 % change on previous year | -534.7% |
| 2013 | 4.73 % change on previous year | -113.2% |
| 2014 | -43.24 % change on previous year | -1015.0% |
| 2015 | 562.15 % change on previous year | -1400.2% |
| 2016 | 98.87 % change on previous year | -82.4% |
| 2017 | -36.91 % change on previous year | -137.3% |
| 2018 | 29.07 % change on previous year | -178.8% |
| 2019 | -84.15 % change on previous year | -389.5% |
| 2020 | -643.15 % change on previous year | +664.3% |
| 2021 | 73.03 % change on previous year | -111.4% |
| 2022 | -34.92 % change on previous year | -147.8% |
| 2023 | -426.5 % change on previous year | +1121.4% |
Palau compared with similar countries
- Palau's -426.5 % change on previous year is below the median for high income countries, which is 5.17 % change on previous year. (63 countries reporting)
- Palau's -426.5 % change on previous year is below the median for East Asia & Pacific, which is 5.17 % change on previous year. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -62.98 % change on previous year | -141.57 % change on previous year | 6.71 % change on previous year | 4 |
| 2010s | 101.48 % change on previous year | -84.15 % change on previous year | 562.15 % change on previous year | 10 |
| 2020s | -257.88 % change on previous year | -643.15 % change on previous year | 73.03 % change on previous year | 4 |
Countries ranked near Palau
- 174 Solomon Islands -79.91 % change on previous year compare
- 175 East Timor -123.37 % change on previous year compare
- 176 Malawi -144.06 % change on previous year compare
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- 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 capita 15,617 units per person (2025)
- 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)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Inflation of consumer prices -0.4% (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Palau?
- Gross savings (current lcu), annual growth rate in Palau was -426.5 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Palau?
- The highest recorded value was 562.15 % change on previous year in 2015.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Palau?
- The lowest recorded value was -643.15 % change on previous year in 2020.
- How does Palau rank for gross savings (current lcu), annual growth rate?
- Palau ranks 177th out of 177 countries with data for 2023.
- Is gross savings (current lcu), annual growth rate rising or falling in Palau?
- Over the last ten years it is down 9,125.5%. 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 Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.