Gross savings (current LCU), per unit of GDP in Palau
Palau: Gross savings (current LCU), per unit of GDP was -0.1299 current LCU per US$ of GDP in 2023. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Palau, 2005–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, gross savings (current lcu), per unit of gdp in Palau stood at -0.1299 current LCU per US$ of GDP. That is the lowest value across all 19 years on record.
That represents a change of down 371.8% on the previous year and down 922.3% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Palau peaked at 0.0895 current LCU per US$ of GDP in 2005 and was at its lowest, -0.1299 current LCU per US$ of GDP, in 2023.
Palau ranks 174th of 178 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), per unit of GDP in Palau, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.0895 current LCU per US$ of GDP | — |
| 2006 | 0.0449 current LCU per US$ of GDP | -49.9% |
| 2007 | 0.0466 current LCU per US$ of GDP | +3.9% |
| 2008 | 0.0144 current LCU per US$ of GDP | -69.0% |
| 2009 | -0.0065 current LCU per US$ of GDP | -145.0% |
| 2010 | 0.0267 current LCU per US$ of GDP | -511.4% |
| 2011 | 0.0273 current LCU per US$ of GDP | +2.2% |
| 2012 | 0.0159 current LCU per US$ of GDP | -41.8% |
| 2013 | 0.0158 current LCU per US$ of GDP | -0.5% |
| 2014 | 0.0083 current LCU per US$ of GDP | -47.7% |
| 2015 | 0.0474 current LCU per US$ of GDP | +473.8% |
| 2016 | 0.0881 current LCU per US$ of GDP | +85.7% |
| 2017 | 0.0581 current LCU per US$ of GDP | -34.0% |
| 2018 | 0.0755 current LCU per US$ of GDP | +29.9% |
| 2019 | 0.0122 current LCU per US$ of GDP | -83.8% |
| 2020 | -0.0723 current LCU per US$ of GDP | -691.3% |
| 2021 | -0.0214 current LCU per US$ of GDP | -70.4% |
| 2022 | -0.0275 current LCU per US$ of GDP | +28.6% |
| 2023 | -0.1299 current LCU per US$ of GDP | +371.8% |
Palau compared with similar countries
- Palau's -0.1299 current LCU per US$ of GDP is below the median for high income countries, which is 0.313 current LCU per US$ of GDP. (63 countries reporting)
- Palau's -0.1299 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP 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 |
|---|---|---|---|
| 2020 | -691.3% | 0.0122 current LCU per US$ of GDP | -0.0723 current LCU per US$ of GDP |
| 2010 | +511.4% | -0.0065 current LCU per US$ of GDP | 0.0267 current LCU per US$ of GDP |
| 2015 | +473.8% | 0.0083 current LCU per US$ of GDP | 0.0474 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0378 current LCU per US$ of GDP | -0.0065 current LCU per US$ of GDP | 0.0895 current LCU per US$ of GDP | 5 |
| 2010s | 0.0375 current LCU per US$ of GDP | 0.0083 current LCU per US$ of GDP | 0.0881 current LCU per US$ of GDP | 10 |
| 2020s | -0.0628 current LCU per US$ of GDP | -0.1299 current LCU per US$ of GDP | -0.0214 current LCU per US$ of GDP | 4 |
Countries ranked near Palau
- 171 Jordan 0.091 current LCU per US$ of GDP
- 172 Montenegro 0.0624 current LCU per US$ of GDP compare
- 173 Venezuela 0 current LCU per US$ of GDP compare
- 175 East Timor -0.2113 current LCU per US$ of GDP compare
- 176 Yemen -12.8 current LCU per US$ of GDP compare
- 177 Malawi -34.57 current LCU per US$ of GDP 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), per unit of gdp in Palau?
- Gross savings (current lcu), per unit of gdp in Palau was -0.1299 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Palau?
- The highest recorded value was 0.0895 current LCU per US$ of GDP in 2005.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Palau?
- The lowest recorded value was -0.1299 current LCU per US$ of GDP in 2023.
- How does Palau rank for gross savings (current lcu), per unit of gdp?
- Palau ranks 174th out of 178 countries with data for 2023.
- Is gross savings (current lcu), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 922.3%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- 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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.