Compensation of employees in Palau
Palau: Compensation of employees was 47.37 million current LCU in 2020. ▲ Rising
Compensation of employees in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Palau recorded 47.37 million current LCU for compensation of employees in 2020. That is the highest value across all 13 years on record.
That represents a change of up 4.0% on the previous year and up 41.9% over ten years.
Over the whole period, compensation of employees in Palau peaked at 47.37 million current LCU in 2020 and was at its lowest, 33.39 million current LCU, in 2010.
That places Palau 154th out of 156 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.52 million current LCU | 34.22 million current LCU | 34.82 million current LCU | 2 |
| 2010s | 38.61 million current LCU | 33.39 million current LCU | 45.54 million current LCU | 10 |
| 2020s | 47.37 million current LCU | 47.37 million current LCU | 47.37 million current LCU | 1 |
Countries ranked near Palau
- 151 Kiribati 115.48 million current LCU compare
- 152 Nauru 72.51 million current LCU compare
- 153 Marshall Islands 50.76 million current LCU compare
- 155 Micronesia (country) 22.87 million current LCU compare
- 156 Zimbabwe 1.12 million current LCU compare
More public sector data for Palau
- Tax revenue 18.1% (2020)
- Taxes on income, profits and capital gains 8.8% (2020)
- Taxes on goods and services 14.2% (2020)
- Net investment in nonfinancial assets 6.4% (2020)
- Net lending (+) / net borrowing (-) -9.5% (2020)
- Interest payments 0.6% (2020)
- Grants and other revenue 63.3% (2020)
- Interest payments 0.5% (2020)
- Other taxes 1.4% (2020)
- Compensation of employees 31.0% (2020)
Frequently asked questions
- What is compensation of employees in Palau?
- Compensation of employees in Palau was 47.37 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Palau?
- The highest recorded value was 47.37 million current LCU in 2020.
- What is the lowest compensation of employees recorded in Palau?
- The lowest recorded value was 33.39 million current LCU in 2010.
- How does Palau rank for compensation of employees?
- Palau ranks 154th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Palau?
- Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. 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.