Gross domestic savings 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$, in 2022.
That places Palau 161st out of 187 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.48 million current US$ | -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
- 158 Gambia 95.34 million current US$ compare
- 159 Vanuatu 44.12 million current US$ compare
- 160 Guyana -2.64 million current US$ compare
- 162 Marshall Islands -68.44 million current US$ compare
- 163 Namibia -83.18 million current US$ compare
- 164 Sao Tome and Principe -110.88 million current US$ compare
More economy & growth data for Palau
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Gross national expenditure 475.51 million current US$ (2024)
- Gross national expenditure 475.51 million current LCU (2024)
- Gross national expenditure 361.81 million constant 2015 US$ (2024)
- Industry (including construction), value added 37.2% (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Gross fixed capital formation 115.22 million current LCU (2024)
- Gross fixed capital formation 115.22 million current US$ (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 161st out of 187 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.