Net incurrence of liabilities, total in Palau
Palau: Net incurrence of liabilities, total was 52.56 million current LCU in 2020. ◆ Volatile
Net incurrence of liabilities, total in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Palau recorded 52.56 million current LCU for net incurrence of liabilities, total in 2020. That is the highest value across all 13 years on record.
That represents a change of up 1,105.4% on the previous year and up 492.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Palau peaked at 52.56 million current LCU in 2020 and was at its lowest, -7.79 million current LCU, in 2013.
Palau ranks 118th of 136 countries on this measure, 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 | -1.42 million current LCU | -1.48 million current LCU | -1.37 million current LCU | 2 |
| 2010s | 3.63 million current LCU | -7.79 million current LCU | 17.19 million current LCU | 10 |
| 2020s | 52.56 million current LCU | 52.56 million current LCU | 52.56 million current LCU | 1 |
Countries ranked near Palau
- 115 Saint Vincent and the Grenadines 65.99 million current LCU compare
- 116 Belize 63.64 million current LCU compare
- 117 Bahamas 61.81 million current LCU compare
- 119 Bulgaria 27.09 million current LCU compare
- 120 Micronesia (country) 5.59 million current LCU compare
- 121 Andorra 4.87 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 net incurrence of liabilities, total in Palau?
- Net incurrence of liabilities, total in Palau was 52.56 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Palau?
- The highest recorded value was 52.56 million current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Palau?
- The lowest recorded value was -7.79 million current LCU in 2013.
- How does Palau rank for net incurrence of liabilities, total?
- Palau ranks 118th out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Palau?
- Over the last ten years it is up 492.5%. The long-run trend across the full record is volatile.
- 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 Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.