Palau: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Palau

Government spending as percent of GDP

 Latest value 38.33
 Year 2022
 Measure percent
 Data availability 2005 - 2022
 Average 40.56
 Min - Max 29.77 - 50.55
 Source The World Bank
The latest value from 2022 is 38.33 percent, a decline from 43.05 percent in 2021. In comparison, the world average is 16.41 percent, based on data from 155 countries. Historically, the average for Palau from 2005 to 2022 is 40.56 percent. The minimum value, 29.77 percent, was reached in 2016 while the maximum of 50.55 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Palau - Government spending, percent of GDP - Recent values chart

Historical series
Palau - Government spending, percent of GDP - historical chart - 2005-2022




The government size of Palau and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 38.33 2022 percent
 Government spending, in dollars 0.09 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -6.01 2022 percent
 Tax revenue 17.93 2020 percent
 Commercial tax rate 76.60 2019 percent
 Tax preparation time 52 2019 hours
 Number of taxes 11 2019 taxes
 Taxes on goods and services 14.15 2020 percent
 Taxes on international trade 12.34 2020 percent
 Income and profits taxes 8.80 2020 percent
 Foreign aid 55.67 2022 million U.S. dollars
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