Palau: Savings, percent of GDP
* indicates monthly or quarterly data series
Palau |
Savings as percent of GDP |
---|---|
Latest value | 2.82 |
Year | 2022 |
Measure | percent |
Data availability | 2005 - 2022 |
Average | -13.23 |
Min - Max | -36.70 - 7.58 |
Source | The World Bank |
The latest value from 2022 is 2.82 percent, an increase from -10.44 percent in 2021. In comparison, the world average is 23.18 percent, based on data from 140 countries. Historically, the average for Palau from 2005 to 2022 is -13.23 percent. The minimum value, -36.7 percent, was reached in 2006 while the maximum of 7.58 percent was recorded in 2018.
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* indicates monthly or quarterly data series
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The savings in Palau and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 12.35 | 2022 | percent |
Share of manufacturing | 1.10 | 2022 | percent |
Share of services | 80.11 | 2022 | percent |
Industry value added | 0.03 | 2022 | billion U.S. dollars |
Manufacturing value added | 0.00 | 2022 | billion U.S. dollars |
Services value added | 0.19 | 2022 | billion U.S. dollars |
Savings, percent of GDP | 2.82 | 2022 | percent |
Savings, in dollars | 0.01 | 2022 | billion U.S. dollars |