Palau's adjusted savings, carbon dioxide damage (current US$) was US$9.04 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 44.31% from US$6.26 million in 2011 (3.74% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$9.04 million | 2021 |
| Five years earlier | US$8.98 million | 2016 |
| Ten years earlier | US$6.26 million | 2011 |
| Highest | US$10.19 million | 2019 |
| Lowest | US$2.68 million | 1992 |
| Average since 2012 | US$8.61 million | 2012–2021 |
| First recorded | US$2.68 million |
What the numbers say
In 2021, Palau's adjusted savings, carbon dioxide damage (current US$) fell 6.6% on 2020 (from US$9.68 million to US$9.04 million).
Across the 28 yearly changes before that (1993 to 2020), the average change was +4.9% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 22.9% in 2016 and the biggest yearly fall was 8.8% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$363,528 a year. A straight line explains 72% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Palau had the 198th highest value of the 208 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Palau in the 2021 ranking
- St. Vincent and the Grenadines — 194th of 208: US$10.52 million
- Turks and Caicos Islands — 195th of 208: US$9.9 million
- Vanuatu — 196th of 208: US$9.72 million
- St. Kitts and Nevis — 198th of 208: US$8.81 million
- Micronesia, Fed. Sts. — 199th of 208: US$8.56 million
- Marshall Islands — 200th of 208: US$8.31 million
What this measures
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 30 values
| Year | Adjusted savings, carbon dioxide damage (current US$) |
|---|---|
| 2021 | 9,039,778 |
| 2020 | 9,680,048 |
| 2019 | 10,194,730 |
| 2018 | 9,794,686 |
| 2017 | 9,728,444 |
| 2016 | 8,977,889 |
| 2015 | 7,302,292 |
| 2014 | 7,407,566 |
| 2013 | 7,111,585 |
| 2012 | 6,835,411 |
| 2011 |
Adjusted savings, carbon dioxide damage (current US$) in nearby economies
- American Samoa — US$17.65 million (2021)
- Australia — US$16.94 billion (2021)
- Brunei Darussalam — US$315.56 million (2021)
- Cambodia — US$844.69 million (2021)
- China — US$482.5 billion (2021)
- Fiji — US$60.08 million (2021)
- French Polynesia — US$43.92 million (2021)
- Guam — US$82.6 million (2021)
- Hong Kong SAR, China — US$1.5 billion (2021)
More economic policy & debt data for Palau
- GDP (current US$) — US$345 million (2025)
- GDP (current LCU) — 345 million (2025)
- GDP (constant 2015 US$) — US$275.84 million (2025)
- GDP (constant LCU) — 280 million (2025)
- GDP per capita (current US$) — US$19,532 (2025)
- GDP per capita (current LCU) — 19,532 (2025)
- GDP per capita (constant 2015 US$) — US$15,617 (2025)
- GDP per capita (constant LCU) — 15,852 (2025)
- GNI (current US$) — US$351.4 million (2025)
- GNI (current LCU) — 351.4 million (2025)
- GNI per capita (current LCU) — 19,895 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Palau's adjusted savings, carbon dioxide damage (current US$)?
- US$9.04 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1992?
- It is up 237.41% from US$2.68 million in 1992 (4.28% a year on average, compounded). The highest value was US$10.19 million in 2019 and the lowest US$2.68 million in 1992.
- How does Palau rank?
- 198th highest of 208 economies with data for 2021.
- Is the latest change in adjusted savings, carbon dioxide damage (current US$) unusual for Palau?
- In 2021, Palau's adjusted savings, carbon dioxide damage (current US$) fell 6.6% on 2020 (from US$9.68 million to US$9.04 million). Across the 28 yearly changes before that (1993 to 2020), the average change was +4.9% and a typical year strayed about 6.3% from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DCO2.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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