Palau: Gross savings (current LCU)

Key figures

What the numbers say

In 2023, Palau's gross savings (current LCU) fell 29.05 million on 2022 (from -6.81 million to -35.86 million).

Across the 17 yearly changes before that (2006 to 2022), the average change was −1.38 million and a typical year strayed about 9.92 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 13.67 million in 2021 and the biggest yearly fall was 29.05 million in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 4.65 million a year. A straight line explains 53% 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.

Closest to Palau in the 2023 ranking

• Comoros — 3rd of 7: 80.36 billion
• Libya — 4th of 7: 54.81 billion
• Aruba — 5th of 7: 931 million
• Lebanon — 7th of 7: -216.19 trillion

What this measures

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.

All 19 values

Gross savings (current LCU) in nearby economies

• Australia — 615.58 billion (2025)
• Brunei Darussalam — 8.91 billion (2025)
• Cambodia — 80.44 trillion (2025)
• China — 57.58 trillion (2024)
• Fiji — 1.77 billion (2024)
• French Polynesia — 138 billion (2016)
• Hong Kong SAR, China — 1.02 trillion (2025)
• Indonesia — 8,347.66 trillion (2025)
• Japan — 203.33 trillion (2024)
• Kiribati — 66.84 million (2024)
• Korea, Rep. — 948.12 trillion (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Palau's gross savings (current LCU)?

-35.86 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 315.89% from 16.61 million in 2005. The highest value was 26.71 million in 2016 and the lowest -35.86 million in 2023.

Is the latest change in gross savings (current LCU) unusual for Palau?

In 2023, Palau's gross savings (current LCU) fell 29.05 million on 2022 (from -6.81 million to -35.86 million). Across the 17 yearly changes before that (2006 to 2022), the average change was −1.38 million and a typical year strayed about 9.92 million from that (the standard deviation). This year's change was 2.8 standard deviations below that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.