Palau: Gross savings (% of GDP)

Key figures

What the numbers say

In 2023, Palau's gross savings (% of GDP) fell 10.23 percentage points on 2022 (from -2.75% to -12.99%).

Across the 17 yearly changes before that (2006 to 2022), the average change was −0.69 percentage points and a typical year strayed about 3.72 percentage points from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 5.09 percentage points in 2021 and the biggest yearly fall was 10.23 percentage points 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 1.68 percentage points a year. A straight line explains 55% 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

See how every economy compares in the full ranking.

Closest to Palau in the 2023 ranking

• Aruba — 4th of 7: 13.88%
• Comoros — 5th of 7: 12.05%
• Lebanon — 6th of 7: -12.55%

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 19 values

Gross savings (% of GDP) in nearby economies

• Australia — 22.15% (2025)
• Brunei Darussalam — 45.33% (2025)
• Cambodia — 39.09% (2025)
• China — 42.72% (2024)
• Fiji — 13.06% (2024)
• French Polynesia — 23.29% (2016)
• Hong Kong SAR, China — 30.55% (2025)
• Indonesia — 35.04% (2025)
• Japan — 32.06% (2024)
• Kiribati — 12.85% (2024)
• Korea, Rep. — 35.6% (2025)
• Lao PDR

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)

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Questions people ask

What is Palau's gross savings (% of GDP)?

-12.99% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is down 21.93 percentage points from 8.95% in 2005. The highest value was 8.95% in 2005 and the lowest -12.99% in 2023.

Is the latest change in gross savings (% of GDP) unusual for Palau?

In 2023, Palau's gross savings (% of GDP) fell 10.23 percentage points on 2022 (from -2.75% to -12.99%). Across the 17 yearly changes before that (2006 to 2022), the average change was −0.69 percentage points and a typical year strayed about 3.72 percentage points from that (the standard deviation). This year's change was 2.6 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.ZS, 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.

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