Compensation of employees in Palau
Palau: Compensation of employees was 31.0% in 2020. ▬ Flat
Compensation of employees in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for compensation of employees in Palau is 31.0%, measured in 2020.
Compared with earlier readings it is down 18.5% on the previous year and down 12.6% over ten years.
Over the whole period, compensation of employees in Palau peaked at 38.1% in 2019 and was at its lowest, 30.1%, in 2012.
Palau ranks 62nd of 155 countries on this measure, in the middle of the range.
Compensation of employees in Palau, year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 34.5% | — |
| 2009 | 35.6% | +3.3% |
| 2010 | 35.5% | -0.2% |
| 2011 | 32.8% | -7.5% |
| 2012 | 30.1% | -8.5% |
| 2013 | 32.7% | +8.8% |
| 2014 | 32.0% | -2.1% |
| 2015 | 33.5% | +4.6% |
| 2016 | 33.2% | -0.9% |
| 2017 | 35.5% | +7.0% |
| 2018 | 38.0% | +7.1% |
| 2019 | 38.1% | +0.2% |
| 2020 | 31.0% | -18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.0% | 34.5% | 35.6% | 2 |
| 2010s | 34.1% | 30.1% | 38.1% | 10 |
| 2020s | 31.0% | 31.0% | 31.0% | 1 |
Countries ranked near Palau
More public sector data for Palau
- Tax revenue 18.1% (2020)
- Taxes on income, profits and capital gains 8.8% (2020)
- Taxes on goods and services 14.2% (2020)
- Net investment in nonfinancial assets 6.4% (2020)
- Net lending (+) / net borrowing (-) -9.5% (2020)
- Interest payments 0.6% (2020)
- Grants and other revenue 63.3% (2020)
- Interest payments 0.5% (2020)
- Other taxes 1.4% (2020)
- Goods and services expense 18.4% (2020)
Frequently asked questions
- What is compensation of employees in Palau?
- Compensation of employees in Palau was 31.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Palau?
- The highest recorded value was 38.1% in 2019.
- What is the lowest compensation of employees recorded in Palau?
- The lowest recorded value was 30.1% in 2012.
- How does Palau rank for compensation of employees?
- Palau ranks 62nd out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Palau?
- Over the last ten years it is down 12.6%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.