Deficit, Percent of own spending in Palau
Palau: Deficit, Percent of own spending was -0.0133 in 2019. ◆ Volatile
Deficit, Percent of own spending in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Palau is -0.0133, measured in 2019.
The figure is down 109.1% on the previous year and up 68.9% over ten years.
Over the whole period, deficit, percent of own spending in Palau peaked at 0.156 in 2015 and was at its lowest, -0.0426, in 2009.
Palau ranks 9th of 66 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Deficit, Percent of own spending in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | -0.0344 | — |
| 2009 | -0.0426 | +23.9% |
| 2010 | -0.0171 | -59.9% |
| 2011 | 0.0661 | -486.3% |
| 2012 | 0.0278 | -57.9% |
| 2013 | 0.0392 | +40.9% |
| 2014 | 0.0906 | +131.1% |
| 2015 | 0.156 | +72.2% |
| 2016 | 0.0819 | -47.5% |
| 2017 | 0.1383 | +68.8% |
| 2018 | 0.1457 | +5.3% |
| 2019 | -0.0133 | -109.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.0385 | -0.0426 | -0.0344 | 2 |
| 2010s | 0.0715 | -0.0171 | 0.156 | 10 |
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)
- Compensation of employees 31.0% (2020)
Frequently asked questions
- What is deficit, percent of own spending in Palau?
- Deficit, percent of own spending in Palau was -0.0133 in 2019, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Palau?
- The highest recorded value was 0.156 in 2015.
- What is the lowest deficit, percent of own spending recorded in Palau?
- The lowest recorded value was -0.0426 in 2009.
- How does Palau rank for deficit, percent of own spending?
- Palau ranks 9th out of 66 countries with data for 2019.
- Is deficit, percent of own spending rising or falling in Palau?
- Over the last ten years it is up 68.9%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from International Monetary Fund, published as part of Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.