Subsidies and other transfers in Palau
Palau: Subsidies and other transfers was 29.4% in 2020. ▲ Rising
Subsidies and other transfers in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, subsidies and other transfers in Palau stood at 29.4%. That is the highest value across all 13 years on record.
That represents a change of up 102.4% on the previous year and up 186.8% over ten years.
Over the whole period, subsidies and other transfers in Palau peaked at 29.4% in 2020 and was at its lowest, 8.4%, in 2012.
That places Palau 101st out of 152 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Subsidies and other transfers in Palau, year by year
| Year | % of expense | Change |
|---|---|---|
| 2008 | 10.2% | — |
| 2009 | 10.0% | -2.0% |
| 2010 | 10.2% | +2.0% |
| 2011 | 8.9% | -13.0% |
| 2012 | 8.4% | -6.3% |
| 2013 | 10.0% | +20.1% |
| 2014 | 10.4% | +3.8% |
| 2015 | 13.3% | +27.3% |
| 2016 | 15.5% | +16.6% |
| 2017 | 13.6% | -12.2% |
| 2018 | 12.4% | -8.8% |
| 2019 | 14.5% | +17.3% |
| 2020 | 29.4% | +102.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.1% | 10.0% | 10.2% | 2 |
| 2010s | 11.7% | 8.4% | 15.5% | 10 |
| 2020s | 29.4% | 29.4% | 29.4% | 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)
- Compensation of employees 31.0% (2020)
Frequently asked questions
- What is subsidies and other transfers in Palau?
- Subsidies and other transfers in Palau was 29.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Palau?
- The highest recorded value was 29.4% in 2020.
- What is the lowest subsidies and other transfers recorded in Palau?
- The lowest recorded value was 8.4% in 2012.
- How does Palau rank for subsidies and other transfers?
- Palau ranks 101st out of 152 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Palau?
- Over the last ten years it is up 186.8%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.