Transfer dependency method 1, Ratio of net transfers to own spending in Palau
Palau: Transfer dependency method 1, Ratio of net transfers to own spending was 0.3618 in 2019. ▼ Falling
Transfer dependency method 1, Ratio of net transfers to own spending in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
The most recent figure for transfer dependency method 1, ratio of net transfers to own spending in Palau is 0.3618, measured in 2019.
The figure is down 10.8% on the previous year and down 25.1% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in Palau peaked at 0.552 in 2010 and was at its lowest, 0.3208, in 2017.
Palau ranks 3rd of 64 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 12 years of available data.
Transfer dependency method 1, Ratio of net transfers to own spending in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.506 | — |
| 2009 | 0.4832 | -4.5% |
| 2010 | 0.552 | +14.2% |
| 2011 | 0.5353 | -3.0% |
| 2012 | 0.4929 | -7.9% |
| 2013 | 0.4534 | -8.0% |
| 2014 | 0.4535 | +0.0% |
| 2015 | 0.4021 | -11.3% |
| 2016 | 0.3847 | -4.3% |
| 2017 | 0.3208 | -16.6% |
| 2018 | 0.4056 | +26.5% |
| 2019 | 0.3618 | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4946 | 0.4832 | 0.506 | 2 |
| 2010s | 0.4362 | 0.3208 | 0.552 | 10 |
Countries ranked near Palau
- 1 Afghanistan 0.7329 compare
- 2 Marshall Islands 0.4678 compare
- 4 Kiribati 0.192 compare
- 5 United Arab Emirates 0.1632 compare
- 6 Senegal 0.0462 compare
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 transfer dependency method 1, ratio of net transfers to own spending in Palau?
- Transfer dependency method 1, ratio of net transfers to own spending in Palau was 0.3618 in 2019, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in Palau?
- The highest recorded value was 0.552 in 2010.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in Palau?
- The lowest recorded value was 0.3208 in 2017.
- How does Palau rank for transfer dependency method 1, ratio of net transfers to own spending?
- Palau ranks 3rd out of 64 countries with data for 2019.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in Palau?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, Percent (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.