Use of goods and services, Ratio of this level of government's in Palau
Palau: Use of goods and services, Ratio of this level of government's was 0.8279 in 2019. ▼ Falling
Use of goods and services, Ratio of this level of government's in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
The most recent figure for use of goods and services, ratio of this level of government's in Palau is 0.8279, measured in 2019.
That represents a change of down 3.7% on the previous year and down 5.1% over ten years.
Over the whole period, use of goods and services, ratio of this level of government's in Palau peaked at 0.9056 in 2008 and was at its lowest, 0.8146, in 2015.
Palau ranks 17th of 79 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Use of goods and services, Ratio of this level of government's in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0.9056 | — |
| 2009 | 0.8726 | -3.6% |
| 2010 | 0.8652 | -0.8% |
| 2011 | 0.8489 | -1.9% |
| 2012 | 0.82 | -3.4% |
| 2013 | 0.8149 | -0.6% |
| 2014 | 0.817 | +0.3% |
| 2015 | 0.8146 | -0.3% |
| 2016 | 0.8323 | +2.2% |
| 2017 | 0.8303 | -0.2% |
| 2018 | 0.8595 | +3.5% |
| 2019 | 0.8279 | -3.7% |
Palau compared with similar countries
- Palau's 0.8279 is above the median for high income countries, which is 0.4675, 1.8× the median. (42 countries reporting)
- Palau's 0.8279 is above the median for East Asia & Pacific, which is 0.7007, 1.2× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8891 | 0.8726 | 0.9056 | 2 |
| 2010s | 0.8331 | 0.8146 | 0.8652 | 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 use of goods and services, ratio of this level of government's in Palau?
- Use of goods and services, ratio of this level of government's in Palau was 0.8279 in 2019, according to International Monetary Fund.
- What is the highest use of goods and services, ratio of this level of government's recorded in Palau?
- The highest recorded value was 0.9056 in 2008.
- What is the lowest use of goods and services, ratio of this level of government's recorded in Palau?
- The lowest recorded value was 0.8146 in 2015.
- How does Palau rank for use of goods and services, ratio of this level of government's?
- Palau ranks 17th out of 79 countries with data for 2019.
- Is use of goods and services, ratio of this level of government's rising or falling in Palau?
- Over the last ten years it is down 5.1%. 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 Use of goods and services, Ratio of this level of government's expenditure on this item to total general government expenditure on this, 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.