Budget balance — all countries

Budget balance — Palau

Budget balance in Palau in 2031 — 0.1%. Ranked 30 in the world out of 188. Since 2000, the indicator has risen by 13.5 pp.

2031 0.1% +0 pp vs 2030
World rank 30of 188
Period maximum 6.2%2018
Period minimum -16.7%2001

Trend over time

2000–2031 · % of GDP

Budget balance — Palau, 2000–2031-20-100102000200420082012201620202024202820312000: -13.4%2001: -16.7%2002: -12.7%2003: -6.9%2004: -4.8%2005: 1.4%2006: 0.1%2007: -2.1%2008: -1.7%2009: -2.1%2010: -1.3%2011: 1.3%2012: 1%2013: 0.5%2014: 3.6%2015: 5.1%2016: 3.5%2017: 4.8%2018: 6.2%2019: -0.4%2020: -13%2021: -9.9%2022: -4.3%2023: -2.3%2024: 1.2%2025: 1.7%2026: 0.8%2027: 0.9%2028: 0.7%2029: 0.5%2030: 0.1%2031: 0.1%
Change over the period: +13.5 pp Annual average: 0.44 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Palau

Palau 0.1%
World computed -4.85%
East Asia & Pacific computed -5.66%
Micronesia (subregion) computed -2.42%
Budget balance — Palau, by year Palau All countries CSV XLSX
Year % Change, pp
2031 0.1 +0 pp
2030 0.1 −0.4 pp
2029 0.5 −0.2 pp
2028 0.7 −0.2 pp
2027 0.9 +0.1 pp
2026 0.8 −0.9 pp
2025 1.7 +0.5 pp
2024 1.2 +3.5 pp
2023 -2.3 +2 pp
2022 -4.3 +5.6 pp
2021 -9.9 +3.1 pp
2020 -13 −12.6 pp
2019 -0.4 −6.6 pp
2018 6.2 +1.4 pp
2017 4.8 +1.3 pp
2016 3.5 −1.6 pp
2015 5.1 +1.5 pp
2014 3.6 +3.1 pp
2013 0.5 −0.5 pp
2012 1 −0.3 pp
2011 1.3 +2.6 pp
2010 -1.3 +0.8 pp
2009 -2.1 −0.4 pp
2008 -1.7 +0.4 pp
2007 -2.1 −2.2 pp
2006 0.1 −1.3 pp
2005 1.4 +6.2 pp
2004 -4.8 +2.1 pp
2003 -6.9 +5.8 pp
2002 -12.7 +4 pp
2001 -16.7 −3.3 pp
2000 -13.4

Micronesia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.