Country comparison Italy vs Palau

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Gouvernement
Qu. GDP Per Capita [+]2024Q19,034K
Annual GDP [+]2023€2,085,376Mchart€233M2022Annual GDP [+]
Annual GDP [+]2023$2,254,851Mchart$246M2022Annual GDP [+]
GDP per capita [+]2023€35,350chart€12,9682022GDP per capita [+]
GDP per capita [+]2023$38,220chart$13,6672022GDP per capita [+]
Quarterly GDP [+]2024Q1€532,954M
Debt (M.€.) [+]20232,863,438chart1602022Debt (M.€.) [+]
Debt ($M) [+]20233,096,236chart1692022Debt ($M) [+]
Debt (%GDP) [+]2023137.30%chart68.39%2022Debt (%GDP) [+]
Debt Per Capita [+]2023€48,535chart€8,9092022Debt Per Capita [+]
Debt Per Capita [+]2023$52,481chart$9,3892022Debt Per Capita [+]
Deficit (M.€) [+]2023-154,124chart-92022Deficit (M.€) [+]
Deficit ($M) [+]2023-166,654chart-92022Deficit ($M) [+]
Deficit (%GDP) [+]2023-7.40%chart-3.57%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]20231,150,716.0chart144.22022Expenditure (M.€) [+]
Expenditure ($M) [+]20231,244,269.2chart152.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]202173,241.8chart17.02019Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202186,626.0chart19.02019Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20217.44%chart15.66%2019Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]2022130,364,000,000.0chart14.12021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]2022137,273,292,000.0chart16.62021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202112.36%chart11.10%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]202232,958.0
Defence Expenditure ($M) [+]202234,706.4
Defence Expenditure (%Bud.) [+]20223.17%
Expenditure (%GDP) [+]202355.20%chart61.76%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€19,505chart€8,0132022Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$21,090chart$8,4442022Expenditure Per Capita [+]
Education Expenditure P.C [+]2021€1,239chart€9552019Education Expenditure P.C [+]
Education Expenditure P.C [+]2021$1,436chart$1,0692019Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€2,208chart€7812021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2022$2,325chart$9232021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€558
Defence Expenditure P.C. [+]2022$572
Moody's Rating [+]11/17/2023Baa3
S&P Rating [+]07/26/2022BBB
Fitch Rating [+]12/03/2021BBB
Corruption Index [+]202256
Competitiveness Ranking [+]201930º
Fragile States Index [+]201843.8
RTI Raking [+]202266ºchart136º2022RTI Raking [+]
Innovation Ranking [+]201831º
Labour
Unemployment Rate [+]April 20246.9%
Unemployment rate [+]2024Q17.7%
Unemployed [+]2024Q11,974K
$728.02022NMW [+]
€642.82022NMW [+]
Average Wage [+]2023$36,215
Average Wage [+]2023€33,492
Human Capital Ranking [+]201735º
Markets
US Dollar exchange rate [+]06/17/20240.9335
10-Year Bond Yield [+]06/17/20243.94%
Risk Premium [+]06/17/2024154
Stock ExchangeYTD % [+]06/10/202413.81%
Prices
CPI (overall index) [+]May 20240.8%
HICP [+]May 20240.8%
PPI Year on Year [+]April 2024-8.1%
Money Market
Key rates [+]06/12/20244.25%
Business
Doing Business [+]202058ºchart145º2020Doing Business [+]
IPI Year on Year [+]April 2024-2.9%
Passengers vehicles Year [+]December 20221,316,392
Annual Vehicles/ 1,000 p. [+]December 202225.50
Motor vehicle production [+]2022796,394
Vehicles / 1,000 people [+]2021765.75
Taxes
Tax Revenue (%GDP) [+]202242.7%
Standard VAT [+]10/01/201322.00%
Top tax rate + SSC [+]202252.2%
Trade
Annual arrivals [+]201964,512,919chart106,0002018Annual arrivals [+]
Exports [+]2023€626,204.5Mchart€1.7M2023Exports [+]
Exports [+]2023$676,963.3Mchart$1.9M2023Exports [+]
Exports % GDP [+]202330.03%chart1.11%2022Exports % GDP [+]
Imports [+]2023€591,831.5Mchart€224.1M2023Imports [+]
Imports [+]2023$639,630.1Mchart$242.3M2023Imports [+]
Imports % GDP [+]202328.38%chart84.38%2022Imports % GDP [+]
Trade balance [+]2023€34,373.0Mchart€-222.3M2023Trade balance [+]
Trade balance [+]2023$37,333.2Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]20231.65%chart-83.28%2022Trade balance % GDP [+]
Retail Sales YoY [+]December 2023-2.9%
Socio-Demography
Global AgeWatch Ranking [+]201537º
Density [+]2022195chart392021Density [+]
Global Peace Ranking [+]202334º
Crude divorce rate [+]20221.40‰
Remittance received ($M) [+]20179,287.4chart2.42017Remittance received ($M) [+]
% Immigrant [+]202010.78%chart28.27%2020% Immigrant [+]
% Emigrant [+]20205.50%chart14.76%2020% Emigrant [+]
Birth Rate [+]20226.70‰chart8.80‰2022Birth Rate [+]
Remittance sent ($M) [+]201717,369.1chart18.12017Remittance sent ($M) [+]
Crude death rate [+]202212.10‰chart11.40‰2022Crude death rate [+]
Fertility Rate [+]20221.24chart0.852020Fertility Rate [+]
Crude marriage rate [+]20223.20‰
% risk of poverty [+]202318.9%chart24.9%2006% risk of poverty [+]
Population [+]202258,997,201chart18,0002021Population [+]
Immigrant stock [+]20206,386,998chart5,0882020Immigrant stock [+]
Emigrant stock [+]20203,258,831chart2,6562020Emigrant stock [+]
HDI [+]20210.895chart0.7672021HDI [+]
Gender Gap Ranking [+]202379º
Life expectancy [+]202383.80chart69.132005Life expectancy [+]
Suicides [+]20213,852
Suicide rate [+]20216.43
Number of homicides [+]2022322chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]20220.55chart11.202018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20225.48chart59.002022CO2 Tons per capita [+]
Annual crude oil production [+]202385
Crude Oil Reserves [+]2021497.9
Consumption GWh [+]2022298,320
Generation GWh [+]2022274,164
Others
COVID-19 - Deaths [+]06/02/2024197,018chart1006/02/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]06/02/202426,722,730chart6,36606/02/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/16/202347,947,097
COVID-19 - Deaths per million population [+]06/02/20243,339.45chart555.5606/02/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/16/2023144,608,839chart31,93111/04/2021Doses administered [+]
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF