Country comparison Norway vs Palau

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Gouvernement
GDP Growth (%) [+]20242.1%chart1.4%2023GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q220,508K
Annual GDP [+]2024€446,866Mchart€254M2023Annual GDP [+]
Annual GDP [+]2024$483,593Mchart$275M2023Annual GDP [+]
GDP per capita [+]2024€80,200chart€14,4452023GDP per capita [+]
GDP per capita [+]2024$86,587chart$15,6232023GDP per capita [+]
Quarterly GDP [+]2025Q3€116,770M
Debt (M.€.) [+]2023197,049chart1952023Debt (M.€.) [+]
Debt ($M) [+]2023213,124chart2112023Debt ($M) [+]
Debt (%GDP) [+]202344.13%chart76.77%2023Debt (%GDP) [+]
Debt Per Capita [+]2023€35,503chart€10,8382023Debt Per Capita [+]
Debt Per Capita [+]2023$38,399chart$11,7222023Debt Per Capita [+]
Deficit (M.€) [+]202458,964chart32023Deficit (M.€) [+]
Deficit ($M) [+]202463,179chart32023Deficit ($M) [+]
Deficit (%GDP) [+]202413.20%chart1.02%2023Deficit (%GDP) [+]
Expenditure (M.€) [+]2024221,049.9chart126.72023Expenditure (M.€) [+]
Expenditure ($M) [+]2024238,626.7chart137.02023Expenditure ($M) [+]
Education Expenditure (M.€) [+]202230,960.3chart9.02023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]202232,392.9chart9.72023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]202214.47%chart9.77%2023Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202437,248,508,861.0chart16.82023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202339,211.5chart18.22023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]202317.37%chart13.26%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20249,345.0
Defence Expenditure ($M) [+]202410,113.1
Defence Expenditure (%Bud.) [+]20244.53%
Expenditure (%GDP) [+]202449.50%chart49.84%2023Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€39,409chart€7,0372023Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$42,655chart$7,6112023Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€5,674chart€5092023Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$5,942chart$5512023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€6,711chart€9482023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$7,144chart$1,0252023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€1,677
Defence Expenditure P.C. [+]2024$1,811
Moody's Rating [+]06/07/2024Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202384
Competitiveness Ranking [+]201917º
Fragile States Index [+]202412.7
RTI Raking [+]202486ºchart140º2024RTI Raking [+]
Innovation Ranking [+]202421º
Labour
Unemployment Rate [+]November 20254.5%
Unemployment rate [+]2025Q34.6%
Unemployed [+]2025Q3141K
$883.02024NMW [+]
€799.12024NMW [+]
Average Wage [+]2024$71,085
Average Wage [+]2024€65,675
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]01/22/202611.5760
US Dollar exchange rate [+]01/21/20269.9127
10-Year Bond Yield [+]01/22/20264.22%
Risk Premium [+]01/22/2026134
Stock ExchangeYTD % [+]01/22/20262.22%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]December 20253.0%
PPI Year on Year [+]December 20251.0%
Money Market
Key rates [+]09/19/20254.00%
Business
Doing Business [+]20209ºchart145º2020Doing Business [+]
IPI Year on Year [+]November 20252.0%
Passengers vehicles Year [+]December 2024252,252
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202440.6%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20224,979,400chart18,4002020Annual arrivals [+]
Exports [+]2024€154,449.8Mchart€1.7M2023Exports [+]
Exports [+]2024$167,173.4Mchart$1.9M2023Exports [+]
Exports % GDP [+]202434.56%chart0.68%2023Exports % GDP [+]
Imports [+]2024€91,038.5Mchart€224.0M2023Imports [+]
Imports [+]2024$98,538.3Mchart$242.2M2023Imports [+]
Imports % GDP [+]202420.37%chart88.09%2023Imports % GDP [+]
Trade balance [+]2024€63,411.3Mchart€-222.2M2023Trade balance [+]
Trade balance [+]2024$68,635.1Mchart$-240.4M2023Trade balance [+]
Trade balance % GDP [+]202414.19%chart-87.41%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20255.1%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20249chart392024Density [+]
Global Peace Ranking [+]202428º
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1chart2.42017Remittance received ($M) [+]
% Immigrant [+]202015.81%chart28.27%2020% Immigrant [+]
% Emigrant [+]20203.55%chart14.76%2020% Emigrant [+]
Birth Rate [+]20249.70‰chart10.90‰2023Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart18.12017Remittance sent ($M) [+]
Crude death rate [+]20247.90‰chart11.50‰2023Crude death rate [+]
Fertility Rate [+]20231.40chart1.912023Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202411.6%chart24.9%2006% risk of poverty [+]
Population [+]20245,594,340chart18,0002024Population [+]
Immigrant stock [+]2020852,238chart5,0882020Immigrant stock [+]
Emigrant stock [+]2020191,392chart2,6562020Emigrant stock [+]
HDI [+]20220.966chart0.7972022HDI [+]
Gender Gap Ranking [+]20243º
Life expectancy [+]202483.30chart69.272023Life expectancy [+]
Suicides [+]2023728
Suicide rate [+]202313.12
Number of homicides [+]202340chart22018Number of homicides [+]
Rate Homicides per 100.000 [+]20230.72chart11.232018Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20237.86chart62.592023CO2 Tons per capita [+]
Annual crude oil production [+]20241,791
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2023127,324
Generation GWh [+]2023152,095
Others
COVID-19 - Deaths [+]12/28/20255,732chart1012/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/20251,548,649chart6,37212/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]12/23/20234,061,312
COVID-19 - Deaths per million population [+]12/28/20251,024.61chart555.5612/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/202313,020,641chart31,93111/04/2021Doses administered [+]
Norway
Palau
  • Capital: Ngerulmud
  • Population: 18,000
  • Surface Area: 460 km2
  • Currency: United States dollars
  • Religion: Mostly Christianity
  • Belongs to: ACP, IMF, UN, PIF