Monthly minimum wage (Local currency), annual growth rate in Palau
Palau: Monthly minimum wage (Local currency), annual growth rate was 21.29 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Palau, 2009–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for monthly minimum wage (local currency), annual growth rate in Palau is 21.29 % change on previous year, measured in 2024. That is the highest value across all 16 years on record.
That represents a change of up 134.2% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Palau peaked at 21.29 % change on previous year in 2024 and was at its lowest, 0 % change on previous year, in 2009.
Palau ranks 23rd of 168 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2009 | 0 % change on previous year | — |
| 2010 | 0 % change on previous year | — |
| 2011 | 0 % change on previous year | — |
| 2012 | 0 % change on previous year | — |
| 2013 | 10 % change on previous year | — |
| 2014 | 9.09 % change on previous year | -9.1% |
| 2015 | 8.33 % change on previous year | -8.3% |
| 2016 | 7.69 % change on previous year | -7.7% |
| 2017 | 0 % change on previous year | -100.0% |
| 2018 | 0 % change on previous year | — |
| 2019 | 0 % change on previous year | — |
| 2020 | 0 % change on previous year | — |
| 2021 | 0 % change on previous year | — |
| 2022 | 0 % change on previous year | — |
| 2023 | 0 % change on previous year | — |
| 2024 | 21.29 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 % change on previous year | 0 % change on previous year | 0 % change on previous year | 1 |
| 2010s | 3.51 % change on previous year | 0 % change on previous year | 10 % change on previous year | 10 |
| 2020s | 4.26 % change on previous year | 0 % change on previous year | 21.29 % change on previous year | 5 |
Countries ranked near Palau
More work & labour data for Palau
- Population - Est. & Proj. — Rural population 2.98 1000 No (2050)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5438 % change on previous year (2100)
- Population - Est. & Proj. — Urban population, annual growth rate 0.5354 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female 5.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5.49 1000 No (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.06 % change on previous year (2050)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.6167 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5897 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11.13 1000 No (2100)
- Population - Est. & Proj. — Urban population 24.6 1000 No (2050)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Palau?
- Monthly minimum wage (local currency), annual growth rate in Palau was 21.29 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Palau?
- The highest recorded value was 21.29 % change on previous year in 2024.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Palau?
- The lowest recorded value was 0 % change on previous year in 2009.
- How does Palau rank for monthly minimum wage (local currency), annual growth rate?
- Palau ranks 23rd out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 134.2%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.