Iceland vs Palau: Wage bill as a percentage of GDP
Iceland
14.9%
in 2022
Palau
15.8%
in 2019
Iceland rank
13th
Palau rank
11th
Wage bill as a percentage of GDP over time
- Iceland
- Palau
How they compare
Palau currently reports 15.8% against 14.9% in Iceland, a difference of 0.9%.
That makes Palau's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 12 shared years of data; in 2008 it was Palau ahead.
Iceland ranks 13th and Palau ranks 11th of 191 countries.
Palau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.4% | 18.4% | 5.0% | Palau |
| 2010s | 13.6% | 15.7% | 2.1% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Iceland or Palau?
- Palau, at 15.8% against 14.9% in Iceland as of 2019.
- What is the difference in wage bill as a percentage of gdp between Iceland and Palau?
- 0.9%, with Palau ahead.
- How many years of comparable data are there for Iceland and Palau?
- 12 years are reported by both, from 2008 to 2019.
- How do Iceland and Palau rank globally for wage bill as a percentage of gdp?
- Iceland ranks 13th and Palau ranks 11th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.