KPI |
2024 - Palau |
Weight |
Best |
Worst |
Aspirational value |
Current Value |
Institutional environment
|
Operational stability for businesses |
Initial Value: 0.5
|
4.45 |
0.70 |
Worst: Lebanon 4.45 Best: Singapore 0.70
118.67% |
N/AValue: N/A
|
Government effectiveness |
Initial Value: 1
|
2.14 |
-1.68 |
Worst: Myanmar -1.68 Best: Singapore 2.14
43.98% |
N/AValue: N/A
|
Regulatory environment
|
Regulatory quality |
Initial Value: 0.5
|
2.21 |
-1.59 |
Worst: Iran, Islamic Rep. -1.59 Best: Singapore 2.21
41.84% |
N/AValue: N/A
|
Rule of law |
Initial Value: 0.5
|
1.96 |
-1.53 |
Worst: Myanmar -1.53 Best: Finland 1.96
43.84% |
N/AValue: N/A
|
Cost of redundancy dismissal |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Business Environment
|
Ease of starting a business |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Policies for doing business |
Initial Value: 1
|
6.38 |
1.79 |
Worst: Argentina 1.79 Best: Singapore 6.38
|
N/AValue: N/A
|
Policy stability for doing business |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Entrepreneurship policies and culture |
Initial Value: 1
|
6.98 |
3.19 |
Worst: Iran, Islamic Rep. 3.19 Best: United Arab Emirates 6.98
|
N/AValue: N/A
|
Ease of doing insolvency |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Education
|
Expenditure on education |
Initial Value: 1
|
9.05 |
1.20 |
Worst: Sri Lanka 1.20 Best: Namibia 9.05
|
N/AValue: N/A
|
Government funding per secondary student |
Initial Value: 1
|
51.06 |
5.88 |
Worst: Guatemala 5.88 Best: Tunisia 51.06
|
N/AValue: N/A
|
School life expectancy |
Initial Value: 1
|
20.65 |
6.70 |
Worst: Niger 6.70 Best: Australia 20.65
|
N/AValue: N/A
|
PISA scales in reading, math and science |
Initial Value: 0.5
|
579.03 |
337.45 |
Worst: Cambodia 337.45 Best: China 579.03
|
N/AValue: N/A
|
Pupil-teacher ratio, secondary |
Initial Value: 0.5
|
43.67 |
6.13 |
Worst: Ethiopia 43.67 Best: Croatia 6.13
116.33% |
N/AValue: N/A
|
Tertiary Education
|
Tertiary enrolment |
Initial Value: 1
|
150.20 |
4.27 |
Worst: Niger 4.27 Best: Greece 150.20
|
N/AValue: N/A
|
Graduates in Science and engineering |
Initial Value: 1
|
40.23 |
8.92 |
Worst: Namibia 8.92 Best: Malaysia 40.23
|
N/AValue: N/A
|
Tertiary inbound mobility |
Initial Value: 0.5
|
72.98 |
0.05 |
Worst: Myanmar 0.05 Best: United Arab Emirates 72.98
|
N/AValue: N/A
|
Research and Development
|
Researchers FTE |
Initial Value: 1
|
9929.18 |
14.52 |
Worst: Guatemala 14.52 Best: Sweden 9929.18
|
N/AValue: N/A
|
Gross expenditure on R&D (GERD) |
Initial Value: 1
|
6.02 |
0.01 |
Worst: Mauritania 0.01 Best: Israel 6.02
|
N/AValue: N/A
|
Global RnD companies, average expenditure, top 3 |
Initial Value: 1
|
33011.65 |
0.00 |
Worst: Albania 0.00 Best: United States 33011.65
0% |
N/AValue: N/A
|
QS university ranking average score of top 3 universities |
Initial Value: 1
|
98.80 |
0.00 |
Worst: Albania 0.00 Best: United States 98.80
0% |
N/AValue: N/A
|
ICTs
|
ICT access |
Initial Value: 1
|
100.00 |
28.55 |
Worst: Madagascar 28.55 Best: Bahrain 100.00
|
N/AValue: N/A
|
ICT use |
Initial Value: 1
|
100.00 |
22.31 |
Worst: Mali 22.31 Best: Kuwait 100.00
|
N/AValue: N/A
|
Government online service |
Initial Value: 1
|
1.00 |
0.10 |
Worst: Mauritania 0.10 Best: Estonia 1.00
|
N/AValue: N/A
|
online e-participation |
Initial Value: 1
|
1.00 |
0.02 |
Worst: Mauritania 0.02 Best: Japan 1.00
|
N/AValue: N/A
|
General Infrastructure
|
Electricity output |
Initial Value: 0.5
|
52670.16 |
28.51 |
Worst: Niger 28.51 Best: Iceland 52670.16
|
N/AValue: N/A
|
Logistics performance |
Initial Value: 0.5
|
4.30 |
2.10 |
Worst: Angola 2.10 Best: Singapore 4.30
|
N/AValue: N/A
|
Gross capital formation |
Initial Value: 1
|
46.25 |
13.90 |
Worst: Tunisia 13.90 Best: Cape Verde 46.25
|
N/AValue: N/A
|
Ecological sustainability
|
GDP per unit of energy use |
Initial Value: 1
|
41.58 |
2.12 |
Worst: Trinidad and Tobago 2.12 Best: Ireland 41.58
|
N/AValue: N/A
|
Low-carbon energy use, % |
Initial Value: 1
|
83.74 |
0.01 |
Worst: Trinidad and Tobago 0.01 Best: Iceland 83.74
|
N/AValue: N/A
|
Environmental performance |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
ISO 14001 environmental certificates |
Initial Value: 1
|
12.33 |
0.06 |
Worst: Ethiopia 0.06 Best: Bulgaria 12.33
|
N/AValue: N/A
|
Credit
|
Finance for startups and scaleups |
Initial Value: 1
|
6.90 |
2.23 |
Worst: Mozambique 2.23 Best: Finland 6.90
|
N/AValue: N/A
|
Ease of getting credit |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Domestic credit to private sector |
Initial Value: 1
|
263.59 |
8.44 |
Worst: Angola 8.44 Best: Hong Kong SAR 263.59
|
N/AValue: N/A
|
Microfinance institutions gross loan portfolio |
Initial Value: 0.5
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Loans from microfinance institutions, % GDP |
Initial Value: 1
|
31.68 |
0.00 |
Worst: Angola 0.00 Best: Cambodia 31.68
0% |
N/AValue: N/A
|
Investment
|
Ease of protecting minority investors |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Venture capital received, value, % GDP |
Initial Value: 1
|
0.02 |
0.00 |
Worst: Barbados 0.00 Best: Estonia 0.02
0% |
N/AValue: N/A
|
Market capitalization |
Initial Value: 1
|
1506.46 |
0.23 |
Worst: Algeria 0.23 Best: Hong Kong SAR 1506.46
|
N/AValue: N/A
|
Venture capital investors, deals |
Initial Value: 1
|
2.75 |
0.00 |
Worst: Myanmar 0.00 Best: Singapore 2.75
0% |
N/AValue: N/A
|
Venture capital recipients, deals |
Initial Value: 1
|
1.83 |
0.00 |
Worst: Russian Federation 0.00 Best: Singapore 1.83
0% |
N/AValue: N/A
|
Trade, competition, and market scale
|
Applied tariff rate, weighted average |
Initial Value: 0.5
|
12.70 |
0.00 |
Worst: Algeria 12.70 Best: Hong Kong SAR 0.00
100% |
N/AValue: N/A
|
Domestic industry diversification |
Initial Value: 1
|
0.55 |
0.06 |
Worst: Angola 0.55 Best: Portugal 0.06
112.24% |
N/AValue: N/A
|
Domestic market scale |
Initial Value: 1
|
32897.93 |
5.44 |
Worst: Barbados 5.44 Best: China 32897.93
|
N/AValue: N/A
|
Knowledge workers
|
Knowledge-intensive employment |
Initial Value: 1
|
64.14 |
2.75 |
Worst: Burundi 2.75 Best: Luxembourg 64.14
|
N/AValue: N/A
|
Firms offering formal training |
Initial Value: 1
|
73.70 |
3.90 |
Worst: Saudi Arabia 3.90 Best: Ecuador 73.70
|
N/AValue: N/A
|
GERD performed by business enterprise |
Initial Value: 1
|
5.55 |
0.00 |
Worst: Panama 0.00 Best: Israel 5.55
0% |
N/AValue: N/A
|
GERD financed by business enterprise |
Initial Value: 1
|
80.84 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Thailand 80.84
0% |
N/AValue: N/A
|
Females employed with advanced degrees |
Initial Value: 0.5
|
30.51 |
0.15 |
Worst: Tanzania 0.15 Best: Lithuania 30.51
|
N/AValue: N/A
|
Innovation linkage
|
University/industry research collaboration |
Initial Value: 0.5
|
5.75 |
2.25 |
Worst: Myanmar 2.25 Best: Switzerland 5.75
|
N/AValue: N/A
|
Public Research–Industry co-publications, % |
Initial Value: 1
|
9.05 |
0.13 |
Worst: Niger 0.13 Best: Japan 9.05
|
N/AValue: N/A
|
State of cluster development |
Initial Value: 1
|
5.31 |
2.69 |
Worst: Angola 2.69 Best: China 5.31
|
N/AValue: N/A
|
GERD financed by abroad |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Joint venture/strategic alliance deals |
Initial Value: 1
|
0.22 |
0.00 |
Worst: Iran, Islamic Rep. 0.00 Best: Canada 0.22
0% |
N/AValue: N/A
|
Patent families filed in two offices |
Initial Value: 1
|
58.12 |
0.00 |
Worst: Angola 0.00 Best: Barbados 58.12
0% |
N/AValue: N/A
|
Innovation linkage |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Knowledge absorption
|
Intellectual property payments |
Initial Value: 1
|
21.44 |
0.00 |
Worst: Armenia 0.00 Best: Ireland 21.44
0% |
N/AValue: N/A
|
High tech imports |
Initial Value: 1
|
58.30 |
0.25 |
Worst: Albania 0.25 Best: Hong Kong SAR 58.30
|
N/AValue: N/A
|
ICT services imports |
Initial Value: 0.5
|
18.27 |
0.01 |
Worst: Paraguay 0.01 Best: Cyprus 18.27
|
N/AValue: N/A
|
Foreign direct investment net inflows |
Initial Value: 0.5
|
38.37 |
-117.26 |
Worst: Luxembourg -117.26 Best: Hungary 38.37
75.35% |
N/AValue: N/A
|
Research talent in business enterprise |
Initial Value: 1
|
82.64 |
0.30 |
Worst: Mozambique 0.30 Best: Korea, Rep. 82.64
|
N/AValue: N/A
|
knowledge creation
|
Patent applications by origin |
Initial Value: 1
|
66.09 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: Korea, Rep. 66.09
0% |
N/AValue: N/A
|
PCT applications by origin |
Initial Value: 0.5
|
14.90 |
0.00 |
Worst: Angola 0.00 Best: Barbados 14.90
0% |
N/AValue: N/A
|
Utility models by origin |
Initial Value: 1
|
97.43 |
0.00 |
Worst: Benin 0.00 Best: China 97.43
0% |
N/AValue: N/A
|
Scientific and technical publications |
Initial Value: 1
|
46.86 |
0.64 |
Worst: Angola 0.64 Best: Iceland 46.86
|
N/AValue: N/A
|
Citable documents H index |
Initial Value: 1
|
3051.00 |
48.00 |
Worst: Cape Verde 48.00 Best: United States 3051.00
|
N/AValue: N/A
|
Knowledge Impact
|
Labor productivity growth |
Initial Value: 1
|
6.99 |
-5.54 |
Worst: Lebanon -5.54 Best: Georgia 6.99
44.21% |
N/AValue: N/A
|
New business density |
Initial Value: 0.5
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Unicorn valuation |
Initial Value: 1
|
22.25 |
0.00 |
Worst: Albania 0.00 Best: Estonia 22.25
0% |
N/AValue: N/A
|
Total computer software spending |
Initial Value: 1
|
0.99 |
0.00 |
Worst: Ethiopia 0.00 Best: United States 0.99
0% |
N/AValue: N/A
|
High-tech manufacturing |
Initial Value: 1
|
81.95 |
1.04 |
Worst: Madagascar 1.04 Best: Singapore 81.95
|
N/AValue: N/A
|
Knowledge diffusion
|
IP receipts |
Initial Value: 0.5
|
5.49 |
0.00 |
Worst: Angola 0.00 Best: Switzerland 5.49
0% |
N/AValue: N/A
|
High Tech exports |
Initial Value: 1
|
45.26 |
0.00 |
Worst: Cape Verde 0.00 Best: Malaysia 45.26
0% |
N/AValue: N/A
|
ICT services export |
Initial Value: 1
|
33.00 |
0.05 |
Worst: Brunei Darussalam 0.05 Best: Ireland 33.00
|
N/AValue: N/A
|
FDI outflows |
Initial Value: 0.5
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Production and export complexity |
Initial Value: 0.5
|
2.26 |
-1.71 |
Worst: Cameroon -1.71 Best: Japan 2.26
43.07% |
N/AValue: N/A
|
ISO 9001 quality/bn PPP$ GDP |
Initial Value: 1
|
35.24 |
0.10 |
Worst: Niger 0.10 Best: Belarus 35.24
|
N/AValue: N/A
|
Intangible Assets
|
Trademark application class count by origin |
Initial Value: 1
|
241.72 |
1.19 |
Worst: Niger 1.19 Best: China 241.72
|
N/AValue: N/A
|
Intangible asset intensity, top 15, % |
Initial Value: 1
|
89.89 |
-181.36 |
Worst: Montenegro -181.36 Best: United States 89.89
66.86% |
N/AValue: N/A
|
Industrial design by origin |
Initial Value: 0.5
|
25.74 |
0.00 |
Worst: Brunei Darussalam 0.00 Best: China 25.74
0% |
N/AValue: N/A
|
ICTs and business model creation |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
ICTs and organizational model creation |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Global brand value, top 5,000 |
Initial Value: 1
|
24.25 |
0.00 |
Worst: Albania 0.00 Best: Hong Kong SAR 24.25
0% |
N/AValue: N/A
|
Creative Goods
|
Cultural and creative services exports |
Initial Value: 0.5
|
19.21 |
0.00 |
Worst: Ethiopia 0.00 Best: Malta 19.21
0% |
N/AValue: N/A
|
National feature films produced |
Initial Value: 0.5
|
36.86 |
0.00 |
Worst: Azerbaijan 0.00 Best: Iceland 36.86
0% |
N/AValue: N/A
|
Entertainment and media market |
Initial Value: 0.5
|
3.49 |
0.02 |
Worst: Pakistan 0.02 Best: United States 3.49
|
N/AValue: N/A
|
Creative goods exports |
Initial Value: 1
|
12.09 |
0.00 |
Worst: Qatar 0.00 Best: Hong Kong SAR 12.09
0% |
N/AValue: N/A
|
Printing publications and other media output |
Initial Value: 0.5
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Online creativity
|
Generic TLD |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Top-level domains (TLDs)/th pop. 15–69 |
Initial Value: 1
|
2663.43 |
0.11 |
Worst: Ethiopia 0.11 Best: Montenegro 2663.43
0% |
N/AValue: N/A
|
Country code TLD |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
Wikipedia yearly edits |
Initial Value: 1
|
|
|
Worst: Best:
|
N/AValue: N/A
|
GitHub commits/mn pop. 15–69 |
Initial Value: 1
|
11029509.53 |
3245.98 |
Worst: Niger 3245.98 Best: Singapore 11029509.53
|
N/AValue: N/A
|
Mobile apps creation |
Initial Value: 1
|
90598013.84 |
0.04 |
Worst: Madagascar 0.04 Best: Cyprus 90598013.84
0% |
N/AValue: N/A
|