Palau vs Somalia: Final consumption expenditure
Final consumption expenditure over time
- Palau
- Somalia
How they compare
Palau currently reports 3.7% against 3.6% in Somalia, a difference of 0.1%.
The two have swapped places 2 times across 11 shared years of data; in 2014 it was Somalia ahead.
Palau ranks 74th and Somalia ranks 77th of 175 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Palau | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.6% | 7.4% | 5.8% | Somalia |
| 2020s | -0.8% | 4.5% | 5.3% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Palau or Somalia?
- Palau, at 3.7% against 3.6% in Somalia as of 2024.
- What is the difference in final consumption expenditure between Palau and Somalia?
- 0.1%, with Palau ahead.
- How many years of comparable data are there for Palau and Somalia?
- 11 years are reported by both, from 2014 to 2024.
- How do Palau and Somalia rank globally for final consumption expenditure?
- Palau ranks 74th and Somalia ranks 77th of 175 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.