Marshall Islands vs Palau: Final consumption expenditure
Final consumption expenditure over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 276.18 million constant 2015 US$ against 270.51 million constant 2015 US$ in Marshall Islands, a difference of 5.67 million constant 2015 US$.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Palau ahead.
Marshall Islands ranks 171st and Palau ranks 170th of 171 countries.
Across the 3 decades both report, Marshall Islands averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Marshall Islands | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 242.51 million constant 2015 US$ | 264.36 million constant 2015 US$ | 21.85 million constant 2015 US$ | Palau |
| 2010s | 258.74 million constant 2015 US$ | 271.49 million constant 2015 US$ | 12.74 million constant 2015 US$ | Palau |
| 2020s | 289.37 million constant 2015 US$ | 281.60 million constant 2015 US$ | 7.78 million constant 2015 US$ | Marshall Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Marshall Islands or Palau?
- Palau, at 276.18 million constant 2015 US$ against 270.51 million constant 2015 US$ in Marshall Islands as of 2024.
- What is the difference in final consumption expenditure between Marshall Islands and Palau?
- 5.67 million constant 2015 US$, with Palau ahead.
- How many years of comparable data are there for Marshall Islands and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Marshall Islands and Palau rank globally for final consumption expenditure?
- Marshall Islands ranks 171st and Palau ranks 170th of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.