Colombia vs Palau: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Colombia
- Palau
How they compare
Colombia currently reports 12,308 constant 2021 international $ against 12,023 constant 2021 international $ in Palau, a difference of 285 constant 2021 international $.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was Palau ahead.
Colombia ranks 81st and Palau ranks 84th of 170 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7,538 constant 2021 international $ | 10,420 constant 2021 international $ | 2,882 constant 2021 international $ | Palau |
| 2010s | 9,480 constant 2021 international $ | 12,019 constant 2021 international $ | 2,539 constant 2021 international $ | Palau |
| 2020s | 11,307 constant 2021 international $ | 12,265 constant 2021 international $ | 957.7 constant 2021 international $ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Colombia or Palau?
- Colombia, at 12,308 constant 2021 international $ against 12,023 constant 2021 international $ in Palau as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Colombia and Palau?
- 285 constant 2021 international $, with Colombia ahead.
- How many years of comparable data are there for Colombia and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Colombia and Palau rank globally for households and npishs final consumption expenditure per capita, ppp?
- Colombia ranks 81st and Palau ranks 84th of 170 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.