Kiribati vs Palau: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 577.65 million current international $ against 241.54 million current international $ in Palau, a difference of 336.11 million current international $.
That makes Kiribati's figure about 2.4 times Palau's.
The two have swapped places 3 times across 19 shared years of data; in 2006 it was Palau ahead.
Kiribati ranks 180th and Palau ranks 181st of 182 countries.
Across the 3 decades both report, Kiribati averaged higher in 2 and Palau in 1.
Head to head by decade
| Decade | Kiribati | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 147.43 million current international $ | 161.82 million current international $ | 14.39 million current international $ | Palau |
| 2010s | 220.64 million current international $ | 196.63 million current international $ | 24.01 million current international $ | Kiribati |
| 2020s | 456.22 million current international $ | 229.39 million current international $ | 226.82 million current international $ | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Kiribati or Palau?
- Kiribati, at 577.65 million current international $ against 241.54 million current international $ in Palau as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between Kiribati and Palau?
- 336.11 million current international $, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Palau?
- 19 years are reported by both, from 2006 to 2024.
- How do Kiribati and Palau rank globally for households and npishs final consumption expenditure, ppp?
- Kiribati ranks 180th and Palau ranks 181st of 182 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.