Annual growth of general government final consumption expenditure in Palau
Palau: Annual growth of general government final consumption expenditure was -0.64 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Palau, 2006–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Palau stood at -0.64.
That represents a change of up 86.8% on the previous year and down 113.4% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Palau peaked at 10.5 in 2020 and was at its lowest, -5.89, in 2021.
Palau ranks 131st of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 10.34 | — |
| 2007 | 1.09 | -89.5% |
| 2008 | 6.42 | +489.0% |
| 2009 | 1.3 | -79.8% |
| 2010 | -1.03 | -179.2% |
| 2011 | 0.97 | -194.2% |
| 2012 | 1.36 | +40.2% |
| 2013 | 4.77 | +250.7% |
| 2014 | 4.84 | +1.5% |
| 2015 | 3.57 | -26.2% |
| 2016 | 7.62 | +113.4% |
| 2017 | 1.37 | -82.0% |
| 2018 | 4.53 | +230.7% |
| 2019 | 0.63 | -86.1% |
| 2020 | 10.5 | +1566.7% |
| 2021 | -5.89 | -156.1% |
| 2022 | -4.85 | -17.7% |
| 2023 | -0.64 | -86.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.79 | 1.09 | 10.34 | 4 |
| 2010s | 2.86 | -1.03 | 7.62 | 10 |
| 2020s | -0.22 | -5.89 | 10.5 | 4 |
Countries ranked near Palau
- 128 Lao People's Democratic Republic -0.35 compare
- 129 Austria -0.44 compare
- 130 Switzerland -0.46 compare
- 131 Slovakia -0.64 compare
- 133 Tajikistan -0.7 compare
- 134 Papua New Guinea -0.81
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Palau?
- Annual growth of general government final consumption expenditure in Palau was -0.64 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Palau?
- The highest recorded value was 10.5 in 2020.
- What is the lowest annual growth of general government final consumption expenditure recorded in Palau?
- The lowest recorded value was -5.89 in 2021.
- How does Palau rank for annual growth of general government final consumption expenditure?
- Palau ranks 131st out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is down 113.4%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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