Annual growth of the general government final consumption expenditure in Palau
Palau: Annual growth of the general government final consumption expenditure was 1.1% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Palau, 2006–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Palau is 1.1%, measured in 2023.
That represents a change of up 116.1% on the previous year and up 96.0% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Palau peaked at 10.5% in 2020 and was at its lowest, -6.7%, in 2022.
Palau ranks 115th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 5.2% | — |
| 2007 | -0.0% | -100.1% |
| 2008 | -0.0% | +358.1% |
| 2009 | 0.3% | -2142.1% |
| 2010 | -5.4% | -1714.9% |
| 2011 | -2.4% | -56.0% |
| 2012 | -2.2% | -8.9% |
| 2013 | 0.6% | -125.5% |
| 2014 | 0.5% | -5.8% |
| 2015 | -0.3% | -156.5% |
| 2016 | 4.0% | -1453.8% |
| 2017 | -0.5% | -112.5% |
| 2018 | 4.5% | -1008.8% |
| 2019 | 0.7% | -84.6% |
| 2020 | 10.5% | +1405.4% |
| 2021 | -5.0% | -147.7% |
| 2022 | -6.7% | +34.4% |
| 2023 | 1.1% | -116.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.4% | -0.0% | 5.2% | 4 |
| 2010s | -0.0% | -5.4% | 4.5% | 10 |
| 2020s | -0.0% | -6.7% | 10.5% | 4 |
Countries ranked near Palau
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)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (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)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Palau?
- Annual growth of the general government final consumption expenditure in Palau was 1.1% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Palau?
- The highest recorded value was 10.5% in 2020.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Palau?
- The lowest recorded value was -6.7% in 2022.
- How does Palau rank for annual growth of the general government final consumption expenditure?
- Palau ranks 115th out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is up 96.0%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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