Discrepancy in expenditure estimate of GDP in Palau
Palau: Discrepancy in expenditure estimate of GDP was -24.08 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, discrepancy in expenditure estimate of gdp in Palau stood at -24.08 million current LCU. That is the lowest value across all 20 years on record.
That represents a change of down 114.0% on the previous year and down 355.3% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Palau peaked at 1.45 million current LCU in 2021 and was at its lowest, -24.08 million current LCU, in 2024.
Palau ranks 158th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | -14.19 million current LCU | — |
| 2006 | -9.50 million current LCU | -33.1% |
| 2007 | -13.75 million current LCU | +44.8% |
| 2008 | -8.47 million current LCU | -38.4% |
| 2009 | -16.08 million current LCU | +89.7% |
| 2010 | -11.63 million current LCU | -27.7% |
| 2011 | -11.35 million current LCU | -2.4% |
| 2012 | -5.91 million current LCU | -48.0% |
| 2013 | -388,272 current LCU | -93.4% |
| 2014 | -5.29 million current LCU | +1262.0% |
| 2015 | -12.95 million current LCU | +144.8% |
| 2016 | -9.95 million current LCU | -23.1% |
| 2017 | -11.24 million current LCU | +12.9% |
| 2018 | -7.31 million current LCU | -34.9% |
| 2019 | -8.32 million current LCU | +13.8% |
| 2020 | -14.42 million current LCU | +73.4% |
| 2021 | 1.45 million current LCU | -110.0% |
| 2022 | -2.56 million current LCU | -277.0% |
| 2023 | -11.25 million current LCU | +339.8% |
| 2024 | -24.08 million current LCU | +114.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -12.40 million current LCU | -16.08 million current LCU | -8.47 million current LCU | 5 |
| 2010s | -8.43 million current LCU | -12.95 million current LCU | -388,272 current LCU | 10 |
| 2020s | -10.17 million current LCU | -24.08 million current LCU | 1.45 million current LCU | 5 |
Countries ranked near Palau
- 155 Niger -1.16 million current LCU compare
- 156 Venezuela, Bolivarian Republic of -2.90 million current LCU compare
- 157 Marshall Islands -3.62 million current LCU compare
- 159 Tonga -36.20 million current LCU compare
- 160 Aruba -43.67 million current LCU compare
- 161 Bahamas -54.00 million current LCU compare
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Palau?
- Discrepancy in expenditure estimate of gdp in Palau was -24.08 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Palau?
- The highest recorded value was 1.45 million current LCU in 2021.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Palau?
- The lowest recorded value was -24.08 million current LCU in 2024.
- How does Palau rank for discrepancy in expenditure estimate of gdp?
- Palau ranks 158th out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Palau?
- Over the last ten years it is down 355.3%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.