Final consumption expenditure (current LCU), per unit of GDP (LCU) in Palau
Palau: Final consumption expenditure (current LCU), per unit of GDP (LCU) was 1.13 current LCU per US$ of GDP in 2024. ▲ Rising
Final consumption expenditure (current LCU), per unit of GDP in Palau, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, final consumption expenditure (current lcu), per unit of gdp in Palau stood at 1.13 current LCU per US$ of GDP.
That represents a change of down 8.1% on the previous year and up 6.6% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Palau peaked at 1.3 current LCU per US$ of GDP in 2022 and was at its lowest, 0.9671 current LCU per US$ of GDP, in 2016.
That places Palau 143rd out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Final consumption expenditure (current LCU), per unit of GDP (LCU) in Palau, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.9786 current LCU per US$ of GDP | — |
| 2006 | 1.02 current LCU per US$ of GDP | +4.1% |
| 2007 | 1.02 current LCU per US$ of GDP | -0.1% |
| 2008 | 1.06 current LCU per US$ of GDP | +4.5% |
| 2009 | 1.12 current LCU per US$ of GDP | +5.3% |
| 2010 | 1.11 current LCU per US$ of GDP | -1.2% |
| 2011 | 1.09 current LCU per US$ of GDP | -1.2% |
| 2012 | 1.07 current LCU per US$ of GDP | -2.1% |
| 2013 | 1.08 current LCU per US$ of GDP | +0.6% |
| 2014 | 1.06 current LCU per US$ of GDP | -1.5% |
| 2015 | 0.9708 current LCU per US$ of GDP | -8.4% |
| 2016 | 0.9671 current LCU per US$ of GDP | -0.4% |
| 2017 | 1.02 current LCU per US$ of GDP | +6.0% |
| 2018 | 1.06 current LCU per US$ of GDP | +3.4% |
| 2019 | 1.07 current LCU per US$ of GDP | +1.2% |
| 2020 | 1.21 current LCU per US$ of GDP | +13.0% |
| 2021 | 1.28 current LCU per US$ of GDP | +5.5% |
| 2022 | 1.3 current LCU per US$ of GDP | +1.3% |
| 2023 | 1.23 current LCU per US$ of GDP | -5.2% |
| 2024 | 1.13 current LCU per US$ of GDP | -8.1% |
Palau compared with similar countries
- Palau's 1.13 current LCU per US$ of GDP is above the median for high income countries, which is 0.8641 current LCU per US$ of GDP, 1.3× the median. (67 countries reporting)
- Palau's 1.13 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.08 current LCU per US$ of GDP, 28% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.04 current LCU per US$ of GDP | 0.9786 current LCU per US$ of GDP | 1.12 current LCU per US$ of GDP | 5 |
| 2010s | 1.05 current LCU per US$ of GDP | 0.9671 current LCU per US$ of GDP | 1.11 current LCU per US$ of GDP | 10 |
| 2020s | 1.23 current LCU per US$ of GDP | 1.13 current LCU per US$ of GDP | 1.3 current LCU per US$ of GDP | 5 |
Countries ranked near Palau
- 140 Aruba 1.2 current LCU per US$ of GDP compare
- 141 Qatar 1.18 current LCU per US$ of GDP compare
- 142 Australia 1.16 current LCU per US$ of GDP compare
- 144 Canada 1.09 current LCU per US$ of GDP compare
- 145 Palestine 1.08 current LCU per US$ of GDP compare
- 146 United States Virgin Islands 1.03 current LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0177 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current lcu), per unit of gdp in Palau?
- Final consumption expenditure (current lcu), per unit of gdp in Palau was 1.13 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Palau?
- The highest recorded value was 1.3 current LCU per US$ of GDP in 2022.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.9671 current LCU per US$ of GDP in 2016.
- How does Palau rank for final consumption expenditure (current lcu), per unit of gdp?
- Palau ranks 143rd out of 188 countries with data for 2024.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Palau?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.