Final consumption expenditure (current US$), annual growth rate in Palau
Palau: Final consumption expenditure (current US$), annual growth rate was 7.03 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Palau, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded 7.03 % change on previous year for final consumption expenditure (current us$), annual growth rate in 2024.
Compared with earlier readings it is up 21.4% on the previous year and up 2.5% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Palau peaked at 7.86 % change on previous year in 2012 and was at its lowest, -3.87 % change on previous year, in 2021.
That places Palau 115th out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 6.93 % change on previous year | — |
| 2007 | 2.64 % change on previous year | -61.9% |
| 2008 | 6.09 % change on previous year | +131.0% |
| 2009 | -2.6 % change on previous year | -142.7% |
| 2010 | -1.09 % change on previous year | -58.0% |
| 2011 | 4.59 % change on previous year | -520.3% |
| 2012 | 7.86 % change on previous year | +71.3% |
| 2013 | 5.86 % change on previous year | -25.4% |
| 2014 | 6.85 % change on previous year | +17.0% |
| 2015 | 5.73 % change on previous year | -16.4% |
| 2016 | 6.69 % change on previous year | +16.7% |
| 2017 | 1.31 % change on previous year | -80.4% |
| 2018 | 2.76 % change on previous year | +110.0% |
| 2019 | -1.01 % change on previous year | -136.4% |
| 2020 | 3.82 % change on previous year | -480.1% |
| 2021 | -3.87 % change on previous year | -201.2% |
| 2022 | 6.28 % change on previous year | -262.3% |
| 2023 | 5.79 % change on previous year | -7.8% |
| 2024 | 7.03 % change on previous year | +21.4% |
Palau compared with similar countries
- Palau's 7.03 % change on previous year is below the median for high income countries, which is 8.19 % change on previous year, 86% of the median. (67 countries reporting)
- Palau's 7.03 % change on previous year is above the median for East Asia & Pacific, which is 5.19 % change on previous year, 1.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.27 % change on previous year | -2.6 % change on previous year | 6.93 % change on previous year | 4 |
| 2010s | 3.96 % change on previous year | -1.09 % change on previous year | 7.86 % change on previous year | 10 |
| 2020s | 3.81 % change on previous year | -3.87 % change on previous year | 7.03 % change on previous year | 5 |
Countries ranked near Palau
- 112 Rwanda 7.42 % change on previous year compare
- 113 Palestine 7.39 % change on previous year compare
- 114 Italy 7.29 % change on previous year compare
- 116 Singapore 6.97 % change on previous year compare
- 117 Nicaragua 6.89 % change on previous year compare
- 118 Cuba 6.87 % change on previous year 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 us$), annual growth rate in Palau?
- Final consumption expenditure (current us$), annual growth rate in Palau was 7.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Palau?
- The highest recorded value was 7.86 % change on previous year in 2012.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -3.87 % change on previous year in 2021.
- How does Palau rank for final consumption expenditure (current us$), annual growth rate?
- Palau ranks 115th out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.