Final consumption expenditure (current US$), per unit of GDP (US unit) in Palau
Palau: Final consumption expenditure (current US$), per unit of GDP (US unit) was 1.13 current US$ per US$ of GDP in 2024. ▲ Rising
Final consumption expenditure (current US$), per unit of GDP in Palau, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (current us$), per unit of gdp in Palau is 1.13 current US$ per US$ of GDP, measured in 2024.
The figure is down 8.1% on the previous year and up 6.6% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Palau peaked at 1.3 current US$ per US$ of GDP in 2022 and was at its lowest, 0.9671 current US$ per US$ of GDP, in 2016.
Palau ranks 12th of 188 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Final consumption expenditure (current US$), per unit of GDP (US unit) in Palau, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.9786 current US$ per US$ of GDP | — |
| 2006 | 1.02 current US$ per US$ of GDP | +4.1% |
| 2007 | 1.02 current US$ per US$ of GDP | -0.1% |
| 2008 | 1.06 current US$ per US$ of GDP | +4.5% |
| 2009 | 1.12 current US$ per US$ of GDP | +5.3% |
| 2010 | 1.11 current US$ per US$ of GDP | -1.2% |
| 2011 | 1.09 current US$ per US$ of GDP | -1.2% |
| 2012 | 1.07 current US$ per US$ of GDP | -2.1% |
| 2013 | 1.08 current US$ per US$ of GDP | +0.6% |
| 2014 | 1.06 current US$ per US$ of GDP | -1.5% |
| 2015 | 0.9708 current US$ per US$ of GDP | -8.4% |
| 2016 | 0.9671 current US$ per US$ of GDP | -0.4% |
| 2017 | 1.02 current US$ per US$ of GDP | +6.0% |
| 2018 | 1.06 current US$ per US$ of GDP | +3.4% |
| 2019 | 1.07 current US$ per US$ of GDP | +1.2% |
| 2020 | 1.21 current US$ per US$ of GDP | +13.0% |
| 2021 | 1.28 current US$ per US$ of GDP | +5.5% |
| 2022 | 1.3 current US$ per US$ of GDP | +1.3% |
| 2023 | 1.23 current US$ per US$ of GDP | -5.2% |
| 2024 | 1.13 current US$ per US$ of GDP | -8.1% |
Palau compared with similar countries
- Palau's 1.13 current US$ per US$ of GDP is above the median for high income countries, which is 0.743 current US$ per US$ of GDP, 1.5× the median. (67 countries reporting)
- Palau's 1.13 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.7802 current US$ per US$ of GDP, 1.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.04 current US$ per US$ of GDP | 0.9786 current US$ per US$ of GDP | 1.12 current US$ per US$ of GDP | 5 |
| 2010s | 1.05 current US$ per US$ of GDP | 0.9671 current US$ per US$ of GDP | 1.11 current US$ per US$ of GDP | 10 |
| 2020s | 1.23 current US$ per US$ of GDP | 1.13 current US$ per US$ of GDP | 1.3 current US$ per US$ of GDP | 5 |
Countries ranked near Palau
- 9 Marshall Islands 1.24 current US$ per US$ of GDP compare
- 10 Tonga 1.2 current US$ per US$ of GDP compare
- 11 Syria 1.17 current US$ per US$ of GDP compare
- 13 Sao Tome and Principe 1.11 current US$ per US$ of GDP compare
- 14 Comoros 1.1 current US$ per US$ of GDP compare
- 15 Solomon Islands 1.08 current US$ per US$ of GDP compare
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- 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)
Frequently asked questions
- What is final consumption expenditure (current us$), per unit of gdp in Palau?
- Final consumption expenditure (current us$), per unit of gdp in Palau was 1.13 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Palau?
- The highest recorded value was 1.3 current US$ per US$ of GDP in 2022.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.9671 current US$ per US$ of GDP in 2016.
- How does Palau rank for final consumption expenditure (current us$), per unit of gdp?
- Palau ranks 12th out of 188 countries with data for 2024.
- Is final consumption expenditure (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.