General government final consumption expenditure in Palau
Palau: General government final consumption expenditure was 2.3% in 2024. ◆ Volatile
General government final consumption expenditure in Palau, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Palau recorded 2.3% for general government final consumption expenditure in 2024.
The figure is up 103.9% on the previous year and up 348.6% over ten years.
Over the whole period, general government final consumption expenditure in Palau peaked at 10.5% in 2020 and was at its lowest, -5.9%, in 2021.
Palau ranks 87th of 173 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.
General government final consumption expenditure in Palau, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2006 | 5.2% | — |
| 2007 | -0.0% | -100.1% |
| 2008 | -0.0% | +358.8% |
| 2009 | 0.3% | -2149.1% |
| 2010 | -5.4% | -1715.2% |
| 2011 | -2.4% | -56.0% |
| 2012 | -2.2% | -8.9% |
| 2013 | 0.6% | -125.5% |
| 2014 | 0.5% | -5.9% |
| 2015 | -0.3% | -156.5% |
| 2016 | 4.0% | -1453.7% |
| 2017 | -0.5% | -112.5% |
| 2018 | 4.5% | -1008.9% |
| 2019 | 0.7% | -84.6% |
| 2020 | 10.5% | +1405.4% |
| 2021 | -5.9% | -156.6% |
| 2022 | -5.8% | -2.2% |
| 2023 | 1.1% | -119.7% |
| 2024 | 2.3% | +103.9% |
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 | 0.4% | -5.9% | 10.5% | 5 |
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)
- 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 general government final consumption expenditure in Palau?
- General government final consumption expenditure in Palau was 2.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Palau?
- The highest recorded value was 10.5% in 2020.
- What is the lowest general government final consumption expenditure recorded in Palau?
- The lowest recorded value was -5.9% in 2021.
- How does Palau rank for general government final consumption expenditure?
- Palau ranks 87th out of 173 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is up 348.6%. 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 General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.