General government final consumption expenditure (constant LCU), per in Palau
Palau: General government final consumption expenditure (constant LCU), per was 0.3002 constant LCU per US$ of GDP in 2024. ▼ Falling
General government final consumption expenditure (constant LCU), per in Palau, 2005–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, general government final consumption expenditure (constant lcu), per in Palau stood at 0.3002 constant LCU per US$ of GDP.
Compared with earlier readings it is down 12.1% on the previous year and down 16.0% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Palau peaked at 0.5218 constant LCU per US$ of GDP in 2009 and was at its lowest, 0.2998 constant LCU per US$ of GDP, in 2016.
That places Palau 120th out of 176 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
General government final consumption expenditure (constant LCU), per in Palau, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.4903 constant LCU per US$ of GDP | — |
| 2006 | 0.5019 constant LCU per US$ of GDP | +2.4% |
| 2007 | 0.4884 constant LCU per US$ of GDP | -2.7% |
| 2008 | 0.4809 constant LCU per US$ of GDP | -1.5% |
| 2009 | 0.5218 constant LCU per US$ of GDP | +8.5% |
| 2010 | 0.493 constant LCU per US$ of GDP | -5.5% |
| 2011 | 0.4545 constant LCU per US$ of GDP | -7.8% |
| 2012 | 0.4038 constant LCU per US$ of GDP | -11.2% |
| 2013 | 0.3857 constant LCU per US$ of GDP | -4.5% |
| 2014 | 0.3574 constant LCU per US$ of GDP | -7.3% |
| 2015 | 0.3088 constant LCU per US$ of GDP | -13.6% |
| 2016 | 0.2998 constant LCU per US$ of GDP | -2.9% |
| 2017 | 0.3121 constant LCU per US$ of GDP | +4.1% |
| 2018 | 0.3282 constant LCU per US$ of GDP | +5.2% |
| 2019 | 0.3378 constant LCU per US$ of GDP | +2.9% |
| 2020 | 0.4064 constant LCU per US$ of GDP | +20.3% |
| 2021 | 0.4196 constant LCU per US$ of GDP | +3.2% |
| 2022 | 0.3768 constant LCU per US$ of GDP | -10.2% |
| 2023 | 0.3415 constant LCU per US$ of GDP | -9.4% |
| 2024 | 0.3002 constant LCU per US$ of GDP | -12.1% |
Palau compared with similar countries
- Palau's 0.3002 constant LCU per US$ of GDP is above the median for high income countries, which is 0.1761 constant LCU per US$ of GDP, 1.7× the median. (61 countries reporting)
- Palau's 0.3002 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.9499 constant LCU per US$ of GDP, 32% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4967 constant LCU per US$ of GDP | 0.4809 constant LCU per US$ of GDP | 0.5218 constant LCU per US$ of GDP | 5 |
| 2010s | 0.3681 constant LCU per US$ of GDP | 0.2998 constant LCU per US$ of GDP | 0.493 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3689 constant LCU per US$ of GDP | 0.3002 constant LCU per US$ of GDP | 0.4196 constant LCU per US$ of GDP | 5 |
Countries ranked near Palau
- 117 Samoa 0.3103 constant LCU per US$ of GDP compare
- 118 Tunisia 0.309 constant LCU per US$ of GDP compare
- 119 Georgia 0.3066 constant LCU per US$ of GDP compare
- 121 Brunei 0.2905 constant LCU per US$ of GDP compare
- 122 New Zealand 0.2838 constant LCU per US$ of GDP compare
- 123 Canada 0.257 constant 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)
- 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 (constant lcu), per in Palau?
- General government final consumption expenditure (constant lcu), per in Palau was 0.3002 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Palau?
- The highest recorded value was 0.5218 constant LCU per US$ of GDP in 2009.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Palau?
- The lowest recorded value was 0.2998 constant LCU per US$ of GDP in 2016.
- How does Palau rank for general government final consumption expenditure (constant lcu), per?
- Palau ranks 120th out of 176 countries with data for 2024.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Palau?
- Over the last ten years it is down 16.0%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government 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
General government final consumption expenditure (constant 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.