General government final consumption expenditure (constant LCU) in Palau
Palau: General government final consumption expenditure (constant LCU) was 96.50 million constant LCU in 2024. ▬ Flat
General government final consumption expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Palau recorded 96.50 million constant LCU for general government final consumption expenditure in 2024.
That represents a change of up 2.3% on the previous year and up 10.0% over ten years.
Over the whole period, general government final consumption expenditure in Palau peaked at 105.25 million constant LCU in 2020 and was at its lowest, 86.79 million constant LCU, in 2012.
That places Palau 176th out of 176 countries with data for 2024, putting it in the bottom quarter.
General government final consumption expenditure (constant LCU) in Palau, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | 91.02 million constant LCU | — |
| 2006 | 95.74 million constant LCU | +5.2% |
| 2007 | 95.74 million constant LCU | -0.0% |
| 2008 | 95.72 million constant LCU | -0.0% |
| 2009 | 96.04 million constant LCU | +0.3% |
| 2010 | 90.86 million constant LCU | -5.4% |
| 2011 | 88.71 million constant LCU | -2.4% |
| 2012 | 86.79 million constant LCU | -2.2% |
| 2013 | 87.27 million constant LCU | +0.6% |
| 2014 | 87.72 million constant LCU | +0.5% |
| 2015 | 87.46 million constant LCU | -0.3% |
| 2016 | 90.94 million constant LCU | +4.0% |
| 2017 | 90.49 million constant LCU | -0.5% |
| 2018 | 94.58 million constant LCU | +4.5% |
| 2019 | 95.24 million constant LCU | +0.7% |
| 2020 | 105.25 million constant LCU | +10.5% |
| 2021 | 98.99 million constant LCU | -5.9% |
| 2022 | 93.24 million constant LCU | -5.8% |
| 2023 | 94.30 million constant LCU | +1.1% |
| 2024 | 96.50 million constant LCU | +2.3% |
Palau compared with similar countries
- Palau's 96.50 million constant LCU is below the median for high income countries, which is 74.22 billion constant LCU, 0% of the median. (61 countries reporting)
- Palau's 96.50 million constant LCU is below the median for East Asia & Pacific, which is 74.22 billion constant LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.85 million constant LCU | 91.02 million constant LCU | 96.04 million constant LCU | 5 |
| 2010s | 90.01 million constant LCU | 86.79 million constant LCU | 95.24 million constant LCU | 10 |
| 2020s | 97.66 million constant LCU | 93.24 million constant LCU | 105.25 million constant LCU | 5 |
Countries ranked near Palau
- 173 San Marino 200.42 million constant LCU compare
- 174 Kiribati 173.51 million constant LCU compare
- 175 Marshall Islands 117.85 million constant LCU 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (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)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Palau?
- General government final consumption expenditure in Palau was 96.50 million constant LCU 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 105.25 million constant LCU in 2020.
- What is the lowest general government final consumption expenditure recorded in Palau?
- The lowest recorded value was 86.79 million constant LCU in 2012.
- How does Palau rank for general government final consumption expenditure?
- Palau ranks 176th out of 176 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is flat.
- 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.