General government final consumption expenditure (current LCU) in Palau
Palau: General government final consumption expenditure (current LCU) was 123.13 million current LCU in 2024. ▲ Rising
General government final consumption expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Palau is 123.13 million current LCU, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 6.8% on the previous year and up 59.3% over ten years.
Over the whole period, general government final consumption expenditure in Palau peaked at 123.13 million current LCU in 2024 and was at its lowest, 57.76 million current LCU, in 2005.
That places Palau 186th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
General government final consumption expenditure (current LCU) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 57.76 million current LCU | — |
| 2006 | 63.73 million current LCU | +10.3% |
| 2007 | 64.43 million current LCU | +1.1% |
| 2008 | 68.57 million current LCU | +6.4% |
| 2009 | 69.46 million current LCU | +1.3% |
| 2010 | 68.74 million current LCU | -1.0% |
| 2011 | 69.40 million current LCU | +1.0% |
| 2012 | 70.35 million current LCU | +1.4% |
| 2013 | 73.71 million current LCU | +4.8% |
| 2014 | 77.28 million current LCU | +4.8% |
| 2015 | 80.03 million current LCU | +3.6% |
| 2016 | 86.16 million current LCU | +7.7% |
| 2017 | 87.33 million current LCU | +1.4% |
| 2018 | 92.93 million current LCU | +6.4% |
| 2019 | 95.24 million current LCU | +2.5% |
| 2020 | 108.79 million current LCU | +14.2% |
| 2021 | 105.59 million current LCU | -2.9% |
| 2022 | 104.61 million current LCU | -0.9% |
| 2023 | 115.28 million current LCU | +10.2% |
| 2024 | 123.13 million current LCU | +6.8% |
Palau compared with similar countries
- Palau's 123.13 million current LCU is below the median for high income countries, which is 90.99 billion current LCU, 0% of the median. (67 countries reporting)
- Palau's 123.13 million current LCU is below the median for East Asia & Pacific, which is 223.30 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.79 million current LCU | 57.76 million current LCU | 69.46 million current LCU | 5 |
| 2010s | 80.12 million current LCU | 68.74 million current LCU | 95.24 million current LCU | 10 |
| 2020s | 111.48 million current LCU | 104.61 million current LCU | 123.13 million current LCU | 5 |
Countries ranked near Palau
- 183 Kiribati 306.93 million current LCU compare
- 184 San Marino 265.28 million current LCU compare
- 185 Marshall Islands 155.42 million current LCU compare
- 187 Venezuela 0 current 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)
- 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 general government final consumption expenditure in Palau?
- General government final consumption expenditure in Palau was 123.13 million current 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 123.13 million current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Palau?
- The lowest recorded value was 57.76 million current LCU in 2005.
- How does Palau rank for general government final consumption expenditure?
- Palau ranks 186th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is up 59.3%. The long-run trend across the full record is rising.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.