Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Palau
Palau: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 1.13 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Palau, 2005–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross national expenditure (constant 2015 us$), per unit of gdp in Palau stood at 1.13 constant 2015 US$ per US$ of GDP. That is the lowest value across all 20 years on record.
The figure is down 9.9% on the previous year and down 20.5% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Palau peaked at 1.97 constant 2015 US$ per US$ of GDP in 2005 and was at its lowest, 1.13 constant 2015 US$ per US$ of GDP, in 2024.
Palau ranks 20th of 163 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Palau, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 1.97 constant 2015 US$ per US$ of GDP | — |
| 2006 | 1.87 constant 2015 US$ per US$ of GDP | -4.8% |
| 2007 | 1.82 constant 2015 US$ per US$ of GDP | -3.0% |
| 2008 | 1.72 constant 2015 US$ per US$ of GDP | -5.2% |
| 2009 | 1.7 constant 2015 US$ per US$ of GDP | -1.3% |
| 2010 | 1.64 constant 2015 US$ per US$ of GDP | -3.7% |
| 2011 | 1.6 constant 2015 US$ per US$ of GDP | -2.3% |
| 2012 | 1.49 constant 2015 US$ per US$ of GDP | -6.7% |
| 2013 | 1.42 constant 2015 US$ per US$ of GDP | -5.1% |
| 2014 | 1.42 constant 2015 US$ per US$ of GDP | +0.0% |
| 2015 | 1.25 constant 2015 US$ per US$ of GDP | -11.3% |
| 2016 | 1.24 constant 2015 US$ per US$ of GDP | -1.4% |
| 2017 | 1.32 constant 2015 US$ per US$ of GDP | +6.5% |
| 2018 | 1.29 constant 2015 US$ per US$ of GDP | -2.4% |
| 2019 | 1.36 constant 2015 US$ per US$ of GDP | +5.7% |
| 2020 | 1.57 constant 2015 US$ per US$ of GDP | +15.6% |
| 2021 | 1.58 constant 2015 US$ per US$ of GDP | +0.3% |
| 2022 | 1.51 constant 2015 US$ per US$ of GDP | -4.3% |
| 2023 | 1.25 constant 2015 US$ per US$ of GDP | -17.2% |
| 2024 | 1.13 constant 2015 US$ per US$ of GDP | -9.9% |
Palau compared with similar countries
- Palau's 1.13 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 1.5× the median. (58 countries reporting)
- Palau's 1.13 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.9769 constant 2015 US$ per US$ of GDP, 1.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.82 constant 2015 US$ per US$ of GDP | 1.7 constant 2015 US$ per US$ of GDP | 1.97 constant 2015 US$ per US$ of GDP | 5 |
| 2010s | 1.4 constant 2015 US$ per US$ of GDP | 1.24 constant 2015 US$ per US$ of GDP | 1.64 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 1.41 constant 2015 US$ per US$ of GDP | 1.13 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Palau
- 17 Namibia 1.15 constant 2015 US$ per US$ of GDP compare
- 18 Marshall Islands 1.15 constant 2015 US$ per US$ of GDP compare
- 19 Mozambique 1.14 constant 2015 US$ per US$ of GDP compare
- 21 Japan 1.12 constant 2015 US$ per US$ of GDP compare
- 22 Laos 1.12 constant 2015 US$ per US$ of GDP compare
- 23 Mauritania 1.09 constant 2015 US$ 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)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- 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)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per unit of gdp in Palau?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Palau was 1.13 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Palau?
- The highest recorded value was 1.97 constant 2015 US$ per US$ of GDP in 2005.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 1.13 constant 2015 US$ per US$ of GDP in 2024.
- How does Palau rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Palau ranks 20th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 20.5%. 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 Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.