Gross national expenditure (constant 2015 US$) in Palau
Palau: Gross national expenditure (constant 2015 US$) was 361.81 million constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Palau recorded 361.81 million constant 2015 US$ for gross national expenditure in 2024.
That represents a change of up 4.9% on the previous year and up 4.1% over ten years.
Over the whole period, gross national expenditure in Palau peaked at 406.99 million constant 2015 US$ in 2020 and was at its lowest, 301.62 million constant 2015 US$, in 2010.
Palau ranks 162nd of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross national expenditure (constant 2015 US$) in Palau, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2005 | 365.19 million constant 2015 US$ | — |
| 2006 | 357.11 million constant 2015 US$ | -2.2% |
| 2007 | 355.94 million constant 2015 US$ | -0.3% |
| 2008 | 342.75 million constant 2015 US$ | -3.7% |
| 2009 | 312.72 million constant 2015 US$ | -8.8% |
| 2010 | 301.62 million constant 2015 US$ | -3.6% |
| 2011 | 311.92 million constant 2015 US$ | +3.4% |
| 2012 | 320.55 million constant 2015 US$ | +2.8% |
| 2013 | 320.21 million constant 2015 US$ | -0.1% |
| 2014 | 347.42 million constant 2015 US$ | +8.5% |
| 2015 | 355.44 million constant 2015 US$ | +2.3% |
| 2016 | 375.25 million constant 2015 US$ | +5.6% |
| 2017 | 381.95 million constant 2015 US$ | +1.8% |
| 2018 | 370.54 million constant 2015 US$ | -3.0% |
| 2019 | 383.27 million constant 2015 US$ | +3.4% |
| 2020 | 406.99 million constant 2015 US$ | +6.2% |
| 2021 | 371.86 million constant 2015 US$ | -8.6% |
| 2022 | 373.17 million constant 2015 US$ | +0.4% |
| 2023 | 344.85 million constant 2015 US$ | -7.6% |
| 2024 | 361.81 million constant 2015 US$ | +4.9% |
Palau compared with similar countries
- Palau's 361.81 million constant 2015 US$ is below the median for high income countries, which is 222.30 billion constant 2015 US$, 0% of the median. (58 countries reporting)
- Palau's 361.81 million constant 2015 US$ is below the median for East Asia & Pacific, which is 24.21 billion constant 2015 US$, 1% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 346.74 million constant 2015 US$ | 312.72 million constant 2015 US$ | 365.19 million constant 2015 US$ | 5 |
| 2010s | 346.82 million constant 2015 US$ | 301.62 million constant 2015 US$ | 383.27 million constant 2015 US$ | 10 |
| 2020s | 371.73 million constant 2015 US$ | 344.85 million constant 2015 US$ | 406.99 million constant 2015 US$ | 5 |
Countries ranked near Palau
- 159 Tonga 793.07 million constant 2015 US$ compare
- 160 Kiribati 563.70 million constant 2015 US$ compare
- 161 Sao Tome and Principe 508.88 million constant 2015 US$ compare
- 163 Marshall Islands 326.93 million constant 2015 US$ 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 gross national expenditure in Palau?
- Gross national expenditure in Palau was 361.81 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Palau?
- The highest recorded value was 406.99 million constant 2015 US$ in 2020.
- What is the lowest gross national expenditure recorded in Palau?
- The lowest recorded value was 301.62 million constant 2015 US$ in 2010.
- How does Palau rank for gross national expenditure?
- Palau ranks 162nd out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Palau?
- Over the last ten years it is up 4.1%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 is 2015. This indicator is expressed in United States dollars.