Gross national expenditure (constant LCU), per unit of GDP in Palau
Palau: Gross national expenditure (constant LCU), per unit of GDP was 1.17 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Palau, 2005–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (constant lcu), per unit of gdp in Palau is 1.17 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 9.9% on the previous year and down 20.5% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Palau peaked at 2.05 constant LCU per US$ of GDP in 2005 and was at its lowest, 1.17 constant LCU per US$ of GDP, in 2024.
Palau ranks 121st of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Palau, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 2.05 constant LCU per US$ of GDP | — |
| 2006 | 1.95 constant LCU per US$ of GDP | -4.8% |
| 2007 | 1.89 constant LCU per US$ of GDP | -3.0% |
| 2008 | 1.8 constant LCU per US$ of GDP | -5.1% |
| 2009 | 1.77 constant LCU per US$ of GDP | -1.3% |
| 2010 | 1.71 constant LCU per US$ of GDP | -3.7% |
| 2011 | 1.67 constant LCU per US$ of GDP | -2.4% |
| 2012 | 1.56 constant LCU per US$ of GDP | -6.7% |
| 2013 | 1.48 constant LCU per US$ of GDP | -5.1% |
| 2014 | 1.48 constant LCU per US$ of GDP | -0.0% |
| 2015 | 1.31 constant LCU per US$ of GDP | -11.3% |
| 2016 | 1.29 constant LCU per US$ of GDP | -1.4% |
| 2017 | 1.37 constant LCU per US$ of GDP | +6.4% |
| 2018 | 1.34 constant LCU per US$ of GDP | -2.4% |
| 2019 | 1.42 constant LCU per US$ of GDP | +5.7% |
| 2020 | 1.64 constant LCU per US$ of GDP | +15.6% |
| 2021 | 1.64 constant LCU per US$ of GDP | +0.3% |
| 2022 | 1.57 constant LCU per US$ of GDP | -4.4% |
| 2023 | 1.3 constant LCU per US$ of GDP | -17.2% |
| 2024 | 1.17 constant LCU per US$ of GDP | -9.9% |
Palau compared with similar countries
- Palau's 1.17 constant LCU per US$ of GDP is above the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 1.5× the median. (58 countries reporting)
- Palau's 1.17 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.38 constant LCU per US$ of GDP, 27% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.89 constant LCU per US$ of GDP | 1.77 constant LCU per US$ of GDP | 2.05 constant LCU per US$ of GDP | 5 |
| 2010s | 1.46 constant LCU per US$ of GDP | 1.29 constant LCU per US$ of GDP | 1.71 constant LCU per US$ of GDP | 10 |
| 2020s | 1.47 constant LCU per US$ of GDP | 1.17 constant LCU per US$ of GDP | 1.64 constant LCU per US$ of GDP | 5 |
Countries ranked near Palau
- 118 East Timor 1.48 constant LCU per US$ of GDP compare
- 119 New Zealand 1.37 constant LCU per US$ of GDP compare
- 120 Libya 1.34 constant LCU per US$ of GDP compare
- 122 Canada 1.16 constant LCU per US$ of GDP compare
- 123 Argentina 1.16 constant LCU per US$ of GDP compare
- 124 Marshall Islands 1.15 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 gross national expenditure (constant lcu), per unit of gdp in Palau?
- Gross national expenditure (constant lcu), per unit of gdp in Palau was 1.17 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Palau?
- The highest recorded value was 2.05 constant LCU per US$ of GDP in 2005.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Palau?
- The lowest recorded value was 1.17 constant LCU per US$ of GDP in 2024.
- How does Palau rank for gross national expenditure (constant lcu), per unit of gdp?
- Palau ranks 121st out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
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 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.