Gross national expenditure (current LCU) in Palau
Palau: Gross national expenditure (current LCU) was 475.51 million current LCU in 2024. ▲ Rising
Gross national expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross national expenditure in Palau stood at 475.51 million current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 41.1% over ten years.
Over the whole period, gross national expenditure in Palau peaked at 475.51 million current LCU in 2024 and was at its lowest, 251.92 million current LCU, in 2010.
Palau ranks 185th of 186 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 (current LCU) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 262.98 million current LCU | — |
| 2006 | 268.82 million current LCU | +2.2% |
| 2007 | 269.19 million current LCU | +0.1% |
| 2008 | 275.51 million current LCU | +2.3% |
| 2009 | 253.78 million current LCU | -7.9% |
| 2010 | 251.92 million current LCU | -0.7% |
| 2011 | 271.75 million current LCU | +7.9% |
| 2012 | 290.53 million current LCU | +6.9% |
| 2013 | 298.89 million current LCU | +2.9% |
| 2014 | 337.07 million current LCU | +12.8% |
| 2015 | 355.44 million current LCU | +5.5% |
| 2016 | 381.07 million current LCU | +7.2% |
| 2017 | 392.27 million current LCU | +2.9% |
| 2018 | 388.41 million current LCU | -1.0% |
| 2019 | 399.82 million current LCU | +2.9% |
| 2020 | 423.07 million current LCU | +5.8% |
| 2021 | 391.19 million current LCU | -7.5% |
| 2022 | 430.13 million current LCU | +10.0% |
| 2023 | 437.85 million current LCU | +1.8% |
| 2024 | 475.51 million current LCU | +8.6% |
Palau compared with similar countries
- Palau's 475.51 million current LCU is below the median for high income countries, which is 501.74 billion current LCU, 0% of the median. (66 countries reporting)
- Palau's 475.51 million current LCU is below the median for East Asia & Pacific, which is 890.20 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 266.06 million current LCU | 253.78 million current LCU | 275.51 million current LCU | 5 |
| 2010s | 336.72 million current LCU | 251.92 million current LCU | 399.82 million current LCU | 10 |
| 2020s | 431.55 million current LCU | 391.19 million current LCU | 475.51 million current LCU | 5 |
Countries ranked near Palau
- 182 Tonga 2.25 billion current LCU compare
- 183 San Marino 1.29 billion current LCU compare
- 184 Kiribati 1.00 billion current LCU compare
- 186 Marshall Islands 413.62 million 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)
- 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 475.51 million current LCU 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 475.51 million current LCU in 2024.
- What is the lowest gross national expenditure recorded in Palau?
- The lowest recorded value was 251.92 million current LCU in 2010.
- How does Palau rank for gross national expenditure?
- Palau ranks 185th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Palau?
- Over the last ten years it is up 41.1%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.