Gross national expenditure (current US$), annual growth rate (current) in Palau
Palau: Gross national expenditure (current US$), annual growth rate (current) was 8.6 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (current US$), annual growth rate in Palau, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (current us$), annual growth rate in Palau is 8.6 % change on previous year, measured in 2024.
That represents a change of up 379.2% on the previous year and down 32.7% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in Palau peaked at 12.77 % change on previous year in 2014 and was at its lowest, -7.89 % change on previous year, in 2009.
That places Palau 97th out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate (current) in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 2.22 % change on previous year | — |
| 2007 | 0.1362 % change on previous year | -93.9% |
| 2008 | 2.35 % change on previous year | +1625.5% |
| 2009 | -7.89 % change on previous year | -435.7% |
| 2010 | -0.7345 % change on previous year | -90.7% |
| 2011 | 7.87 % change on previous year | -1172.0% |
| 2012 | 6.91 % change on previous year | -12.2% |
| 2013 | 2.88 % change on previous year | -58.4% |
| 2014 | 12.77 % change on previous year | +344.0% |
| 2015 | 5.45 % change on previous year | -57.3% |
| 2016 | 7.21 % change on previous year | +32.3% |
| 2017 | 2.94 % change on previous year | -59.3% |
| 2018 | -0.9828 % change on previous year | -133.5% |
| 2019 | 2.94 % change on previous year | -398.9% |
| 2020 | 5.81 % change on previous year | +98.0% |
| 2021 | -7.54 % change on previous year | -229.6% |
| 2022 | 9.96 % change on previous year | -232.1% |
| 2023 | 1.79 % change on previous year | -82.0% |
| 2024 | 8.6 % change on previous year | +379.2% |
Palau compared with similar countries
- Palau's 8.6 % change on previous year is above the median for high income countries, which is 7.92 % change on previous year, 1.1× the median. (66 countries reporting)
- Palau's 8.6 % change on previous year is above the median for East Asia & Pacific, which is 6.12 % change on previous year, 1.4× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current US$), annual growth rate (current) in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1625.5% | 0.1362 % change on previous year | 2.35 % change on previous year |
| 2011 | +1172.0% | -0.7345 % change on previous year | 7.87 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.7947 % change on previous year | -7.89 % change on previous year | 2.35 % change on previous year | 4 |
| 2010s | 4.73 % change on previous year | -0.9828 % change on previous year | 12.77 % change on previous year | 10 |
| 2020s | 3.73 % change on previous year | -7.54 % change on previous year | 9.96 % change on previous year | 5 |
Countries ranked near Palau
- 94 Palestine 8.95 % change on previous year compare
- 95 United Kingdom 8.86 % change on previous year compare
- 96 Guatemala 8.79 % change on previous year compare
- 98 Bahamas 8.52 % change on previous year compare
- 99 Vietnam 8.52 % change on previous year compare
- 100 El Salvador 8.48 % change on previous year compare
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ 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 (current us$), annual growth rate in Palau?
- Gross national expenditure (current us$), annual growth rate in Palau was 8.6 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in Palau?
- The highest recorded value was 12.77 % change on previous year in 2014.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -7.89 % change on previous year in 2009.
- How does Palau rank for gross national expenditure (current us$), annual growth rate?
- Palau ranks 97th out of 185 countries with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is down 32.7%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.