Gross national expenditure (current US$) in Palau
Palau: Gross national expenditure (current US$) was 475.51 million current US$ in 2024. ▲ Rising
Gross national expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Palau is 475.51 million current US$, measured in 2024. That is the highest value across all 20 years on record.
The figure 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 US$ in 2024 and was at its lowest, 251.92 million current US$, in 2010.
Palau ranks 185th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross national expenditure (current US$) in Palau, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 262.98 million current US$ | — |
| 2006 | 268.82 million current US$ | +2.2% |
| 2007 | 269.19 million current US$ | +0.1% |
| 2008 | 275.51 million current US$ | +2.3% |
| 2009 | 253.78 million current US$ | -7.9% |
| 2010 | 251.92 million current US$ | -0.7% |
| 2011 | 271.75 million current US$ | +7.9% |
| 2012 | 290.53 million current US$ | +6.9% |
| 2013 | 298.89 million current US$ | +2.9% |
| 2014 | 337.07 million current US$ | +12.8% |
| 2015 | 355.44 million current US$ | +5.5% |
| 2016 | 381.07 million current US$ | +7.2% |
| 2017 | 392.27 million current US$ | +2.9% |
| 2018 | 388.41 million current US$ | -1.0% |
| 2019 | 399.82 million current US$ | +2.9% |
| 2020 | 423.07 million current US$ | +5.8% |
| 2021 | 391.19 million current US$ | -7.5% |
| 2022 | 430.13 million current US$ | +10.0% |
| 2023 | 437.85 million current US$ | +1.8% |
| 2024 | 475.51 million current US$ | +8.6% |
Palau compared with similar countries
- Palau's 475.51 million current US$ is below the median for high income countries, which is 195.11 billion current US$, 0% of the median. (66 countries reporting)
- Palau's 475.51 million current US$ is below the median for East Asia & Pacific, which is 24.74 billion current US$, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 266.06 million current US$ | 253.78 million current US$ | 275.51 million current US$ | 5 |
| 2010s | 336.72 million current US$ | 251.92 million current US$ | 399.82 million current US$ | 10 |
| 2020s | 431.55 million current US$ | 391.19 million current US$ | 475.51 million current US$ | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Palau?
- Gross national expenditure in Palau was 475.51 million current 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 475.51 million current US$ in 2024.
- What is the lowest gross national expenditure recorded in Palau?
- The lowest recorded value was 251.92 million current US$ 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.