Gross national expenditure in Palau
Palau: Gross national expenditure 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$, in 2010.
Palau ranks 185th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross national expenditure in Palau, year by year
| Year | current US$ | 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
- 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 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.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.