Households and NPISHs Final consumption expenditure per capita, PPP in Palau
Palau: Households and NPISHs Final consumption expenditure per capita, PPP was 12,023 constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Palau, 2005–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
In 2024, households and npishs final consumption expenditure per capita, ppp in Palau stood at 12,023 constant 2021 international $.
Compared with earlier readings it is up 4.5% on the previous year and down 0.7% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Palau peaked at 13,118 constant 2021 international $ in 2016 and was at its lowest, 9,999 constant 2021 international $, in 2005.
Palau ranks 83rd of 169 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Palau, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2005 | 9,999 constant 2021 international $ | — |
| 2006 | 10,276 constant 2021 international $ | +2.8% |
| 2007 | 10,693 constant 2021 international $ | +4.1% |
| 2008 | 10,814 constant 2021 international $ | +1.1% |
| 2009 | 10,317 constant 2021 international $ | -4.6% |
| 2010 | 10,122 constant 2021 international $ | -1.9% |
| 2011 | 10,427 constant 2021 international $ | +3.0% |
| 2012 | 11,285 constant 2021 international $ | +8.2% |
| 2013 | 11,757 constant 2021 international $ | +4.2% |
| 2014 | 12,110 constant 2021 international $ | +3.0% |
| 2015 | 12,455 constant 2021 international $ | +2.9% |
| 2016 | 13,118 constant 2021 international $ | +5.3% |
| 2017 | 13,106 constant 2021 international $ | -0.1% |
| 2018 | 12,952 constant 2021 international $ | -1.2% |
| 2019 | 12,856 constant 2021 international $ | -0.7% |
| 2020 | 13,031 constant 2021 international $ | +1.4% |
| 2021 | 12,429 constant 2021 international $ | -4.6% |
| 2022 | 12,343 constant 2021 international $ | -0.7% |
| 2023 | 11,501 constant 2021 international $ | -6.8% |
| 2024 | 12,023 constant 2021 international $ | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10,420 constant 2021 international $ | 9,999 constant 2021 international $ | 10,814 constant 2021 international $ | 5 |
| 2010s | 12,019 constant 2021 international $ | 10,122 constant 2021 international $ | 13,118 constant 2021 international $ | 10 |
| 2020s | 12,265 constant 2021 international $ | 11,501 constant 2021 international $ | 13,031 constant 2021 international $ | 5 |
Countries ranked near Palau
- 80 Colombia 12,308 constant 2021 international $ compare
- 81 Thailand 12,257 constant 2021 international $ compare
- 82 Brazil 12,145 constant 2021 international $ compare
- 84 Lebanon 11,369 constant 2021 international $ compare
- 85 Guatemala 10,766 constant 2021 international $ compare
- 86 Paraguay 10,324 constant 2021 international $ 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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- 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)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Palau?
- Households and npishs final consumption expenditure per capita, ppp in Palau was 12,023 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Palau?
- The highest recorded value was 13,118 constant 2021 international $ in 2016.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Palau?
- The lowest recorded value was 9,999 constant 2021 international $ in 2005.
- How does Palau rank for households and npishs final consumption expenditure per capita, ppp?
- Palau ranks 83rd out of 169 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Palau?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.