Households and NPISHs Final consumption expenditure, PPP in Palau
Palau: Households and NPISHs Final consumption expenditure, PPP was 241.54 million current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Palau, 2005–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Palau stood at 241.54 million current international $. That is the highest value across all 20 years on record.
The figure is up 7.9% on the previous year and up 25.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Palau peaked at 241.54 million current international $ in 2024 and was at its lowest, 152.57 million current international $, in 2010.
Palau ranks 180th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Palau, year by year
| Year | current international $ | Change |
|---|---|---|
| 2005 | 155.73 million current international $ | — |
| 2006 | 162.16 million current international $ | +4.1% |
| 2007 | 167.03 million current international $ | +3.0% |
| 2008 | 164.10 million current international $ | -1.8% |
| 2009 | 154.00 million current international $ | -6.2% |
| 2010 | 152.57 million current international $ | -0.9% |
| 2011 | 160.02 million current international $ | +4.9% |
| 2012 | 174.96 million current international $ | +9.3% |
| 2013 | 182.66 million current international $ | +4.4% |
| 2014 | 191.92 million current international $ | +5.1% |
| 2015 | 203.00 million current international $ | +5.8% |
| 2016 | 220.80 million current international $ | +8.8% |
| 2017 | 225.23 million current international $ | +2.0% |
| 2018 | 228.77 million current international $ | +1.6% |
| 2019 | 226.40 million current international $ | -1.0% |
| 2020 | 226.49 million current international $ | +0.0% |
| 2021 | 221.02 million current international $ | -2.4% |
| 2022 | 234.05 million current international $ | +5.9% |
| 2023 | 223.87 million current international $ | -4.3% |
| 2024 | 241.54 million current international $ | +7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 160.60 million current international $ | 154.00 million current international $ | 167.03 million current international $ | 5 |
| 2010s | 196.63 million current international $ | 152.57 million current international $ | 228.77 million current international $ | 10 |
| 2020s | 229.39 million current international $ | 221.02 million current international $ | 241.54 million current international $ | 5 |
Countries ranked near Palau
- 177 Northern Mariana Islands 764.81 million current international $ compare
- 178 American Samoa 666.34 million current international $ compare
- 179 Kiribati 577.65 million current international $ compare
- 181 Marshall Islands 179.92 million current 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, ppp in Palau?
- Households and npishs final consumption expenditure, ppp in Palau was 241.54 million current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Palau?
- The highest recorded value was 241.54 million current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Palau?
- The lowest recorded value was 152.57 million current international $ in 2010.
- How does Palau rank for households and npishs final consumption expenditure, ppp?
- Palau ranks 180th out of 181 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Palau?
- Over the last ten years it is up 25.9%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). 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
This indicator provides values for final consumption expenditure expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.