Kiribati vs Palau: Final consumption expenditure
Final consumption expenditure over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 468.78 million constant 2015 US$ against 276.18 million constant 2015 US$ in Palau, a difference of 192.60 million constant 2015 US$.
That makes Kiribati's figure about 1.7 times Palau's.
The two have swapped places 1 time across 19 shared years of data; in 2006 it was Palau ahead.
Globally, Kiribati ranks 168th and Palau ranks 170th of 171 countries.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 2015. This indicator is expressed in United States dollars.