Kiribati vs Palau: Final consumption expenditure
Final consumption expenditure over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 640.76 million constant LCU against 289.06 million constant LCU in Palau, a difference of 351.70 million constant LCU.
That makes Kiribati's figure about 2.2 times Palau's.
Across all 19 years both countries report, Kiribati has been ahead every year.
Globally, Kiribati ranks 174th and Palau ranks 175th of 176 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 varies by country. This series is expressed in local currency units.