Marshall Islands vs Palau: Final consumption expenditure
Final consumption expenditure over time
- Marshall Islands
- Palau
How they compare
Palau currently reports 289.06 million constant LCU against 270.51 million constant LCU in Marshall Islands, a difference of 18.55 million constant LCU.
That makes Palau's figure about 1.1 times Marshall Islands's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Palau ahead.
Globally, Marshall Islands ranks 176th 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.