Kiribati vs Palau: Final consumption expenditure
Final consumption expenditure over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 846.70 million current LCU against 363.09 million current LCU in Palau, a difference of 483.61 million current LCU.
That makes Kiribati's figure about 2.3 times Palau's.
Across all 19 years both countries report, Kiribati has been ahead every year.
Globally, Kiribati ranks 185th and Palau ranks 186th of 187 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.