General government final consumption expenditure in Palau
Palau: General government final consumption expenditure was 88.30 million constant 2015 US$ in 2024. ▬ Flat
General government final consumption expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Palau recorded 88.30 million constant 2015 US$ for general government final consumption expenditure in 2024.
The figure is up 2.3% on the previous year and up 10.0% over ten years.
Over the whole period, general government final consumption expenditure in Palau peaked at 96.30 million constant 2015 US$ in 2020 and was at its lowest, 79.41 million constant 2015 US$, in 2012.
Palau ranks 166th of 167 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.79 million constant 2015 US$ | 83.29 million constant 2015 US$ | 87.88 million constant 2015 US$ | 5 |
| 2010s | 82.36 million constant 2015 US$ | 79.41 million constant 2015 US$ | 87.15 million constant 2015 US$ | 10 |
| 2020s | 89.36 million constant 2015 US$ | 85.31 million constant 2015 US$ | 96.30 million constant 2015 US$ | 5 |
Countries ranked near Palau
- 163 Tonga 133.62 million constant 2015 US$ compare
- 164 Kiribati 118.05 million constant 2015 US$ compare
- 165 Marshall Islands 117.85 million constant 2015 US$ compare
- 167 Sao Tome and Principe 33.81 million constant 2015 US$ compare
More economy & growth data for Palau
- Gross fixed capital formation 115.22 million current US$ (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Exports of goods and services 40.6% (2024)
- Services, value added 234.96 million current US$ (2024)
- Exports of goods and services 32.7% (2024)
- Gross fixed capital formation 35.8% (2024)
- Industry (including construction), value added 13.0% (2024)
Frequently asked questions
- What is general government final consumption expenditure in Palau?
- General government final consumption expenditure in Palau was 88.30 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Palau?
- The highest recorded value was 96.30 million constant 2015 US$ in 2020.
- What is the lowest general government final consumption expenditure recorded in Palau?
- The lowest recorded value was 79.41 million constant 2015 US$ in 2012.
- How does Palau rank for general government final consumption expenditure?
- Palau ranks 166th out of 167 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Palau?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.