Gross national expenditure in Palau
Palau: Gross national expenditure was 377.48 million constant LCU in 2024. ▲ Rising
Gross national expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross national expenditure in Palau is 377.48 million constant LCU, measured in 2024.
That represents a change of up 4.9% on the previous year and up 4.1% over ten years.
Over the whole period, gross national expenditure in Palau peaked at 424.48 million constant LCU in 2020 and was at its lowest, 314.93 million constant LCU, in 2010.
Palau ranks 167th of 168 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 361.75 million constant LCU | 326.55 million constant LCU | 380.72 million constant LCU | 5 |
| 2010s | 361.93 million constant LCU | 314.93 million constant LCU | 399.82 million constant LCU | 10 |
| 2020s | 387.80 million constant LCU | 359.83 million constant LCU | 424.48 million constant LCU | 5 |
Countries ranked near Palau
- 164 Tonga 1.63 billion constant LCU compare
- 165 San Marino 977.32 million constant LCU compare
- 166 Kiribati 768.13 million constant LCU compare
- 168 Marshall Islands 326.93 million constant LCU compare
More economy & growth data for Palau
- Gross fixed capital formation 115.22 million current LCU (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 LCU (2024)
- Exports of goods and services 32.7% (2024)
- Gross fixed capital formation 115.22 million current US$ (2024)
- Changes in inventories -2.80 million current US$ (2024)
- Gross fixed capital formation 35.8% (2024)
Frequently asked questions
- What is gross national expenditure in Palau?
- Gross national expenditure in Palau was 377.48 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Palau?
- The highest recorded value was 424.48 million constant LCU in 2020.
- What is the lowest gross national expenditure recorded in Palau?
- The lowest recorded value was 314.93 million constant LCU in 2010.
- How does Palau rank for gross national expenditure?
- Palau ranks 167th out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in Palau?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- 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 Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 varies by country. This series is expressed in local currency units.