Gross national expenditure in Palau
Palau: Gross national expenditure was 475.51 million current LCU in 2024. ▲ Rising
Gross national expenditure in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross national expenditure in Palau stood at 475.51 million current LCU. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.6% on the previous year and up 41.1% over ten years.
Over the whole period, gross national expenditure in Palau peaked at 475.51 million current LCU in 2024 and was at its lowest, 251.92 million current LCU, in 2010.
Palau ranks 184th of 185 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 | 266.06 million current LCU | 253.78 million current LCU | 275.51 million current LCU | 5 |
| 2010s | 336.72 million current LCU | 251.92 million current LCU | 399.82 million current LCU | 10 |
| 2020s | 431.55 million current LCU | 391.19 million current LCU | 475.51 million current LCU | 5 |
Countries ranked near Palau
- 181 Tonga 2.25 billion current LCU compare
- 182 San Marino 1.29 billion current LCU compare
- 183 Kiribati 1.00 billion current LCU compare
- 185 Marshall Islands 413.62 million current LCU compare
More economy & growth data for Palau
- Exports of goods and services 40.6% (2024)
- Gross national expenditure 475.51 million current US$ (2024)
- Gross national expenditure 361.81 million constant 2015 US$ (2024)
- Services, value added 234.96 million current LCU (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)
- Gross fixed capital formation 87.75 million constant 2015 US$ (2024)
- Gross fixed capital formation 115.22 million current LCU (2024)
Frequently asked questions
- What is gross national expenditure in Palau?
- Gross national expenditure in Palau was 475.51 million current 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 475.51 million current LCU in 2024.
- What is the lowest gross national expenditure recorded in Palau?
- The lowest recorded value was 251.92 million current LCU in 2010.
- How does Palau rank for gross national expenditure?
- Palau ranks 184th out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in Palau?
- Over the last ten years it is up 41.1%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.