🇵🇼 Palau Final consumption expenditure
Palau Final consumption expenditure was $279.05M in 2023, down 4.3% from 2022, according to World Bank data. The 10-year average is $296.53M. Historical data available from 2005 to 2023 (19 data points). The all-time high was $315.09M in 2020.
Source: World Bank World Development Indicators • 2005–2023 • 19 data points • Economy & Growth
Latest Value
$279.05M
2023
Year-on-Year
-4.3%
vs 2022
10-Year Average
$296.53M
2014–2023
Range
High: $315.09M (2020)
Low: $259.31M (2011)
Palau Final consumption expenditure (constant LCU) — 2005 to 2023
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About this Indicator
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.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $279.05M |
| 2022 | $291.68M |
| 2021 | $300.03M |
| 2020 | $315.09M |
| 2019 | $302.34M |
| 2018 | $303.43M |
| 2017 | $301.79M |
| 2016 | $302.25M |
| 2015 | $287.79M |
| 2014 | $281.89M |
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<iframe src="https://nationstat.com/country/palau/final-consumption-expenditure-constant-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted savings: consumption of fixed capital (current US$)
22.9M
2021
Adjusted savings: carbon dioxide damage (current US$)
9.0M
2021
Agriculture, forestry, and fishing, value added (constant 2015 US$)
8.0M
2023
Adjusted savings: consumption of fixed capital (% of GNI)
10.3
2021
Adjusted savings: carbon dioxide damage (% of GNI)
4.1
2021