Household consumption (% of GDP) in Palau in 2024 — 74.6%. Ranked 41 in the world out of 168. Since 2005, the indicator has risen by 7.9 pp.
2005–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Palau
| Year | % | Change, pp |
|---|---|---|
| 2024 | 74.6 | −6.5 pp |
| 2023 | 81.1 | −6.2 pp |
| 2022 | 87.3 | +4.2 pp |
| 2021 | 83.1 | +3.9 pp |
| 2020 | 79.2 | +5.7 pp |
| 2019 | 73.5 | −0.3 pp |
| 2018 | 73.7 | +1.3 pp |
| 2017 | 72.4 | +4.1 pp |
| 2016 | 68.3 | −0.5 pp |
| 2015 | 68.8 | −5.6 pp |
| 2014 | 74.5 | −0.5 pp |
| 2013 | 75 | +0.8 pp |
| 2012 | 74.2 | +0.6 pp |
| 2011 | 73.7 | +0.4 pp |
| 2010 | 73.3 | −0.9 pp |
| 2009 | 74.2 | +2.4 pp |
| 2008 | 71.8 | +3 pp |
| 2007 | 68.9 | +0.4 pp |
| 2006 | 68.4 | +1.7 pp |
| 2005 | 66.7 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
