Household consumption — all countries

Household consumption — Palau

Household consumption in Palau in 2024 — 239,962,812 US$. Ranked 166 in the world out of 167. Since 2005, the indicator has risen by 93.6%.

2024 240M US$ +7.14% vs 2023
World rank 166of 167
Period maximum 240M US$2024
Period minimum 124M US$2005

Trend over time

2005–2024 · US$

Household consumption — Palau, 2005–2024100M150M200M250M200520072009201120132015201720192021202320242005: 123,921,700 US$2006: 130,542,900 US$2007: 134,969,800 US$2008: 142,978,300 US$2009: 136,591,700 US$2010: 135,061,100 US$2011: 143,741,100 US$2012: 159,544,600 US$2013: 169,660,800 US$2014: 182,771,600 US$2015: 194,928,000 US$2016: 207,198,100 US$2017: 209,879,300 US$2018: 212,484,000 US$2019: 207,095,700 US$2020: 205,102,300 US$2021: 196,158,130 US$2022: 216,086,580 US$2023: 223,967,834 US$2024: 239,962,812 US$
Change over the period: +116M (+93.64%) Average annual rate: 3.54 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Palau

Palau 240M US$
World 63.19T US$
East Asia & Pacific 14.61T US$
Upper-middle-income countries computed 14.57T US$
Household consumption — Palau, by year Palau All countries CSV XLSX
Year US$ Change Change, %
2024 240M +15.99M +7.14%
2023 224M +7.88M +3.65%
2022 216M +19.93M +10.16%
2021 196M −8.94M −4.36%
2020 205M −1.99M −0.96%
2019 207M −5.39M −2.54%
2018 212M +2.6M +1.24%
2017 210M +2.68M +1.29%
2016 207M +12.27M +6.29%
2015 195M +12.16M +6.65%
2014 183M +13.11M +7.73%
2013 170M +10.12M +6.34%
2012 160M +15.8M +10.99%
2011 144M +8.68M +6.43%
2010 135M −1.53M −1.12%
2009 137M −6.39M −4.47%
2008 143M +8.01M +5.93%
2007 135M +4.43M +3.39%
2006 131M +6.62M +5.34%
2005 124M

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

Source: World Development Indicators (World Bank), license CC BY 4.0.