Palau Inflation Rate 2002-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Palau inflation rate for 2023 was 12.80%, a 0.45% increase from 2022.
- Palau inflation rate for 2022 was 12.35%, a 9.74% increase from 2021.
- Palau inflation rate for 2021 was 2.61%, a 2.39% increase from 2020.
- Palau inflation rate for 2020 was 0.22%, a 0.05% decline from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Hungary | 17.13% |
| Palau | 12.80% |
| Poland | 11.53% |
| Czech Republic | 10.66% |
| Slovak Republic | 10.53% |
| Barbados | 9.79% |
| Estonia | 9.16% |
| Lithuania | 9.12% |
| Latvia | 8.94% |
| Iceland | 8.74% |
| Sweden | 8.55% |
| Croatia | 7.94% |
| Austria | 7.81% |
| Chile | 7.58% |
| Slovenia | 7.45% |
| United Kingdom | 6.79% |
| Ireland | 6.30% |
| Finland | 6.25% |
| Germany | 5.95% |
| Uruguay | 5.87% |
| New Zealand | 5.73% |
| Italy | 5.62% |
| Australia | 5.60% |
| Norway | 5.52% |
| Malta | 5.09% |
| Antigua and Barbuda | 5.07% |
| France | 4.88% |
| Singapore | 4.82% |
| Trinidad and Tobago | 4.63% |
| Portugal | 4.31% |
| Israel | 4.23% |
| United States | 4.12% |
| Belgium | 4.05% |
| Canada | 3.88% |
| Netherlands | 3.84% |
| Luxembourg | 3.74% |
| Kuwait | 3.64% |
| South Korea | 3.60% |
| St. Kitts and Nevis | 3.56% |
| Cyprus | 3.54% |
| Spain | 3.53% |
| Greece | 3.46% |
| Denmark | 3.31% |
| Japan | 3.27% |
| Bahamas | 3.05% |
| Qatar | 3.03% |
| Saudi Arabia | 2.33% |
| Switzerland | 2.14% |
| Hong Kong | 2.10% |
| Panama | 1.49% |
| Oman | 0.94% |
| Brunei | 0.36% |
| Bahrain | 0.07% |
| Seychelles | -1.04% |
| Palau Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 12.80% | 0.45% |
| 2022 | 12.35% | 9.74% |
| 2021 | 2.61% | 2.39% |
| 2020 | 0.22% | -0.05% |
| 2019 | 0.27% | -1.84% |
| 2018 | 2.11% | 0.69% |
| 2017 | 1.42% | 2.46% |
| 2016 | -1.04% | -1.99% |
| 2015 | 0.95% | -3.24% |
| 2014 | 4.19% | 0.84% |
| 2013 | 3.35% | -0.26% |
| 2012 | 3.61% | -1.06% |
| 2011 | 4.67% | 3.23% |
| 2010 | 1.44% | 0.00% |
| 2009 | 1.44% | -10.53% |
| 2008 | 11.97% | 8.73% |
| 2007 | 3.24% | -1.19% |
| 2006 | 4.43% | 0.48% |
| 2005 | 3.95% | -1.01% |
| 2004 | 4.96% | 4.04% |
| 2003 | 0.92% | 2.22% |
| 2002 | -1.30% | 2.22% |