Palau consumer spending for 2022 was 198.78 million US dollars, a 0.59% decline from 2021.
Palau consumer spending for 2021 was 199.95 million US dollars, a 5.21% decline from 2020.
Palau consumer spending for 2020 was 210.95 million US dollars, a 1.08% increase from 2019.
Palau consumer spending for 2019 was 208.69 million US dollars, a 0.73% decline from 2018.
Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.