Annual inflation, consumer prices in Palau
Palau: Annual inflation, consumer prices was 2.2% in 2024. ◆ Volatile
Annual inflation, consumer prices in Palau, 2002–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual inflation, consumer prices in Palau stood at 2.2%.
That represents a change of down 82.6% on the previous year and down 46.8% over ten years.
Over the whole period, annual inflation, consumer prices in Palau peaked at 12.8% in 2023 and was at its lowest, -1.3%, in 2002.
Palau ranks 140th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2002 | -1.3% | — |
| 2003 | 0.9% | -170.9% |
| 2004 | 5.0% | +437.9% |
| 2005 | 4.0% | -20.4% |
| 2006 | 4.4% | +12.1% |
| 2007 | 3.2% | -26.9% |
| 2008 | 12.0% | +269.5% |
| 2009 | 1.4% | -88.0% |
| 2010 | 1.4% | +0.3% |
| 2011 | 4.7% | +224.1% |
| 2012 | 3.6% | -22.7% |
| 2013 | 3.4% | -7.2% |
| 2014 | 4.2% | +24.9% |
| 2015 | 0.9% | -77.4% |
| 2016 | -1.0% | -209.8% |
| 2017 | 1.4% | -236.0% |
| 2018 | 2.1% | +48.8% |
| 2019 | 0.3% | -87.3% |
| 2020 | 0.2% | -18.4% |
| 2021 | 2.6% | +1097.4% |
| 2022 | 12.4% | +372.8% |
| 2023 | 12.8% | +3.8% |
| 2024 | 2.2% | -82.6% |
Palau compared with similar countries
- Palau's 2.2% is below the median for high income countries, which is 2.4%, 94% of the median. (64 countries reporting)
- Palau's 2.2% is below the median for East Asia & Pacific, which is 2.4%, 92% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1097.4% | 0.2% | 2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -1.3% | 12.0% | 8 |
| 2010s | 2.1% | -1.0% | 4.7% | 10 |
| 2020s | 6.0% | 0.2% | 12.8% | 5 |
Countries ranked near Palau
- 137 Republic of Korea 2.3% compare
- 137 South Korea 2.3% compare
- 139 Germany 2.3% compare
- 141 Albania 2.2% compare
- 142 Azerbaijan 2.2% compare
- 143 Sint Maarten (Dutch part) 2.2% compare
More development goals data for Palau
- Red List Index 0.8296 index (2025)
- Number of refugees per 100,000 population, by country of origin 0 per 100,000 people (2025)
- Manufacturing value added per capita 180.35 constant US$ (2025)
- Number of transboundary breeds 12 (2025)
- Number of transboundary breeds (not extinct) 12 (2025)
- Number of transboundary breeds with unknown risk status 12 (2025)
- Infant deaths 4 (2024)
- Neonatal deaths 2 (2024)
- Under-five deaths 4 (2024)
- DEC alternative conversion factor 1 ratio (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Palau?
- Annual inflation, consumer prices in Palau was 2.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Palau?
- The highest recorded value was 12.8% in 2023.
- What is the lowest annual inflation, consumer prices recorded in Palau?
- The lowest recorded value was -1.3% in 2002.
- How does Palau rank for annual inflation, consumer prices?
- Palau ranks 140th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Palau?
- Over the last ten years it is down 46.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under UN SDG Global Database (open, attribution requested).