Nauru vs Palau: Goods and services expense

Nauru
76.28 million current LCU
in 2024
Palau
28.06 million current LCU
in 2020
Nauru rank
151st
Palau rank
154th

Goods and services expense over time

  • Nauru
  • Palau
20.0M40.0M60.0M80.0M200820162024

How they compare

Nauru currently reports 76.28 million current LCU against 28.06 million current LCU in Palau, a difference of 48.22 million current LCU.

That makes Nauru's figure about 2.7 times Palau's.

Across all 7 years both countries report, Nauru has been ahead every year.

Nauru ranks 151st and Palau ranks 154th of 155 countries.

Nauru has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nauru Palau Difference Ahead
2010s 62.64 million current LCU 25.68 million current LCU 36.96 million current LCU Nauru
2020s 68.60 million current LCU 28.06 million current LCU 40.54 million current LCU Nauru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods and services expense, Nauru or Palau?
Nauru, at 76.28 million current LCU against 28.06 million current LCU in Palau as of 2024.
What is the difference in goods and services expense between Nauru and Palau?
48.22 million current LCU, with Nauru ahead.
How many years of comparable data are there for Nauru and Palau?
7 years are reported by both, from 2014 to 2020.
How do Nauru and Palau rank globally for goods and services expense?
Nauru ranks 151st and Palau ranks 154th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.