Palau Inflation Rate 2002-2023
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 2021 was 2.61%, a 2.39% increase from 2020.
- Palau inflation rate for 2020 was 0.22%, a 0.05% decline from 2019.
- Palau inflation rate for 2019 was 0.27%, a 1.84% decline from 2018.
- Palau inflation rate for 2018 was 2.11%, a 0.69% increase from 2017.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Uruguay | 7.75% |
| Hungary | 5.11% |
| Poland | 5.06% |
| United States | 4.70% |
| Lithuania | 4.68% |
| Estonia | 4.65% |
| Chile | 4.52% |
| Iceland | 4.44% |
| New Zealand | 3.94% |
| Czech Republic | 3.84% |
| Norway | 3.48% |
| Kuwait | 3.42% |
| Canada | 3.40% |
| Latvia | 3.28% |
| Slovak Republic | 3.15% |
| Germany | 3.14% |
| Spain | 3.09% |
| Saudi Arabia | 3.06% |
| Bahamas | 2.90% |
| Australia | 2.86% |
| Austria | 2.77% |
| Netherlands | 2.68% |
| Palau | 2.61% |
| Croatia | 2.55% |
| Luxembourg | 2.53% |
| United Kingdom | 2.52% |
| South Korea | 2.50% |
| Cyprus | 2.45% |
| Belgium | 2.44% |
| Ireland | 2.36% |
| Singapore | 2.30% |
| Qatar | 2.30% |
| Finland | 2.19% |
| Sweden | 2.16% |
| Antigua and Barbuda | 2.06% |
| Trinidad and Tobago | 2.06% |
| Slovenia | 1.92% |
| Italy | 1.87% |
| Denmark | 1.85% |
| Brunei | 1.73% |
| France | 1.64% |
| Panama | 1.63% |
| Hong Kong | 1.57% |
| Oman | 1.55% |
| Malta | 1.50% |
| Israel | 1.49% |
| Portugal | 1.27% |
| Greece | 1.22% |
| St. Kitts and Nevis | 1.20% |
| Switzerland | 0.58% |
| Japan | -0.23% |
| Bahrain | -0.61% |
| Palau Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 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% |
