Palau Inflation Rate (2002-2024)

Population Economy Trade Health Education Development Labor Force Environment Crime Immigration Other

GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

Palau inflation rate for 2024 was 2.23%, a 10.59% decline from 2023.

Palau inflation rate for 2023 was 12.82%, a 0.47% 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.

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.