Development of inflation rates in Palau
The inflation rate for consumer prices in Palau moved over the past 18 years between -1.3% and 12.0%. For 2020, an inflation rate of 0.2% was calculated.During the observation period from 2002 to 2020, the average inflation rate was 2.8% per year. Overall, the price increase was 63.91 %. An item that cost 100 Dollar in 2002 was so charged 163.91 Dollar in the beginning of 2021.
› Inflation rates in global comparison
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Performance over the last 18 years compared to the US
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 2001:
Inflation calculator for Palau
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Dollar in 2002 corresponds to an amount of 1,639.11 Dollar at the beginning of 2021 due to inflation.Development of inflation rates for consumer goods in Palau
Historical inflation rates in comparison
| Year | Palau | Ø USA | Ø World |
|---|---|---|---|
| 2020 | 0.22 % | 1.23 % | 1.91 % |
| 2019 | 0.27 % | 1.81 % | 2.21 % |
| 2018 | 2.11 % | 2.44 % | 2.44 % |
| 2017 | 1.42 % | 2.13 % | 2.19 % |
| 2016 | -1.04 % | 1.26 % | 1.55 % |
| 2015 | 0.95 % | 0.12 % | 1.43 % |
| 2014 | 4.19 % | 1.62 % | 2.35 % |
| 2013 | 3.35 % | 1.46 % | 2.62 % |
| 2012 | 3.61 % | 2.07 % | 3.73 % |
| 2011 | 4.67 % | 3.16 % | 4.82 % |
| 2010 | 1.44 % | 1.64 % | 3.35 % |
| 2009 | 1.44 % | -0.36 % | 2.94 % |
| 2008 | 11.97 % | 3.84 % | 8.95 % |
| 2007 | 3.24 % | 2.85 % | 4.82 % |
| 2006 | 4.43 % | 3.23 % | 4.28 % |
| 2005 | 3.95 % | 3.39 % | 4.11 % |
| 2004 | 4.96 % | 2.68 % | 3.38 % |
| 2003 | 0.92 % | 2.27 % | 3.03 % |
| 2002 | -1.30 % | 1.59 % | 2.83 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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Country comparison Palau : United States