Palau Inflation Rate 2002-2024

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 2022 was 12.35%, a 9.74% increase from 2021.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Palau Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 12.35% 9.74%
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%