Proportion tariff lines applied to imports from ldcs in Palau
Palau: Proportion tariff lines applied to imports from ldcs was 55.88 in 2024. ▲ Rising
Proportion tariff lines applied to imports from ldcs in Palau, 2005–2024
Source: Our World in Data.
Analysis
The most recent figure for proportion tariff lines applied to imports from ldcs in Palau is 55.88, measured in 2024.
The figure is up 1.0% on the previous year and down 20.6% over ten years.
Over the whole period, proportion tariff lines applied to imports from ldcs in Palau peaked at 70.38 in 2015 and was at its lowest, 18.26, in 2010.
That places Palau 166th out of 230 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Proportion tariff lines applied to imports from ldcs in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 37.62 | — |
| 2010 | 18.26 | -51.5% |
| 2015 | 70.38 | +285.4% |
| 2016 | 31.33 | -55.5% |
| 2017 | 55.32 | +76.6% |
| 2018 | 56.25 | +1.7% |
| 2019 | 55.08 | -2.1% |
| 2020 | 45.98 | -16.5% |
| 2021 | 45.68 | -0.7% |
| 2022 | 65.15 | +42.6% |
| 2023 | 55.34 | -15.1% |
| 2024 | 55.88 | +1.0% |
Palau compared with similar countries
- Palau's 55.88 is below the median for high income countries, which is 64.9, 86% of the median. (80 countries reporting)
- Palau's 55.88 is below the median for East Asia & Pacific, which is 62.55, 89% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.62 | 37.62 | 37.62 | 1 |
| 2010s | 47.77 | 18.26 | 70.38 | 6 |
| 2020s | 53.61 | 45.68 | 65.15 | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is proportion tariff lines applied to imports from ldcs in Palau?
- Proportion tariff lines applied to imports from ldcs in Palau was 55.88 in 2024, according to Our World in Data.
- What is the highest proportion tariff lines applied to imports from ldcs recorded in Palau?
- The highest recorded value was 70.38 in 2015.
- What is the lowest proportion tariff lines applied to imports from ldcs recorded in Palau?
- The lowest recorded value was 18.26 in 2010.
- How does Palau rank for proportion tariff lines applied to imports from ldcs?
- Palau ranks 166th out of 230 countries with data for 2024.
- Is proportion tariff lines applied to imports from ldcs rising or falling in Palau?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Proportion tariff lines applied to imports from ldcs. Statizoid updates them automatically from the source API.
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