Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Palau, Republic of
Palau, Republic of: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 0.1248 current LCU per US$ of GDP in 2024. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Palau, Republic of, 2000–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), per unit of gdp in Palau, Republic of is 0.1248 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 8.3% on the previous year and up 7.1% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Palau, Republic of peaked at 0.1362 current LCU per US$ of GDP in 2023 and was at its lowest, 0.0807 current LCU per US$ of GDP, in 2002.
Palau, Republic of ranks 144th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Palau, Republic of, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.0853 current LCU per US$ of GDP | — |
| 2001 | 0.0849 current LCU per US$ of GDP | -0.5% |
| 2002 | 0.0807 current LCU per US$ of GDP | -4.9% |
| 2003 | 0.0856 current LCU per US$ of GDP | +6.0% |
| 2004 | 0.0965 current LCU per US$ of GDP | +12.8% |
| 2005 | 0.1007 current LCU per US$ of GDP | +4.3% |
| 2006 | 0.0931 current LCU per US$ of GDP | -7.5% |
| 2007 | 0.0919 current LCU per US$ of GDP | -1.2% |
| 2008 | 0.0967 current LCU per US$ of GDP | +5.1% |
| 2009 | 0.0868 current LCU per US$ of GDP | -10.2% |
| 2010 | 0.0943 current LCU per US$ of GDP | +8.6% |
| 2011 | 0.1022 current LCU per US$ of GDP | +8.3% |
| 2012 | 0.1132 current LCU per US$ of GDP | +10.8% |
| 2013 | 0.1105 current LCU per US$ of GDP | -2.4% |
| 2014 | 0.1166 current LCU per US$ of GDP | +5.5% |
| 2015 | 0.1084 current LCU per US$ of GDP | -7.0% |
| 2016 | 0.1038 current LCU per US$ of GDP | -4.3% |
| 2017 | 0.117 current LCU per US$ of GDP | +12.7% |
| 2018 | 0.1093 current LCU per US$ of GDP | -6.6% |
| 2019 | 0.1036 current LCU per US$ of GDP | -5.2% |
| 2020 | 0.0911 current LCU per US$ of GDP | -12.0% |
| 2021 | 0.1002 current LCU per US$ of GDP | +10.0% |
| 2022 | 0.1035 current LCU per US$ of GDP | +3.3% |
| 2023 | 0.1362 current LCU per US$ of GDP | +31.6% |
| 2024 | 0.1248 current LCU per US$ of GDP | -8.3% |
Palau, Republic of compared with similar countries
- Palau, Republic of's 0.1248 current LCU per US$ of GDP is above the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 1.1× the median. (74 countries reporting)
- Palau, Republic of's 0.1248 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.2038 current LCU per US$ of GDP, 61% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0902 current LCU per US$ of GDP | 0.0807 current LCU per US$ of GDP | 0.1007 current LCU per US$ of GDP | 10 |
| 2010s | 0.1079 current LCU per US$ of GDP | 0.0943 current LCU per US$ of GDP | 0.117 current LCU per US$ of GDP | 10 |
| 2020s | 0.1112 current LCU per US$ of GDP | 0.0911 current LCU per US$ of GDP | 0.1362 current LCU per US$ of GDP | 5 |
Countries ranked near Palau, Republic of
- 141 Turkmenistan 0.1519 current LCU per US$ of GDP compare
- 142 Tunisia 0.1515 current LCU per US$ of GDP compare
- 143 New Zealand 0.1355 current LCU per US$ of GDP compare
- 145 Bahamas, The 0.1233 current LCU per US$ of GDP compare
- 146 El Salvador 0.1224 current LCU per US$ of GDP compare
- 147 Greece 0.1218 current LCU per US$ of GDP compare
More economy & growth data for Palau, Republic of
- 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 taxes less subsidies on products (current lcu), per unit of gdp in Palau, Republic of?
- Taxes less subsidies on products (current lcu), per unit of gdp in Palau, Republic of was 0.1248 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Palau, Republic of?
- The highest recorded value was 0.1362 current LCU per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Palau, Republic of?
- The lowest recorded value was 0.0807 current LCU per US$ of GDP in 2002.
- How does Palau, Republic of rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Palau, Republic of ranks 144th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Palau, Republic of?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is rising.
- Where does this Palau, Republic of data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.