Taxes less subsidies on products (current US$), annual growth rate in Palau
Palau: Taxes less subsidies on products (current US$), annual growth rate was 6.71 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Palau, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current us$), annual growth rate in Palau is 6.71 % change on previous year, measured in 2024.
That represents a change of down 85.7% on the previous year and down 53.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Palau peaked at 46.86 % change on previous year in 2023 and was at its lowest, -19.19 % change on previous year, in 2020.
Palau ranks 122nd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 6.05 % change on previous year | — |
| 2002 | -2.97 % change on previous year | -149.0% |
| 2003 | 0.7517 % change on previous year | -125.3% |
| 2004 | 21.37 % change on previous year | +2743.1% |
| 2005 | 16.39 % change on previous year | -23.3% |
| 2006 | -4.98 % change on previous year | -130.4% |
| 2007 | 1.5 % change on previous year | -130.1% |
| 2008 | 6.75 % change on previous year | +351.1% |
| 2009 | -16.92 % change on previous year | -350.8% |
| 2010 | 8.75 % change on previous year | -151.7% |
| 2011 | 14.74 % change on previous year | +68.5% |
| 2012 | 22.04 % change on previous year | +49.6% |
| 2013 | 2.76 % change on previous year | -87.5% |
| 2014 | 14.44 % change on previous year | +423.8% |
| 2015 | 7.31 % change on previous year | -49.4% |
| 2016 | 2.52 % change on previous year | -65.5% |
| 2017 | 7.77 % change on previous year | +207.8% |
| 2018 | -7.15 % change on previous year | -192.1% |
| 2019 | -7.29 % change on previous year | +1.9% |
| 2020 | -19.19 % change on previous year | +163.5% |
| 2021 | 0.1682 % change on previous year | -100.9% |
| 2022 | 8.32 % change on previous year | +4844.1% |
| 2023 | 46.86 % change on previous year | +463.5% |
| 2024 | 6.71 % change on previous year | -85.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.1 % change on previous year | -16.92 % change on previous year | 21.37 % change on previous year | 9 |
| 2010s | 6.59 % change on previous year | -7.29 % change on previous year | 22.04 % change on previous year | 10 |
| 2020s | 8.57 % change on previous year | -19.19 % change on previous year | 46.86 % change on previous year | 5 |
Countries ranked near Palau
- 119 North Macedonia 7.52 % change on previous year compare
- 120 Eritrea 7.43 % change on previous year compare
- 121 Guatemala 7.25 % change on previous year compare
- 123 Algeria 6.58 % change on previous year compare
- 124 Qatar 6.56 % change on previous year compare
- 125 Norway 6.46 % change on previous year compare
More economy & growth data for Palau
- 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Palau?
- Taxes less subsidies on products (current us$), annual growth rate in Palau was 6.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Palau?
- The highest recorded value was 46.86 % change on previous year in 2023.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -19.19 % change on previous year in 2020.
- How does Palau rank for taxes less subsidies on products (current us$), annual growth rate?
- Palau ranks 122nd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is down 53.5%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.