Taxes on goods and services gdp in Palau
Palau: Taxes on goods and services gdp was 6.98 in 2020. ▲ Rising
Latest (2020)
6.98
Change on year
down 22.0%
World rank
101st
of 186 countries
All-time high
10.88
in 2018
All-time low
6.82
in 2010
Years of data
13
2008–2020
Taxes on goods and services gdp in Palau, 2008–2020
Source: Our World in Data.
Analysis
Palau recorded 6.98 for taxes on goods and services gdp in 2020.
The figure is down 22.0% on the previous year and up 2.4% over ten years.
Over the whole period, taxes on goods and services gdp in Palau peaked at 10.88 in 2018 and was at its lowest, 6.82, in 2010.
That places Palau 101st out of 186 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Taxes on goods and services gdp in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 6.95 | — |
| 2009 | 6.84 | -1.6% |
| 2010 | 6.82 | -0.3% |
| 2011 | 7.85 | +15.2% |
| 2012 | 7.72 | -1.7% |
| 2013 | 7.8 | +0.9% |
| 2014 | 7.99 | +2.5% |
| 2015 | 7.94 | -0.7% |
| 2016 | 10.52 | +32.6% |
| 2017 | 9.93 | -5.6% |
| 2018 | 10.88 | +9.5% |
| 2019 | 8.95 | -17.7% |
| 2020 | 6.98 | -22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.9 | 6.84 | 6.95 | 2 |
| 2010s | 8.64 | 6.82 | 10.88 | 10 |
| 2020s | 6.98 | 6.98 | 6.98 | 1 |
Countries ranked near Palau
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)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (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)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,268 current LCU per person (2024)
Frequently asked questions
- What is taxes on goods and services gdp in Palau?
- Taxes on goods and services gdp in Palau was 6.98 in 2020, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Palau?
- The highest recorded value was 10.88 in 2018.
- What is the lowest taxes on goods and services gdp recorded in Palau?
- The lowest recorded value was 6.82 in 2010.
- How does Palau rank for taxes on goods and services gdp?
- Palau ranks 101st out of 186 countries with data for 2020.
- Is taxes on goods and services gdp rising or falling in Palau?
- Over the last ten years it is up 2.4%. 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 Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Our World in Data).