Taxes on income vs. taxes on goods and services in Palau
Palau: Taxes on income vs. taxes on goods and services was 7.0% in 2020. ▲ Rising
Taxes on income vs. taxes on goods and services in Palau, 2008–2020
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for taxes on income vs. taxes on goods and services in Palau is 7.0%, measured in 2020.
That represents a change of down 22.0% on the previous year and up 2.4% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Palau peaked at 10.9% in 2018 and was at its lowest, 6.8%, in 2010.
Palau ranks 101st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Taxes on income vs. taxes on goods and services in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 7.0% | — |
| 2009 | 6.8% | -1.6% |
| 2010 | 6.8% | -0.3% |
| 2011 | 7.9% | +15.2% |
| 2012 | 7.7% | -1.7% |
| 2013 | 7.8% | +0.9% |
| 2014 | 8.0% | +2.5% |
| 2015 | 7.9% | -0.7% |
| 2016 | 10.5% | +32.6% |
| 2017 | 9.9% | -5.6% |
| 2018 | 10.9% | +9.5% |
| 2019 | 8.9% | -17.7% |
| 2020 | 7.0% | -22.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.9% | 6.8% | 7.0% | 2 |
| 2010s | 8.6% | 6.8% | 10.9% | 10 |
| 2020s | 7.0% | 7.0% | 7.0% | 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, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (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)
Frequently asked questions
- What is taxes on income vs. taxes on goods and services in Palau?
- Taxes on income vs. taxes on goods and services in Palau was 7.0% in 2020, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Palau?
- The highest recorded value was 10.9% in 2018.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Palau?
- The lowest recorded value was 6.8% in 2010.
- How does Palau rank for taxes on income vs. taxes on goods and services?
- Palau ranks 101st out of 187 countries with data for 2020.
- Is taxes on income vs. taxes on goods and services 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
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About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.