Taxes on incomes of individuals and corporations as share of GDP in Palau
Palau: Taxes on incomes of individuals and corporations as share of GDP was 4.3% in 2020. ▼ Falling
Taxes on incomes of individuals and corporations as share of GDP in Palau, 1993–2020
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Palau recorded 4.3% for taxes on incomes of individuals and corporations as share of gdp in 2020.
That represents a change of up 12.3% on the previous year and up 19.7% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Palau peaked at 4.6% in 1999 and was at its lowest, 3.2%, in 2015.
That places Palau 139th out of 184 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Palau, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 4.0% | — |
| 1994 | 4.1% | +2.2% |
| 1995 | 4.0% | -2.2% |
| 1996 | 3.8% | -5.7% |
| 1997 | 4.1% | +7.8% |
| 1998 | 4.0% | -1.3% |
| 1999 | 4.6% | +14.1% |
| 2000 | 3.7% | -20.3% |
| 2001 | 3.7% | +2.2% |
| 2002 | 3.6% | -3.4% |
| 2003 | 4.1% | +12.7% |
| 2004 | 3.9% | -3.9% |
| 2005 | 3.7% | -5.4% |
| 2006 | 3.7% | -1.5% |
| 2007 | 3.5% | -3.4% |
| 2008 | 3.5% | -0.8% |
| 2009 | 3.6% | +3.2% |
| 2010 | 3.6% | +0.5% |
| 2011 | 3.7% | +0.8% |
| 2012 | 3.3% | -9.1% |
| 2013 | 3.3% | -2.0% |
| 2014 | 3.3% | +2.2% |
| 2015 | 3.2% | -2.9% |
| 2016 | 3.3% | +2.4% |
| 2017 | 3.8% | +14.0% |
| 2018 | 3.8% | +1.0% |
| 2019 | 3.9% | +1.5% |
| 2020 | 4.3% | +12.3% |
Palau compared with similar countries
- Palau's 4.3% is below the median for high income countries, which is 10.0%, 43% of the median. (63 countries reporting)
- Palau's 4.3% is below the median for East Asia & Pacific, which is 6.9%, 63% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.1% | 3.8% | 4.6% | 7 |
| 2000s | 3.7% | 3.5% | 4.1% | 10 |
| 2010s | 3.5% | 3.2% | 3.9% | 10 |
| 2020s | 4.3% | 4.3% | 4.3% | 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is taxes on incomes of individuals and corporations as share of gdp in Palau?
- Taxes on incomes of individuals and corporations as share of gdp in Palau was 4.3% in 2020, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Palau?
- The highest recorded value was 4.6% in 1999.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Palau?
- The lowest recorded value was 3.2% in 2015.
- How does Palau rank for taxes on incomes of individuals and corporations as share of gdp?
- Palau ranks 139th out of 184 countries with data for 2020.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Palau?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is falling.
- 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 incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.