Micronesia (country) vs Palau: Taxes on goods and services (current LCU)
Taxes on goods and services (current LCU) over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 18.08 million current LCU against 4.69 million current LCU in Micronesia (country), a difference of 13.39 million current LCU.
That makes Palau's figure about 3.9 times Micronesia (country)'s.
Across all 13 years both countries report, Palau has been ahead every year.
Micronesia (country) ranks 155th and Palau ranks 152nd of 157 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.77 million current LCU | 14.63 million current LCU | 10.87 million current LCU | Palau |
| 2010s | 4.78 million current LCU | 25.10 million current LCU | 20.32 million current LCU | Palau |
| 2020s | 4.69 million current LCU | 18.08 million current LCU | 13.39 million current LCU | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Micronesia (country) or Palau?
- Palau, at 18.08 million current LCU against 4.69 million current LCU in Micronesia (country) as of 2020.
- What is the difference in taxes on goods and services between Micronesia (country) and Palau?
- 13.39 million current LCU, with Palau ahead.
- How many years of comparable data are there for Micronesia (country) and Palau?
- 13 years are reported by both, from 2008 to 2020.
- How do Micronesia (country) and Palau rank globally for taxes on goods and services?
- Micronesia (country) ranks 155th and Palau ranks 152nd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.