Palau vs Upper middle income: Taxes on international trade
Taxes on international trade over time
- Palau
- Upper middle income
How they compare
Palau currently reports 12.3% against 2.9% in Upper middle income, a difference of 9.4%.
That makes Palau's figure about 4.2 times Upper middle income's.
Across all 13 years both countries report, Palau has been ahead every year.
Palau ranks 31st and Upper middle income ranks 28th of 154 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.3% | 4.7% | 5.5% | Palau |
| 2010s | 11.1% | 3.7% | 7.3% | Palau |
| 2020s | 12.3% | 3.0% | 9.3% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Palau or Upper middle income?
- Palau, at 12.3% against 2.9% in Upper middle income as of 2020.
- What is the difference in taxes on international trade between Palau and Upper middle income?
- 9.4%, with Palau ahead.
- How many years of comparable data are there for Palau and Upper middle income?
- 13 years are reported by both, from 2008 to 2020.
- How do Palau and Upper middle income rank globally for taxes on international trade?
- Palau ranks 31st and Upper middle income ranks 28th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.