Customs and other import duties (% of tax revenue) in Palau
Palau: Customs and other import duties (% of tax revenue) was 32.3% in 2020. ▲ Rising
Customs and other import duties in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Palau recorded 32.3% for customs and other import duties in 2020. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 29.8% on the previous year and up 43.1% over ten years.
Over the whole period, customs and other import duties in Palau peaked at 32.3% in 2020 and was at its lowest, 19.6%, in 2011.
That places Palau 9th out of 151 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Customs and other import duties (% of tax revenue) in Palau, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2008 | 24.1% | — |
| 2009 | 23.0% | -4.4% |
| 2010 | 22.6% | -1.8% |
| 2011 | 19.6% | -13.4% |
| 2012 | 22.7% | +15.8% |
| 2013 | 21.5% | -5.3% |
| 2014 | 23.5% | +9.4% |
| 2015 | 25.0% | +6.4% |
| 2016 | 26.1% | +4.4% |
| 2017 | 24.7% | -5.2% |
| 2018 | 24.7% | -0.2% |
| 2019 | 24.9% | +0.9% |
| 2020 | 32.3% | +29.8% |
Palau compared with similar countries
- Palau's 32.3% is above the median for high income countries, which is 0.7%, 46.2× the median. (54 countries reporting)
- Palau's 32.3% is above the median for East Asia & Pacific, which is 8.3%, 3.9× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.5% | 23.0% | 24.1% | 2 |
| 2010s | 23.5% | 19.6% | 26.1% | 10 |
| 2020s | 32.3% | 32.3% | 32.3% | 1 |
Countries ranked near Palau
More public sector data for Palau
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 18.1% (2020)
- Taxes on income, profits and capital gains 8.8% (2020)
- Taxes on goods and services 14.2% (2020)
- Net investment in nonfinancial assets 6.4% (2020)
Frequently asked questions
- What is customs and other import duties in Palau?
- Customs and other import duties in Palau was 32.3% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Palau?
- The highest recorded value was 32.3% in 2020.
- What is the lowest customs and other import duties recorded in Palau?
- The lowest recorded value was 19.6% in 2011.
- How does Palau rank for customs and other import duties?
- Palau ranks 9th out of 151 countries with data for 2020.
- Is customs and other import duties rising or falling in Palau?
- Over the last ten years it is up 43.1%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (% of tax revenue). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.