Other taxes (current LCU) in Palau
Palau: Other taxes (current LCU) was 1.74 million current LCU in 2020. ▲ Rising
Other taxes in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, other taxes in Palau stood at 1.74 million current LCU.
Compared with earlier readings it is down 20.1% on the previous year and up 15.0% over ten years.
Over the whole period, other taxes in Palau peaked at 2.49 million current LCU in 2018 and was at its lowest, 1.25 million current LCU, in 2009.
That places Palau 138th out of 149 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Other taxes (current LCU) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 1.52 million current LCU | — |
| 2009 | 1.25 million current LCU | -17.4% |
| 2010 | 1.51 million current LCU | +20.5% |
| 2011 | 1.27 million current LCU | -16.2% |
| 2012 | 1.59 million current LCU | +25.3% |
| 2013 | 1.26 million current LCU | -20.5% |
| 2014 | 1.55 million current LCU | +22.8% |
| 2015 | 2.03 million current LCU | +31.0% |
| 2016 | 2.49 million current LCU | +22.6% |
| 2017 | 2.29 million current LCU | -7.7% |
| 2018 | 2.49 million current LCU | +8.4% |
| 2019 | 2.17 million current LCU | -12.6% |
| 2020 | 1.74 million current LCU | -20.1% |
Palau compared with similar countries
- Palau's 1.74 million current LCU is below the median for high income countries, which is 1.29 billion current LCU, 0% of the median. (53 countries reporting)
- Palau's 1.74 million current LCU is below the median for East Asia & Pacific, which is 1.45 billion current LCU, 0% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.39 million current LCU | 1.25 million current LCU | 1.52 million current LCU | 2 |
| 2010s | 1.86 million current LCU | 1.26 million current LCU | 2.49 million current LCU | 10 |
| 2020s | 1.74 million current LCU | 1.74 million current LCU | 1.74 million current LCU | 1 |
Countries ranked near Palau
- 135 Estonia 2.84 million current LCU
- 136 Tajikistan 2.59 million current LCU compare
- 137 Bahrain 2.38 million current LCU
- 139 East Timor 1.49 million current LCU compare
- 140 Marshall Islands 1.28 million current LCU compare
- 141 Russia 1.00 million current LCU compare
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 other taxes in Palau?
- Other taxes in Palau was 1.74 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Palau?
- The highest recorded value was 2.49 million current LCU in 2018.
- What is the lowest other taxes recorded in Palau?
- The lowest recorded value was 1.25 million current LCU in 2009.
- How does Palau rank for other taxes?
- Palau ranks 138th out of 149 countries with data for 2020.
- Is other taxes rising or falling in Palau?
- Over the last ten years it is up 15.0%. 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.