Tax revenue (current LCU), per unit of GDP in Palau
Palau: Tax revenue (current LCU), per unit of GDP was 0.1808 current LCU per US$ of GDP in 2020. ▲ Rising
Tax revenue (current LCU), per unit of GDP in Palau, 2008–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for tax revenue (current lcu), per unit of gdp in Palau is 0.1808 current LCU per US$ of GDP, measured in 2020.
That represents a change of down 1.5% on the previous year and up 6.7% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in Palau peaked at 0.2098 current LCU per US$ of GDP in 2018 and was at its lowest, 0.1592 current LCU per US$ of GDP, in 2009.
That places Palau 138th out of 157 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.
Tax revenue (current LCU), per unit of GDP in Palau, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2008 | 0.1653 current LCU per US$ of GDP | — |
| 2009 | 0.1592 current LCU per US$ of GDP | -3.7% |
| 2010 | 0.1695 current LCU per US$ of GDP | +6.5% |
| 2011 | 0.1778 current LCU per US$ of GDP | +4.9% |
| 2012 | 0.1814 current LCU per US$ of GDP | +2.0% |
| 2013 | 0.1832 current LCU per US$ of GDP | +1.0% |
| 2014 | 0.1916 current LCU per US$ of GDP | +4.6% |
| 2015 | 0.1997 current LCU per US$ of GDP | +4.2% |
| 2016 | 0.1949 current LCU per US$ of GDP | -2.4% |
| 2017 | 0.1963 current LCU per US$ of GDP | +0.7% |
| 2018 | 0.2098 current LCU per US$ of GDP | +6.9% |
| 2019 | 0.1837 current LCU per US$ of GDP | -12.4% |
| 2020 | 0.1808 current LCU per US$ of GDP | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1623 current LCU per US$ of GDP | 0.1592 current LCU per US$ of GDP | 0.1653 current LCU per US$ of GDP | 2 |
| 2010s | 0.1888 current LCU per US$ of GDP | 0.1695 current LCU per US$ of GDP | 0.2098 current LCU per US$ of GDP | 10 |
| 2020s | 0.1808 current LCU per US$ of GDP | 0.1808 current LCU per US$ of GDP | 0.1808 current LCU per US$ of GDP | 1 |
Countries ranked near Palau
- 135 Bulgaria 0.1911 current LCU per US$ of GDP compare
- 136 Canada 0.1878 current LCU per US$ of GDP compare
- 137 Singapore 0.1812 current LCU per US$ of GDP compare
- 139 Slovakia 0.1769 current LCU per US$ of GDP compare
- 140 Bahamas 0.1728 current LCU per US$ of GDP compare
- 141 Marshall Islands 0.1716 current LCU per US$ of GDP compare
More public sector data for Palau
- 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)
- Net lending (+) / net borrowing (-) -9.5% (2020)
- Interest payments 0.6% (2020)
- Grants and other revenue 63.3% (2020)
- Interest payments 0.5% (2020)
- Other taxes 1.4% (2020)
- Compensation of employees 31.0% (2020)
Frequently asked questions
- What is tax revenue (current lcu), per unit of gdp in Palau?
- Tax revenue (current lcu), per unit of gdp in Palau was 0.1808 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in Palau?
- The highest recorded value was 0.2098 current LCU per US$ of GDP in 2018.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.1592 current LCU per US$ of GDP in 2009.
- How does Palau rank for tax revenue (current lcu), per unit of gdp?
- Palau ranks 138th out of 157 countries with data for 2020.
- Is tax revenue (current lcu), per unit of gdp rising or falling in Palau?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.