Tax revenue decentralization, Ratio of this level of government's in Palau
Palau: Tax revenue decentralization, Ratio of this level of government's was 0.9964 in 2019. ▬ Flat
Tax revenue decentralization, Ratio of this level of government's in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
The most recent figure for tax revenue decentralization, ratio of this level of government's in Palau is 0.9964, measured in 2019.
The figure is up 0.6% over ten years.
Over the whole period, tax revenue decentralization, ratio of this level of government's in Palau peaked at 1 in 2008 and was at its lowest, 0.9909, in 2009.
That places Palau 6th out of 80 countries with data for 2019, putting it in the top 10%.
Tax revenue decentralization, Ratio of this level of government's in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1 | — |
| 2009 | 0.9909 | -0.9% |
| 2010 | 0.9952 | +0.4% |
| 2011 | 0.9955 | +0.0% |
| 2012 | 0.9963 | +0.1% |
| 2013 | 0.996 | -0.0% |
| 2014 | 0.9963 | +0.0% |
| 2015 | 0.9964 | +0.0% |
| 2016 | 0.9966 | +0.0% |
| 2017 | 0.9965 | -0.0% |
| 2018 | 0.9968 | +0.0% |
| 2019 | 0.9964 | -0.0% |
Palau compared with similar countries
- Palau's 0.9964 is above the median for high income countries, which is 0.8224, 1.2× the median. (42 countries reporting)
- Palau's 0.9964 is above the median for East Asia & Pacific, which is 0.8651, 1.2× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9954 | 0.9909 | 1 | 2 |
| 2010s | 0.9962 | 0.9952 | 0.9968 | 10 |
Countries ranked near Palau
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 decentralization, ratio of this level of government's in Palau?
- Tax revenue decentralization, ratio of this level of government's in Palau was 0.9964 in 2019, according to International Monetary Fund.
- What is the highest tax revenue decentralization, ratio of this level of government's recorded in Palau?
- The highest recorded value was 1 in 2008.
- What is the lowest tax revenue decentralization, ratio of this level of government's recorded in Palau?
- The lowest recorded value was 0.9909 in 2009.
- How does Palau rank for tax revenue decentralization, ratio of this level of government's?
- Palau ranks 6th out of 80 countries with data for 2019.
- Is tax revenue decentralization, ratio of this level of government's rising or falling in Palau?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from International Monetary Fund, published as part of Tax revenue decentralization, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.