Taxes on goods and services, Ratio of this level of government's in Palau
Palau: Taxes on goods and services, Ratio of this level of government's was 0.9971 in 2019. ▬ Flat
Taxes on goods and services, Ratio of this level of government's in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
The most recent figure for taxes on goods and services, ratio of this level of government's in Palau is 0.9971, measured in 2019.
That represents a change of down 0.1% on the previous year and up 0.9% over ten years.
Over the whole period, taxes on goods and services, ratio of this level of government's in Palau peaked at 1 in 2008 and was at its lowest, 0.9881, in 2009.
That places Palau 18th out of 80 countries with data for 2019, putting it in the top quarter.
Taxes on goods and services, Ratio of this level of government's in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1 | — |
| 2009 | 0.9881 | -1.2% |
| 2010 | 0.9965 | +0.9% |
| 2011 | 0.9971 | +0.1% |
| 2012 | 0.9977 | +0.1% |
| 2013 | 0.9975 | -0.0% |
| 2014 | 0.9973 | -0.0% |
| 2015 | 0.9979 | +0.1% |
| 2016 | 0.9979 | +0.0% |
| 2017 | 0.9974 | -0.0% |
| 2018 | 0.9977 | +0.0% |
| 2019 | 0.9971 | -0.1% |
Palau compared with similar countries
- Palau's 0.9971 is above the median for high income countries, which is 0.9695, 1.0× the median. (42 countries reporting)
- Palau's 0.9971 is above the median for East Asia & Pacific, which is 0.8665, 1.2× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.994 | 0.9881 | 1 | 2 |
| 2010s | 0.9974 | 0.9965 | 0.9979 | 10 |
Countries ranked near Palau
More public sector data for Palau
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services, ratio of this level of government's in Palau?
- Taxes on goods and services, ratio of this level of government's in Palau was 0.9971 in 2019, according to International Monetary Fund.
- What is the highest taxes on goods and services, ratio of this level of government's recorded in Palau?
- The highest recorded value was 1 in 2008.
- What is the lowest taxes on goods and services, ratio of this level of government's recorded in Palau?
- The lowest recorded value was 0.9881 in 2009.
- How does Palau rank for taxes on goods and services, ratio of this level of government's?
- Palau ranks 18th out of 80 countries with data for 2019.
- Is taxes on goods and services, ratio of this level of government's rising or falling in Palau?
- Over the last ten years it is up 0.9%. 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 Taxes on goods and services, 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.