Taxes on income, profits and capital gains in Palau
Palau: Taxes on income, profits and capital gains was 24.0% in 2020. ▬ Flat
Taxes on income, profits and capital gains in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
Palau recorded 24.0% for taxes on income, profits and capital gains in 2020. That is the highest value across all 13 years on record.
The figure is up 14.1% on the previous year and up 12.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Palau peaked at 24.0% in 2020 and was at its lowest, 16.2%, in 2015.
Palau ranks 129th of 153 countries on this measure, in the bottom quarter.
Taxes on income, profits and capital gains in Palau, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 2008 | 21.2% | — |
| 2009 | 22.7% | +7.1% |
| 2010 | 21.4% | -5.8% |
| 2011 | 20.5% | -3.9% |
| 2012 | 18.3% | -10.8% |
| 2013 | 17.8% | -3.1% |
| 2014 | 17.3% | -2.4% |
| 2015 | 16.2% | -6.7% |
| 2016 | 17.0% | +4.9% |
| 2017 | 19.2% | +13.3% |
| 2018 | 18.1% | -5.5% |
| 2019 | 21.0% | +16.0% |
| 2020 | 24.0% | +14.1% |
Palau compared with similar countries
- Palau's 24.0% is below the median for high income countries, which is 43.9%, 55% of the median. (55 countries reporting)
- Palau's 24.0% is below the median for East Asia & Pacific, which is 39.9%, 60% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.9% | 21.2% | 22.7% | 2 |
| 2010s | 18.7% | 16.2% | 21.4% | 10 |
| 2020s | 24.0% | 24.0% | 24.0% | 1 |
Countries ranked near Palau
- 126 Saint Lucia 25.8% compare
- 127 Seychelles 24.7%
- 128 Kuwait 24.6%
- 130 Togo 24.0% compare
- 131 Laos 23.6% compare
- 132 Kyrgyzstan 23.2% compare
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 income, profits and capital gains in Palau?
- Taxes on income, profits and capital gains in Palau was 24.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Palau?
- The highest recorded value was 24.0% in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Palau?
- The lowest recorded value was 16.2% in 2015.
- How does Palau rank for taxes on income, profits and capital gains?
- Palau ranks 129th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Palau?
- Over the last ten years it is up 12.3%. The long-run trend across the full record is flat.
- 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.