Taxes on payroll and workforce, Ratio of this level of government's in Palau
Palau: Taxes on payroll and workforce, Ratio of this level of government's was 1 in 2019. ▬ Flat
Taxes on payroll and workforce, Ratio of this level of government's in Palau, 2008–2019
Source: International Monetary Fund.
Analysis
Palau recorded 1 for taxes on payroll and workforce, ratio of this level of government's in 2019. That is the highest value across all 12 years on record.
That represents a change of unchanged over ten years.
Over the whole period, taxes on payroll and workforce, ratio of this level of government's in Palau peaked at 1 in 2008 and was at its lowest, 1, in 2008.
That places Palau 2nd out of 37 countries with data for 2019, putting it in the top 10%.
Taxes on payroll and workforce, Ratio of this level of government's in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1 | — |
| 2009 | 1 | +0.0% |
| 2010 | 1 | +0.0% |
| 2011 | 1 | +0.0% |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
Palau compared with similar countries
- Palau's 1 is above the median for high income countries, which is 1, 1.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1 | 1 | 1 | 2 |
| 2010s | 1 | 1 | 1 | 10 |
Countries ranked near Palau
- 1 Colombia 1.22 compare
- 2 Belgium 1
- 2 Bulgaria 1 compare
- 2 Brazil 1 compare
- 2 Denmark 1 compare
- 2 Finland 1 compare
- 2 United Kingdom of Great Britain and Northern Ireland 1 compare
- 2 Guatemala 1 compare
- 2 Ireland 1 compare
- 2 Iceland 1 compare
- 2 Israel 1 compare
- 2 Italy 1
- 2 Lithuania 1 compare
- 2 Latvia 1 compare
- 2 Marshall Islands 1 compare
- 2 Mauritius 1 compare
- 2 Netherlands 1 compare
- 2 Norway 1 compare
- 2 Peru 1
- 2 Poland 1 compare
- 2 Senegal 1 compare
- 2 Slovenia 1 compare
- 2 Sweden 1 compare
- 2 South Africa 1 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 taxes on payroll and workforce, ratio of this level of government's in Palau?
- Taxes on payroll and workforce, ratio of this level of government's in Palau was 1 in 2019, according to International Monetary Fund.
- What is the highest taxes on payroll and workforce, ratio of this level of government's recorded in Palau?
- The highest recorded value was 1 in 2008.
- What is the lowest taxes on payroll and workforce, ratio of this level of government's recorded in Palau?
- The lowest recorded value was 1 in 2008.
- How does Palau rank for taxes on payroll and workforce, ratio of this level of government's?
- Palau ranks 2nd out of 37 countries with data for 2019.
- Is taxes on payroll and workforce, ratio of this level of government's rising or falling in Palau?
- Over the last ten years it is unchanged. 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 payroll and workforce, 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.