Palau Tax Revenue
Tax revenue as % of GDP GC.TAX.TOTL.GD.ZS
Palau's tax revenue was 17.89% in 2020, ranked 82nd globally. This represents a 2.5% decrease from 2019. Data from World Bank, covering 2008–2020.
Overview
Palau's tax revenue stood at 17.89% in 2020, a decline of +0.47% from 2019. Palau ranked 82nd globally.
Palau's tax revenue has fluctuated over the past 13 years, with the latest available figure at 17.89% of GDP in 2020. The country's tax revenue initially declined in 2009, reaching an all-time trough of 15.43%, but has since recovered to its highest point in 2018 at 20.99%. This peak was surpassed by several peer countries, including Moldova which ranked 17.91% in 2020. The tax revenue of Türkiye and Senegal also hovered around Palau's levels, at 17.49% and 17.45% respectively. The varying levels of tax revenue in Palau may be attributed to the country's dependence on foreign aid and its limited economic diversification. Despite some fluctuations, Palau's tax revenue has generally trended upwards, suggesting a growing fiscal capacity. However, a significant increase in foreign aid or a shift in economic composition could alter this trajectory and potentially lead to a decline in tax revenue as a percentage of GDP.
Data & projection
| Year | Tax Revenue | YoY change | Rank |
|---|---|---|---|
| 2020 | 17.89% | −0.47% | #82 |
| 2019 | 18.36% | −2.63% | #84 |
| 2018 | 20.99% | +1.51% | #101 |
| 2017 | 19.48% | +0.12% | #96 |
| 2016 | 19.37% | −0.33% | #93 |
| 2015 | 19.70% | +0.56% | #101 |
| 2014 | 19.15% | +0.65% | #94 |
| 2013 | 18.49% | +0.41% | #88 |
| 2012 | 18.08% | +0.62% | #86 |
| 2011 | 17.46% | +0.85% | #75 |
| 2010 | 16.61% | +1.18% | #72 |
| 2009 | 15.43% | −0.93% | #58 |
| 2008 | 16.36% | – | #50 |
Analysis
Palau's tax revenue was 17.89% in 2020, a decline of −0.47% from 2019.
Frequently Asked Questions
Palau's tax revenue was 17.89% in 2020. Ranked 82nd globally. This represents a 2.5% decrease from the previous year.
Palau's tax revenue peaked at 20.99% in 2018.
The lowest tax revenue in Palau was 15.43% in 2009.
Palau ranks 82nd globally in tax revenue as of 2020.
The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.
The tax revenue of Palau in 2020 was 17.89%. This ranks 82nd in the world.
Cite this page
@misc{historysaid_palau_tax-revenue,
title = {Palau Tax Revenue},
url = {https://historysaid.com/palau/tax-revenue/},
publisher = {HistorySaid},
year = {2026}
}