Customs and other import duties in Palau
Palau: Customs and other import duties was 15.13 million current LCU in 2020. ▲ Rising
Customs and other import duties in Palau, 2008–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Palau is 15.13 million current LCU, measured in 2020.
Compared with earlier readings it is up 17.4% on the previous year and up 114.5% over ten years.
Over the whole period, customs and other import duties in Palau peaked at 15.42 million current LCU in 2016 and was at its lowest, 6.74 million current LCU, in 2009.
That places Palau 129th out of 152 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.33 million current LCU | 6.74 million current LCU | 7.92 million current LCU | 2 |
| 2010s | 11.40 million current LCU | 6.79 million current LCU | 15.42 million current LCU | 10 |
| 2020s | 15.13 million current LCU | 15.13 million current LCU | 15.13 million current LCU | 1 |
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 customs and other import duties in Palau?
- Customs and other import duties in Palau was 15.13 million current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Palau?
- The highest recorded value was 15.42 million current LCU in 2016.
- What is the lowest customs and other import duties recorded in Palau?
- The lowest recorded value was 6.74 million current LCU in 2009.
- How does Palau rank for customs and other import duties?
- Palau ranks 129th out of 152 countries with data for 2020.
- Is customs and other import duties rising or falling in Palau?
- Over the last ten years it is up 114.5%. The long-run trend across the full record is rising.
- 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 Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.