Tariff rates in Palau
Palau: Tariff rates was 9.49 in 2021. ◆ Volatile
Latest (2021)
9.49
Change on year
down 1.1%
World rank
38th
of 184 countries
All-time high
118.21
in 2019
All-time low
1.76
in 2005
Years of data
12
2005–2021
Tariff rates in Palau, 2005–2021
Source: Our World in Data.
Analysis
Palau recorded 9.49 for tariff rates in 2021.
Compared with earlier readings it is down 1.1% on the previous year and up 45.1% over ten years.
Over the whole period, tariff rates in Palau peaked at 118.21 in 2019 and was at its lowest, 1.76, in 2005.
That places Palau 38th out of 184 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rates in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.76 | — |
| 2006 | 1.76 | +0.0% |
| 2010 | 6.76 | +284.1% |
| 2011 | 6.54 | -3.3% |
| 2012 | 6.4 | -2.1% |
| 2015 | 7.69 | +20.2% |
| 2016 | 7.8 | +1.4% |
| 2017 | 29.88 | +283.1% |
| 2018 | 34.63 | +15.9% |
| 2019 | 118.21 | +241.4% |
| 2020 | 9.6 | -91.9% |
| 2021 | 9.49 | -1.1% |
Palau compared with similar countries
- Palau's 9.49 is above the median for high income countries, which is 1.33, 7.1× the median. (64 countries reporting)
- Palau's 9.49 is above the median for East Asia & Pacific, which is 2.97, 3.2× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.76 | 1.76 | 1.76 | 2 |
| 2010s | 27.24 | 6.4 | 118.21 | 8 |
| 2020s | 9.54 | 9.49 | 9.6 | 2 |
Countries ranked near Palau
More reference data data for Palau
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Political regime fh 2 (2025)
- Political regime lexical 7 (2025)
- Elections for the governments chief executive 1 (2025)
- Competitive elections lexical 1 (2025)
- Universal suffrage men lexical 1 (2025)
Frequently asked questions
- What is tariff rates in Palau?
- Tariff rates in Palau was 9.49 in 2021, according to Our World in Data.
- What is the highest tariff rates recorded in Palau?
- The highest recorded value was 118.21 in 2019.
- What is the lowest tariff rates recorded in Palau?
- The lowest recorded value was 1.76 in 2005.
- How does Palau rank for tariff rates?
- Palau ranks 38th out of 184 countries with data for 2021.
- Is tariff rates rising or falling in Palau?
- Over the last ten years it is up 45.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (Our World in Data).