Tariff rate, applied, simple mean, all products (%) in Palau
Palau: Tariff rate, applied, simple mean, all products (%) was 6.8% in 2021. ◆ Volatile
Tariff rate, applied, simple mean, all products in Palau, 2005–2021
Source: Staff estimates. Measured in %.
Analysis
Palau recorded 6.8% for tariff rate, applied, simple mean, all products in 2021.
The figure is up 0.3% on the previous year and up 40.8% over ten years.
Over the whole period, tariff rate, applied, simple mean, all products in Palau peaked at 21.4% in 2019 and was at its lowest, 2.8%, in 2005.
Palau ranks 87th of 184 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, applied, simple mean, all products (%) in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 2.8% | — |
| 2006 | 2.8% | +0.0% |
| 2010 | 5.0% | +77.5% |
| 2011 | 4.8% | -4.2% |
| 2012 | 4.8% | -1.7% |
| 2015 | 5.1% | +6.7% |
| 2016 | 5.5% | +7.9% |
| 2017 | 14.1% | +158.5% |
| 2018 | 15.6% | +10.0% |
| 2019 | 21.4% | +37.7% |
| 2020 | 6.8% | -68.3% |
| 2021 | 6.8% | +0.3% |
Palau compared with similar countries
- Palau's 6.8% is above the median for high income countries, which is 1.9%, 3.5× the median. (64 countries reporting)
- Palau's 6.8% is above the median for East Asia & Pacific, which is 5.2%, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 2.8% | 2.8% | 2 |
| 2010s | 9.5% | 4.8% | 21.4% | 8 |
| 2020s | 6.8% | 6.8% | 6.8% | 2 |
Countries ranked near Palau
More private sector data for Palau
- Merchandise trade 47.8% (2025)
- Food imports 23.0% (2018)
- Manufactures imports 50.8% (2018)
- Merchandise imports 162.00 million current US$ (2025)
- Commercial service imports 41.35 million current US$ (2023)
- Food exports 88.7% (2018)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Commercial service exports 55.85 million current US$ (2023)
- Merchandise exports (current US$), per capita 169.85 current US$ per person (2025)
Frequently asked questions
- What is tariff rate, applied, simple mean, all products in Palau?
- Tariff rate, applied, simple mean, all products in Palau was 6.8% in 2021, according to Staff estimates.
- What is the highest tariff rate, applied, simple mean, all products recorded in Palau?
- The highest recorded value was 21.4% in 2019.
- What is the lowest tariff rate, applied, simple mean, all products recorded in Palau?
- The lowest recorded value was 2.8% in 2005.
- How does Palau rank for tariff rate, applied, simple mean, all products?
- Palau ranks 87th out of 184 countries with data for 2021.
- Is tariff rate, applied, simple mean, all products rising or falling in Palau?
- Over the last ten years it is up 40.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Staff estimates, published as part of Tariff rate, applied, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.