Tariff rate, most favored nation, simple mean, all products (%) in Palau
Palau: Tariff rate, most favored nation, simple mean, all products (%) was 4.5% in 2021. ▲ Rising
Tariff rate, most favored nation, simple mean, all products in Palau, 2005–2021
Source: Staff estimates. Measured in %.
Analysis
In 2021, tariff rate, most favored nation, simple mean, all products in Palau stood at 4.5%.
That represents a change of up 0.4% on the previous year and up 7.8% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Palau peaked at 9.8% in 2019 and was at its lowest, 2.9%, in 2005.
That places Palau 165th out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Tariff rate, most favored nation, simple mean, all products (%) in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 2.9% | — |
| 2006 | 2.9% | +0.0% |
| 2010 | 4.4% | +49.0% |
| 2011 | 4.2% | -3.7% |
| 2012 | 4.2% | -1.7% |
| 2015 | 4.4% | +5.8% |
| 2016 | 4.4% | +1.1% |
| 2017 | 5.0% | +11.7% |
| 2018 | 7.2% | +45.8% |
| 2019 | 9.8% | +35.7% |
| 2020 | 4.5% | -53.8% |
| 2021 | 4.5% | +0.4% |
Palau compared with similar countries
- Palau's 4.5% is below the median for high income countries, which is 5.2%, 87% of the median. (66 countries reporting)
- Palau's 4.5% is below the median for East Asia & Pacific, which is 7.0%, 65% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | 2.9% | 2.9% | 2 |
| 2010s | 5.4% | 4.2% | 9.8% | 8 |
| 2020s | 4.5% | 4.5% | 4.5% | 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, most favored nation, simple mean, all products in Palau?
- Tariff rate, most favored nation, simple mean, all products in Palau was 4.5% in 2021, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Palau?
- The highest recorded value was 9.8% in 2019.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Palau?
- The lowest recorded value was 2.9% in 2005.
- How does Palau rank for tariff rate, most favored nation, simple mean, all products?
- Palau ranks 165th out of 186 countries with data for 2021.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Palau?
- Over the last ten years it is up 7.8%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, 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 most favored nation tariff rate is the unweighted average of most favored nation 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.