Tariff rate, most favored nation, simple mean, manufactured products in Palau
Palau: Tariff rate, most favored nation, simple mean, manufactured products was 4.2% in 2021. ▲ Rising
Tariff rate, most favored nation, simple mean, manufactured products in Palau, 2005–2021
Source: Staff estimates. Measured in %.
Analysis
In 2021, tariff rate, most favored nation, simple mean, manufactured products in Palau stood at 4.2%.
That represents a change of up 6.6% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, manufactured products in Palau peaked at 5.0% in 2019 and was at its lowest, 3.0%, in 2005.
That places Palau 134th out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 12 years of available data.
Tariff rate, most favored nation, simple mean, manufactured products in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 3.0% | — |
| 2006 | 3.0% | +0.0% |
| 2010 | 4.0% | +31.8% |
| 2011 | 3.9% | -2.7% |
| 2012 | 3.9% | -0.5% |
| 2015 | 4.1% | +4.4% |
| 2016 | 4.1% | +0.7% |
| 2017 | 4.1% | -0.7% |
| 2018 | 4.8% | +17.2% |
| 2019 | 5.0% | +4.0% |
| 2020 | 4.2% | -15.8% |
| 2021 | 4.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.0% | 3.0% | 3.0% | 2 |
| 2010s | 4.2% | 3.9% | 5.0% | 8 |
| 2020s | 4.2% | 4.2% | 4.2% | 2 |
Countries ranked near Palau
- 131 Haiti 4.6% compare
- 132 Liechtenstein 4.5% compare
- 133 Costa Rica 4.5% compare
- 135 Sri Lanka 4.1% compare
- 136 Ukraine 4.1% compare
- 137 Austria 4.0% compare
- 137 Belgium 4.0% compare
- 137 Bulgaria 4.0% compare
- 137 Croatia 4.0% compare
- 137 Cyprus 4.0% compare
- 137 Czechia 4.0% compare
- 137 Denmark 4.0% compare
- 137 Estonia 4.0% compare
- 137 Finland 4.0% compare
- 137 France 4.0% compare
- 137 Germany 4.0% compare
- 137 Greece 4.0% compare
- 137 Hungary 4.0% compare
- 137 Ireland 4.0% compare
- 137 Italy 4.0% compare
- 137 Latvia 4.0% compare
- 137 Lithuania 4.0% compare
- 137 Malta 4.0% compare
- 137 Netherlands 4.0% compare
- 137 Poland 4.0% compare
- 137 Portugal 4.0% compare
- 137 Romania 4.0% compare
- 137 Slovakia 4.0% compare
- 137 Slovenia 4.0% compare
- 137 Spain 4.0% compare
- 137 Sweden 4.0% compare
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)
- Food exports 88.7% (2018)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 169.85 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0087 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, manufactured products in Palau?
- Tariff rate, most favored nation, simple mean, manufactured products in Palau was 4.2% in 2021, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, manufactured products recorded in Palau?
- The highest recorded value was 5.0% in 2019.
- What is the lowest tariff rate, most favored nation, simple mean, manufactured products recorded in Palau?
- The lowest recorded value was 3.0% in 2005.
- How does Palau rank for tariff rate, most favored nation, simple mean, manufactured products?
- Palau ranks 134th out of 186 countries with data for 2021.
- Is tariff rate, most favored nation, simple mean, manufactured products rising or falling in Palau?
- Over the last ten years it is up 6.6%. 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, manufactured products (%). Statizoid updates them automatically from the source API.
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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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.