Tariff rate, most favored nation, weighted mean, all products in Palau
Palau: Tariff rate, most favored nation, weighted mean, all products was 9.5% in 2021. ◆ Volatile
Tariff rate, most favored nation, weighted mean, all products in Palau, 2005–2021
Source: Staff estimates. Measured in %.
Analysis
Palau recorded 9.5% for tariff rate, most favored nation, weighted mean, all products in 2021.
The figure is down 1.1% on the previous year and up 45.1% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, all products in Palau peaked at 118.2% in 2019 and was at its lowest, 1.8%, in 2005.
That places Palau 60th out of 184 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, all products in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 1.8% | — |
| 2006 | 1.8% | +0.0% |
| 2010 | 6.8% | +284.1% |
| 2011 | 6.5% | -3.3% |
| 2012 | 6.4% | -2.1% |
| 2015 | 7.7% | +20.2% |
| 2016 | 7.8% | +1.4% |
| 2017 | 29.9% | +283.1% |
| 2018 | 34.6% | +15.9% |
| 2019 | 118.2% | +241.4% |
| 2020 | 9.6% | -91.9% |
| 2021 | 9.5% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 1.8% | 1.8% | 2 |
| 2010s | 27.2% | 6.4% | 118.2% | 8 |
| 2020s | 9.5% | 9.5% | 9.6% | 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)
- 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, weighted mean, all products in Palau?
- Tariff rate, most favored nation, weighted mean, all products in Palau was 9.5% in 2021, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, all products recorded in Palau?
- The highest recorded value was 118.2% in 2019.
- What is the lowest tariff rate, most favored nation, weighted mean, all products recorded in Palau?
- The lowest recorded value was 1.8% in 2005.
- How does Palau rank for tariff rate, most favored nation, weighted mean, all products?
- Palau ranks 60th out of 184 countries with data for 2021.
- Is tariff rate, most favored nation, weighted mean, all products 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 Staff estimates, published as part of Tariff rate, most favored nation, weighted 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
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. 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 and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.