Tariff rate, most favored nation, weighted mean, manufactured products in Palau
Palau: Tariff rate, most favored nation, weighted mean, manufactured products was 4.2% in 2021. ▲ Rising
Tariff rate, most favored nation, weighted mean, manufactured products in Palau, 2005–2021
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, weighted mean, manufactured products in Palau is 4.2%, measured in 2021.
That represents a change of up 0.2% on the previous year and up 2.9% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, manufactured products in Palau peaked at 4.4% in 2019 and was at its lowest, 3.3%, in 2005.
Palau ranks 125th of 184 countries on this measure, 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, weighted mean, manufactured products in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 3.3% | — |
| 2006 | 3.3% | +0.0% |
| 2010 | 4.2% | +24.6% |
| 2011 | 4.1% | -1.7% |
| 2012 | 4.1% | -0.2% |
| 2015 | 4.0% | -2.2% |
| 2016 | 4.2% | +4.3% |
| 2017 | 4.2% | +1.7% |
| 2018 | 4.3% | +1.4% |
| 2019 | 4.4% | +2.8% |
| 2020 | 4.2% | -4.8% |
| 2021 | 4.2% | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 3.3% | 3.3% | 2 |
| 2010s | 4.2% | 4.0% | 4.4% | 8 |
| 2020s | 4.2% | 4.2% | 4.2% | 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, manufactured products in Palau?
- Tariff rate, most favored nation, weighted mean, manufactured products in Palau was 4.2% in 2021, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, manufactured products recorded in Palau?
- The highest recorded value was 4.4% in 2019.
- What is the lowest tariff rate, most favored nation, weighted mean, manufactured products recorded in Palau?
- The lowest recorded value was 3.3% in 2005.
- How does Palau rank for tariff rate, most favored nation, weighted mean, manufactured products?
- Palau ranks 125th out of 184 countries with data for 2021.
- Is tariff rate, most favored nation, weighted mean, manufactured products rising or falling in Palau?
- Over the last ten years it is up 2.9%. 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, weighted mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.