For that indicator, The World Bank provides data for Palau from 2008 to 2018. The average value for Palau during that period was 18.65 percent with a minimum of 15.93 percent in 2009 and a maximum of 21.29 percent in 2018.
The latest value from 2018 is 21.29 percent. For comparison, the world average in 2018 based on 57
countries is 16.70 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.