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Palau Taxes on international trade (current LCU) 2026: Interactive Chart & Historical Data

Taxes on international trade (current LCU) in Palau stood at 15.77 million in 2020, according to World Bank. The latest value is up 17% from 13.47 million in 2019. Ten years earlier, in 2010, the value was 7.756 million (up 103% since). The highest value since 2008 was 15.86 million in 2016, the lowest 7.369 million in 2011. Palau ranked 103rd highest of the 113 countries in this dataset in 2020; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Taxes on international trade (current LCU)?

Taxes on international trade (current LCU) captures Palau's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Palau, Taxes on international trade (current LCU) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Palau's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Taxes on international trade (current LCU) in Palau?

Taxes on international trade (current LCU) in Palau stood at 15.77 million in 2020, according to World Bank.

Is Taxes on international trade (current LCU) in Palau rising or falling?

The latest value is up 17% from 13.47 million in 2019. Ten years earlier, in 2010, the value was 7.756 million (up 103% since).

How does Palau rank for Taxes on international trade (current LCU)?

Palau ranked 103rd highest of the 113 countries in this dataset in 2020; South Korea ranked first.

What is the highest Taxes on international trade (current LCU) on record in Palau?

The highest value since 2008 was 15.86 million in 2016, the lowest 7.369 million in 2011.

Metadata for Taxes on international trade (current LCU) in Palau
IndicatorTaxes on international trade (current LCU)
CountryPalau
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest balance: 15.77 million (2020)

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Cite this chart
APA

World Bank. (2026). Taxes on international trade (current LCU) — Palau [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-intt-cn/PLW. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN

MLA

World Bank. "Taxes on international trade (current LCU) — Palau." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-intt-cn/PLW. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

Chicago

World Bank. 2026. "Taxes on international trade (current LCU) — Palau." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-intt-cn/PLW. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

BibTeX
@misc{econdash_wdi_gc_tax_intt_cn_plw,
  author = {{World Bank}},
  title = {{Taxes on international trade (current LCU) --- Palau}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-intt-cn/PLW},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN}
}