Ngerulmud (Palauan pronunciation: [ŋəˈɾulmuð]) is the seat of government of the Republic of Palau, an island nation in the Pacific Ocean.

Ngerulmud is derived from a Palauan phrase meaning "place of fermented angelfish", referring to the hill overlooking the ocean that dominates the site.

[8] A 2013 piece in The Wall Street Journal reported that the capitol building, which was "unsuited to the local climate", had put Palau in debt, and a fault in the ventilation system had recently caused a mold infestation.

[9] In April 2013, Ngerulmud's post office was closed permanently, as part of cost-cutting measures implemented by the postmaster, Tommy Sinsak.

[14] Population statistics are not recorded separately for Ngerulmud, as it has no defined borders and consists solely of government buildings.