Palanka is located in the municipality Gračac, in Zadar County at an elevation of 269 meters above sea level and it covers the area of 7.99 km² (3.08 sq. miles). According to the 2011 census report, there were 19 inhabitants. It is predominantly populated by Serbs (95%), but also. Nearby places: Zrmanja, Pribudić, Prljevo, Oton, Kom, Pađene, Zrmanja Vrelo, Radljevac, Mokro Polje and Nadvrelo.