Compensation of employees (current LCU) in Kiribati
Kiribati: Compensation of employees (current LCU) was 115.48 million current LCU in 2023. ▲ Rising
Compensation of employees in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, compensation of employees in Kiribati stood at 115.48 million current LCU. That is the highest value across all 13 years on record.
The figure is up 10.5% on the previous year and up 133.5% over ten years.
Over the whole period, compensation of employees in Kiribati peaked at 115.48 million current LCU in 2023 and was at its lowest, 49.46 million current LCU, in 2013.
Kiribati ranks 151st of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Compensation of employees (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 50.17 million current LCU | — |
| 2012 | 50.58 million current LCU | +0.8% |
| 2013 | 49.46 million current LCU | -2.2% |
| 2014 | 51.60 million current LCU | +4.3% |
| 2015 | 57.76 million current LCU | +11.9% |
| 2016 | 59.83 million current LCU | +3.6% |
| 2017 | 62.68 million current LCU | +4.8% |
| 2018 | 79.42 million current LCU | +26.7% |
| 2019 | 83.33 million current LCU | +4.9% |
| 2020 | 82.23 million current LCU | -1.3% |
| 2021 | 103.21 million current LCU | +25.5% |
| 2022 | 104.47 million current LCU | +1.2% |
| 2023 | 115.48 million current LCU | +10.5% |
Kiribati compared with similar countries
- Kiribati's 115.48 million current LCU is below the median for lower middle income countries, which is 145.99 billion current LCU, 0% of the median. (36 countries reporting)
- Kiribati's 115.48 million current LCU is below the median for East Asia & Pacific, which is 23.59 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60.54 million current LCU | 49.46 million current LCU | 83.33 million current LCU | 9 |
| 2020s | 101.35 million current LCU | 82.23 million current LCU | 115.48 million current LCU | 4 |
Countries ranked near Kiribati
More public sector data for Kiribati
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 17.5% (2023)
- Taxes on income, profits and capital gains 7.4% (2023)
- Taxes on goods and services 11.8% (2023)
- Net investment in nonfinancial assets 7.1% (2023)
Frequently asked questions
- What is compensation of employees in Kiribati?
- Compensation of employees in Kiribati was 115.48 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Kiribati?
- The highest recorded value was 115.48 million current LCU in 2023.
- What is the lowest compensation of employees recorded in Kiribati?
- The lowest recorded value was 49.46 million current LCU in 2013.
- How does Kiribati rank for compensation of employees?
- Kiribati ranks 151st out of 156 countries with data for 2023.
- Is compensation of employees rising or falling in Kiribati?
- Over the last ten years it is up 133.5%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.