Compensation of employees in Kiribati
Kiribati: Compensation of employees was 31.4% in 2023. ▼ Falling
Compensation of employees in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for compensation of employees in Kiribati is 31.4%, measured in 2023. That is the lowest value across all 13 years on record.
That represents a change of down 4.1% on the previous year and down 20.0% over ten years.
Over the whole period, compensation of employees in Kiribati peaked at 44.5% in 2011 and was at its lowest, 31.4%, in 2023.
Kiribati ranks 60th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Compensation of employees in Kiribati, year by year
| Year | % of expense | Change |
|---|---|---|
| 2011 | 44.5% | — |
| 2012 | 40.7% | -8.6% |
| 2013 | 39.3% | -3.4% |
| 2014 | 42.0% | +6.9% |
| 2015 | 38.6% | -8.2% |
| 2016 | 35.1% | -9.0% |
| 2017 | 33.5% | -4.6% |
| 2018 | 41.2% | +23.1% |
| 2019 | 38.1% | -7.5% |
| 2020 | 33.7% | -11.5% |
| 2021 | 32.3% | -4.2% |
| 2022 | 32.8% | +1.4% |
| 2023 | 31.4% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 39.2% | 33.5% | 44.5% | 9 |
| 2020s | 32.6% | 31.4% | 33.7% | 4 |
Countries ranked near Kiribati
More public sector data for Kiribati
- 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)
- Net lending (+) / net borrowing (-) -1.4% (2023)
- Interest payments 0.7% (2023)
- Grants and other revenue 80.4% (2023)
- Interest payments 0.8% (2023)
- Goods and services expense 29.4% (2023)
- Taxes on international trade 0.5% (2023)
Frequently asked questions
- What is compensation of employees in Kiribati?
- Compensation of employees in Kiribati was 31.4% 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 44.5% in 2011.
- What is the lowest compensation of employees recorded in Kiribati?
- The lowest recorded value was 31.4% in 2023.
- How does Kiribati rank for compensation of employees?
- Kiribati ranks 60th out of 155 countries with data for 2023.
- Is compensation of employees rising or falling in Kiribati?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.