Customs and other import duties in Kiribati
Kiribati: Customs and other import duties was 2.3% in 2023. ◆ Volatile
Customs and other import duties in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Kiribati recorded 2.3% for customs and other import duties in 2023.
The figure is down 70.3% on the previous year and down 96.1% over ten years.
Over the whole period, customs and other import duties in Kiribati peaked at 61.7% in 2011 and was at its lowest, 2.0%, in 2018.
Kiribati ranks 108th of 151 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Customs and other import duties in Kiribati, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2011 | 61.7% | — |
| 2012 | 56.4% | -8.5% |
| 2013 | 59.4% | +5.4% |
| 2014 | 19.7% | -66.9% |
| 2015 | 6.4% | -67.3% |
| 2016 | 5.4% | -15.8% |
| 2017 | 9.1% | +68.4% |
| 2018 | 2.0% | -78.4% |
| 2019 | 7.5% | +281.9% |
| 2020 | 7.5% | +0.4% |
| 2021 | 11.4% | +50.7% |
| 2022 | 7.8% | -31.4% |
| 2023 | 2.3% | -70.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.3% | 2.0% | 61.7% | 9 |
| 2020s | 7.3% | 2.3% | 11.4% | 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)
- Compensation of employees 31.4% (2023)
- Goods and services expense 29.4% (2023)
Frequently asked questions
- What is customs and other import duties in Kiribati?
- Customs and other import duties in Kiribati was 2.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Kiribati?
- The highest recorded value was 61.7% in 2011.
- What is the lowest customs and other import duties recorded in Kiribati?
- The lowest recorded value was 2.0% in 2018.
- How does Kiribati rank for customs and other import duties?
- Kiribati ranks 108th out of 151 countries with data for 2023.
- Is customs and other import duties rising or falling in Kiribati?
- Over the last ten years it is down 96.1%. The long-run trend across the full record is volatile.
- 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 Customs and other import duties (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.