Goods and services expense in Kiribati
Kiribati: Goods and services expense was 29.4% in 2023. ▼ Falling
Goods and services expense in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Kiribati recorded 29.4% for goods and services expense in 2023.
The figure is up 9.5% on the previous year and down 24.5% over ten years.
Over the whole period, goods and services expense in Kiribati peaked at 45.5% in 2015 and was at its lowest, 26.2%, in 2021.
That places Kiribati 14th out of 154 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 13 years of available data.
Goods and services expense in Kiribati, year by year
| Year | % of expense | Change |
|---|---|---|
| 2011 | 35.8% | — |
| 2012 | 35.5% | -0.7% |
| 2013 | 38.9% | +9.6% |
| 2014 | 35.5% | -8.9% |
| 2015 | 45.5% | +28.3% |
| 2016 | 38.6% | -15.3% |
| 2017 | 34.2% | -11.3% |
| 2018 | 34.1% | -0.4% |
| 2019 | 36.9% | +8.4% |
| 2020 | 34.7% | -5.9% |
| 2021 | 26.2% | -24.5% |
| 2022 | 26.8% | +2.3% |
| 2023 | 29.4% | +9.5% |
Kiribati compared with similar countries
- Kiribati's 29.4% is above the median for lower middle income countries, which is 16.3%, 1.8× the median. (36 countries reporting)
- Kiribati's 29.4% is above the median for East Asia & Pacific, which is 22.3%, 1.3× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 37.2% | 34.1% | 45.5% | 9 |
| 2020s | 29.3% | 26.2% | 34.7% | 4 |
Countries ranked near Kiribati
- 11 Guinea-Bissau 32.4% compare
- 12 Central African Republic 31.7% compare
- 13 Vanuatu 29.8% compare
- 15 Angola 29.4% compare
- 16 United Arab Emirates 28.9% compare
- 17 Botswana 28.4% compare
More public sector data for Kiribati
- Democracy, 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)
- Elected parliament, 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)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Kiribati?
- Goods and services expense in Kiribati was 29.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Kiribati?
- The highest recorded value was 45.5% in 2015.
- What is the lowest goods and services expense recorded in Kiribati?
- The lowest recorded value was 26.2% in 2021.
- How does Kiribati rank for goods and services expense?
- Kiribati ranks 14th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Kiribati?
- Over the last ten years it is down 24.5%. 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.