Net acquisition of financial assets (current LCU) in Kiribati
Kiribati: Net acquisition of financial assets (current LCU) was -19.05 million current LCU in 2023. ◆ Volatile
Net acquisition of financial assets in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kiribati recorded -19.05 million current LCU for net acquisition of financial assets in 2023.
The figure is up 54.0% on the previous year and down 197.3% over ten years.
Over the whole period, net acquisition of financial assets in Kiribati peaked at 134.80 million current LCU in 2018 and was at its lowest, -41.39 million current LCU, in 2022.
Kiribati ranks 100th of 134 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.
Net acquisition of financial assets (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | -10.58 million current LCU | — |
| 2012 | 5.77 million current LCU | -154.6% |
| 2013 | 19.58 million current LCU | +239.1% |
| 2014 | 79.24 million current LCU | +304.7% |
| 2015 | 126.21 million current LCU | +59.3% |
| 2016 | 49.95 million current LCU | -60.4% |
| 2017 | 39.36 million current LCU | -21.2% |
| 2018 | 134.80 million current LCU | +242.5% |
| 2019 | 52.47 million current LCU | -61.1% |
| 2020 | 76.03 million current LCU | +44.9% |
| 2021 | -11.97 million current LCU | -115.7% |
| 2022 | -41.39 million current LCU | +245.8% |
| 2023 | -19.05 million current LCU | -54.0% |
Kiribati compared with similar countries
- Kiribati's -19.05 million current LCU is below the median for lower middle income countries, which is 1.08 billion current LCU. (34 countries reporting)
- Kiribati's -19.05 million current LCU is below the median for East Asia & Pacific, which is 197.18 million current LCU. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 55.20 million current LCU | -10.58 million current LCU | 134.80 million current LCU | 9 |
| 2020s | 905,450 current LCU | -41.39 million current LCU | 76.03 million current LCU | 4 |
Countries ranked near Kiribati
- 97 Namibia 9.05 million current LCU compare
- 98 Saint Kitts and Nevis 700,000 current LCU compare
- 99 Cyprus -10.30 million current LCU
- 101 Malta -19.92 million current LCU
- 102 Saint Lucia -43.69 million current LCU
- 103 Georgia -57.10 million current LCU compare
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 net acquisition of financial assets in Kiribati?
- Net acquisition of financial assets in Kiribati was -19.05 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Kiribati?
- The highest recorded value was 134.80 million current LCU in 2018.
- What is the lowest net acquisition of financial assets recorded in Kiribati?
- The lowest recorded value was -41.39 million current LCU in 2022.
- How does Kiribati rank for net acquisition of financial assets?
- Kiribati ranks 100th out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Kiribati?
- Over the last ten years it is down 197.3%. 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 Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.