Subsidies and other transfers (current LCU) in Kiribati
Kiribati: Subsidies and other transfers (current LCU) was 130.47 million current LCU in 2023. ◆ Volatile
Subsidies and other transfers in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kiribati recorded 130.47 million current LCU for subsidies and other transfers in 2023. That is the highest value across all 13 years on record.
The figure is up 14.5% on the previous year and up 555.1% over ten years.
Over the whole period, subsidies and other transfers in Kiribati peaked at 130.47 million current LCU in 2023 and was at its lowest, 15.99 million current LCU, in 2011.
That places Kiribati 145th out of 153 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies and other transfers (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 15.99 million current LCU | — |
| 2012 | 18.71 million current LCU | +17.0% |
| 2013 | 19.92 million current LCU | +6.5% |
| 2014 | 19.93 million current LCU | +0.1% |
| 2015 | 18.72 million current LCU | -6.1% |
| 2016 | 36.34 million current LCU | +94.1% |
| 2017 | 48.06 million current LCU | +32.3% |
| 2018 | 36.11 million current LCU | -24.9% |
| 2019 | 41.70 million current LCU | +15.5% |
| 2020 | 70.31 million current LCU | +68.6% |
| 2021 | 117.25 million current LCU | +66.8% |
| 2022 | 114.00 million current LCU | -2.8% |
| 2023 | 130.47 million current LCU | +14.5% |
Kiribati compared with similar countries
- Kiribati's 130.47 million current LCU is below the median for lower middle income countries, which is 144.76 billion current LCU, 0% of the median. (36 countries reporting)
- Kiribati's 130.47 million current LCU is below the median for East Asia & Pacific, which is 27.56 billion current LCU, 0% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.39 million current LCU | 15.99 million current LCU | 48.06 million current LCU | 9 |
| 2020s | 108.01 million current LCU | 70.31 million current LCU | 130.47 million current LCU | 4 |
Countries ranked near Kiribati
- 142 Saint Lucia 228.51 million current LCU compare
- 143 Saint Kitts and Nevis 210.90 million current LCU compare
- 144 Saint Vincent and the Grenadines 132.30 million current LCU compare
- 146 Nauru 66.69 million current LCU compare
- 147 Belize 52.11 million current LCU
- 148 Tonga 51.31 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 subsidies and other transfers in Kiribati?
- Subsidies and other transfers in Kiribati was 130.47 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Kiribati?
- The highest recorded value was 130.47 million current LCU in 2023.
- What is the lowest subsidies and other transfers recorded in Kiribati?
- The lowest recorded value was 15.99 million current LCU in 2011.
- How does Kiribati rank for subsidies and other transfers?
- Kiribati ranks 145th out of 153 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Kiribati?
- Over the last ten years it is up 555.1%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.