Subsidies, payable, Ratio of this level of government's expenditure in Kiribati
Kiribati: Subsidies, payable, Ratio of this level of government's expenditure was 1 in 2020. ▬ Flat
Subsidies, payable, Ratio of this level of government's expenditure in Kiribati, 2011–2020
Source: International Monetary Fund.
Analysis
Kiribati recorded 1 for subsidies, payable, ratio of this level of government's expenditure in 2020. That is the highest value across all 10 years on record.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, subsidies, payable, ratio of this level of government's expenditure in Kiribati peaked at 1 in 2011 and was at its lowest, 1, in 2011.
Kiribati ranks 1st of 75 countries on this measure, in the top 10%.
Subsidies, payable, Ratio of this level of government's expenditure in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 1 | — |
| 2012 | 1 | +0.0% |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Kiribati compared with similar countries
- Kiribati's 1 is above the median for lower middle income countries, which is 0.9934, 1.0× the median. (6 countries reporting)
- Kiribati's 1 is above the median for East Asia & Pacific, which is 0.979, 1.0× the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 9 |
| 2020s | 1 | 1 | 1 | 1 |
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 subsidies, payable, ratio of this level of government's expenditure in Kiribati?
- Subsidies, payable, ratio of this level of government's expenditure in Kiribati was 1 in 2020, according to International Monetary Fund.
- What is the highest subsidies, payable, ratio of this level of government's expenditure recorded in Kiribati?
- The highest recorded value was 1 in 2011.
- What is the lowest subsidies, payable, ratio of this level of government's expenditure recorded in Kiribati?
- The lowest recorded value was 1 in 2011.
- How does Kiribati rank for subsidies, payable, ratio of this level of government's expenditure?
- Kiribati ranks 1st out of 75 countries with data for 2020.
- Is subsidies, payable, ratio of this level of government's expenditure rising or falling in Kiribati?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Subsidies, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.