Tax revenue in Kiribati
Kiribati: Tax revenue was 17.5% in 2023. ▲ Rising
Tax revenue in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, tax revenue in Kiribati stood at 17.5%.
Compared with earlier readings it is down 13.1% on the previous year and up 5.9% over ten years.
Over the whole period, tax revenue in Kiribati peaked at 22.3% in 2019 and was at its lowest, 15.9%, in 2014.
Kiribati ranks 73rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Tax revenue in Kiribati, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 16.3% | — |
| 2012 | 16.8% | +3.0% |
| 2013 | 16.6% | -1.7% |
| 2014 | 15.9% | -3.8% |
| 2015 | 19.7% | +23.9% |
| 2016 | 21.5% | +9.1% |
| 2017 | 18.4% | -14.3% |
| 2018 | 17.9% | -3.0% |
| 2019 | 22.3% | +24.7% |
| 2020 | 21.5% | -3.5% |
| 2021 | 21.8% | +1.4% |
| 2022 | 20.2% | -7.6% |
| 2023 | 17.5% | -13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.4% | 15.9% | 22.3% | 9 |
| 2020s | 20.3% | 17.5% | 21.8% | 4 |
Countries ranked near Kiribati
More public sector data for Kiribati
- 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)
- Taxes on international trade 0.5% (2023)
Frequently asked questions
- What is tax revenue in Kiribati?
- Tax revenue in Kiribati was 17.5% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Kiribati?
- The highest recorded value was 22.3% in 2019.
- What is the lowest tax revenue recorded in Kiribati?
- The lowest recorded value was 15.9% in 2014.
- How does Kiribati rank for tax revenue?
- Kiribati ranks 73rd out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Kiribati?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.