Taxes on goods and services (current LCU), annual growth rate in Kiribati
Kiribati: Taxes on goods and services (current LCU), annual growth rate was 0.5199 % change on previous year in 2023. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Kiribati, 2012–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kiribati recorded 0.5199 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2023.
Compared with earlier readings it is up 117.8% on the previous year and down 99.7% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Kiribati peaked at 997.9 % change on previous year in 2014 and was at its lowest, -20.62 % change on previous year, in 2017.
That places Kiribati 132nd out of 156 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.
Taxes on goods and services (current LCU), annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2012 | 539.66 % change on previous year | — |
| 2013 | 181.81 % change on previous year | -66.3% |
| 2014 | 997.9 % change on previous year | +448.9% |
| 2015 | 108.53 % change on previous year | -89.1% |
| 2016 | 25.93 % change on previous year | -76.1% |
| 2017 | -20.62 % change on previous year | -179.5% |
| 2018 | 11.45 % change on previous year | -155.5% |
| 2019 | 24.97 % change on previous year | +118.1% |
| 2020 | -2.49 % change on previous year | -110.0% |
| 2021 | 12.91 % change on previous year | -619.1% |
| 2022 | -2.91 % change on previous year | -122.6% |
| 2023 | 0.5199 % change on previous year | -117.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 233.71 % change on previous year | -20.62 % change on previous year | 997.9 % change on previous year | 8 |
| 2020s | 2.01 % change on previous year | -2.91 % change on previous year | 12.91 % change on previous year | 4 |
Countries ranked near Kiribati
- 129 Australia 1.15 % change on previous year compare
- 130 Slovakia 0.8526 % change on previous year compare
- 131 Saint Vincent and the Grenadines 0.5222 % change on previous year compare
- 133 France 0.4709 % change on previous year compare
- 134 Kuwait 0 % change on previous year
- 135 Belgium -0.6602 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Kiribati?
- Taxes on goods and services (current lcu), annual growth rate in Kiribati was 0.5199 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 997.9 % change on previous year in 2014.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -20.62 % change on previous year in 2017.
- How does Kiribati rank for taxes on goods and services (current lcu), annual growth rate?
- Kiribati ranks 132nd out of 156 countries with data for 2023.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is down 99.7%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.