Taxes on goods and services (current LCU), per unit of GDP in Kiribati
Kiribati: Taxes on goods and services (current LCU), per unit of GDP was 0.158 current LCU per US$ of GDP in 2023. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Kiribati, 2011–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2023, taxes on goods and services (current lcu), per unit of gdp in Kiribati stood at 0.158 current LCU per US$ of GDP.
Compared with earlier readings it is down 6.5% on the previous year and up 2,269.3% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Kiribati peaked at 0.1977 current LCU per US$ of GDP in 2019 and was at its lowest, 0.0004 current LCU per US$ of GDP, in 2011.
That places Kiribati 112th out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2011 | 0.0004 current LCU per US$ of GDP | — |
| 2012 | 0.0023 current LCU per US$ of GDP | +505.6% |
| 2013 | 0.0067 current LCU per US$ of GDP | +189.2% |
| 2014 | 0.0737 current LCU per US$ of GDP | +1005.8% |
| 2015 | 0.1608 current LCU per US$ of GDP | +118.0% |
| 2016 | 0.1878 current LCU per US$ of GDP | +16.8% |
| 2017 | 0.138 current LCU per US$ of GDP | -26.5% |
| 2018 | 0.1467 current LCU per US$ of GDP | +6.3% |
| 2019 | 0.1977 current LCU per US$ of GDP | +34.8% |
| 2020 | 0.1893 current LCU per US$ of GDP | -4.3% |
| 2021 | 0.1654 current LCU per US$ of GDP | -12.6% |
| 2022 | 0.169 current LCU per US$ of GDP | +2.2% |
| 2023 | 0.158 current LCU per US$ of GDP | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1016 current LCU per US$ of GDP | 0.0004 current LCU per US$ of GDP | 0.1977 current LCU per US$ of GDP | 9 |
| 2020s | 0.1704 current LCU per US$ of GDP | 0.158 current LCU per US$ of GDP | 0.1893 current LCU per US$ of GDP | 4 |
Countries ranked near Kiribati
- 109 Papua New Guinea 0.1727 current LCU per US$ of GDP compare
- 110 Saint Kitts and Nevis 0.1681 current LCU per US$ of GDP compare
- 111 Croatia 0.1655 current LCU per US$ of GDP compare
- 113 New Zealand 0.1496 current LCU per US$ of GDP compare
- 114 Azerbaijan 0.1474 current LCU per US$ of GDP compare
- 115 Tunisia 0.1464 current LCU per US$ of GDP
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), per unit of gdp in Kiribati?
- Taxes on goods and services (current lcu), per unit of gdp in Kiribati was 0.158 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.1977 current LCU per US$ of GDP in 2019.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was 0.0004 current LCU per US$ of GDP in 2011.
- How does Kiribati rank for taxes on goods and services (current lcu), per unit of gdp?
- Kiribati ranks 112th out of 157 countries with data for 2023.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is up 2,269.3%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.