Taxes on international trade in Kiribati
Kiribati: Taxes on international trade was 1.79 million current LCU in 2023. ◆ Volatile
Taxes on international trade in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kiribati recorded 1.79 million current LCU for taxes on international trade in 2023.
That represents a change of down 71.0% on the previous year and down 91.3% over ten years.
Over the whole period, taxes on international trade in Kiribati peaked at 20.55 million current LCU in 2013 and was at its lowest, 1.10 million current LCU, in 2018.
That places Kiribati 145th out of 155 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 international trade in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 19.15 million current LCU | — |
| 2012 | 18.98 million current LCU | -0.9% |
| 2013 | 20.55 million current LCU | +8.3% |
| 2014 | 6.96 million current LCU | -66.1% |
| 2015 | 3.24 million current LCU | -53.5% |
| 2016 | 3.24 million current LCU | +0.0% |
| 2017 | 4.90 million current LCU | +51.2% |
| 2018 | 1.10 million current LCU | -77.5% |
| 2019 | 5.23 million current LCU | +374.8% |
| 2020 | 5.21 million current LCU | -0.3% |
| 2021 | 9.43 million current LCU | +80.9% |
| 2022 | 6.15 million current LCU | -34.8% |
| 2023 | 1.79 million current LCU | -71.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.26 million current LCU | 1.10 million current LCU | 20.55 million current LCU | 9 |
| 2020s | 5.64 million current LCU | 1.79 million current LCU | 9.43 million current LCU | 4 |
Countries ranked near Kiribati
- 142 Micronesia (Federated States of) 6.20 million current LCU compare
- 143 Netherlands 4.54 million current LCU
- 144 San Marino 2.33 million current LCU compare
- 146 Romania 1.60 million current LCU compare
- 147 Finland 1.00 million current LCU
- 148 Estonia 780,000 current LCU
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 international trade in Kiribati?
- Taxes on international trade in Kiribati was 1.79 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Kiribati?
- The highest recorded value was 20.55 million current LCU in 2013.
- What is the lowest taxes on international trade recorded in Kiribati?
- The lowest recorded value was 1.10 million current LCU in 2018.
- How does Kiribati rank for taxes on international trade?
- Kiribati ranks 145th out of 155 countries with data for 2023.
- Is taxes on international trade rising or falling in Kiribati?
- Over the last ten years it is down 91.3%. 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 Taxes on international trade (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
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.