Transfer dependency method 1, Ratio of net transfers to own spending in Kiribati
Kiribati: Transfer dependency method 1, Ratio of net transfers to own spending was 0.192 in 2020. ◆ Volatile
Transfer dependency method 1, Ratio of net transfers to own spending in Kiribati, 2010–2020
Source: International Monetary Fund.
Analysis
Kiribati recorded 0.192 for transfer dependency method 1, ratio of net transfers to own spending in 2020.
The figure is up 221.0% on the previous year and up 73.5% over ten years.
Over the whole period, transfer dependency method 1, ratio of net transfers to own spending in Kiribati peaked at 0.2011 in 2018 and was at its lowest, 0.0181, in 2017.
Kiribati ranks 4th of 64 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Transfer dependency method 1, Ratio of net transfers to own spending in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.1107 | — |
| 2011 | 0.0949 | -14.3% |
| 2012 | 0.0929 | -2.1% |
| 2013 | 0.1791 | +92.8% |
| 2014 | 0.195 | +8.9% |
| 2015 | 0.0727 | -62.7% |
| 2016 | 0.0683 | -6.1% |
| 2017 | 0.0181 | -73.6% |
| 2018 | 0.2011 | +1013.9% |
| 2019 | 0.0598 | -70.3% |
| 2020 | 0.192 | +221.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1092 | 0.0181 | 0.2011 | 10 |
| 2020s | 0.192 | 0.192 | 0.192 | 1 |
Countries ranked near Kiribati
- 1 Afghanistan 0.7329 compare
- 2 Marshall Islands 0.4678 compare
- 3 Palau 0.3618 compare
- 5 United Arab Emirates 0.1632 compare
- 6 Senegal 0.0462 compare
- 7 Armenia 0.0185 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 transfer dependency method 1, ratio of net transfers to own spending in Kiribati?
- Transfer dependency method 1, ratio of net transfers to own spending in Kiribati was 0.192 in 2020, according to International Monetary Fund.
- What is the highest transfer dependency method 1, ratio of net transfers to own spending recorded in Kiribati?
- The highest recorded value was 0.2011 in 2018.
- What is the lowest transfer dependency method 1, ratio of net transfers to own spending recorded in Kiribati?
- The lowest recorded value was 0.0181 in 2017.
- How does Kiribati rank for transfer dependency method 1, ratio of net transfers to own spending?
- Kiribati ranks 4th out of 64 countries with data for 2020.
- Is transfer dependency method 1, ratio of net transfers to own spending rising or falling in Kiribati?
- Over the last ten years it is up 73.5%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Transfer dependency method 1, Ratio of net transfers to own spending, 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.