Value-added tax (VAT), Ratio of this level of government's revenue in Kiribati
Kiribati: Value-added tax (VAT), Ratio of this level of government's revenue was 1 in 2020. ▬ Flat
Value-added tax (VAT), Ratio of this level of government's revenue in Kiribati, 2014–2020
Source: International Monetary Fund.
Analysis
The most recent figure for value-added tax (vat), ratio of this level of government's revenue in Kiribati is 1, measured in 2020. That is the highest value across all 7 years on record.
The figure is unchanged over ten years.
That places Kiribati 3rd out of 70 countries with data for 2020, putting it in the top 10%.
Value-added tax (VAT), Ratio of this level of government's revenue in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 1 | — |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Kiribati compared with similar countries
- Kiribati's 1 is above the median for lower middle income countries, which is 1, 1.0× the median. (5 countries reporting)
- Kiribati's 1 is above the median for East Asia & Pacific, which is 0.9487, 1.1× the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 6 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Kiribati
- 1 North Macedonia 1 compare
- 2 Guatemala 1 compare
- 3 Albania 1 compare
- 3 Armenia 1 compare
- 3 Australia 1 compare
- 3 Austria 1 compare
- 3 Belgium 1 compare
- 3 Bulgaria 1 compare
- 3 Switzerland 1 compare
- 3 Chile 1 compare
- 3 Cape Verde 1
- 3 Cyprus 1 compare
- 3 Denmark 1 compare
- 3 Estonia 1 compare
- 3 Finland 1 compare
- 3 United Kingdom 1 compare
- 3 Georgia 1 compare
- 3 Greece 1 compare
- 3 Honduras 1
- 3 Croatia 1 compare
- 3 Hungary 1 compare
- 3 Indonesia 1 compare
- 3 Ireland 1 compare
- 3 Iceland 1 compare
- 3 Israel 1 compare
- 3 Italy 1 compare
- 3 Kazakhstan 1 compare
- 3 Kenya 1 compare
- 3 Kyrgyzstan 1 compare
- 3 Lithuania 1 compare
- 3 Luxembourg 1 compare
- 3 Latvia 1 compare
- 3 Mexico 1 compare
- 3 Malta 1 compare
- 3 Mongolia 1 compare
- 3 Mauritius 1 compare
- 3 Netherlands 1 compare
- 3 Norway 1 compare
- 3 Peru 1 compare
- 3 Poland 1 compare
- 3 Paraguay 1 compare
- 3 Romania 1 compare
- 3 Rwanda 1 compare
- 3 El Salvador 1 compare
- 3 Serbia 1 compare
- 3 Slovakia 1 compare
- 3 Slovenia 1 compare
- 3 Sweden 1 compare
- 3 Turkey 1 compare
- 3 Uganda 1 compare
- 3 Ukraine 1 compare
- 3 South Africa 1 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 value-added tax (vat), ratio of this level of government's revenue in Kiribati?
- Value-added tax (vat), ratio of this level of government's revenue in Kiribati was 1 in 2020, according to International Monetary Fund.
- What is the highest value-added tax (vat), ratio of this level of government's revenue recorded in Kiribati?
- The highest recorded value was 1 in 2014.
- What is the lowest value-added tax (vat), ratio of this level of government's revenue recorded in Kiribati?
- The lowest recorded value was 1 in 2014.
- How does Kiribati rank for value-added tax (vat), ratio of this level of government's revenue?
- Kiribati ranks 3rd out of 70 countries with data for 2020.
- Is value-added tax (vat), ratio of this level of government's revenue rising or falling in Kiribati?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Value-added tax (VAT), Ratio of this level of government's revenue from this item to total general government revenue from this item, 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.