Vertical fiscal imbalance, Percent (Central government) in Kiribati
Kiribati: Vertical fiscal imbalance, Percent (Central government) was -0.119 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Kiribati, 2010–2020
Source: International Monetary Fund.
Analysis
Kiribati recorded -0.119 for vertical fiscal imbalance, percent in 2020.
The figure is up 5.5% on the previous year and down 2,192.8% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Kiribati peaked at 0.1994 in 2011 and was at its lowest, -0.7279, in 2015.
That places Kiribati 40th out of 64 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent (Central government) in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 0.0057 | — |
| 2011 | 0.1994 | +3407.1% |
| 2012 | 0.0432 | -78.3% |
| 2013 | -0.1183 | -373.9% |
| 2014 | -0.4941 | +317.6% |
| 2015 | -0.7279 | +47.3% |
| 2016 | -0.2135 | -70.7% |
| 2017 | -0.1832 | -14.2% |
| 2018 | -0.4653 | +153.9% |
| 2019 | -0.126 | -72.9% |
| 2020 | -0.119 | -5.5% |
Kiribati compared with similar countries
- Kiribati's -0.119 is below the median for lower middle income countries, which is -0.0607, 2.0× the median. (8 countries reporting)
- Kiribati's -0.119 is below the median for East Asia & Pacific, which is 0.0889. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.208 | -0.7279 | 0.1994 | 10 |
| 2020s | -0.119 | -0.119 | -0.119 | 1 |
Countries ranked near Kiribati
More public sector data for Kiribati
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is vertical fiscal imbalance, percent in Kiribati?
- Vertical fiscal imbalance, percent in Kiribati was -0.119 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Kiribati?
- The highest recorded value was 0.1994 in 2011.
- What is the lowest vertical fiscal imbalance, percent recorded in Kiribati?
- The lowest recorded value was -0.7279 in 2015.
- How does Kiribati rank for vertical fiscal imbalance, percent?
- Kiribati ranks 40th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Kiribati?
- Over the last ten years it is down 2,192.8%. 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 Vertical fiscal imbalance, 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.