Expense in Kiribati
Kiribati: Expense was 83.7% in 2023. ▲ Rising
Expense in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Kiribati stood at 83.7%.
Compared with earlier readings it is up 2.6% on the previous year and up 39.0% over ten years.
Over the whole period, expense in Kiribati peaked at 84.1% in 2021 and was at its lowest, 55.2%, in 2014.
Kiribati ranks 2nd of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 61.5% | 55.2% | 70.1% | 9 |
| 2020s | 81.3% | 76.0% | 84.1% | 4 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Exports of goods and services 11.62 million constant 2015 US$ (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 47.82 million constant LCU (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Exports of goods and services 23.48 million current LCU (2024)
- Gross fixed capital formation 150.99 million current LCU (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
Frequently asked questions
- What is expense in Kiribati?
- Expense in Kiribati was 83.7% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Kiribati?
- The highest recorded value was 84.1% in 2021.
- What is the lowest expense recorded in Kiribati?
- The lowest recorded value was 55.2% in 2014.
- How does Kiribati rank for expense?
- Kiribati ranks 2nd out of 157 countries with data for 2023.
- Is expense rising or falling in Kiribati?
- Over the last ten years it is up 39.0%. The long-run trend across the full record is rising.
- 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 Expense (% of GDP). 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
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.