Interest payments in Kiribati
Kiribati: Interest payments was 2.77 million current LCU in 2023. ◆ Volatile
Interest payments in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, interest payments in Kiribati stood at 2.77 million current LCU.
Compared with earlier readings it is up 6.1% on the previous year and up 50.8% over ten years.
Over the whole period, interest payments in Kiribati peaked at 6.43 million current LCU in 2012 and was at its lowest, 150,000 current LCU, in 2016.
Kiribati ranks 150th of 155 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.76 million current LCU | 150,000 current LCU | 6.43 million current LCU | 9 |
| 2020s | 2.63 million current LCU | 2.51 million current LCU | 2.77 million current LCU | 3 |
Countries ranked near Kiribati
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 interest payments in Kiribati?
- Interest payments in Kiribati was 2.77 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Kiribati?
- The highest recorded value was 6.43 million current LCU in 2012.
- What is the lowest interest payments recorded in Kiribati?
- The lowest recorded value was 150,000 current LCU in 2016.
- How does Kiribati rank for interest payments?
- Kiribati ranks 150th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Kiribati?
- Over the last ten years it is up 50.8%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign 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.