Tax revenue in Kiribati
Kiribati: Tax revenue was 76.97 million current LCU in 2023. ▲ Rising
Tax revenue in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, tax revenue in Kiribati stood at 76.97 million current LCU.
That represents a change of down 2.4% on the previous year and up 122.5% over ten years.
Over the whole period, tax revenue in Kiribati peaked at 82.95 million current LCU in 2021 and was at its lowest, 31.06 million current LCU, in 2011.
Kiribati ranks 152nd of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 47.11 million current LCU | 31.06 million current LCU | 69.60 million current LCU | 9 |
| 2020s | 76.97 million current LCU | 69.09 million current LCU | 82.95 million current LCU | 4 |
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 tax revenue in Kiribati?
- Tax revenue in Kiribati was 76.97 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Kiribati?
- The highest recorded value was 82.95 million current LCU in 2021.
- What is the lowest tax revenue recorded in Kiribati?
- The lowest recorded value was 31.06 million current LCU in 2011.
- How does Kiribati rank for tax revenue?
- Kiribati ranks 152nd out of 157 countries with data for 2023.
- Is tax revenue rising or falling in Kiribati?
- Over the last ten years it is up 122.5%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.