Taxes less subsidies on products in Kiribati
Kiribati: Taxes less subsidies on products was -6.90 million current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Kiribati stood at -6.90 million current US$. That is the lowest value across all 46 years on record.
Compared with earlier readings it is down 7.8% on the previous year and down 225.8% over ten years.
Over the whole period, taxes less subsidies on products in Kiribati peaked at 10.81 million current US$ in 2005 and was at its lowest, -6.90 million current US$, in 2024.
That places Kiribati 193rd out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.90 million current US$ | 1.90 million current US$ | 1.90 million current US$ | 1 |
| 1980s | 2.10 million current US$ | 794,228 current US$ | 3.81 million current US$ | 10 |
| 1990s | 3.68 million current US$ | 2.41 million current US$ | 6.10 million current US$ | 10 |
| 2000s | 7.85 million current US$ | 4.28 million current US$ | 10.81 million current US$ | 10 |
| 2010s | 4.38 million current US$ | -5.38 million current US$ | 9.56 million current US$ | 10 |
| 2020s | -3.18 million current US$ | -6.90 million current US$ | 4.30 million current US$ | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Exports of goods and services 23.48 million current LCU (2024)
- Industry (including construction), value added 21.1% (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 36.02 million constant 2015 US$ (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
- Exports of goods and services 4.5% (2024)
Frequently asked questions
- What is taxes less subsidies on products in Kiribati?
- Taxes less subsidies on products in Kiribati was -6.90 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Kiribati?
- The highest recorded value was 10.81 million current US$ in 2005.
- What is the lowest taxes less subsidies on products recorded in Kiribati?
- The lowest recorded value was -6.90 million current US$ in 2024.
- How does Kiribati rank for taxes less subsidies on products?
- Kiribati ranks 193rd out of 198 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Kiribati?
- Over the last ten years it is down 225.8%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.