Taxes on goods and services in Kiribati
Kiribati: Taxes on goods and services was 46.08 million current LCU in 2023. ◆ Volatile
Taxes on goods and services in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, taxes on goods and services in Kiribati stood at 46.08 million current LCU.
The figure is up 0.5% on the previous year and up 3,325.4% over ten years.
Over the whole period, taxes on goods and services in Kiribati peaked at 47.21 million current LCU in 2021 and was at its lowest, 74,622 current LCU, in 2011.
That places Kiribati 151st out of 157 countries with data for 2023, 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 |
|---|---|---|---|---|
| 2010s | 21.58 million current LCU | 74,622 current LCU | 42.88 million current LCU | 9 |
| 2020s | 45.24 million current LCU | 41.81 million current LCU | 47.21 million current LCU | 4 |
Countries ranked near Kiribati
- 148 Saint Kitts and Nevis 148.60 million current LCU compare
- 149 San Marino 147.33 million current LCU compare
- 150 East Timor 100.98 million current LCU compare
- 152 Palau 18.08 million current LCU compare
- 153 Marshall Islands 14.36 million current LCU compare
- 154 Nauru 8.93 million current LCU compare
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 taxes on goods and services in Kiribati?
- Taxes on goods and services in Kiribati was 46.08 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Kiribati?
- The highest recorded value was 47.21 million current LCU in 2021.
- What is the lowest taxes on goods and services recorded in Kiribati?
- The lowest recorded value was 74,622 current LCU in 2011.
- How does Kiribati rank for taxes on goods and services?
- Kiribati ranks 151st out of 157 countries with data for 2023.
- Is taxes on goods and services rising or falling in Kiribati?
- Over the last ten years it is up 3,325.4%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.