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.
Expense in Kiribati, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 59.3% | — |
| 2012 | 62.2% | +4.9% |
| 2013 | 60.2% | -3.2% |
| 2014 | 55.2% | -8.2% |
| 2015 | 58.7% | +6.3% |
| 2016 | 61.4% | +4.5% |
| 2017 | 64.4% | +4.8% |
| 2018 | 61.6% | -4.3% |
| 2019 | 70.1% | +13.8% |
| 2020 | 76.0% | +8.4% |
| 2021 | 84.1% | +10.7% |
| 2022 | 81.5% | -3.0% |
| 2023 | 83.7% | +2.6% |
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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8241 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,109 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.22 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.13 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 2,894 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 2.96 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.6283 current US$ per US$ of GDP (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.
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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.