Revenue, excluding grants in Kiribati
Kiribati: Revenue, excluding grants was 80.2% in 2023. ▲ Rising
Revenue, excluding grants in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Kiribati recorded 80.2% for revenue, excluding grants in 2023.
Compared with earlier readings it is up 21.9% on the previous year and up 13.6% over ten years.
Over the whole period, revenue, excluding grants in Kiribati peaked at 107.6% in 2015 and was at its lowest, 50.7%, in 2011.
That places Kiribati 2nd out of 157 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 13 years of available data.
Revenue, excluding grants in Kiribati, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 50.7% | — |
| 2012 | 62.4% | +23.1% |
| 2013 | 70.6% | +13.3% |
| 2014 | 87.0% | +23.2% |
| 2015 | 107.6% | +23.7% |
| 2016 | 79.9% | -25.7% |
| 2017 | 83.6% | +4.6% |
| 2018 | 95.3% | +14.0% |
| 2019 | 103.0% | +8.1% |
| 2020 | 89.0% | -13.6% |
| 2021 | 75.6% | -15.1% |
| 2022 | 65.8% | -12.9% |
| 2023 | 80.2% | +21.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 82.2% | 50.7% | 107.6% | 9 |
| 2020s | 77.7% | 65.8% | 89.0% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 3,485 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 12.87 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.93 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 4,917 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 13.63 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 2.92 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 7,451 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.1 % change on previous year (2024)
Frequently asked questions
- What is revenue, excluding grants in Kiribati?
- Revenue, excluding grants in Kiribati was 80.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Kiribati?
- The highest recorded value was 107.6% in 2015.
- What is the lowest revenue, excluding grants recorded in Kiribati?
- The lowest recorded value was 50.7% in 2011.
- How does Kiribati rank for revenue, excluding grants?
- Kiribati ranks 2nd out of 157 countries with data for 2023.
- Is revenue, excluding grants rising or falling in Kiribati?
- Over the last ten years it is up 13.6%. 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 Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.