Taxes less subsidies on products (constant LCU), per unit of GDP in Kiribati
Kiribati: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.003 constant LCU per US$ of GDP in 2024. ◆ Volatile
Taxes less subsidies on products (constant LCU), per unit of GDP in Kiribati, 1979–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Kiribati is 0.003 constant LCU per US$ of GDP, measured in 2024.
The figure is down 84.2% on the previous year and up 125.9% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Kiribati peaked at 0.3391 constant LCU per US$ of GDP in 1987 and was at its lowest, -0.1945 constant LCU per US$ of GDP, in 1994.
That places Kiribati 182nd out of 189 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.
Taxes less subsidies on products (constant LCU), per unit of GDP in Kiribati, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.1867 constant LCU per US$ of GDP | — |
| 1980 | 0.1336 constant LCU per US$ of GDP | -28.4% |
| 1981 | 0.1324 constant LCU per US$ of GDP | -0.9% |
| 1982 | 0.0684 constant LCU per US$ of GDP | -48.3% |
| 1983 | 0.1204 constant LCU per US$ of GDP | +75.9% |
| 1984 | 0.1467 constant LCU per US$ of GDP | +21.9% |
| 1985 | 0.1593 constant LCU per US$ of GDP | +8.6% |
| 1986 | 0.2699 constant LCU per US$ of GDP | +69.4% |
| 1987 | 0.3391 constant LCU per US$ of GDP | +25.6% |
| 1988 | 0.2516 constant LCU per US$ of GDP | -25.8% |
| 1989 | 0.2548 constant LCU per US$ of GDP | +1.3% |
| 1990 | 0.2871 constant LCU per US$ of GDP | +12.7% |
| 1991 | -0.1842 constant LCU per US$ of GDP | -164.1% |
| 1992 | -0.1559 constant LCU per US$ of GDP | -15.3% |
| 1993 | -0.1653 constant LCU per US$ of GDP | +6.0% |
| 1994 | -0.1945 constant LCU per US$ of GDP | +17.7% |
| 1995 | -0.1441 constant LCU per US$ of GDP | -25.9% |
| 1996 | -0.0751 constant LCU per US$ of GDP | -47.9% |
| 1997 | 0.0521 constant LCU per US$ of GDP | -169.4% |
| 1998 | -0.0825 constant LCU per US$ of GDP | -258.3% |
| 1999 | -0.152 constant LCU per US$ of GDP | +84.3% |
| 2000 | 0.0759 constant LCU per US$ of GDP | -150.0% |
| 2001 | 0.041 constant LCU per US$ of GDP | -46.0% |
| 2002 | 0.0891 constant LCU per US$ of GDP | +117.1% |
| 2003 | -0.0248 constant LCU per US$ of GDP | -127.9% |
| 2004 | -0.0511 constant LCU per US$ of GDP | +106.0% |
| 2005 | 0.0545 constant LCU per US$ of GDP | -206.5% |
| 2006 | -0.0041 constant LCU per US$ of GDP | -107.6% |
| 2007 | 0.0176 constant LCU per US$ of GDP | -525.9% |
| 2008 | -0.0281 constant LCU per US$ of GDP | -260.2% |
| 2009 | 0.0092 constant LCU per US$ of GDP | -132.7% |
| 2010 | 0.0239 constant LCU per US$ of GDP | +160.2% |
| 2011 | -0.0146 constant LCU per US$ of GDP | -161.0% |
| 2012 | -0.0273 constant LCU per US$ of GDP | +86.9% |
| 2013 | 0.0065 constant LCU per US$ of GDP | -123.8% |
| 2014 | -0.0116 constant LCU per US$ of GDP | -278.6% |
| 2015 | 0.0577 constant LCU per US$ of GDP | -598.0% |
| 2016 | 0.0331 constant LCU per US$ of GDP | -42.5% |
| 2017 | -0.019 constant LCU per US$ of GDP | -157.4% |
| 2018 | 0.0378 constant LCU per US$ of GDP | -298.5% |
| 2019 | -0.0108 constant LCU per US$ of GDP | -128.5% |
| 2020 | -0.0215 constant LCU per US$ of GDP | +99.9% |
| 2021 | 0.0173 constant LCU per US$ of GDP | -180.5% |
| 2022 | 0.0253 constant LCU per US$ of GDP | +46.2% |
| 2023 | 0.019 constant LCU per US$ of GDP | -25.0% |
| 2024 | 0.003 constant LCU per US$ of GDP | -84.2% |
Kiribati compared with similar countries
- Kiribati's 0.003 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 1.91 constant LCU per US$ of GDP, 0% of the median. (46 countries reporting)
- Kiribati's 0.003 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 2% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1867 constant LCU per US$ of GDP | 0.1867 constant LCU per US$ of GDP | 0.1867 constant LCU per US$ of GDP | 1 |
| 1980s | 0.1876 constant LCU per US$ of GDP | 0.0684 constant LCU per US$ of GDP | 0.3391 constant LCU per US$ of GDP | 10 |
| 1990s | -0.0814 constant LCU per US$ of GDP | -0.1945 constant LCU per US$ of GDP | 0.2871 constant LCU per US$ of GDP | 10 |
| 2000s | 0.0179 constant LCU per US$ of GDP | -0.0511 constant LCU per US$ of GDP | 0.0891 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0076 constant LCU per US$ of GDP | -0.0273 constant LCU per US$ of GDP | 0.0577 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0086 constant LCU per US$ of GDP | -0.0215 constant LCU per US$ of GDP | 0.0253 constant LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 179 Bahrain 0.0148 constant LCU per US$ of GDP compare
- 180 Sudan 0.0054 constant LCU per US$ of GDP compare
- 181 Cuba 0.0039 constant LCU per US$ of GDP compare
- 183 Isle of Man 0.0029 constant LCU per US$ of GDP compare
- 184 Channel Islands 0 constant LCU per US$ of GDP
- 185 Oman -0.0044 constant LCU per US$ of GDP compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Kiribati?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Kiribati was 0.003 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.3391 constant LCU per US$ of GDP in 1987.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was -0.1945 constant LCU per US$ of GDP in 1994.
- How does Kiribati rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Kiribati ranks 182nd out of 189 countries with data for 2024.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is up 125.9%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.