Taxes less subsidies on products in Kiribati
Kiribati: Taxes less subsidies on products was 1.03 million constant LCU in 2024. ◆ Volatile
Latest (2024)
1.03 million constant LCU
Change on year
down 81.4%
World rank
182nd
of 187 countries
All-time high
11.05 million constant LCU
in 2015
All-time low
-13.04 million constant LCU
in 1994
Years of data
46
1979–2024
Taxes less subsidies on products in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Kiribati is 1.03 million constant LCU, measured in 2024.
Compared with earlier readings it is down 81.4% on the previous year and up 144.4% over ten years.
Over the whole period, taxes less subsidies on products in Kiribati peaked at 11.05 million constant LCU in 2015 and was at its lowest, -13.04 million constant LCU, in 1994.
Kiribati ranks 182nd of 187 countries on this measure, 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 in Kiribati, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1979 | 6.43 million constant LCU | — |
| 1980 | 4.43 million constant LCU | -31.2% |
| 1981 | 4.67 million constant LCU | +5.4% |
| 1982 | 2.24 million constant LCU | -52.0% |
| 1983 | 3.73 million constant LCU | +66.5% |
| 1984 | 5.05 million constant LCU | +35.2% |
| 1985 | 4.16 million constant LCU | -17.5% |
| 1986 | 7.02 million constant LCU | +68.6% |
| 1987 | 10.02 million constant LCU | +42.8% |
| 1988 | 9.63 million constant LCU | -3.9% |
| 1989 | 9.59 million constant LCU | -0.4% |
| 1990 | 10.49 million constant LCU | +9.4% |
| 1991 | -7.60 million constant LCU | -172.4% |
| 1992 | -9.59 million constant LCU | +26.2% |
| 1993 | -9.75 million constant LCU | +1.6% |
| 1994 | -13.04 million constant LCU | +33.8% |
| 1995 | -9.89 million constant LCU | -24.2% |
| 1996 | -6.12 million constant LCU | -38.1% |
| 1997 | 4.18 million constant LCU | -168.3% |
| 1998 | -6.18 million constant LCU | -247.8% |
| 1999 | -11.75 million constant LCU | +90.2% |
| 2000 | 5.69 million constant LCU | -148.4% |
| 2001 | 2.66 million constant LCU | -53.2% |
| 2002 | 6.66 million constant LCU | +149.9% |
| 2003 | -2.39 million constant LCU | -135.8% |
| 2004 | -5.32 million constant LCU | +123.1% |
| 2005 | 6.20 million constant LCU | -216.5% |
| 2006 | -463,400 constant LCU | -107.5% |
| 2007 | 2.43 million constant LCU | -623.3% |
| 2008 | -4.14 million constant LCU | -270.6% |
| 2009 | 1.29 million constant LCU | -131.2% |
| 2010 | 3.96 million constant LCU | +207.1% |
| 2011 | -2.86 million constant LCU | -172.3% |
| 2012 | -5.65 million constant LCU | +97.4% |
| 2013 | 1.31 million constant LCU | -123.2% |
| 2014 | -2.32 million constant LCU | -277.3% |
| 2015 | 11.05 million constant LCU | -576.3% |
| 2016 | 6.84 million constant LCU | -38.1% |
| 2017 | -4.24 million constant LCU | -162.0% |
| 2018 | 8.83 million constant LCU | -308.1% |
| 2019 | -2.33 million constant LCU | -126.4% |
| 2020 | -4.75 million constant LCU | +103.6% |
| 2021 | 4.94 million constant LCU | -204.1% |
| 2022 | 6.87 million constant LCU | +38.9% |
| 2023 | 5.54 million constant LCU | -19.3% |
| 2024 | 1.03 million constant LCU | -81.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.43 million constant LCU | 6.43 million constant LCU | 6.43 million constant LCU | 1 |
| 1980s | 6.05 million constant LCU | 2.24 million constant LCU | 10.02 million constant LCU | 10 |
| 1990s | -5.92 million constant LCU | -13.04 million constant LCU | 10.49 million constant LCU | 10 |
| 2000s | 1.26 million constant LCU | -5.32 million constant LCU | 6.66 million constant LCU | 10 |
| 2010s | 1.46 million constant LCU | -5.65 million constant LCU | 11.05 million constant LCU | 10 |
| 2020s | 2.73 million constant LCU | -4.75 million constant LCU | 6.87 million constant LCU | 5 |
Countries ranked near Kiribati
- 179 Micronesia (country) 22.51 million constant LCU compare
- 180 Isle of Man 21.74 million constant LCU compare
- 181 Marshall Islands 7.02 million constant LCU compare
- 183 East Timor -12.20 million constant LCU compare
- 184 Brunei -374.30 million constant LCU compare
- 185 Oman -485.30 million constant LCU 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)
- Industry (including construction), value added (constant 2015 US$) 21.1 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.105 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 267.78 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 21.1 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.1394 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 355.51 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 22.91 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7028 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products in Kiribati?
- Taxes less subsidies on products in Kiribati was 1.03 million constant LCU 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 11.05 million constant LCU in 2015.
- What is the lowest taxes less subsidies on products recorded in Kiribati?
- The lowest recorded value was -13.04 million constant LCU in 1994.
- How does Kiribati rank for taxes less subsidies on products?
- Kiribati ranks 182nd out of 187 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Kiribati?
- Over the last ten years it is up 144.4%. 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 (constant LCU). 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.