Taxes less subsidies on products (current LCU), annual growth rate in Kiribati
Kiribati: Taxes less subsidies on products (current LCU), annual growth rate was -8.54 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Kiribati, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current lcu), annual growth rate in Kiribati is -8.54 % change on previous year, measured in 2024.
That represents a change of up 87.6% on the previous year and up 71.0% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Kiribati peaked at 233.42 % change on previous year in 2021 and was at its lowest, -199.75 % change on previous year, in 2022.
That places Kiribati 188th out of 197 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 (current LCU), annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | -26.68 % change on previous year | — |
| 1981 | 23.86 % change on previous year | -189.4% |
| 1982 | -49.22 % change on previous year | -306.3% |
| 1983 | 77.01 % change on previous year | -256.5% |
| 1984 | 45.45 % change on previous year | -41.0% |
| 1985 | -14.93 % change on previous year | -132.8% |
| 1986 | 77.2 % change on previous year | -617.1% |
| 1987 | 53.93 % change on previous year | -30.1% |
| 1988 | -0.3206 % change on previous year | -100.6% |
| 1989 | 3.43 % change on previous year | -1170.1% |
| 1990 | 13.77 % change on previous year | +301.2% |
| 1991 | -39.79 % change on previous year | -389.0% |
| 1992 | -0.5993 % change on previous year | -98.5% |
| 1993 | 40.31 % change on previous year | -6826.7% |
| 1994 | -11.23 % change on previous year | -127.9% |
| 1995 | 7.09 % change on previous year | -163.2% |
| 1996 | 31.03 % change on previous year | +337.4% |
| 1997 | 43.09 % change on previous year | +38.9% |
| 1998 | -7.83 % change on previous year | -118.2% |
| 1999 | -41.37 % change on previous year | +428.1% |
| 2000 | 204.29 % change on previous year | -593.8% |
| 2001 | -38.7 % change on previous year | -118.9% |
| 2002 | 35.43 % change on previous year | -191.6% |
| 2003 | 30.03 % change on previous year | -15.2% |
| 2004 | -28.88 % change on previous year | -196.2% |
| 2005 | 36.54 % change on previous year | -226.5% |
| 2006 | -30.78 % change on previous year | -184.2% |
| 2007 | 22.34 % change on previous year | -172.6% |
| 2008 | -26.3 % change on previous year | -217.7% |
| 2009 | 10.79 % change on previous year | -141.0% |
| 2010 | -21.87 % change on previous year | -302.8% |
| 2011 | -13.39 % change on previous year | -38.8% |
| 2012 | 16.44 % change on previous year | -222.8% |
| 2013 | 11.8 % change on previous year | -28.2% |
| 2014 | -29.48 % change on previous year | -349.9% |
| 2015 | 109.24 % change on previous year | -470.5% |
| 2016 | -98.39 % change on previous year | -190.1% |
| 2018 | 204.34 % change on previous year | -307.7% |
| 2019 | -131.84 % change on previous year | -164.5% |
| 2020 | -83.97 % change on previous year | -36.3% |
| 2021 | 233.42 % change on previous year | -378.0% |
| 2022 | -199.75 % change on previous year | -185.6% |
| 2023 | -68.58 % change on previous year | -65.7% |
| 2024 | -8.54 % change on previous year | -87.6% |
Kiribati compared with similar countries
- Kiribati's -8.54 % change on previous year is below the median for lower middle income countries, which is 8.45 % change on previous year. (46 countries reporting)
- Kiribati's -8.54 % change on previous year is below the median for East Asia & Pacific, which is 3.57 % change on previous year. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), annual growth rate in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +6826.7% | -0.5993 % change on previous year | 40.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.97 % change on previous year | -49.22 % change on previous year | 77.2 % change on previous year | 10 |
| 1990s | 3.45 % change on previous year | -41.37 % change on previous year | 43.09 % change on previous year | 10 |
| 2000s | 21.47 % change on previous year | -38.7 % change on previous year | 204.29 % change on previous year | 10 |
| 2010s | 5.21 % change on previous year | -131.84 % change on previous year | 204.34 % change on previous year | 9 |
| 2020s | -25.48 % change on previous year | -199.75 % change on previous year | 233.42 % change on previous year | 5 |
Countries ranked near Kiribati
- 185 French Polynesia -5.23 % change on previous year compare
- 186 Hong Kong -5.24 % change on previous year compare
- 187 Isle of Man -6.17 % change on previous year compare
- 189 Liechtenstein -8.91 % change on previous year compare
- 190 Mozambique -14.02 % change on previous year compare
- 191 Zambia -18.25 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Kiribati?
- Taxes less subsidies on products (current lcu), annual growth rate in Kiribati was -8.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 233.42 % change on previous year in 2021.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -199.75 % change on previous year in 2022.
- How does Kiribati rank for taxes less subsidies on products (current lcu), annual growth rate?
- Kiribati ranks 188th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 71.0%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.