Taxes less subsidies on products (current LCU), per unit of GDP in Kiribati
Kiribati: Taxes less subsidies on products (current LCU), per unit of GDP was -0.0305 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Kiribati, 1979–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kiribati recorded -0.0305 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 7.8% on the previous year and down 200.3% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Kiribati peaked at 0.1803 current LCU per US$ of GDP in 2000 and was at its lowest, -0.033 current LCU per US$ of GDP, in 2023.
Kiribati ranks 196th of 197 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 (current LCU), per unit of GDP in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0493 current LCU per US$ of GDP | — |
| 1980 | 0.0375 current LCU per US$ of GDP | -23.8% |
| 1981 | 0.0437 current LCU per US$ of GDP | +16.4% |
| 1982 | 0.0239 current LCU per US$ of GDP | -45.3% |
| 1983 | 0.0447 current LCU per US$ of GDP | +87.0% |
| 1984 | 0.0586 current LCU per US$ of GDP | +31.1% |
| 1985 | 0.0656 current LCU per US$ of GDP | +12.0% |
| 1986 | 0.1169 current LCU per US$ of GDP | +78.1% |
| 1987 | 0.1583 current LCU per US$ of GDP | +35.4% |
| 1988 | 0.1218 current LCU per US$ of GDP | -23.0% |
| 1989 | 0.1281 current LCU per US$ of GDP | +5.2% |
| 1990 | 0.1502 current LCU per US$ of GDP | +17.2% |
| 1991 | 0.0801 current LCU per US$ of GDP | -46.7% |
| 1992 | 0.0534 current LCU per US$ of GDP | -33.3% |
| 1993 | 0.0782 current LCU per US$ of GDP | +46.4% |
| 1994 | 0.061 current LCU per US$ of GDP | -22.0% |
| 1995 | 0.0639 current LCU per US$ of GDP | +4.7% |
| 1996 | 0.0705 current LCU per US$ of GDP | +10.3% |
| 1997 | 0.1024 current LCU per US$ of GDP | +45.3% |
| 1998 | 0.1011 current LCU per US$ of GDP | -1.3% |
| 1999 | 0.0574 current LCU per US$ of GDP | -43.2% |
| 2000 | 0.1803 current LCU per US$ of GDP | +214.1% |
| 2001 | 0.1275 current LCU per US$ of GDP | -29.3% |
| 2002 | 0.15 current LCU per US$ of GDP | +17.7% |
| 2003 | 0.1517 current LCU per US$ of GDP | +1.1% |
| 2004 | 0.0996 current LCU per US$ of GDP | -34.3% |
| 2005 | 0.1243 current LCU per US$ of GDP | +24.8% |
| 2006 | 0.0872 current LCU per US$ of GDP | -29.8% |
| 2007 | 0.0868 current LCU per US$ of GDP | -0.5% |
| 2008 | 0.0601 current LCU per US$ of GDP | -30.8% |
| 2009 | 0.0698 current LCU per US$ of GDP | +16.2% |
| 2010 | 0.0462 current LCU per US$ of GDP | -33.8% |
| 2011 | 0.0338 current LCU per US$ of GDP | -26.9% |
| 2012 | 0.0373 current LCU per US$ of GDP | +10.2% |
| 2013 | 0.0427 current LCU per US$ of GDP | +14.7% |
| 2014 | 0.0304 current LCU per US$ of GDP | -29.0% |
| 2015 | 0.0664 current LCU per US$ of GDP | +118.8% |
| 2016 | 0.001 current LCU per US$ of GDP | -98.5% |
| 2017 | -0.0315 current LCU per US$ of GDP | -3271.4% |
| 2018 | 0.0313 current LCU per US$ of GDP | -199.5% |
| 2019 | -0.0108 current LCU per US$ of GDP | -134.3% |
| 2020 | -0.0194 current LCU per US$ of GDP | +80.6% |
| 2021 | 0.0201 current LCU per US$ of GDP | -203.3% |
| 2022 | -0.0211 current LCU per US$ of GDP | -205.0% |
| 2023 | -0.033 current LCU per US$ of GDP | +56.8% |
| 2024 | -0.0305 current LCU per US$ of GDP | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0493 current LCU per US$ of GDP | 0.0493 current LCU per US$ of GDP | 0.0493 current LCU per US$ of GDP | 1 |
| 1980s | 0.0799 current LCU per US$ of GDP | 0.0239 current LCU per US$ of GDP | 0.1583 current LCU per US$ of GDP | 10 |
| 1990s | 0.0818 current LCU per US$ of GDP | 0.0534 current LCU per US$ of GDP | 0.1502 current LCU per US$ of GDP | 10 |
| 2000s | 0.1137 current LCU per US$ of GDP | 0.0601 current LCU per US$ of GDP | 0.1803 current LCU per US$ of GDP | 10 |
| 2010s | 0.0247 current LCU per US$ of GDP | -0.0315 current LCU per US$ of GDP | 0.0664 current LCU per US$ of GDP | 10 |
| 2020s | -0.0168 current LCU per US$ of GDP | -0.033 current LCU per US$ of GDP | 0.0201 current LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 193 Brunei Darussalam -0.0186 current LCU per US$ of GDP compare
- 194 Timor-Leste -0.0186 current LCU per US$ of GDP compare
- 195 Kuwait -0.023 current LCU per US$ of GDP compare
- 197 Libya -0.0882 current 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$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Kiribati?
- Taxes less subsidies on products (current lcu), per unit of gdp in Kiribati was -0.0305 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.1803 current LCU per US$ of GDP in 2000.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was -0.033 current LCU per US$ of GDP in 2023.
- How does Kiribati rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Kiribati ranks 196th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is down 200.3%. 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), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.