Taxes less subsidies on products (current US$), per unit of GDP (unit) in Kiribati
Kiribati: Taxes less subsidies on products (current US$), per unit of GDP (unit) was -0.0201 current US$ per US$ of GDP in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), per unit of GDP in Kiribati, 1979–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, taxes less subsidies on products (current us$), per unit of gdp in Kiribati stood at -0.0201 current US$ per US$ of GDP.
The figure is up 8.4% on the previous year and down 173.5% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Kiribati peaked at 0.1172 current US$ per US$ of GDP in 1990 and was at its lowest, -0.0241 current US$ per US$ of GDP, in 2017.
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 US$), per unit of GDP (unit) in Kiribati, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0551 current US$ per US$ of GDP | — |
| 1980 | 0.0428 current US$ per US$ of GDP | -22.4% |
| 1981 | 0.0502 current US$ per US$ of GDP | +17.5% |
| 1982 | 0.0243 current US$ per US$ of GDP | -51.7% |
| 1983 | 0.0403 current US$ per US$ of GDP | +66.0% |
| 1984 | 0.0514 current US$ per US$ of GDP | +27.7% |
| 1985 | 0.0458 current US$ per US$ of GDP | -10.9% |
| 1986 | 0.0782 current US$ per US$ of GDP | +70.5% |
| 1987 | 0.1108 current US$ per US$ of GDP | +41.8% |
| 1988 | 0.0952 current US$ per US$ of GDP | -14.1% |
| 1989 | 0.1013 current US$ per US$ of GDP | +6.4% |
| 1990 | 0.1172 current US$ per US$ of GDP | +15.7% |
| 1991 | 0.0624 current US$ per US$ of GDP | -46.8% |
| 1992 | 0.0392 current US$ per US$ of GDP | -37.1% |
| 1993 | 0.0532 current US$ per US$ of GDP | +35.5% |
| 1994 | 0.0446 current US$ per US$ of GDP | -16.1% |
| 1995 | 0.0473 current US$ per US$ of GDP | +6.1% |
| 1996 | 0.0551 current US$ per US$ of GDP | +16.5% |
| 1997 | 0.076 current US$ per US$ of GDP | +37.8% |
| 1998 | 0.0635 current US$ per US$ of GDP | -16.5% |
| 1999 | 0.037 current US$ per US$ of GDP | -41.7% |
| 2000 | 0.1045 current US$ per US$ of GDP | +182.2% |
| 2001 | 0.0659 current US$ per US$ of GDP | -36.9% |
| 2002 | 0.0815 current US$ per US$ of GDP | +23.6% |
| 2003 | 0.0984 current US$ per US$ of GDP | +20.7% |
| 2004 | 0.0733 current US$ per US$ of GDP | -25.5% |
| 2005 | 0.0949 current US$ per US$ of GDP | +29.6% |
| 2006 | 0.0657 current US$ per US$ of GDP | -30.8% |
| 2007 | 0.0727 current US$ per US$ of GDP | +10.6% |
| 2008 | 0.0504 current US$ per US$ of GDP | -30.6% |
| 2009 | 0.0545 current US$ per US$ of GDP | +8.0% |
| 2010 | 0.0424 current US$ per US$ of GDP | -22.1% |
| 2011 | 0.0349 current US$ per US$ of GDP | -17.8% |
| 2012 | 0.0386 current US$ per US$ of GDP | +10.7% |
| 2013 | 0.0413 current US$ per US$ of GDP | +7.0% |
| 2014 | 0.0274 current US$ per US$ of GDP | -33.7% |
| 2015 | 0.0499 current US$ per US$ of GDP | +82.3% |
| 2016 | 0.0007 current US$ per US$ of GDP | -98.5% |
| 2017 | -0.0241 current US$ per US$ of GDP | -3369.8% |
| 2018 | 0.0234 current US$ per US$ of GDP | -197.0% |
| 2019 | -0.0075 current US$ per US$ of GDP | -131.9% |
| 2020 | -0.0134 current US$ per US$ of GDP | +78.8% |
| 2021 | 0.0151 current US$ per US$ of GDP | -212.7% |
| 2022 | -0.0146 current US$ per US$ of GDP | -196.9% |
| 2023 | -0.0219 current US$ per US$ of GDP | +50.1% |
| 2024 | -0.0201 current US$ per US$ of GDP | -8.4% |
Kiribati compared with similar countries
- Kiribati's -0.0201 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.069 current US$ per US$ of GDP. (46 countries reporting)
- Kiribati's -0.0201 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.0669 current US$ per US$ of GDP. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), per unit of GDP (unit) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -3369.8% | 0.0007 current US$ per US$ of GDP | -0.0241 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0551 current US$ per US$ of GDP | 0.0551 current US$ per US$ of GDP | 0.0551 current US$ per US$ of GDP | 1 |
| 1980s | 0.064 current US$ per US$ of GDP | 0.0243 current US$ per US$ of GDP | 0.1108 current US$ per US$ of GDP | 10 |
| 1990s | 0.0596 current US$ per US$ of GDP | 0.037 current US$ per US$ of GDP | 0.1172 current US$ per US$ of GDP | 10 |
| 2000s | 0.0762 current US$ per US$ of GDP | 0.0504 current US$ per US$ of GDP | 0.1045 current US$ per US$ of GDP | 10 |
| 2010s | 0.0227 current US$ per US$ of GDP | -0.0241 current US$ per US$ of GDP | 0.0499 current US$ per US$ of GDP | 10 |
| 2020s | -0.011 current US$ per US$ of GDP | -0.0219 current US$ per US$ of GDP | 0.0151 current US$ per US$ of GDP | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- 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)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Kiribati?
- Taxes less subsidies on products (current us$), per unit of gdp in Kiribati was -0.0201 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.1172 current US$ per US$ of GDP in 1990.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Kiribati?
- The lowest recorded value was -0.0241 current US$ per US$ of GDP in 2017.
- How does Kiribati rank for taxes less subsidies on products (current us$), per unit of gdp?
- Kiribati ranks 196th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is down 173.5%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.