Taxes less subsidies on products (current US$) in Kiribati
Kiribati: Taxes less subsidies on products (current US$) was -6.90 million current US$ in 2024. ◆ Volatile
Taxes less subsidies on products in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, taxes less subsidies on products in Kiribati stood at -6.90 million current US$. That is the lowest value across all 46 years on record.
Compared with earlier readings it is down 7.8% on the previous year and down 225.8% over ten years.
Over the whole period, taxes less subsidies on products in Kiribati peaked at 10.81 million current US$ in 2005 and was at its lowest, -6.90 million current US$, in 2024.
That places Kiribati 194th out of 199 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 1.90 million current US$ | — |
| 1980 | 1.42 million current US$ | -25.3% |
| 1981 | 1.77 million current US$ | +25.0% |
| 1982 | 794,228 current US$ | -55.2% |
| 1983 | 1.25 million current US$ | +57.2% |
| 1984 | 1.77 million current US$ | +41.7% |
| 1985 | 1.20 million current US$ | -32.3% |
| 1986 | 2.03 million current US$ | +69.6% |
| 1987 | 3.28 million current US$ | +61.2% |
| 1988 | 3.64 million current US$ | +11.2% |
| 1989 | 3.81 million current US$ | +4.7% |
| 1990 | 4.28 million current US$ | +12.3% |
| 1991 | 2.57 million current US$ | -39.9% |
| 1992 | 2.41 million current US$ | -6.3% |
| 1993 | 3.13 million current US$ | +29.9% |
| 1994 | 2.99 million current US$ | -4.6% |
| 1995 | 3.25 million current US$ | +8.6% |
| 1996 | 4.49 million current US$ | +38.3% |
| 1997 | 6.10 million current US$ | +35.7% |
| 1998 | 4.76 million current US$ | -22.0% |
| 1999 | 2.86 million current US$ | -39.8% |
| 2000 | 7.83 million current US$ | +173.4% |
| 2001 | 4.28 million current US$ | -45.3% |
| 2002 | 6.09 million current US$ | +42.3% |
| 2003 | 9.46 million current US$ | +55.2% |
| 2004 | 7.62 million current US$ | -19.4% |
| 2005 | 10.81 million current US$ | +41.8% |
| 2006 | 7.38 million current US$ | -31.7% |
| 2007 | 10.03 million current US$ | +35.9% |
| 2008 | 7.41 million current US$ | -26.1% |
| 2009 | 7.63 million current US$ | +3.0% |
| 2010 | 7.01 million current US$ | -8.1% |
| 2011 | 6.83 million current US$ | -2.6% |
| 2012 | 7.99 million current US$ | +16.9% |
| 2013 | 8.32 million current US$ | +4.2% |
| 2014 | 5.48 million current US$ | -34.2% |
| 2015 | 9.56 million current US$ | +74.4% |
| 2016 | 152,392 current US$ | -98.4% |
| 2017 | -5.38 million current US$ | -3632.1% |
| 2018 | 5.48 million current US$ | -201.7% |
| 2019 | -1.62 million current US$ | -129.6% |
| 2020 | -2.95 million current US$ | +82.1% |
| 2021 | 4.30 million current US$ | -245.6% |
| 2022 | -3.96 million current US$ | -192.1% |
| 2023 | -6.40 million current US$ | +61.5% |
| 2024 | -6.90 million current US$ | +7.8% |
Kiribati compared with similar countries
- Kiribati's -6.90 million current US$ is below the median for lower middle income countries, which is 2.40 billion current US$. (46 countries reporting)
- Kiribati's -6.90 million current US$ is below the median for East Asia & Pacific, which is 956.37 million current US$. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$) 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 | -3632.1% | 152,392 current US$ | -5.38 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.90 million current US$ | 1.90 million current US$ | 1.90 million current US$ | 1 |
| 1980s | 2.10 million current US$ | 794,228 current US$ | 3.81 million current US$ | 10 |
| 1990s | 3.68 million current US$ | 2.41 million current US$ | 6.10 million current US$ | 10 |
| 2000s | 7.85 million current US$ | 4.28 million current US$ | 10.81 million current US$ | 10 |
| 2010s | 4.38 million current US$ | -5.38 million current US$ | 9.56 million current US$ | 10 |
| 2020s | -3.18 million current US$ | -6.90 million current US$ | 4.30 million current US$ | 5 |
Countries ranked near Kiribati
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 in Kiribati?
- Taxes less subsidies on products in Kiribati was -6.90 million current US$ 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 10.81 million current US$ in 2005.
- What is the lowest taxes less subsidies on products recorded in Kiribati?
- The lowest recorded value was -6.90 million current US$ in 2024.
- How does Kiribati rank for taxes less subsidies on products?
- Kiribati ranks 194th out of 199 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Kiribati?
- Over the last ten years it is down 225.8%. 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 (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.