Taxes less subsidies on products in Kiribati
Kiribati: Taxes less subsidies on products was -6.90 million current US$ in 2024. ◆ Volatile
Latest (2024)
-6.90 million current US$
Change on year
down 7.8%
World rank
192nd
of 197 countries
All-time high
10.81 million current US$
in 2005
All-time low
-6.90 million current US$
in 2024
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 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$, in 2024.
That places Kiribati 192nd out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Kiribati, year by year
| Year | current US$ | 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% |
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
- 189 Marshall Islands 12.05 million current US$ compare
- 190 Tuvalu 5.62 million current US$ compare
- 191 Venezuela, Bolivarian Republic of 0 current US$ compare
- 193 Timor-Leste -34.79 million current US$ compare
- 194 Brunei Darussalam -214.09 million current US$ compare
- 195 Oman -594.64 million current US$ 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)
- Gross domestic savings (current US$), annual growth rate 2.96 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.6283 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita -1,603 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 2.3 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP -0.9521 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita -2,429 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 11.3 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.54 current US$ 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 192nd out of 197 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.