Kiribati - Tax revenue
Tax revenue (current LCU)
The value for Tax revenue (current LCU) in Kiribati was 69,602,940 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 69,602,940 in 2019 and a minimum value of 31,055,820 in 2011.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2011 | 31,055,820 |
| 2012 | 33,653,730 |
| 2013 | 34,589,220 |
| 2014 | 35,370,860 |
| 2015 | 50,309,730 |
| 2016 | 59,782,610 |
| 2017 | 53,679,920 |
| 2018 | 55,985,970 |
| 2019 | 69,602,940 |
Tax revenue (% of GDP)
Tax revenue (% of GDP) in Kiribati was 25.68 as of 2019. Its highest value over the past 8 years was 25.68 in 2019, while its lowest value was 17.63 in 2011.
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2011 | 17.63 |
| 2012 | 18.32 |
| 2013 | 18.04 |
| 2014 | 17.74 |
| 2015 | 22.09 |
| 2016 | 24.92 |
| 2017 | 21.97 |
| 2018 | 20.90 |
| 2019 | 25.68 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
