Kiribati - Net acquisition of financial assets

Net acquisition of financial assets (current LCU)

The value for Net acquisition of financial assets (current LCU) in Kiribati was 52,469,410 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 134,797,800 in 2018 and a minimum value of -10,577,130 in 2011.

Definition: Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2011 -10,577,130
2012 5,772,887
2013 19,578,050
2014 79,236,280
2015 126,208,100
2016 49,953,830
2017 39,355,500
2018 134,797,800
2019 52,469,410

Net acquisition of financial assets (% of GDP)

Net acquisition of financial assets (% of GDP) in Kiribati was 19.36 as of 2019. Its highest value over the past 8 years was 55.41 in 2015, while its lowest value was -6.00 in 2011.

Definition: Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2011 -6.00
2012 3.14
2013 10.21
2014 39.74
2015 55.41
2016 20.82
2017 16.11
2018 50.32
2019 19.36

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance