Kiribati - Taxes on goods and services
Taxes on goods and services (current LCU)
The value for Taxes on goods and services (current LCU) in Kiribati was 42,881,030 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 42,881,030 in 2019 and a minimum value of 74,622 in 2011.
Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2011 | 74,622 |
| 2012 | 477,329 |
| 2013 | 1,345,170 |
| 2014 | 14,768,640 |
| 2015 | 30,796,710 |
| 2016 | 38,782,660 |
| 2017 | 30,786,390 |
| 2018 | 34,311,980 |
| 2019 | 42,881,030 |
Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) in Kiribati was 12.56 as of 2019. Its highest value over the past 8 years was 16.40 in 2016, while its lowest value was 0.07 in 2011.
Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2011 | 0.07 |
| 2012 | 0.34 |
| 2013 | 0.78 |
| 2014 | 6.75 |
| 2015 | 10.77 |
| 2016 | 16.40 |
| 2017 | 12.34 |
| 2018 | 10.03 |
| 2019 | 12.56 |
Taxes on goods and services (% value added of industry and services)
Taxes on goods and services (% value added of industry and services) in Kiribati was 22.67 as of 2019. Its highest value over the past 8 years was 22.67 in 2019, while its lowest value was 0.06 in 2011.
Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.
See also:
| Year | Value |
|---|---|
| 2011 | 0.06 |
| 2012 | 0.35 |
| 2013 | 0.93 |
| 2014 | 9.74 |
| 2015 | 17.81 |
| 2016 | 21.14 |
| 2017 | 16.62 |
| 2018 | 17.05 |
| 2019 | 22.67 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
