Budget balance — all countries

Budget balance — Kiribati

Budget balance in Kiribati in 2031 — -14.7%. Ranked 186 in the world out of 188. Since 1990, the indicator has fallen by 10.1 pp.

2031 -14.7% −0.2 pp vs 2030
World rank 186of 188
Period maximum 42.5%2015
Period minimum -20.2%1996

Trend over time

1990–2031 · % of GDP

Budget balance — Kiribati, 1990–2031-40-2002040601990199520002005201020152020202520301990: -4.6%1991: 3.9%1992: 0.8%1993: 6.3%1994: 0.7%1995: -5.1%1996: -20.2%1997: 5.9%1998: 14.6%1999: -1.8%2000: 0%2001: -10.9%2002: 3.1%2003: -8.9%2004: -19.2%2005: -10%2006: -12.3%2007: -12.5%2008: -15.8%2009: -8.6%2010: -7.8%2011: -17.6%2012: -5.4%2013: 11.8%2014: 35%2015: 42.5%2016: 20.1%2017: 34.1%2018: 5.2%2019: 10.8%2020: 3.6%2021: -10.8%2022: -18.2%2023: 1.8%2024: -14.1%2025: -14.5%2026: -16.7%2027: -15.3%2028: -12.6%2029: -14.7%2030: -14.5%2031: -14.7%
Change over the period: −10.1 pp Annual average: -0.25 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Kiribati

Kiribati -14.7%
World computed -4.85%
East Asia & Pacific computed -5.66%
Micronesia (subregion) computed -2.42%
Budget balance — Kiribati, by year Kiribati All countries CSV XLSX
Year % Change, pp
2031 -14.7 −0.2 pp
2030 -14.5 +0.2 pp
2029 -14.7 −2.1 pp
2028 -12.6 +2.7 pp
2027 -15.3 +1.4 pp
2026 -16.7 −2.2 pp
2025 -14.5 −0.4 pp
2024 -14.1 −15.9 pp
2023 1.8 +20 pp
2022 -18.2 −7.4 pp
2021 -10.8 −14.4 pp
2020 3.6 −7.2 pp
2019 10.8 +5.6 pp
2018 5.2 −28.9 pp
2017 34.1 +14 pp
2016 20.1 −22.4 pp
2015 42.5 +7.5 pp
2014 35 +23.2 pp
2013 11.8 +17.2 pp
2012 -5.4 +12.2 pp
2011 -17.6 −9.8 pp
2010 -7.8 +0.8 pp
2009 -8.6 +7.2 pp
2008 -15.8 −3.3 pp
2007 -12.5 −0.2 pp
2006 -12.3 −2.3 pp
2005 -10 +9.2 pp
2004 -19.2 −10.3 pp
2003 -8.9 −12 pp
2002 3.1 +14 pp
2001 -10.9 −10.9 pp
2000 0 +1.8 pp
1999 -1.8 −16.4 pp
1998 14.6 +8.7 pp
1997 5.9 +26.1 pp
1996 -20.2 −15.1 pp
1995 -5.1 −5.8 pp
1994 0.7 −5.6 pp
1993 6.3 +5.5 pp
1992 0.8 −3.1 pp
1991 3.9 +8.5 pp
1990 -4.6

Micronesia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.