Kiribati: Other expense (current LCU)

Key figures

What the numbers say

In 2023, Kiribati's other expense (current LCU) fell 12.2% on 2022 (from 12.18 million to 10.69 million).

Across the 11 yearly changes before that (2012 to 2022), the average change was +24.6% and a typical year strayed about 46.8% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 92.8% in 2021 and the biggest yearly fall was 38.2% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 504,847 a year. A straight line explains 33% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Kiribati had the 15th highest value of the 15 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Kiribati in the 2023 ranking

• Jordan — 12th of 15: 196.3 million
• Tonga — 13th of 15: 35.67 million
• Samoa — 14th of 15: 15.42 million

What this measures

Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 13 values

Other expense (current LCU) in nearby economies

• Australia — 47.51 billion (2022)
• Cambodia — 1.5 trillion (2023)
• Fiji — 246.7 million (2024)
• Korea, Rep. — 43.16 trillion (2024)
• Lao PDR — 8.44 billion (2022)
• Macao SAR, China — 12.81 billion (2024)
• Malaysia — 851 million (2024)
• Marshall Islands — 30.58 million (2020)
• Micronesia, Fed. Sts. — 28.45 million (2020)
• Mongolia — 1.49 trillion (2022)
• Naoero — 49.51 million (2024)

More public sector data for Kiribati

• CPIA business regulatory environment rating (1=low to 6=high) — 2.5 (2025)
• CPIA debt policy rating (1=low to 6=high) — 2.5 (2025)
• CPIA economic management cluster average (1=low to 6=high) — 2.5 (2025)
• CPIA policy and institutions for environmental sustainability rating (1=low to 6=high) — 3 (2025)
• CPIA quality of budgetary and financial management rating (1=low to 6=high) — 2.5 (2025)
• CPIA financial sector rating (1=low to 6=high) — 2 (2025)
• CPIA fiscal policy rating (1=low to 6=high) — 2 (2025)
• CPIA gender equality rating (1=low to 6=high) — 3 (2025)
• CPIA building human resources rating (1=low to 6=high)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kiribati's other expense (current LCU)?

10.69 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is up 363.59% from 2.31 million in 2011 (13.63% a year on average, compounded). The highest value was 12.7 million in 2021 and the lowest 2.31 million in 2011.

How does Kiribati rank?

15th highest of 15 economies with data for 2023.

Is the latest change in other expense (current LCU) unusual for Kiribati?

In 2023, Kiribati's other expense (current LCU) fell 12.2% on 2022 (from 12.18 million to 10.69 million). Across the 11 yearly changes before that (2012 to 2022), the average change was +24.6% and a typical year strayed about 46.8% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.XPN.OTHR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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