Share of government expenditure going to interest payments in Kiribati

Kiribati: Share of government expenditure going to interest payments was 0.7541 in 2023. ◆ Volatile

Latest (2023)
0.7541
Change on year
down 8.0%
World rank
141st
of 152 countries
All-time high
5.17
in 2012
All-time low
0.088
in 2016
Years of data
12
2011–2023

Share of government expenditure going to interest payments in Kiribati, 2011–2023

02462011201720232011: 3.42012: 5.22013: 1.52014: 0.1422015: 0.1112016: 0.0882017: 0.1622018: 0.3282019: 12021: 0.7852022: 0.8192023: 0.754

Source: Our World in Data.

Analysis

Kiribati recorded 0.7541 for share of government expenditure going to interest payments in 2023.

That represents a change of down 8.0% on the previous year and down 48.4% over ten years.

Over the whole period, share of government expenditure going to interest payments in Kiribati peaked at 5.17 in 2012 and was at its lowest, 0.088, in 2016.

That places Kiribati 141st out of 152 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Share of government expenditure going to interest payments in Kiribati, year by year

Annual values for Share of government expenditure going to interest payments in Kiribati, 2011 to 2023.
Year Value Change
2011 3.44
2012 5.17 +50.3%
2013 1.46 -71.8%
2014 0.1423 -90.3%
2015 0.1112 -21.9%
2016 0.088 -20.9%
2017 0.1621 +84.3%
2018 0.3284 +102.6%
2019 1.04 +217.7%
2021 0.7854 -24.7%
2022 0.8194 +4.3%
2023 0.7541 -8.0%

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.33 0.088 5.17 9
2020s 0.7863 0.7541 0.8194 3

Countries ranked near Kiribati

  1. 138 Solomon Islands 1.27 compare
  2. 139 Switzerland 0.9765 compare
  3. 140 Estonia 0.9644 compare
  4. 142 Iran, Islamic Republic of 0.7311
  5. 143 Congo, Democratic Republic of the 0.6782 compare
  6. 144 Luxembourg 0.6004 compare

See the full ranking of 152 places →

More reference data data for Kiribati

All data for Kiribati →

Frequently asked questions

What is share of government expenditure going to interest payments in Kiribati?
Share of government expenditure going to interest payments in Kiribati was 0.7541 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Kiribati?
The highest recorded value was 5.17 in 2012.
What is the lowest share of government expenditure going to interest payments recorded in Kiribati?
The lowest recorded value was 0.088 in 2016.
How does Kiribati rank for share of government expenditure going to interest payments?
Kiribati ranks 141st out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Kiribati?
Over the last ten years it is down 48.4%. The long-run trend across the full record is volatile.
Where does this Kiribati data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Kiribati. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/kiribati/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed