Kiribati: Income and profits taxes

The latest value from 2023 is 7.42 percent, a decline from 8.73 percent in 2022. In comparison, the world average is 25.98 percent, based on data from 107 countries. Historically, the average for Kiribati from 2011 to 2023 is 7.54 percent. The minimum value, 5.69 percent, was reached in 2015 while the maximum of 10.75 percent was recorded in 2011. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.