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Kiribati

Headline economic indicators for Kiribati, with the most recent official readings.

Prices

Prices — Kiribati
Indicator Value Change
Inflation rate · 6.5% +4.06 (+165.2%)
Consumer price index · 132.2 +8.08 (+6.5%)
GDP deflator inflation · 0.0% -13.13 (-99.9%)

GDP

GDP — Kiribati
Indicator Value Change
GDP growth rate · 4.2% -0.47 (-10.1%)
GDP per capita · 2,558.67 +7.68 (+0.3%)
GDP · 349,227,254.16 +6,074,019 (+1.8%)
GDP, PPP · 537,300,386 +35,811,940 (+7.1%)
GDP per capita, PPP · 3,937 +208.57 (+5.6%)
GDP per capita growth · 2.7% -0.43 (-13.7%)
GNI per capita · 3,930 +350.00 (+9.8%)
Agriculture to GDP · 23.2% -3.82 (-14.2%)
Industry to GDP · 11.8% +0.52 (+4.6%)
Manufacturing to GDP · 4.2% -0.56 (-11.7%)
Services to GDP · 70.3% +3.00 (+4.5%)
Household consumption to GDP · 103.8% -8.08 (-7.2%)
Gross capital formation to GDP · 29.9% +5.17 (+20.9%)
Gross savings to GDP · 12.9% -3.99 (-23.7%)

Money

Money — Kiribati
Indicator Value Change
Official exchange rate · 1.55 +0.04 (+2.4%)

Trade

Trade — Kiribati
Indicator Value Change
Current account to GDP · -15.2% +2.12 (+12.2%)
Exports to GDP · 4.5% -1.34 (-22.9%)
Imports to GDP · 97.6% -3.03 (-3.0%)
Trade to GDP · 102.1% -4.37 (-4.1%)
Exports of goods and services · 15,496,547.36 -1,589,664 (-9.3%)
Imports of goods and services · 334,898,683.37 +41,428,825 (+14.1%)
Trade balance, goods and services (annual) · -346,554,540.47 -27,258,040 (-8.5%)
Current account balance (annual) · -53,174,754.57 +6,365,843 (+10.7%)
Foreign direct investment to GDP · 1.2% -1.16 (-49.4%)
Remittances received to GDP · 6.5% +2.20 (+51.6%)

Government

Government — Kiribati
Indicator Value Change
Government revenue to GDP · 80.2% +14.39 (+21.9%)
Government expense to GDP · 83.7% +2.15 (+2.6%)
Tax revenue to GDP · 17.5% -2.64 (-13.1%)
Government budget balance to GDP · -1.4% +8.65 (+85.8%)
Government consumption to GDP · 59.0% -5.26 (-8.2%)
Education spending to GDP · 16.4% +1.60 (+10.9%)
Health spending to GDP · 10.9% +0.42 (+4.0%)

Demography

Demography — Kiribati
Indicator Value Change
Population · 136,488 +1,970 (+1.5%)
Population growth · 1.5% -0.04 (-2.4%)
Life expectancy · 66.6 +0.13 (+0.2%)
Fertility rate · 3.12 -0.02 (-0.7%)
Birth rate · 25.3 -0.50 (-2.0%)
Death rate · 7.1 +0.01 (+0.2%)
Urban population share · 63.4% +0.92 (+1.5%)
Population aged 65 and over · 4.4% +0.14 (+3.3%)
Under-five mortality rate · 53.1 -1.40 (-2.6%)
Population density · 165.9 +2.45 (+1.5%)
Net migration · -462 +9.00 (+1.9%)
Gini index · 24.7 -3.10 (-11.2%)

Economies nearby

Comparable readings from neighbouring economies.