Adjusted savings: net national savings in Kiribati
Kiribati: Adjusted savings: net national savings was 27.4% in 2020. ◆ Volatile
Adjusted savings: net national savings in Kiribati, 1979–2020
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Kiribati is 27.4%, measured in 2020.
That represents a change of down 3.0% on the previous year and up 560.6% over ten years.
Over the whole period, adjusted savings: net national savings in Kiribati peaked at 57.6% in 1991 and was at its lowest, -4.8%, in 2006.
Kiribati ranks 13th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Kiribati, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1979 | 39.6% | — |
| 1980 | 28.0% | -29.2% |
| 1981 | 22.2% | -20.7% |
| 1982 | 42.9% | +92.7% |
| 1983 | 55.9% | +30.5% |
| 1984 | 47.3% | -15.5% |
| 1985 | 23.9% | -49.4% |
| 1986 | 22.2% | -6.9% |
| 1987 | 38.7% | +73.9% |
| 1988 | 41.1% | +6.2% |
| 1989 | 37.6% | -8.4% |
| 1990 | 41.2% | +9.6% |
| 1991 | 57.6% | +39.7% |
| 1992 | 55.3% | -4.1% |
| 2006 | -4.8% | -108.7% |
| 2007 | 1.1% | -123.1% |
| 2008 | 0.4% | -60.4% |
| 2009 | -3.4% | -875.7% |
| 2010 | 4.1% | -221.8% |
| 2011 | 0.7% | -83.7% |
| 2012 | 12.0% | +1677.9% |
| 2013 | 11.8% | -1.8% |
| 2014 | 28.3% | +140.6% |
| 2015 | 33.0% | +16.6% |
| 2016 | 21.9% | -33.9% |
| 2017 | 32.5% | +48.5% |
| 2018 | 30.6% | -5.7% |
| 2019 | 28.2% | -7.9% |
| 2020 | 27.4% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.6% | 39.6% | 39.6% | 1 |
| 1980s | 36.0% | 22.2% | 55.9% | 10 |
| 1990s | 51.4% | 41.2% | 57.6% | 3 |
| 2000s | -1.7% | -4.8% | 1.1% | 4 |
| 2010s | 20.3% | 0.7% | 33.0% | 10 |
| 2020s | 27.4% | 27.4% | 27.4% | 1 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 3,485 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 12.87 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.93 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 4,917 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 13.63 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 2.92 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 7,451 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.1 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Kiribati?
- Adjusted savings: net national savings in Kiribati was 27.4% in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Kiribati?
- The highest recorded value was 57.6% in 1991.
- What is the lowest adjusted savings: net national savings recorded in Kiribati?
- The lowest recorded value was -4.8% in 2006.
- How does Kiribati rank for adjusted savings: net national savings?
- Kiribati ranks 13th out of 177 countries with data for 2020.
- Is adjusted savings: net national savings rising or falling in Kiribati?
- Over the last ten years it is up 560.6%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.