Annual growth of the general government final consumption expenditure in Kiribati
Kiribati: Annual growth of the general government final consumption expenditure was -2.2% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Kiribati, 2007–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Kiribati recorded -2.2% for annual growth of the general government final consumption expenditure in 2023.
Compared with earlier readings it is down 108.2% on the previous year and down 498.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Kiribati peaked at 26.9% in 2022 and was at its lowest, -7.6%, in 2010.
Kiribati ranks 161st of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Kiribati, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 3.1% | — |
| 2008 | -1.2% | -139.9% |
| 2009 | 4.7% | -474.2% |
| 2010 | -7.6% | -263.0% |
| 2011 | 4.0% | -152.5% |
| 2012 | 5.6% | +41.4% |
| 2013 | 0.6% | -90.2% |
| 2014 | 15.2% | +2639.6% |
| 2015 | -1.6% | -110.3% |
| 2016 | 14.6% | -1031.7% |
| 2017 | 3.9% | -73.2% |
| 2018 | 2.7% | -30.4% |
| 2019 | 1.2% | -56.0% |
| 2020 | -6.5% | -643.4% |
| 2021 | -6.7% | +2.2% |
| 2022 | 26.9% | -503.5% |
| 2023 | -2.2% | -108.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -1.2% | 4.7% | 3 |
| 2010s | 3.9% | -7.6% | 15.2% | 10 |
| 2020s | 2.9% | -6.7% | 26.9% | 4 |
Countries ranked near Kiribati
- 158 Brunei Darussalam -1.8% compare
- 158 Brunei Darussalam -1.8% compare
- 160 Sri Lanka -1.8% compare
- 162 Bahrain -2.4% compare
- 163 Republic of Moldova -3.6% compare
- 163 Republic of Moldova -3.6% compare
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)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.5902 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 1,506 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 8.75 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.8944 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current LCU), per 2,282 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -9.6 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.344 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Kiribati?
- Annual growth of the general government final consumption expenditure in Kiribati was -2.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Kiribati?
- The highest recorded value was 26.9% in 2022.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Kiribati?
- The lowest recorded value was -7.6% in 2010.
- How does Kiribati rank for annual growth of the general government final consumption expenditure?
- Kiribati ranks 161st out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is down 498.4%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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