Current account balance as a proportion of GDP (%) in Kiribati
Kiribati: Current account balance as a proportion of GDP (%) was -19.3% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Kiribati, 2006–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Kiribati is -19.3%, measured in 2024. That is the lowest value across all 19 years on record.
The figure is down 990.9% on the previous year and down 169.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Kiribati peaked at 40.0% in 2019 and was at its lowest, -19.3%, in 2024.
Kiribati ranks 193rd of 205 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Kiribati, year by year
| Year | % | Change |
|---|---|---|
| 2006 | -8.6% | — |
| 2007 | -1.8% | -78.9% |
| 2008 | -3.6% | +96.4% |
| 2009 | -11.8% | +231.1% |
| 2010 | 0.1% | -101.0% |
| 2011 | -8.8% | -7607.3% |
| 2012 | 1.7% | -119.8% |
| 2013 | -5.0% | -387.2% |
| 2014 | 28.0% | -657.2% |
| 2015 | 29.4% | +4.9% |
| 2016 | 9.3% | -68.3% |
| 2017 | 31.6% | +239.8% |
| 2018 | 32.9% | +4.2% |
| 2019 | 40.0% | +21.4% |
| 2020 | 32.3% | -19.4% |
| 2021 | 7.1% | -78.0% |
| 2022 | -12.0% | -269.7% |
| 2023 | -1.8% | -85.3% |
| 2024 | -19.3% | +990.9% |
Kiribati compared with similar countries
- Kiribati's -19.3% is below the median for lower middle income countries, which is -0.8%, 23.5× the median. (43 countries reporting)
- Kiribati's -19.3% is below the median for East Asia & Pacific, which is 1.1%. (30 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -7607.3% | 0.1% | -8.8% |
| 2024 | -990.9% | -1.8% | -19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.5% | -11.8% | -1.8% | 4 |
| 2010s | 15.9% | -8.8% | 40.0% | 10 |
| 2020s | 1.2% | -19.3% | 32.3% | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Kiribati?
- Current account balance as a proportion of gdp in Kiribati was -19.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Kiribati?
- The highest recorded value was 40.0% in 2019.
- What is the lowest current account balance as a proportion of gdp recorded in Kiribati?
- The lowest recorded value was -19.3% in 2024.
- How does Kiribati rank for current account balance as a proportion of gdp?
- Kiribati ranks 193rd out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Kiribati?
- Over the last ten years it is down 169.1%. 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 Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).