Discrepancy in expenditure estimate of GDP in Kiribati
Kiribati: Discrepancy in expenditure estimate of GDP was 6.50 million constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Kiribati, 2019–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Kiribati recorded 6.50 million constant LCU for discrepancy in expenditure estimate of gdp in 2024.
Compared with earlier readings it is up 434.7% on the previous year and up 1,172.7% over ten years.
Kiribati ranks 50th of 154 countries on this measure, in the middle of the range.
Discrepancy in expenditure estimate of GDP in Kiribati, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2019 | -605,913 constant LCU | — |
| 2020 | -6.88 million constant LCU | +1035.0% |
| 2021 | -1.44 million constant LCU | -79.1% |
| 2022 | 6.81 million constant LCU | -574.3% |
| 2023 | -1.94 million constant LCU | -128.5% |
| 2024 | 6.50 million constant LCU | -434.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -605,913 constant LCU | -605,913 constant LCU | -605,913 constant LCU | 1 |
| 2020s | 611,136 constant LCU | -6.88 million constant LCU | 6.81 million constant LCU | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0424 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 108.28 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0643 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 164.09 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0361 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 92.12 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 122.89 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 23.11 % change on previous year (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Kiribati?
- Discrepancy in expenditure estimate of gdp in Kiribati was 6.50 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Kiribati?
- The highest recorded value was 6.81 million constant LCU in 2022.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Kiribati?
- The lowest recorded value was -6.88 million constant LCU in 2020.
- How does Kiribati rank for discrepancy in expenditure estimate of gdp?
- Kiribati ranks 50th out of 154 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Kiribati?
- Over the last ten years it is up 1,172.7%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.