External balance on goods and services (current LCU), annual growth in Kiribati
Kiribati: External balance on goods and services (current LCU), annual growth was -16.35 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Kiribati, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Kiribati is -16.35 % change on previous year, measured in 2024.
Compared with earlier readings it is down 5.1% on the previous year and down 18.3% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Kiribati peaked at 462.89 % change on previous year in 1974 and was at its lowest, -660.24 % change on previous year, in 1987.
That places Kiribati 124th out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 297.85 % change on previous year | — |
| 1974 | 462.89 % change on previous year | +55.4% |
| 1975 | 0.613 % change on previous year | -99.9% |
| 1976 | -58.41 % change on previous year | -9627.9% |
| 1977 | -11.68 % change on previous year | -80.0% |
| 1978 | -44.11 % change on previous year | +277.8% |
| 1979 | -81.23 % change on previous year | +84.1% |
| 1980 | -190.92 % change on previous year | +135.0% |
| 1982 | 0.0343 % change on previous year | -100.0% |
| 1983 | 14.85 % change on previous year | +43244.5% |
| 1984 | 57.97 % change on previous year | +290.4% |
| 1985 | -37.8 % change on previous year | -165.2% |
| 1986 | 34.47 % change on previous year | -191.2% |
| 1987 | -660.24 % change on previous year | -2015.3% |
| 1988 | 10.25 % change on previous year | -101.6% |
| 1989 | -7.79 % change on previous year | -176.0% |
| 1990 | -32.84 % change on previous year | +321.6% |
| 1991 | 10.21 % change on previous year | -131.1% |
| 1992 | -48.77 % change on previous year | -577.8% |
| 1993 | 14.03 % change on previous year | -128.8% |
| 1994 | 17.45 % change on previous year | +24.4% |
| 1995 | -34.17 % change on previous year | -295.8% |
| 1996 | -5.5 % change on previous year | -83.9% |
| 1997 | 1.97 % change on previous year | -135.8% |
| 1998 | -0.2481 % change on previous year | -112.6% |
| 1999 | -23.16 % change on previous year | +9236.7% |
| 2000 | -15.9 % change on previous year | -31.3% |
| 2001 | -6.77 % change on previous year | -57.4% |
| 2002 | -20.39 % change on previous year | +200.9% |
| 2003 | 12.26 % change on previous year | -160.1% |
| 2004 | -3.3 % change on previous year | -126.9% |
| 2005 | -30.31 % change on previous year | +818.4% |
| 2006 | 22.71 % change on previous year | -174.9% |
| 2007 | 2 % change on previous year | -91.2% |
| 2008 | -9.42 % change on previous year | -571.6% |
| 2009 | -5.82 % change on previous year | -38.2% |
| 2010 | 9.48 % change on previous year | -262.9% |
| 2011 | -12.96 % change on previous year | -236.7% |
| 2012 | -10.72 % change on previous year | -17.3% |
| 2013 | -10.82 % change on previous year | +0.9% |
| 2014 | -13.82 % change on previous year | +27.7% |
| 2015 | -17.41 % change on previous year | +26.0% |
| 2016 | -3.69 % change on previous year | -78.8% |
| 2017 | 0.6482 % change on previous year | -117.6% |
| 2018 | 5.27 % change on previous year | +713.4% |
| 2019 | -4.59 % change on previous year | -187.1% |
| 2020 | 13.39 % change on previous year | -391.7% |
| 2021 | -37.61 % change on previous year | -380.9% |
| 2022 | -41.58 % change on previous year | +10.6% |
| 2023 | -15.55 % change on previous year | -62.6% |
| 2024 | -16.35 % change on previous year | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 80.85 % change on previous year | -81.23 % change on previous year | 462.89 % change on previous year | 7 |
| 1980s | -86.57 % change on previous year | -660.24 % change on previous year | 57.97 % change on previous year | 9 |
| 1990s | -10.1 % change on previous year | -48.77 % change on previous year | 17.45 % change on previous year | 10 |
| 2000s | -5.49 % change on previous year | -30.31 % change on previous year | 22.71 % change on previous year | 10 |
| 2010s | -5.86 % change on previous year | -17.41 % change on previous year | 9.48 % change on previous year | 10 |
| 2020s | -19.54 % change on previous year | -41.58 % change on previous year | 13.39 % change on previous year | 5 |
Countries ranked near Kiribati
- 121 North Macedonia -14.77 % change on previous year compare
- 122 Pakistan -14.97 % change on previous year compare
- 123 Vanuatu -16.27 % change on previous year compare
- 125 Haiti -16.93 % change on previous year compare
- 126 Croatia -17.88 % change on previous year compare
- 127 United Arab Emirates -18.48 % change on previous year 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.14 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.8912 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 2,274 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -15.56 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.68 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.351 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 895.5 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -1.24 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Kiribati?
- External balance on goods and services (current lcu), annual growth in Kiribati was -16.35 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Kiribati?
- The highest recorded value was 462.89 % change on previous year in 1974.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Kiribati?
- The lowest recorded value was -660.24 % change on previous year in 1987.
- How does Kiribati rank for external balance on goods and services (current lcu), annual growth?
- Kiribati ranks 124th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Kiribati?
- Over the last ten years it is down 18.3%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.