Final consumption expenditure in Kiribati
Kiribati: Final consumption expenditure was 640.76 million constant LCU in 2024. ▲ Rising
Final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for final consumption expenditure in Kiribati is 640.76 million constant LCU, measured in 2024. That is the highest value across all 19 years on record.
The figure is up 4.3% on the previous year and up 79.9% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 640.76 million constant LCU in 2024 and was at its lowest, 281.09 million constant LCU, in 2010.
That places Kiribati 174th out of 176 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 296.41 million constant LCU | 290.14 million constant LCU | 301.92 million constant LCU | 4 |
| 2010s | 373.80 million constant LCU | 281.09 million constant LCU | 476.30 million constant LCU | 10 |
| 2020s | 564.79 million constant LCU | 450.58 million constant LCU | 640.76 million constant LCU | 5 |
Countries ranked near Kiribati
- 171 East Timor 2.21 billion constant LCU compare
- 172 Tonga 1.34 billion constant LCU compare
- 173 San Marino 742.43 million constant LCU compare
- 175 Palau 289.06 million constant LCU compare
- 176 Marshall Islands 270.51 million constant LCU compare
More economy & growth data for Kiribati
- External balance on goods and services as a percent of GDP -93.1% (2024)
- Inflation of consumer prices 2.5% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
Frequently asked questions
- What is final consumption expenditure in Kiribati?
- Final consumption expenditure in Kiribati was 640.76 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Kiribati?
- The highest recorded value was 640.76 million constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 281.09 million constant LCU in 2010.
- How does Kiribati rank for final consumption expenditure?
- Kiribati ranks 174th out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is rising.
- 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 Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.