Final consumption expenditure (current LCU) in Kiribati
Kiribati: Final consumption expenditure (current LCU) was 846.70 million current LCU in 2024. ▲ Rising
Final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, final consumption expenditure in Kiribati stood at 846.70 million current LCU. That is the highest value across all 19 years on record.
The figure is up 9.5% on the previous year and up 148.1% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 846.70 million current LCU in 2024 and was at its lowest, 237.16 million current LCU, in 2006.
Kiribati ranks 186th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Final consumption expenditure (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 237.16 million current LCU | — |
| 2007 | 247.48 million current LCU | +4.4% |
| 2008 | 267.02 million current LCU | +7.9% |
| 2009 | 270.68 million current LCU | +1.4% |
| 2010 | 263.92 million current LCU | -2.5% |
| 2011 | 282.33 million current LCU | +7.0% |
| 2012 | 291.46 million current LCU | +3.2% |
| 2013 | 304.76 million current LCU | +4.6% |
| 2014 | 341.27 million current LCU | +12.0% |
| 2015 | 370.94 million current LCU | +8.7% |
| 2016 | 412.58 million current LCU | +11.2% |
| 2017 | 432.12 million current LCU | +4.7% |
| 2018 | 455.19 million current LCU | +5.3% |
| 2019 | 476.30 million current LCU | +4.6% |
| 2020 | 463.44 million current LCU | -2.7% |
| 2021 | 569.52 million current LCU | +22.9% |
| 2022 | 670.52 million current LCU | +17.7% |
| 2023 | 773.40 million current LCU | +15.3% |
| 2024 | 846.70 million current LCU | +9.5% |
Kiribati compared with similar countries
- Kiribati's 846.70 million current LCU is below the median for lower middle income countries, which is 1.32 trillion current LCU, 0% of the median. (45 countries reporting)
- Kiribati's 846.70 million current LCU is below the median for East Asia & Pacific, which is 737.40 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 255.58 million current LCU | 237.16 million current LCU | 270.68 million current LCU | 4 |
| 2010s | 363.09 million current LCU | 263.92 million current LCU | 476.30 million current LCU | 10 |
| 2020s | 664.72 million current LCU | 463.44 million current LCU | 846.70 million current LCU | 5 |
Countries ranked near Kiribati
- 183 East Timor 2.69 billion current LCU compare
- 184 Tonga 1.84 billion current LCU compare
- 185 San Marino 982.71 million current LCU compare
- 187 Palau 363.09 million current LCU compare
- 188 Marshall Islands 353.44 million current LCU 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Kiribati?
- Final consumption expenditure in Kiribati was 846.70 million current 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 846.70 million current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 237.16 million current LCU in 2006.
- How does Kiribati rank for final consumption expenditure?
- Kiribati ranks 186th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is up 148.1%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.