Final consumption expenditure in Kiribati
Kiribati: Final consumption expenditure was 558.75 million current US$ in 2024. ▲ Rising
Final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Kiribati is 558.75 million current US$, measured in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 81.6% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 558.75 million current US$ in 2024 and was at its lowest, 178.59 million current US$, in 2006.
That places Kiribati 186th out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Final consumption expenditure in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 178.59 million current US$ | — |
| 2007 | 207.09 million current US$ | +16.0% |
| 2008 | 223.97 million current US$ | +8.2% |
| 2009 | 211.11 million current US$ | -5.7% |
| 2010 | 242.10 million current US$ | +14.7% |
| 2011 | 291.22 million current US$ | +20.3% |
| 2012 | 301.79 million current US$ | +3.6% |
| 2013 | 294.22 million current US$ | -2.5% |
| 2014 | 307.63 million current US$ | +4.6% |
| 2015 | 278.67 million current US$ | -9.4% |
| 2016 | 306.70 million current US$ | +10.1% |
| 2017 | 331.19 million current US$ | +8.0% |
| 2018 | 340.10 million current US$ | +2.7% |
| 2019 | 331.10 million current US$ | -2.6% |
| 2020 | 318.93 million current US$ | -3.7% |
| 2021 | 427.82 million current US$ | +34.1% |
| 2022 | 465.10 million current US$ | +8.7% |
| 2023 | 513.82 million current US$ | +10.5% |
| 2024 | 558.75 million current US$ | +8.7% |
Kiribati compared with similar countries
- Kiribati's 558.75 million current US$ is below the median for lower middle income countries, which is 23.88 billion current US$, 2% of the median. (45 countries reporting)
- Kiribati's 558.75 million current US$ is below the median for East Asia & Pacific, which is 16.77 billion current US$, 3% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 205.19 million current US$ | 178.59 million current US$ | 223.97 million current US$ | 4 |
| 2010s | 302.47 million current US$ | 242.10 million current US$ | 340.10 million current US$ | 10 |
| 2020s | 456.88 million current US$ | 318.93 million current US$ | 558.75 million current US$ | 5 |
Countries ranked near Kiribati
- 183 San Marino 1.06 billion current US$ compare
- 184 Guyana 827.52 million current US$
- 185 Tonga 775.34 million current US$ compare
- 187 Palau 363.09 million current US$ compare
- 188 Marshall Islands 353.44 million current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure in Kiribati?
- Final consumption expenditure in Kiribati was 558.75 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Kiribati?
- The highest recorded value was 558.75 million current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 178.59 million current US$ 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 81.6%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.