GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Kiribati
Kiribati: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.02 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Kiribati, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Kiribati stood at 2.02 % change on previous year.
That represents a change of down 76.8% on the previous year and down 59.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Kiribati peaked at 27.56 % change on previous year in 1992 and was at its lowest, -5.44 % change on previous year, in 2006.
That places Kiribati 157th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.11 % change on previous year | — |
| 1972 | 5.23 % change on previous year | -26.5% |
| 1973 | 16.26 % change on previous year | +211.0% |
| 1974 | 13.02 % change on previous year | -19.9% |
| 1975 | 9.43 % change on previous year | -27.5% |
| 1976 | 9.18 % change on previous year | -2.7% |
| 1977 | 8.89 % change on previous year | -3.1% |
| 1978 | 11.57 % change on previous year | +30.1% |
| 1979 | 11.98 % change on previous year | +3.5% |
| 1980 | -4.53 % change on previous year | -137.8% |
| 1981 | -0.6893 % change on previous year | -84.8% |
| 1982 | 6.34 % change on previous year | -1019.5% |
| 1983 | 18.16 % change on previous year | +186.4% |
| 1984 | -0.0198 % change on previous year | -100.1% |
| 1985 | 10.02 % change on previous year | -50668.6% |
| 1986 | 6.57 % change on previous year | -34.4% |
| 1987 | 7.16 % change on previous year | +9.1% |
| 1988 | -4.89 % change on previous year | -168.3% |
| 1989 | 4.81 % change on previous year | -198.3% |
| 1990 | 5.02 % change on previous year | +4.3% |
| 1991 | 19.91 % change on previous year | +296.9% |
| 1992 | 27.56 % change on previous year | +38.4% |
| 1993 | 3.65 % change on previous year | -86.8% |
| 1994 | 3.67 % change on previous year | +0.6% |
| 1995 | -1.8 % change on previous year | -149.2% |
| 1996 | 12.54 % change on previous year | -795.1% |
| 1997 | 2.61 % change on previous year | -79.2% |
| 1998 | 5.64 % change on previous year | +116.0% |
| 1999 | 4.61 % change on previous year | -18.3% |
| 2000 | 0.9994 % change on previous year | -78.3% |
| 2001 | 0.3231 % change on previous year | -67.7% |
| 2002 | 8.01 % change on previous year | +2379.9% |
| 2003 | 9.44 % change on previous year | +17.8% |
| 2004 | -3.91 % change on previous year | -141.4% |
| 2005 | 4.03 % change on previous year | -203.3% |
| 2006 | -5.44 % change on previous year | -234.8% |
| 2007 | 7.31 % change on previous year | -234.5% |
| 2008 | 9.5 % change on previous year | +29.9% |
| 2009 | 2 % change on previous year | -79.0% |
| 2010 | -0.8581 % change on previous year | -142.9% |
| 2011 | 2 % change on previous year | -332.9% |
| 2012 | -0.5421 % change on previous year | -127.1% |
| 2013 | -2.98 % change on previous year | +449.6% |
| 2014 | 5 % change on previous year | -268.0% |
| 2015 | 3.14 % change on previous year | -37.3% |
| 2016 | 1.72 % change on previous year | -45.3% |
| 2017 | 0.9163 % change on previous year | -46.6% |
| 2018 | 3.86 % change on previous year | +321.6% |
| 2019 | -3.29 % change on previous year | -185.1% |
| 2020 | 4.37 % change on previous year | -232.9% |
| 2021 | 9.06 % change on previous year | +107.4% |
| 2022 | -1.96 % change on previous year | -121.6% |
| 2023 | 8.7 % change on previous year | -544.3% |
| 2024 | 2.02 % change on previous year | -76.8% |
Kiribati compared with similar countries
- Kiribati's 2.02 % change on previous year is below the median for lower middle income countries, which is 4.74 % change on previous year, 43% of the median. (41 countries reporting)
- Kiribati's 2.02 % change on previous year is below the median for East Asia & Pacific, which is 3.08 % change on previous year, 66% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +50668.6% | -0.0198 % change on previous year | 10.02 % change on previous year |
| 2002 | +2379.9% | 0.3231 % change on previous year | 8.01 % change on previous year |
| 1982 | +1019.5% | -0.6893 % change on previous year | 6.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.3 % change on previous year | 5.23 % change on previous year | 16.26 % change on previous year | 9 |
| 1980s | 4.29 % change on previous year | -4.89 % change on previous year | 18.16 % change on previous year | 10 |
| 1990s | 8.34 % change on previous year | -1.8 % change on previous year | 27.56 % change on previous year | 10 |
| 2000s | 3.23 % change on previous year | -5.44 % change on previous year | 9.5 % change on previous year | 10 |
| 2010s | 0.8972 % change on previous year | -3.29 % change on previous year | 5 % change on previous year | 10 |
| 2020s | 4.44 % change on previous year | -1.96 % change on previous year | 9.06 % change on previous year | 5 |
Countries ranked near Kiribati
- 154 France 2.31 % change on previous year compare
- 155 San Marino 2.25 % change on previous year compare
- 156 Italy 2.11 % change on previous year compare
- 158 Trinidad and Tobago 1.99 % change on previous year compare
- 159 Belgium 1.94 % change on previous year compare
- 160 Greenland 1.93 % 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)
- 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 gdp deflator — value standard local currency, 2015 prices, annual in Kiribati?
- Gdp deflator — value standard local currency, 2015 prices, annual in Kiribati was 2.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Kiribati?
- The highest recorded value was 27.56 % change on previous year in 1992.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Kiribati?
- The lowest recorded value was -5.44 % change on previous year in 2006.
- How does Kiribati rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Kiribati ranks 157th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Kiribati?
- Over the last ten years it is down 59.7%. 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 GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.