General government final consumption expenditure in Kiribati
Kiribati: General government final consumption expenditure was -9.6% in 2024. ◆ Volatile
General government final consumption expenditure in Kiribati, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in Kiribati is -9.6%, measured in 2024.
Compared with earlier readings it is up 23.7% on the previous year and down 163.2% over ten years.
Over the whole period, general government final consumption expenditure in Kiribati peaked at 29.9% in 2022 and was at its lowest, -12.6%, in 2023.
Kiribati ranks 170th of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Kiribati, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2007 | 3.1% | — |
| 2008 | -1.2% | -139.9% |
| 2009 | 4.7% | -474.2% |
| 2010 | -7.6% | -263.0% |
| 2011 | 4.0% | -152.5% |
| 2012 | 5.6% | +41.4% |
| 2013 | 0.6% | -90.2% |
| 2014 | 15.2% | +2639.5% |
| 2015 | -1.6% | -110.3% |
| 2016 | 14.6% | -1031.7% |
| 2017 | 3.9% | -73.2% |
| 2018 | 2.7% | -30.4% |
| 2019 | 1.2% | -56.0% |
| 2020 | -6.5% | -643.4% |
| 2021 | -6.7% | +2.2% |
| 2022 | 29.9% | -548.5% |
| 2023 | -12.6% | -142.1% |
| 2024 | -9.6% | -23.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -1.2% | 4.7% | 3 |
| 2010s | 3.9% | -7.6% | 15.2% | 10 |
| 2020s | -1.1% | -12.6% | 29.9% | 5 |
Countries ranked near Kiribati
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)
- Manufacturing, value added (constant LCU), per capita 122.89 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 23.11 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1178 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 300.47 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 23.94 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.1785 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 455.32 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 21.1 % change on previous year (2024)
Frequently asked questions
- What is general government final consumption expenditure in Kiribati?
- General government final consumption expenditure in Kiribati was -9.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Kiribati?
- The highest recorded value was 29.9% in 2022.
- What is the lowest general government final consumption expenditure recorded in Kiribati?
- The lowest recorded value was -12.6% in 2023.
- How does Kiribati rank for general government final consumption expenditure?
- Kiribati ranks 170th out of 173 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is down 163.2%. The long-run trend across the full record is volatile.
- 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 General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.