Gross domestic product (GDP), Constant prices, Purchasing power in Kiribati

Kiribati: Gross domestic product (GDP), Constant prices, Purchasing power was 2.3 % change on previous year in 2019. ◆ Volatile

Latest (2019)
2.3 % change on previous year
Change on year
down 0.7%
World rank
101st
of 193 countries
All-time high
45.3 % change on previous year
in 1974
All-time low
-44.44 % change on previous year
in 1980
Years of data
49
1971–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Kiribati, 1971–2019

-40-2002040197119952019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Kiribati stood at 2.3 % change on previous year.

That represents a change of down 0.7% on the previous year and up 185.9% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Kiribati peaked at 45.3 % change on previous year in 1974 and was at its lowest, -44.44 % change on previous year, in 1980.

That places Kiribati 101st out of 193 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Kiribati, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Kiribati, 1971 to 2019.
Year % change on previous year Change
1971 -2.29 % change on previous year —
1972 12.08 % change on previous year -627.5%
1973 20.91 % change on previous year +73.1%
1974 45.3 % change on previous year +116.7%
1975 5.34 % change on previous year -88.2%
1976 -26.77 % change on previous year -600.9%
1977 -4.61 % change on previous year -82.8%
1978 1.06 % change on previous year -123.0%
1979 -11.58 % change on previous year -1193.6%
1980 -44.44 % change on previous year +283.6%
1981 -3.47 % change on previous year -92.2%
1982 10.14 % change on previous year -392.2%
1983 -9.8 % change on previous year -196.6%
1984 7.72 % change on previous year -178.8%
1985 -4.61 % change on previous year -159.8%
1986 1.56 % change on previous year -133.8%
1987 -3.06 % change on previous year -296.7%
1988 18.24 % change on previous year -695.6%
1989 -8.56 % change on previous year -146.9%
1990 2.13 % change on previous year -124.9%
1991 6.29 % change on previous year +194.7%
1992 0.1869 % change on previous year -97.0%
1993 0.5795 % change on previous year +210.1%
1994 1.31 % change on previous year +126.6%
1995 -0.6409 % change on previous year -148.8%
1996 3.01 % change on previous year -569.3%
1997 2.36 % change on previous year -21.6%
1998 7.26 % change on previous year +208.0%
1999 -2.76 % change on previous year -138.0%
2000 12.04 % change on previous year -536.5%
2001 -4.76 % change on previous year -139.5%
2002 0.2933 % change on previous year -106.2%
2003 4.18 % change on previous year +1325.3%
2004 -1.68 % change on previous year -140.3%
2005 4.95 % change on previous year -393.9%
2006 -0.0494 % change on previous year -101.0%
2007 2.04 % change on previous year -4222.4%
2008 -2.09 % change on previous year -202.8%
2009 0.8032 % change on previous year -138.4%
2010 -0.924 % change on previous year -215.0%
2011 1.59 % change on previous year -272.6%
2012 4.65 % change on previous year +191.6%
2013 4.28 % change on previous year -8.0%
2014 -0.6047 % change on previous year -114.1%
2015 10.3 % change on previous year -1802.7%
2016 1.14 % change on previous year -88.9%
2017 4.88 % change on previous year +328.3%
2018 2.31 % change on previous year -52.6%
2019 2.3 % change on previous year -0.7%

Kiribati compared with similar countries

  • Kiribati's 2.3 % change on previous year is below the median for lower middle income countries, which is 3.7 % change on previous year, 62% of the median. (46 countries reporting)
  • Kiribati's 2.3 % change on previous year is below the median for East Asia & Pacific, which is 2.37 % change on previous year, 97% of the median. (31 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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.

YearChange FromTo
2007 +4222.4% -0.0494 % change on previous year 2.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.38 % change on previous year -26.77 % change on previous year 45.3 % change on previous year 9
1980s -3.63 % change on previous year -44.44 % change on previous year 18.24 % change on previous year 10
1990s 1.97 % change on previous year -2.76 % change on previous year 7.26 % change on previous year 10
2000s 1.57 % change on previous year -4.76 % change on previous year 12.04 % change on previous year 10
2010s 2.99 % change on previous year -0.924 % change on previous year 10.3 % change on previous year 10

Countries ranked near Kiribati

  1. 98 El Salvador 2.38 % change on previous year compare
  2. 99 Thailand 2.37 % change on previous year compare
  3. 100 Luxembourg 2.3 % change on previous year compare
  4. 102 Mozambique 2.28 % change on previous year compare
  5. 103 Sri Lanka 2.28 % change on previous year compare
  6. 104 Czechia 2.27 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Kiribati

All data for Kiribati →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Kiribati?
Gross domestic product (gdp), constant prices, purchasing power in Kiribati was 2.3 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Kiribati?
The highest recorded value was 45.3 % change on previous year in 1974.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Kiribati?
The lowest recorded value was -44.44 % change on previous year in 1980.
How does Kiribati rank for gross domestic product (gdp), constant prices, purchasing power?
Kiribati ranks 101st out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Kiribati?
Over the last ten years it is up 185.9%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Kiribati. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/kiribati/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.