Gross domestic product (GDP), Current prices, Domestic currency in Kiribati
Kiribati: Gross domestic product (GDP), Current prices, Domestic currency was 0.2803 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Kiribati, 1970–2019
Source: International Monetary Fund.
Analysis
Kiribati recorded 0.2803 for gross domestic product (gdp), current prices, domestic currency in 2019. That is the highest value across all 50 years on record.
The figure is up 6.5% on the previous year and up 65.1% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Kiribati peaked at 0.2803 in 2019 and was at its lowest, 0.018, in 1970.
That places Kiribati 191st out of 194 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.018 | — |
| 1971 | 0.0189 | +4.7% |
| 1972 | 0.0223 | +17.9% |
| 1973 | 0.0313 | +40.6% |
| 1974 | 0.0514 | +64.2% |
| 1975 | 0.0592 | +15.3% |
| 1976 | 0.0474 | -20.0% |
| 1977 | 0.0492 | +3.9% |
| 1978 | 0.0555 | +12.8% |
| 1979 | 0.0542 | -2.3% |
| 1980 | 0.0294 | -45.7% |
| 1981 | 0.0344 | +16.8% |
| 1982 | 0.0384 | +11.7% |
| 1983 | 0.0408 | +6.3% |
| 1984 | 0.0459 | +12.7% |
| 1985 | 0.0429 | -6.6% |
| 1986 | 0.0433 | +0.9% |
| 1987 | 0.0481 | +11.0% |
| 1988 | 0.0556 | +15.5% |
| 1989 | 0.0526 | -5.3% |
| 1990 | 0.0512 | -2.6% |
| 1991 | 0.0608 | +18.7% |
| 1992 | 0.0655 | +7.7% |
| 1993 | 0.0692 | +5.7% |
| 1994 | 0.075 | +8.4% |
| 1995 | 0.0755 | +0.7% |
| 1996 | 0.0854 | +13.1% |
| 1997 | 0.0906 | +6.0% |
| 1998 | 0.1045 | +15.3% |
| 1999 | 0.1072 | +2.6% |
| 2000 | 0.1288 | +20.2% |
| 2001 | 0.1261 | -2.1% |
| 2002 | 0.1357 | +7.6% |
| 2003 | 0.1453 | +7.0% |
| 2004 | 0.1392 | -4.2% |
| 2005 | 0.1468 | +5.5% |
| 2006 | 0.1464 | -0.3% |
| 2007 | 0.1586 | +8.3% |
| 2008 | 0.1682 | +6.1% |
| 2009 | 0.1698 | +1.0% |
| 2010 | 0.1702 | +0.2% |
| 2011 | 0.1762 | +3.5% |
| 2012 | 0.1836 | +4.2% |
| 2013 | 0.1917 | +4.4% |
| 2014 | 0.1984 | +3.5% |
| 2015 | 0.2251 | +13.5% |
| 2016 | 0.2442 | +8.5% |
| 2017 | 0.2444 | +0.1% |
| 2018 | 0.2633 | +7.8% |
| 2019 | 0.2803 | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0407 | 0.018 | 0.0592 | 10 |
| 1980s | 0.0431 | 0.0294 | 0.0556 | 10 |
| 1990s | 0.0785 | 0.0512 | 0.1072 | 10 |
| 2000s | 0.1465 | 0.1261 | 0.1698 | 10 |
| 2010s | 0.2178 | 0.1702 | 0.2803 | 10 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 9.89 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 1.57 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 4,013 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 10.57 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.04 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,665 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 8.74 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 1.63 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Kiribati?
- Gross domestic product (gdp), current prices, domestic currency in Kiribati was 0.2803 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Kiribati?
- The highest recorded value was 0.2803 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Kiribati?
- The lowest recorded value was 0.018 in 1970.
- How does Kiribati rank for gross domestic product (gdp), current prices, domestic currency?
- Kiribati ranks 191st out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Kiribati?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.