Gross Domestic Product: Value Standard … Gross annual growth rate in Kiribati
Kiribati: Gross Domestic Product: Value Standard … Gross annual growth rate was 7.39 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Kiribati, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kiribati recorded 7.39 % change on previous year for gross domestic product — value standard local currency, annual growth in 2024.
The figure is down 36.2% on the previous year and up 16.7% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Kiribati peaked at 58.12 % change on previous year in 1992 and was at its lowest, -25.03 % change on previous year, in 1976.
Kiribati ranks 100th of 218 countries on this measure, 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: Value Standard … Gross annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -1.85 % change on previous year | — |
| 1972 | 10.6 % change on previous year | -671.8% |
| 1973 | 31.82 % change on previous year | +200.2% |
| 1974 | 54 % change on previous year | +69.7% |
| 1975 | 8.11 % change on previous year | -85.0% |
| 1976 | -25.03 % change on previous year | -408.7% |
| 1977 | -2.59 % change on previous year | -89.6% |
| 1978 | 5.74 % change on previous year | -321.1% |
| 1979 | -7.03 % change on previous year | -222.6% |
| 1980 | -5.56 % change on previous year | -21.0% |
| 1981 | 5.39 % change on previous year | -197.0% |
| 1982 | 5.18 % change on previous year | -3.9% |
| 1983 | 6.6 % change on previous year | +27.5% |
| 1984 | 13.9 % change on previous year | +110.5% |
| 1985 | -4.55 % change on previous year | -132.7% |
| 1986 | 3.94 % change on previous year | -186.7% |
| 1987 | 8.55 % change on previous year | +116.9% |
| 1988 | 16.07 % change on previous year | +88.0% |
| 1989 | -2.83 % change on previous year | -117.6% |
| 1990 | -1.69 % change on previous year | -40.4% |
| 1991 | 13.14 % change on previous year | -878.3% |
| 1992 | 58.12 % change on previous year | +342.4% |
| 1993 | 3.54 % change on previous year | -93.9% |
| 1994 | 5.79 % change on previous year | +63.5% |
| 1995 | 0.8982 % change on previous year | -84.5% |
| 1996 | 12.48 % change on previous year | +1289.8% |
| 1997 | 3.82 % change on previous year | -69.4% |
| 1998 | 10.34 % change on previous year | +170.5% |
| 1999 | 0.5124 % change on previous year | -95.0% |
| 2000 | 7.81 % change on previous year | +1424.1% |
| 2001 | -2.83 % change on previous year | -136.3% |
| 2002 | 9.57 % change on previous year | -438.2% |
| 2003 | 7.72 % change on previous year | -19.4% |
| 2004 | -4.49 % change on previous year | -158.2% |
| 2005 | 5.38 % change on previous year | -219.7% |
| 2006 | 0.0261 % change on previous year | -99.5% |
| 2007 | 10.59 % change on previous year | +40412.6% |
| 2008 | 6.23 % change on previous year | -41.2% |
| 2009 | 2.55 % change on previous year | -59.2% |
| 2010 | 0.3572 % change on previous year | -86.0% |
| 2011 | 5.33 % change on previous year | +1391.6% |
| 2012 | 5.23 % change on previous year | -1.8% |
| 2013 | 4.52 % change on previous year | -13.5% |
| 2014 | 6.33 % change on previous year | +40.0% |
| 2015 | 14.76 % change on previous year | +133.1% |
| 2016 | 8.93 % change on previous year | -39.5% |
| 2017 | 4.7 % change on previous year | -47.3% |
| 2018 | 7.48 % change on previous year | +59.0% |
| 2019 | -0.1293 % change on previous year | -101.7% |
| 2020 | 2.83 % change on previous year | -2293.2% |
| 2021 | 18.31 % change on previous year | +545.7% |
| 2022 | 2.52 % change on previous year | -86.2% |
| 2023 | 11.59 % change on previous year | +360.1% |
| 2024 | 7.39 % change on previous year | -36.2% |
Kiribati compared with similar countries
- Kiribati's 7.39 % change on previous year is below the median for lower middle income countries, which is 9.89 % change on previous year, 75% of the median. (43 countries reporting)
- Kiribati's 7.39 % change on previous year is above the median for East Asia & Pacific, which is 7.02 % change on previous year, 1.1× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product: Value Standard … Gross annual growth rate 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 |
|---|---|---|---|
| 2007 | +40412.6% | 0.0261 % change on previous year | 10.59 % change on previous year |
| 2020 | +2293.2% | -0.1293 % change on previous year | 2.83 % change on previous year |
| 2000 | +1424.1% | 0.5124 % change on previous year | 7.81 % change on previous year |
| 2011 | +1391.6% | 0.3572 % change on previous year | 5.33 % change on previous year |
| 1996 | +1289.8% | 0.8982 % change on previous year | 12.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.19 % change on previous year | -25.03 % change on previous year | 54 % change on previous year | 9 |
| 1980s | 4.67 % change on previous year | -5.56 % change on previous year | 16.07 % change on previous year | 10 |
| 1990s | 10.7 % change on previous year | -1.69 % change on previous year | 58.12 % change on previous year | 10 |
| 2000s | 4.26 % change on previous year | -4.49 % change on previous year | 10.59 % change on previous year | 10 |
| 2010s | 5.75 % change on previous year | -0.1293 % change on previous year | 14.76 % change on previous year | 10 |
| 2020s | 8.53 % change on previous year | 2.52 % change on previous year | 18.31 % change on previous year | 5 |
Countries ranked near Kiribati
- 97 Monaco 7.58 % change on previous year compare
- 98 Uruguay 7.52 % change on previous year compare
- 99 Guatemala 7.44 % change on previous year compare
- 101 Brazil 7.32 % change on previous year compare
- 102 Armenia 7.13 % change on previous year compare
- 103 Montenegro 7.12 % change on previous year compare
More economy & growth data for Kiribati
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Kiribati?
- Gross domestic product — value standard local currency, annual growth in Kiribati was 7.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Kiribati?
- The highest recorded value was 58.12 % change on previous year in 1992.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Kiribati?
- The lowest recorded value was -25.03 % change on previous year in 1976.
- How does Kiribati rank for gross domestic product — value standard local currency, annual growth?
- Kiribati ranks 100th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Kiribati?
- Over the last ten years it is up 16.7%. 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 Gross Domestic Product — Value Standard Local Currency, 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 Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency 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 Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.