Gross Domestic Product — Value US$, annual growth rate in Kiribati

Kiribati: Gross Domestic Product — Value US$, annual growth rate was 6.67 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.67 % change on previous year
Change on year
down 3.0%
World rank
89th
of 236 countries
All-time high
57.01 % change on previous year
in 1973
All-time low
-30.01 % change on previous year
in 1976
Years of data
54
1971–2024

Gross Domestic Product — Value US$, annual growth rate in Kiribati, 1971–2024

-40-200204060197119972024

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

Analysis

Kiribati recorded 6.67 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.

The figure is down 3.0% on the previous year and up 1,031.9% over ten years.

Over the whole period, gross domestic product — value us$, annual growth rate in Kiribati peaked at 57.01 % change on previous year in 1973 and was at its lowest, -30.01 % change on previous year, in 1976.

Kiribati ranks 89th of 236 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 US$, annual growth rate in Kiribati, year by year

Annual values for Gross Domestic Product — Value US$, annual growth rate in Kiribati, 1971 to 2024.
Year % change on previous year Change
1971 -0.721 % change on previous year
1972 16.4 % change on previous year -2374.3%
1973 57.01 % change on previous year +247.7%
1974 55.64 % change on previous year -2.4%
1975 -1.4 % change on previous year -102.5%
1976 -30.01 % change on previous year +2037.6%
1977 -11.62 % change on previous year -61.3%
1978 9.15 % change on previous year -178.7%
1979 -9.21 % change on previous year -200.7%
1980 -3.8 % change on previous year -58.8%
1981 6.36 % change on previous year -267.6%
1982 -7.16 % change on previous year -212.5%
1983 -5.32 % change on previous year -25.7%
1984 10.95 % change on previous year -305.7%
1985 -24.04 % change on previous year -319.6%
1986 -0.5114 % change on previous year -97.9%
1987 13.7 % change on previous year -2779.4%
1988 29.52 % change on previous year +115.5%
1989 -1.65 % change on previous year -105.6%
1990 -2.95 % change on previous year +78.3%
1991 12.9 % change on previous year -537.2%
1992 49.08 % change on previous year +280.4%
1993 -4.13 % change on previous year -108.4%
1994 13.74 % change on previous year -433.0%
1995 2.3 % change on previous year -83.3%
1996 18.75 % change on previous year +715.8%
1997 -1.54 % change on previous year -108.2%
1998 -6.61 % change on previous year +330.3%
1999 3.23 % change on previous year -148.9%
2000 -3.12 % change on previous year -196.7%
2001 -13.32 % change on previous year +326.6%
2002 15.1 % change on previous year -213.4%
2003 28.58 % change on previous year +89.2%
2004 8.3 % change on previous year -70.9%
2005 9.42 % change on previous year +13.5%
2006 -1.37 % change on previous year -114.5%
2007 22.89 % change on previous year -1774.6%
2008 6.49 % change on previous year -71.6%
2009 -4.65 % change on previous year -171.7%
2010 18.04 % change on previous year -487.6%
2011 18.44 % change on previous year +2.3%
2012 5.63 % change on previous year -69.5%
2013 -2.55 % change on previous year -145.2%
2014 -0.7158 % change on previous year -71.9%
2015 -4.36 % change on previous year +508.8%
2016 7.78 % change on previous year -278.6%
2017 7.95 % change on previous year +2.1%
2018 4.77 % change on previous year -39.9%
2019 -7.08 % change on previous year -248.3%
2020 1.8 % change on previous year -125.5%
2021 29.14 % change on previous year +1515.7%
2022 -5.34 % change on previous year -118.3%
2023 6.88 % change on previous year -228.9%
2024 6.67 % change on previous year -3.0%

Biggest year-on-year movements

Years where Gross Domestic Product — Value US$, 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.

YearChange FromTo
1987 +2779.4% -0.5114 % change on previous year 13.7 % change on previous year
1972 +2374.3% -0.721 % change on previous year 16.4 % change on previous year
1976 -2037.6% -1.4 % change on previous year -30.01 % change on previous year
2007 +1774.6% -1.37 % change on previous year 22.89 % change on previous year
2021 +1515.7% 1.8 % change on previous year 29.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.47 % change on previous year -30.01 % change on previous year 57.01 % change on previous year 9
1980s 1.81 % change on previous year -24.04 % change on previous year 29.52 % change on previous year 10
1990s 8.48 % change on previous year -6.61 % change on previous year 49.08 % change on previous year 10
2000s 6.83 % change on previous year -13.32 % change on previous year 28.58 % change on previous year 10
2010s 4.79 % change on previous year -7.08 % change on previous year 18.44 % change on previous year 10
2020s 7.83 % change on previous year -5.34 % change on previous year 29.14 % change on previous year 5

Countries ranked near Kiribati

  1. 86 Caribbean 6.85 % change on previous year compare
  2. 87 China, Hong Kong SAR 6.83 % change on previous year compare
  3. 88 Andorra 6.73 % change on previous year compare
  4. 90 Mauritius 6.62 % change on previous year compare
  5. 91 Barbados 6.61 % change on previous year compare
  6. 92 Sint Maarten (Dutch part) 6.6 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Kiribati

All data for Kiribati →

Frequently asked questions

What is gross domestic product — value us$, annual growth rate in Kiribati?
Gross domestic product — value us$, annual growth rate in Kiribati was 6.67 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value us$, annual growth rate recorded in Kiribati?
The highest recorded value was 57.01 % change on previous year in 1973.
What is the lowest gross domestic product — value us$, annual growth rate recorded in Kiribati?
The lowest recorded value was -30.01 % change on previous year in 1976.
How does Kiribati rank for gross domestic product — value us$, annual growth rate?
Kiribati ranks 89th out of 236 countries with data for 2024.
Is gross domestic product — value us$, annual growth rate rising or falling in Kiribati?
Over the last ten years it is up 1,031.9%. 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 — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, annual growth rate in Kiribati. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-annual-growth-rate/kiribati/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value US$. 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 — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,305 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.