Gross domestic savings (current LCU), annual growth rate (LCU annual) in Kiribati
Kiribati: Gross domestic savings (current LCU), annual growth rate (LCU annual) was 2.3 % change on previous year in 2024. ◆ Volatile
Gross domestic savings (current LCU), annual growth rate in Kiribati, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic savings (current lcu), annual growth rate in Kiribati is 2.3 % change on previous year, measured in 2024.
Compared with earlier readings it is up 111.7% on the previous year and up 109.5% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Kiribati peaked at 13.3 % change on previous year in 2020 and was at its lowest, -47.49 % change on previous year, in 2022.
That places Kiribati 109th out of 185 countries with data for 2024, 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 savings (current LCU), annual growth rate (LCU annual) in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 6.23 % change on previous year | — |
| 2008 | -11.21 % change on previous year | -280.0% |
| 2009 | 0.8739 % change on previous year | -107.8% |
| 2010 | 8.13 % change on previous year | +830.5% |
| 2011 | -10.53 % change on previous year | -229.4% |
| 2012 | 0.8673 % change on previous year | -108.2% |
| 2013 | -4.65 % change on previous year | -636.4% |
| 2014 | -24.3 % change on previous year | +422.5% |
| 2015 | 2.63 % change on previous year | -110.8% |
| 2016 | -16.28 % change on previous year | -719.7% |
| 2017 | -4.66 % change on previous year | -71.4% |
| 2018 | -0.7625 % change on previous year | -83.6% |
| 2019 | -15.54 % change on previous year | +1938.4% |
| 2020 | 13.3 % change on previous year | -185.6% |
| 2021 | -33.05 % change on previous year | -348.5% |
| 2022 | -47.49 % change on previous year | +43.7% |
| 2023 | -19.63 % change on previous year | -58.7% |
| 2024 | 2.3 % change on previous year | -111.7% |
Kiribati compared with similar countries
- Kiribati's 2.3 % change on previous year is below the median for lower middle income countries, which is 7.73 % change on previous year, 30% of the median. (45 countries reporting)
- Kiribati's 2.3 % change on previous year is below the median for East Asia & Pacific, which is 5.09 % change on previous year, 45% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU), annual growth rate (LCU annual) 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 |
|---|---|---|---|
| 2019 | -1938.4% | -0.7625 % change on previous year | -15.54 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.37 % change on previous year | -11.21 % change on previous year | 6.23 % change on previous year | 3 |
| 2010s | -6.51 % change on previous year | -24.3 % change on previous year | 8.13 % change on previous year | 10 |
| 2020s | -16.91 % change on previous year | -47.49 % change on previous year | 13.3 % change on previous year | 5 |
Countries ranked near Kiribati
- 106 Maldives 3.18 % change on previous year compare
- 107 Algeria 2.8 % change on previous year compare
- 108 Bolivia 2.33 % change on previous year compare
- 110 Singapore 2.09 % change on previous year compare
- 111 Italy 1.84 % change on previous year compare
- 112 Botswana 1.77 % 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 savings (current lcu), annual growth rate in Kiribati?
- Gross domestic savings (current lcu), annual growth rate in Kiribati was 2.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 13.3 % change on previous year in 2020.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -47.49 % change on previous year in 2022.
- How does Kiribati rank for gross domestic savings (current lcu), annual growth rate?
- Kiribati ranks 109th out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 109.5%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.