Gross domestic savings (current LCU), per unit of GDP in Kiribati
Kiribati: Gross domestic savings (current LCU), per unit of GDP was -0.9521 current LCU per US$ of GDP in 2024. ▼ Falling
Gross domestic savings (current LCU), per unit of GDP in Kiribati, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kiribati recorded -0.9521 current LCU per US$ of GDP for gross domestic savings (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 17.0% on the previous year and down 60.1% over ten years.
Over the whole period, gross domestic savings (current lcu), per unit of gdp in Kiribati peaked at -0.4422 current LCU per US$ of GDP in 2012 and was at its lowest, -1.15 current LCU per US$ of GDP, in 2023.
Kiribati ranks 173rd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Gross domestic savings (current LCU), per unit of GDP in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | -0.7831 current LCU per US$ of GDP | — |
| 2007 | -0.5976 current LCU per US$ of GDP | -23.7% |
| 2008 | -0.624 current LCU per US$ of GDP | +4.4% |
| 2009 | -0.6488 current LCU per US$ of GDP | +4.0% |
| 2010 | -0.5049 current LCU per US$ of GDP | -22.2% |
| 2011 | -0.4712 current LCU per US$ of GDP | -6.7% |
| 2012 | -0.4422 current LCU per US$ of GDP | -6.2% |
| 2013 | -0.4749 current LCU per US$ of GDP | +7.4% |
| 2014 | -0.5946 current LCU per US$ of GDP | +25.2% |
| 2015 | -0.6053 current LCU per US$ of GDP | +1.8% |
| 2016 | -0.6531 current LCU per US$ of GDP | +7.9% |
| 2017 | -0.6327 current LCU per US$ of GDP | -3.1% |
| 2018 | -0.608 current LCU per US$ of GDP | -3.9% |
| 2019 | -0.7575 current LCU per US$ of GDP | +24.6% |
| 2020 | -0.6448 current LCU per US$ of GDP | -14.9% |
| 2021 | -0.6639 current LCU per US$ of GDP | +3.0% |
| 2022 | -1.03 current LCU per US$ of GDP | +55.2% |
| 2023 | -1.15 current LCU per US$ of GDP | +11.2% |
| 2024 | -0.9521 current LCU per US$ of GDP | -17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.6634 current LCU per US$ of GDP | -0.7831 current LCU per US$ of GDP | -0.5976 current LCU per US$ of GDP | 4 |
| 2010s | -0.5744 current LCU per US$ of GDP | -0.7575 current LCU per US$ of GDP | -0.4422 current LCU per US$ of GDP | 10 |
| 2020s | -0.8876 current LCU per US$ of GDP | -1.15 current LCU per US$ of GDP | -0.6448 current LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 170 Solomon Islands -0.6853 current LCU per US$ of GDP compare
- 171 Republic of Moldova -0.8645 current LCU per US$ of GDP compare
- 172 Haiti -0.9226 current LCU per US$ of GDP compare
- 174 Ukraine -2.39 current LCU per US$ of GDP compare
- 175 Sao Tome and Principe -2.45 current LCU per US$ of GDP compare
- 176 Eritrea -3.81 current LCU per US$ of GDP compare
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)
- Gross capital formation (constant 2015 US$), annual growth rate 32.07 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2766 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 705.68 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 14.12 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.9759 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 2,490 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 14.89 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 1.48 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings (current lcu), per unit of gdp in Kiribati?
- Gross domestic savings (current lcu), per unit of gdp in Kiribati was -0.9521 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was -0.4422 current LCU per US$ of GDP in 2012.
- What is the lowest gross domestic savings (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was -1.15 current LCU per US$ of GDP in 2023.
- How does Kiribati rank for gross domestic savings (current lcu), per unit of gdp?
- Kiribati ranks 173rd out of 187 countries with data for 2024.
- Is gross domestic savings (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is down 60.1%. The long-run trend across the full record is falling.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.