Gross domestic savings (current LCU) in Kiribati
Kiribati: Gross domestic savings (current LCU) was -326.70 million current LCU in 2024. ◆ Volatile
Gross domestic savings in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Kiribati recorded -326.70 million current LCU for gross domestic savings in 2024.
Compared with earlier readings it is up 2.3% on the previous year and down 174.3% over ten years.
Over the whole period, gross domestic savings in Kiribati peaked at -82.50 million current LCU in 2007 and was at its lowest, -334.40 million current LCU, in 2023.
That places Kiribati 164th out of 188 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | -87.98 million current LCU | — |
| 2007 | -82.50 million current LCU | -6.2% |
| 2008 | -91.75 million current LCU | +11.2% |
| 2009 | -90.94 million current LCU | -0.9% |
| 2010 | -83.55 million current LCU | -8.1% |
| 2011 | -92.34 million current LCU | +10.5% |
| 2012 | -91.54 million current LCU | -0.9% |
| 2013 | -95.80 million current LCU | +4.7% |
| 2014 | -119.08 million current LCU | +24.3% |
| 2015 | -115.95 million current LCU | -2.6% |
| 2016 | -134.84 million current LCU | +16.3% |
| 2017 | -141.12 million current LCU | +4.7% |
| 2018 | -142.19 million current LCU | +0.8% |
| 2019 | -164.30 million current LCU | +15.5% |
| 2020 | -142.44 million current LCU | -13.3% |
| 2021 | -189.52 million current LCU | +33.1% |
| 2022 | -279.52 million current LCU | +47.5% |
| 2023 | -334.40 million current LCU | +19.6% |
| 2024 | -326.70 million current LCU | -2.3% |
Kiribati compared with similar countries
- Kiribati's -326.70 million current LCU is below the median for lower middle income countries, which is 139.46 billion current LCU. (45 countries reporting)
- Kiribati's -326.70 million current LCU is below the median for East Asia & Pacific, which is 241.14 billion current LCU. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -88.29 million current LCU | -91.75 million current LCU | -82.50 million current LCU | 4 |
| 2010s | -118.07 million current LCU | -164.30 million current LCU | -83.55 million current LCU | 10 |
| 2020s | -254.52 million current LCU | -334.40 million current LCU | -142.44 million current LCU | 5 |
Countries ranked near Kiribati
- 161 Marshall Islands -68.44 million current LCU compare
- 162 United States Virgin Islands -155.00 million current LCU compare
- 163 Tonga -303.53 million current LCU compare
- 165 Guyana -528.00 million current LCU
- 166 East Timor -824.73 million current LCU compare
- 167 Jordan -880.40 million current LCU
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Kiribati?
- Gross domestic savings in Kiribati was -326.70 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Kiribati?
- The highest recorded value was -82.50 million current LCU in 2007.
- What is the lowest gross domestic savings recorded in Kiribati?
- The lowest recorded value was -334.40 million current LCU in 2023.
- How does Kiribati rank for gross domestic savings?
- Kiribati ranks 164th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Kiribati?
- Over the last ten years it is down 174.3%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.