Gross domestic savings in Kiribati
Kiribati: Gross domestic savings was -215.59 million current US$ in 2024. ▼ Falling
Gross domestic savings in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross domestic savings in Kiribati stood at -215.59 million current US$.
Compared with earlier readings it is up 3.0% on the previous year and down 100.8% over ten years.
Over the whole period, gross domestic savings in Kiribati peaked at -66.25 million current US$ in 2006 and was at its lowest, -222.16 million current US$, in 2023.
Kiribati ranks 170th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Gross domestic savings in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | -66.25 million current US$ | — |
| 2007 | -69.03 million current US$ | +4.2% |
| 2008 | -76.96 million current US$ | +11.5% |
| 2009 | -70.93 million current US$ | -7.8% |
| 2010 | -76.64 million current US$ | +8.1% |
| 2011 | -95.25 million current US$ | +24.3% |
| 2012 | -94.78 million current US$ | -0.5% |
| 2013 | -92.49 million current US$ | -2.4% |
| 2014 | -107.34 million current US$ | +16.1% |
| 2015 | -87.11 million current US$ | -18.8% |
| 2016 | -100.23 million current US$ | +15.1% |
| 2017 | -108.16 million current US$ | +7.9% |
| 2018 | -106.24 million current US$ | -1.8% |
| 2019 | -114.21 million current US$ | +7.5% |
| 2020 | -98.03 million current US$ | -14.2% |
| 2021 | -142.37 million current US$ | +45.2% |
| 2022 | -193.89 million current US$ | +36.2% |
| 2023 | -222.16 million current US$ | +14.6% |
| 2024 | -215.59 million current US$ | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -70.79 million current US$ | -76.96 million current US$ | -66.25 million current US$ | 4 |
| 2010s | -98.25 million current US$ | -114.21 million current US$ | -76.64 million current US$ | 10 |
| 2020s | -174.41 million current US$ | -222.16 million current US$ | -98.03 million current US$ | 5 |
Countries ranked near Kiribati
- 167 Central African Republic -150.63 million current US$ compare
- 168 United States Virgin Islands -155.00 million current US$ compare
- 169 Comoros -189.56 million current US$ compare
- 171 Haiti -226.44 million current US$ compare
- 172 Malawi -353.29 million current US$ compare
- 173 French Polynesia -361.30 million current US$ 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)
- GNI (current LCU), annual growth rate 4.39 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.4 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 6,133 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 2.2 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 4.67 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -7.81 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP -0.0201 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita -51.27 current US$ per person (2024)
Frequently asked questions
- What is gross domestic savings in Kiribati?
- Gross domestic savings in Kiribati was -215.59 million current US$ 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 -66.25 million current US$ in 2006.
- What is the lowest gross domestic savings recorded in Kiribati?
- The lowest recorded value was -222.16 million current US$ in 2023.
- How does Kiribati rank for gross domestic savings?
- Kiribati ranks 170th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Kiribati?
- Over the last ten years it is down 100.8%. The long-run trend across the full record is falling.
- 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 US$). 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 indicator is expressed in United States dollars.