Gross domestic savings (current US$) in Kiribati
Kiribati: Gross domestic savings (current US$) 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$, in 2023.
Kiribati ranks 171st of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Gross domestic savings (current US$) 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% |
Kiribati compared with similar countries
- Kiribati's -215.59 million current US$ is below the median for lower middle income countries, which is 3.13 billion current US$. (45 countries reporting)
- Kiribati's -215.59 million current US$ is below the median for East Asia & Pacific, which is 8.60 billion current US$. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -70.79 million current US$ | -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
- 168 Central African Republic -150.63 million current US$ compare
- 169 United States Virgin Islands -155.00 million current US$ compare
- 170 Comoros -189.56 million current US$ compare
- 172 Haiti -226.44 million current US$ compare
- 173 Malawi -353.29 million current US$ compare
- 174 French Polynesia -361.30 million current US$ 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 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 171st 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 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.