Gross national expenditure (current LCU), annual growth rate in Kiribati

Kiribati: Gross national expenditure (current LCU), annual growth rate was 13.63 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.63 % change on previous year
Change on year
down 13.9%
World rank
35th
of 185 countries
All-time high
24.76 % change on previous year
in 2021
All-time low
-3.19 % change on previous year
in 2010
Years of data
18
2007–2024

Gross national expenditure (current LCU), annual growth rate in Kiribati, 2007–2024

010202007201520242007: 4.7 % change on previous year2008: 6.9 % change on previous year2009: 3.6 % change on previous year2010: -3.2 % change on previous year2011: 9.1 % change on previous year2012: 8.6 % change on previous year2013: 6.8 % change on previous year2014: 9.4 % change on previous year2015: 15.4 % change on previous year2016: 6.1 % change on previous year2017: 3 % change on previous year2018: 0.742 % change on previous year2019: 2.2 % change on previous year2020: -2.9 % change on previous year2021: 24.8 % change on previous year2022: 19.5 % change on previous year2023: 15.8 % change on previous year2024: 13.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross national expenditure (current lcu), annual growth rate in Kiribati is 13.63 % change on previous year, measured in 2024.

That represents a change of down 13.9% on the previous year and up 45.8% over ten years.

Over the whole period, gross national expenditure (current lcu), annual growth rate in Kiribati peaked at 24.76 % change on previous year in 2021 and was at its lowest, -3.19 % change on previous year, in 2010.

Kiribati ranks 35th of 185 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross national expenditure (current LCU), annual growth rate in Kiribati, year by year

Annual values for Gross national expenditure (current LCU), annual growth rate in Kiribati, 2007 to 2024.
Year % change on previous year Change
2007 4.67 % change on previous year
2008 6.94 % change on previous year +48.7%
2009 3.59 % change on previous year -48.2%
2010 -3.19 % change on previous year -188.6%
2011 9.11 % change on previous year -386.1%
2012 8.64 % change on previous year -5.2%
2013 6.75 % change on previous year -21.8%
2014 9.35 % change on previous year +38.4%
2015 15.38 % change on previous year +64.5%
2016 6.11 % change on previous year -60.3%
2017 3 % change on previous year -50.9%
2018 0.7415 % change on previous year -75.3%
2019 2.23 % change on previous year +200.5%
2020 -2.92 % change on previous year -230.8%
2021 24.76 % change on previous year -949.2%
2022 19.54 % change on previous year -21.1%
2023 15.82 % change on previous year -19.0%
2024 13.63 % change on previous year -13.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.07 % change on previous year 3.59 % change on previous year 6.94 % change on previous year 3
2010s 5.81 % change on previous year -3.19 % change on previous year 15.38 % change on previous year 10
2020s 14.17 % change on previous year -2.92 % change on previous year 24.76 % change on previous year 5

Countries ranked near Kiribati

  1. 32 Uzbekistan 14.68 % change on previous year compare
  2. 33 Armenia 13.94 % change on previous year compare
  3. 34 Madagascar 13.72 % change on previous year compare
  4. 36 Kazakhstan 13.44 % change on previous year compare
  5. 37 Eritrea 13.06 % change on previous year compare
  6. 38 Uganda 13.04 % change on previous year compare

See the full ranking of 185 places →

More economy & growth data for Kiribati

All data for Kiribati →

Frequently asked questions

What is gross national expenditure (current lcu), annual growth rate in Kiribati?
Gross national expenditure (current lcu), annual growth rate in Kiribati was 13.63 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross national expenditure (current lcu), annual growth rate recorded in Kiribati?
The highest recorded value was 24.76 % change on previous year in 2021.
What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Kiribati?
The lowest recorded value was -3.19 % change on previous year in 2010.
How does Kiribati rank for gross national expenditure (current lcu), annual growth rate?
Kiribati ranks 35th out of 185 countries with data for 2024.
Is gross national expenditure (current lcu), annual growth rate rising or falling in Kiribati?
Over the last ten years it is up 45.8%. 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 national expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (current LCU), annual growth rate in Kiribati. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-current-lcu-annual-growth-rate/kiribati/

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How this figure is calculated

The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross national expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,317 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.