Gross national expenditure (current LCU) in Kiribati
Kiribati: Gross national expenditure (current LCU) was 1.00 billion current LCU in 2024. ▲ Rising
Gross national expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Kiribati recorded 1.00 billion current LCU for gross national expenditure in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 13.6% on the previous year and up 147.5% over ten years.
Over the whole period, gross national expenditure in Kiribati peaked at 1.00 billion current LCU in 2024 and was at its lowest, 260.66 million current LCU, in 2006.
That places Kiribati 184th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross national expenditure (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 260.66 million current LCU | — |
| 2007 | 272.83 million current LCU | +4.7% |
| 2008 | 291.77 million current LCU | +6.9% |
| 2009 | 302.26 million current LCU | +3.6% |
| 2010 | 292.63 million current LCU | -3.2% |
| 2011 | 319.30 million current LCU | +9.1% |
| 2012 | 346.90 million current LCU | +8.6% |
| 2013 | 370.33 million current LCU | +6.8% |
| 2014 | 404.95 million current LCU | +9.4% |
| 2015 | 467.24 million current LCU | +15.4% |
| 2016 | 495.81 million current LCU | +6.1% |
| 2017 | 510.69 million current LCU | +3.0% |
| 2018 | 514.48 million current LCU | +0.7% |
| 2019 | 525.95 million current LCU | +2.2% |
| 2020 | 510.62 million current LCU | -2.9% |
| 2021 | 637.02 million current LCU | +24.8% |
| 2022 | 761.52 million current LCU | +19.5% |
| 2023 | 882.02 million current LCU | +15.8% |
| 2024 | 1.00 billion current LCU | +13.6% |
Kiribati compared with similar countries
- Kiribati's 1.00 billion current LCU is below the median for lower middle income countries, which is 1.86 trillion current LCU, 0% of the median. (45 countries reporting)
- Kiribati's 1.00 billion current LCU is below the median for East Asia & Pacific, which is 890.20 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 281.88 million current LCU | 260.66 million current LCU | 302.26 million current LCU | 4 |
| 2010s | 424.83 million current LCU | 292.63 million current LCU | 525.95 million current LCU | 10 |
| 2020s | 758.69 million current LCU | 510.62 million current LCU | 1.00 billion current LCU | 5 |
Countries ranked near Kiribati
- 181 East Timor 3.25 billion current LCU compare
- 182 Tonga 2.25 billion current LCU compare
- 183 San Marino 1.29 billion current LCU compare
- 185 Palau 475.51 million current LCU compare
- 186 Marshall Islands 413.62 million current LCU 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)
- 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 national expenditure in Kiribati?
- Gross national expenditure in Kiribati was 1.00 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Kiribati?
- The highest recorded value was 1.00 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Kiribati?
- The lowest recorded value was 260.66 million current LCU in 2006.
- How does Kiribati rank for gross national expenditure?
- Kiribati ranks 184th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Kiribati?
- Over the last ten years it is up 147.5%. The long-run trend across the full record is rising.
- 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 national expenditure (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.