Gross National Income — Annual growth Standard Local Currency in Kiribati
Kiribati: Gross National Income — Annual growth Standard Local Currency was 14.23 % in 2023. ◆ Volatile
Gross National Income — Annual growth Standard Local Currency in Kiribati, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Kiribati recorded 14.23 % for gross national income — annual growth standard local currency in 2023.
Compared with earlier readings it is up 68.2% on the previous year and up 9.4% over ten years.
Over the whole period, gross national income — annual growth standard local currency in Kiribati peaked at 64.95 % in 2001 and was at its lowest, -27.66 %, in 1976.
Kiribati ranks 40th of 202 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 Income — Annual growth Standard Local Currency in Kiribati, year by year
| Year | % | Change |
|---|---|---|
| 1971 | -3.65 % | — |
| 1972 | 8.81 % | -341.6% |
| 1973 | 30.92 % | +250.8% |
| 1974 | 53.32 % | +72.4% |
| 1975 | 5 % | -90.6% |
| 1976 | -27.66 % | -653.5% |
| 1977 | -3.1 % | -88.8% |
| 1978 | 10.02 % | -423.3% |
| 1979 | -7.71 % | -177.0% |
| 1980 | -5.88 % | -23.8% |
| 1981 | 4.85 % | -182.5% |
| 1982 | 4.92 % | +1.3% |
| 1983 | 6.79 % | +38.1% |
| 1984 | 13.87 % | +104.4% |
| 1985 | -4.75 % | -134.3% |
| 1986 | 3.73 % | -178.5% |
| 1987 | 8.49 % | +127.4% |
| 1988 | 16.27 % | +91.7% |
| 1989 | -3.05 % | -118.8% |
| 1990 | -2.02 % | -33.7% |
| 1991 | 25.36 % | -1352.9% |
| 1992 | 54.49 % | +114.9% |
| 1993 | 3.59 % | -93.4% |
| 1994 | 5.32 % | +48.4% |
| 1995 | -1.92 % | -136.0% |
| 1996 | 12.19 % | -735.6% |
| 1997 | 2.49 % | -79.6% |
| 1998 | 11.36 % | +356.8% |
| 1999 | -0.0796 % | -100.7% |
| 2000 | 7.29 % | -9259.5% |
| 2001 | 64.95 % | +790.6% |
| 2002 | 2.49 % | -96.2% |
| 2003 | -2.37 % | -195.0% |
| 2004 | -4.46 % | +88.3% |
| 2005 | 2.49 % | -155.9% |
| 2006 | -0.0867 % | -103.5% |
| 2007 | 11.82 % | -13734.8% |
| 2008 | 8.28 % | -29.9% |
| 2009 | -3.04 % | -136.7% |
| 2010 | 6.2 % | -303.8% |
| 2011 | -0.1678 % | -102.7% |
| 2012 | 13.66 % | -8235.9% |
| 2013 | 13.01 % | -4.8% |
| 2014 | 19.64 % | +51.0% |
| 2015 | 24.66 % | +25.6% |
| 2016 | -6.14 % | -124.9% |
| 2017 | 10.4 % | -269.3% |
| 2018 | 5.15 % | -50.4% |
| 2019 | 9.63 % | +87.0% |
| 2020 | -7.42 % | -177.0% |
| 2021 | 8.42 % | -213.5% |
| 2022 | 8.46 % | +0.5% |
| 2023 | 14.23 % | +68.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.33 % | -27.66 % | 53.32 % | 9 |
| 1980s | 4.52 % | -5.88 % | 16.27 % | 10 |
| 1990s | 11.08 % | -2.02 % | 54.49 % | 10 |
| 2000s | 8.74 % | -4.46 % | 64.95 % | 10 |
| 2010s | 9.6 % | -6.14 % | 24.66 % | 10 |
| 2020s | 5.92 % | -7.42 % | 14.23 % | 4 |
Countries ranked near Kiribati
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)
- Gross capital formation (current US$), annual growth rate 42.24 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 763.11 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 43.2 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.4533 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1,156 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 32.07 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2766 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — annual growth standard local currency in Kiribati?
- Gross national income — annual growth standard local currency in Kiribati was 14.23 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth standard local currency recorded in Kiribati?
- The highest recorded value was 64.95 % in 2001.
- What is the lowest gross national income — annual growth standard local currency recorded in Kiribati?
- The lowest recorded value was -27.66 % in 1976.
- How does Kiribati rank for gross national income — annual growth standard local currency?
- Kiribati ranks 40th out of 202 countries with data for 2023.
- Is gross national income — annual growth standard local currency rising or falling in Kiribati?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).