Gross savings (current LCU), per unit of GDP in Kiribati
Kiribati: Gross savings (current LCU), per unit of GDP was 0.1948 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Kiribati, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Kiribati is 0.1948 current LCU per US$ of GDP, measured in 2024.
That represents a change of down 23.2% on the previous year and down 67.9% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Kiribati peaked at 0.8765 current LCU per US$ of GDP in 2015 and was at its lowest, 0.035 current LCU per US$ of GDP, in 2006.
Kiribati ranks 153rd of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.035 current LCU per US$ of GDP | — |
| 2007 | 0.1366 current LCU per US$ of GDP | +290.7% |
| 2008 | 0.1239 current LCU per US$ of GDP | -9.3% |
| 2009 | 0.0765 current LCU per US$ of GDP | -38.3% |
| 2010 | 0.1731 current LCU per US$ of GDP | +126.5% |
| 2011 | 0.1021 current LCU per US$ of GDP | -41.0% |
| 2012 | 0.252 current LCU per US$ of GDP | +146.8% |
| 2013 | 0.2609 current LCU per US$ of GDP | +3.5% |
| 2014 | 0.6062 current LCU per US$ of GDP | +132.3% |
| 2015 | 0.8765 current LCU per US$ of GDP | +44.6% |
| 2016 | 0.5184 current LCU per US$ of GDP | -40.8% |
| 2017 | 0.7452 current LCU per US$ of GDP | +43.7% |
| 2018 | 0.7043 current LCU per US$ of GDP | -5.5% |
| 2019 | 0.7821 current LCU per US$ of GDP | +11.0% |
| 2020 | 0.6701 current LCU per US$ of GDP | -14.3% |
| 2021 | 0.3233 current LCU per US$ of GDP | -51.8% |
| 2022 | 0.1316 current LCU per US$ of GDP | -59.3% |
| 2023 | 0.2535 current LCU per US$ of GDP | +92.6% |
| 2024 | 0.1948 current LCU per US$ of GDP | -23.2% |
Kiribati compared with similar countries
- Kiribati's 0.1948 current LCU per US$ of GDP is below the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 2% of the median. (45 countries reporting)
- Kiribati's 0.1948 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP, 9% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.093 current LCU per US$ of GDP | 0.035 current LCU per US$ of GDP | 0.1366 current LCU per US$ of GDP | 4 |
| 2010s | 0.5021 current LCU per US$ of GDP | 0.1021 current LCU per US$ of GDP | 0.8765 current LCU per US$ of GDP | 10 |
| 2020s | 0.3146 current LCU per US$ of GDP | 0.1316 current LCU per US$ of GDP | 0.6701 current LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 150 Lithuania 0.2048 current LCU per US$ of GDP compare
- 151 Croatia 0.2045 current LCU per US$ of GDP compare
- 152 Portugal 0.2032 current LCU per US$ of GDP compare
- 154 Bahamas 0.1921 current LCU per US$ of GDP compare
- 155 France 0.1899 current LCU per US$ of GDP compare
- 156 Curacao 0.1896 current LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Kiribati?
- Gross savings (current lcu), per unit of gdp in Kiribati was 0.1948 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.8765 current LCU per US$ of GDP in 2015.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was 0.035 current LCU per US$ of GDP in 2006.
- How does Kiribati rank for gross savings (current lcu), per unit of gdp?
- Kiribati ranks 153rd out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is down 67.9%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.