Gross savings in Kiribati
Kiribati: Gross savings was 66.84 million current LCU in 2024. ◆ Volatile
Gross savings in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Kiribati recorded 66.84 million current LCU for gross savings in 2024.
That represents a change of down 9.6% on the previous year and down 44.9% over ten years.
Over the whole period, gross savings in Kiribati peaked at 169.63 million current LCU in 2019 and was at its lowest, 3.93 million current LCU, in 2006.
Kiribati ranks 171st of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.93 million current LCU | 3.93 million current LCU | 18.86 million current LCU | 4 |
| 2010s | 105.04 million current LCU | 20.02 million current LCU | 169.63 million current LCU | 10 |
| 2020s | 83.35 million current LCU | 35.70 million current LCU | 148.03 million current LCU | 5 |
Countries ranked near Kiribati
- 168 Tonga 285.01 million current LCU compare
- 169 Solomon Islands 144.75 million current LCU compare
- 170 Marshall Islands 108.55 million current LCU compare
- 172 Venezuela 90.55 current LCU compare
- 173 Palau -35.86 million current LCU compare
- 174 East Timor -394.17 million current LCU compare
More economy & growth data for Kiribati
- External balance on goods and services as a percent of GDP -93.1% (2024)
- Inflation of consumer prices 2.5% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
Frequently asked questions
- What is gross savings in Kiribati?
- Gross savings in Kiribati was 66.84 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Kiribati?
- The highest recorded value was 169.63 million current LCU in 2019.
- What is the lowest gross savings recorded in Kiribati?
- The lowest recorded value was 3.93 million current LCU in 2006.
- How does Kiribati rank for gross savings?
- Kiribati ranks 171st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Kiribati?
- Over the last ten years it is down 44.9%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.