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 172nd 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 in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 3.93 million current LCU | — |
| 2007 | 18.86 million current LCU | +380.2% |
| 2008 | 18.22 million current LCU | -3.4% |
| 2009 | 10.72 million current LCU | -41.2% |
| 2010 | 28.65 million current LCU | +167.3% |
| 2011 | 20.02 million current LCU | -30.1% |
| 2012 | 52.17 million current LCU | +160.7% |
| 2013 | 52.64 million current LCU | +0.9% |
| 2014 | 121.42 million current LCU | +130.7% |
| 2015 | 167.89 million current LCU | +38.3% |
| 2016 | 107.04 million current LCU | -36.2% |
| 2017 | 166.20 million current LCU | +55.3% |
| 2018 | 164.72 million current LCU | -0.9% |
| 2019 | 169.63 million current LCU | +3.0% |
| 2020 | 148.03 million current LCU | -12.7% |
| 2021 | 92.28 million current LCU | -37.7% |
| 2022 | 35.70 million current LCU | -61.3% |
| 2023 | 73.93 million current LCU | +107.1% |
| 2024 | 66.84 million current LCU | -9.6% |
Kiribati compared with similar countries
- Kiribati's 66.84 million current LCU is below the median for lower middle income countries, which is 205.45 billion current LCU, 0% of the median. (45 countries reporting)
- Kiribati's 66.84 million current LCU is below the median for East Asia & Pacific, which is 190.11 billion current LCU, 0% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +380.2% | 3.93 million current LCU | 18.86 million current LCU |
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
- 169 Tonga 285.01 million current LCU compare
- 170 Solomon Islands 144.75 million current LCU compare
- 171 Marshall Islands 108.55 million current LCU compare
- 173 Venezuela 90.55 current LCU compare
- 174 Palau -35.86 million current LCU compare
- 175 East Timor -394.17 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)
- 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 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 172nd out of 178 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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.