Gross savings in Kiribati
Kiribati: Gross savings was 44.11 million current US$ in 2024. ◆ Volatile
Gross savings in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kiribati recorded 44.11 million current US$ for gross savings in 2024.
The figure is down 10.2% on the previous year and down 59.7% over ten years.
Over the whole period, gross savings in Kiribati peaked at 127.38 million current US$ in 2017 and was at its lowest, 2.96 million current US$, in 2006.
That places Kiribati 172nd out of 178 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 2.96 million current US$ | — |
| 2007 | 15.78 million current US$ | +433.6% |
| 2008 | 15.28 million current US$ | -3.1% |
| 2009 | 8.36 million current US$ | -45.3% |
| 2010 | 26.28 million current US$ | +214.4% |
| 2011 | 20.65 million current US$ | -21.4% |
| 2012 | 54.02 million current US$ | +161.6% |
| 2013 | 50.82 million current US$ | -5.9% |
| 2014 | 109.45 million current US$ | +115.4% |
| 2015 | 126.13 million current US$ | +15.2% |
| 2016 | 79.57 million current US$ | -36.9% |
| 2017 | 127.38 million current US$ | +60.1% |
| 2018 | 123.07 million current US$ | -3.4% |
| 2019 | 117.92 million current US$ | -4.2% |
| 2020 | 101.87 million current US$ | -13.6% |
| 2021 | 69.32 million current US$ | -32.0% |
| 2022 | 24.76 million current US$ | -64.3% |
| 2023 | 49.12 million current US$ | +98.4% |
| 2024 | 44.11 million current US$ | -10.2% |
Kiribati compared with similar countries
- Kiribati's 44.11 million current US$ is below the median for lower middle income countries, which is 4.69 billion current US$, 1% of the median. (45 countries reporting)
- Kiribati's 44.11 million current US$ is below the median for East Asia & Pacific, which is 6.81 billion current US$, 1% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +433.6% | 2.96 million current US$ | 15.78 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.59 million current US$ | 2.96 million current US$ | 15.78 million current US$ | 4 |
| 2010s | 83.53 million current US$ | 20.65 million current US$ | 127.38 million current US$ | 10 |
| 2020s | 57.84 million current US$ | 24.76 million current US$ | 101.87 million current US$ | 5 |
Countries ranked near Kiribati
- 169 Vanuatu 82.41 million current US$ compare
- 170 Sao Tome and Principe 74.40 million current US$ compare
- 171 Seychelles 56.61 million current US$ compare
- 173 Solomon Islands 17.12 million current US$ compare
- 174 Palau -35.86 million current US$ compare
- 175 Malawi -224.99 million current US$ 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$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Kiribati?
- Gross savings in Kiribati was 44.11 million current US$ 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 127.38 million current US$ in 2017.
- What is the lowest gross savings recorded in Kiribati?
- The lowest recorded value was 2.96 million current US$ 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 59.7%. 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 US$). 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 indicator is expressed in United States dollars.