Gross value added at basic prices … current US annual growth rate in Kiribati
Kiribati: Gross value added at basic prices … current US annual growth rate was 17.5 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Kiribati, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross value added at basic prices (gva) (current us$), annual growth in Kiribati stood at 17.5 % change on previous year.
That represents a change of up 112.3% on the previous year and up 2,318.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Kiribati peaked at 52.76 % change on previous year in 1992 and was at its lowest, -23.59 % change on previous year, in 1985.
That places Kiribati 20th out of 205 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current US annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | -2.54 % change on previous year | — |
| 1981 | 5.53 % change on previous year | -317.5% |
| 1982 | -4.62 % change on previous year | -183.5% |
| 1983 | -6.88 % change on previous year | +48.9% |
| 1984 | 9.66 % change on previous year | -240.5% |
| 1985 | -23.59 % change on previous year | -344.3% |
| 1986 | -3.88 % change on previous year | -83.6% |
| 1987 | 9.67 % change on previous year | -349.2% |
| 1988 | 31.8 % change on previous year | +228.8% |
| 1989 | -2.32 % change on previous year | -107.3% |
| 1990 | -4.67 % change on previous year | +101.2% |
| 1991 | 19.92 % change on previous year | -526.3% |
| 1992 | 52.76 % change on previous year | +164.9% |
| 1993 | -5.52 % change on previous year | -110.5% |
| 1994 | 14.77 % change on previous year | -367.7% |
| 1995 | 2 % change on previous year | -86.4% |
| 1996 | 17.77 % change on previous year | +786.6% |
| 1997 | -3.71 % change on previous year | -120.9% |
| 1998 | -5.34 % change on previous year | +44.0% |
| 1999 | 6.14 % change on previous year | -215.0% |
| 2000 | -9.91 % change on previous year | -261.3% |
| 2001 | -9.58 % change on previous year | -3.3% |
| 2002 | 13.19 % change on previous year | -237.6% |
| 2003 | 26.22 % change on previous year | +98.8% |
| 2004 | 11.32 % change on previous year | -56.8% |
| 2005 | 6.87 % change on previous year | -39.3% |
| 2006 | 1.82 % change on previous year | -73.5% |
| 2007 | 21.98 % change on previous year | +1108.8% |
| 2008 | 9.05 % change on previous year | -58.8% |
| 2009 | -5.06 % change on previous year | -155.9% |
| 2010 | 19.54 % change on previous year | -486.2% |
| 2011 | 19.37 % change on previous year | -0.9% |
| 2012 | 5.22 % change on previous year | -73.0% |
| 2013 | -2.82 % change on previous year | -154.0% |
| 2014 | 0.7239 % change on previous year | -125.7% |
| 2015 | -6.57 % change on previous year | -1008.1% |
| 2016 | 13.36 % change on previous year | -303.2% |
| 2017 | 10.64 % change on previous year | -20.4% |
| 2018 | -0.0955 % change on previous year | -100.9% |
| 2019 | -4.14 % change on previous year | +4231.2% |
| 2020 | 2.4 % change on previous year | -158.0% |
| 2021 | 25.51 % change on previous year | +963.3% |
| 2022 | -2.07 % change on previous year | -108.1% |
| 2023 | 8.24 % change on previous year | -497.6% |
| 2024 | 17.5 % change on previous year | +112.3% |
Kiribati compared with similar countries
- Kiribati's 17.5 % change on previous year is above the median for lower middle income countries, which is 11.38 % change on previous year, 1.5× the median. (47 countries reporting)
- Kiribati's 17.5 % change on previous year is above the median for East Asia & Pacific, which is 5.5 % change on previous year, 3.2× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current US annual growth rate 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 |
|---|---|---|---|
| 2019 | -4231.2% | -0.0955 % change on previous year | -4.14 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.28 % change on previous year | -23.59 % change on previous year | 31.8 % change on previous year | 10 |
| 1990s | 9.41 % change on previous year | -5.52 % change on previous year | 52.76 % change on previous year | 10 |
| 2000s | 6.59 % change on previous year | -9.91 % change on previous year | 26.22 % change on previous year | 10 |
| 2010s | 5.52 % change on previous year | -6.57 % change on previous year | 19.54 % change on previous year | 10 |
| 2020s | 10.32 % change on previous year | -2.07 % change on previous year | 25.51 % change on previous year | 5 |
Countries ranked near Kiribati
- 17 Tajikistan 18.62 % change on previous year compare
- 18 Palau 17.95 % change on previous year compare
- 19 Iceland 17.56 % change on previous year compare
- 21 Angola 17.45 % change on previous year compare
- 22 Turkey 17.27 % change on previous year compare
- 23 Russia 16.65 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Kiribati?
- Gross value added at basic prices (gva) (current us$), annual growth in Kiribati was 17.5 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Kiribati?
- The highest recorded value was 52.76 % change on previous year in 1992.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Kiribati?
- The lowest recorded value was -23.59 % change on previous year in 1985.
- How does Kiribati rank for gross value added at basic prices (gva) (current us$), annual growth?
- Kiribati ranks 20th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Kiribati?
- Over the last ten years it is up 2,318.0%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.