Households and NPISHs Final consumption expenditure, PPP in Kiribati
Kiribati: Households and NPISHs Final consumption expenditure, PPP was 537.71 million constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Kiribati, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Kiribati stood at 537.71 million constant 2021 international $. That is the highest value across all 19 years on record.
The figure is up 10.6% on the previous year and up 136.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Kiribati peaked at 537.71 million constant 2021 international $ in 2024 and was at its lowest, 178.29 million constant 2021 international $, in 2009.
Kiribati ranks 168th of 170 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Kiribati, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2006 | 197.71 million constant 2021 international $ | — |
| 2007 | 196.89 million constant 2021 international $ | -0.4% |
| 2008 | 190.67 million constant 2021 international $ | -3.2% |
| 2009 | 178.29 million constant 2021 international $ | -6.5% |
| 2010 | 179.68 million constant 2021 international $ | +0.8% |
| 2011 | 195.68 million constant 2021 international $ | +8.9% |
| 2012 | 199.81 million constant 2021 international $ | +2.1% |
| 2013 | 216.27 million constant 2021 international $ | +8.2% |
| 2014 | 226.99 million constant 2021 international $ | +5.0% |
| 2015 | 258.30 million constant 2021 international $ | +13.8% |
| 2016 | 278.93 million constant 2021 international $ | +8.0% |
| 2017 | 289.43 million constant 2021 international $ | +3.8% |
| 2018 | 294.26 million constant 2021 international $ | +1.7% |
| 2019 | 325.18 million constant 2021 international $ | +10.5% |
| 2020 | 310.12 million constant 2021 international $ | -4.6% |
| 2021 | 399.19 million constant 2021 international $ | +28.7% |
| 2022 | 440.31 million constant 2021 international $ | +10.3% |
| 2023 | 486.32 million constant 2021 international $ | +10.4% |
| 2024 | 537.71 million constant 2021 international $ | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 190.89 million constant 2021 international $ | 178.29 million constant 2021 international $ | 197.71 million constant 2021 international $ | 4 |
| 2010s | 246.45 million constant 2021 international $ | 179.68 million constant 2021 international $ | 325.18 million constant 2021 international $ | 10 |
| 2020s | 434.73 million constant 2021 international $ | 310.12 million constant 2021 international $ | 537.71 million constant 2021 international $ | 5 |
Countries ranked near Kiribati
- 165 Northern Mariana Islands 739.50 million constant 2021 international $ compare
- 166 Tonga 669.15 million constant 2021 international $ compare
- 167 American Samoa 613.38 million constant 2021 international $ compare
- 169 Palau 212.74 million constant 2021 international $ compare
- 170 Marshall Islands 171.81 million constant 2021 international $ 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)
- Gross capital formation (current US$), annual growth rate 42.24 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 763.11 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 43.2 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.4533 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1,156 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 32.07 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2766 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Kiribati?
- Households and npishs final consumption expenditure, ppp in Kiribati was 537.71 million constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Kiribati?
- The highest recorded value was 537.71 million constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Kiribati?
- The lowest recorded value was 178.29 million constant 2021 international $ in 2009.
- How does Kiribati rank for households and npishs final consumption expenditure, ppp?
- Kiribati ranks 168th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Kiribati?
- Over the last ten years it is up 136.9%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.