Gross domestic product (GDP) in Kiribati
Kiribati: Gross domestic product (GDP) was 101.34 million current GBP in 2014. ◆ Volatile
Latest (2014)
101.34 million current GBP
Change on year
down 6.2%
World rank
199th
of 200 countries
All-time high
110.77 million current GBP
in 2012
All-time low
5.96 million current GBP
in 1970
Years of data
45
1970–2014
Gross domestic product (GDP) in Kiribati, 1970–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Kiribati recorded 101.34 million current GBP for gross domestic product (gdp) in 2014.
The figure is down 6.2% on the previous year and up 81.5% over ten years.
Over the whole period, gross domestic product (gdp) in Kiribati peaked at 110.77 million current GBP in 2012 and was at its lowest, 5.96 million current GBP, in 1970.
That places Kiribati 199th out of 200 countries with data for 2014, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Kiribati, year by year
| Year | current GBP | Change |
|---|---|---|
| 1970 | 5.96 million current GBP | — |
| 1971 | 6.28 million current GBP | +5.4% |
| 1972 | 7.58 million current GBP | +20.8% |
| 1973 | 12.94 million current GBP | +70.7% |
| 1974 | 36.63 million current GBP | +183.0% |
| 1975 | 24.90 million current GBP | -32.0% |
| 1976 | 22.88 million current GBP | -8.1% |
| 1977 | 22.21 million current GBP | -2.9% |
| 1978 | 23.58 million current GBP | +6.1% |
| 1979 | 20.12 million current GBP | -14.6% |
| 1980 | 12.02 million current GBP | -40.3% |
| 1981 | 14.58 million current GBP | +21.3% |
| 1982 | 16.98 million current GBP | +16.4% |
| 1983 | 19.42 million current GBP | +14.4% |
| 1984 | 21.54 million current GBP | +10.9% |
| 1985 | 16.59 million current GBP | -23.0% |
| 1986 | 14.03 million current GBP | -15.4% |
| 1987 | 14.64 million current GBP | +4.3% |
| 1988 | 17.34 million current GBP | +18.4% |
| 1989 | 18.07 million current GBP | +4.2% |
| 1990 | 16.00 million current GBP | -11.4% |
| 1991 | 27.10 million current GBP | +69.4% |
| 1992 | 28.33 million current GBP | +4.5% |
| 1993 | 32.41 million current GBP | +14.4% |
| 1994 | 36.72 million current GBP | +13.3% |
| 1995 | 36.51 million current GBP | -0.6% |
| 1996 | 43.50 million current GBP | +19.2% |
| 1997 | 42.24 million current GBP | -2.9% |
| 1998 | 40.52 million current GBP | -4.1% |
| 1999 | 43.63 million current GBP | +7.7% |
| 2000 | 44.62 million current GBP | +2.3% |
| 2001 | 43.83 million current GBP | -1.8% |
| 2002 | 48.21 million current GBP | +10.0% |
| 2003 | 55.21 million current GBP | +14.5% |
| 2004 | 55.83 million current GBP | +1.1% |
| 2005 | 58.38 million current GBP | +4.6% |
| 2006 | 56.89 million current GBP | -2.6% |
| 2007 | 61.47 million current GBP | +8.1% |
| 2008 | 73.46 million current GBP | +19.5% |
| 2009 | 81.60 million current GBP | +11.1% |
| 2010 | 97.36 million current GBP | +19.3% |
| 2011 | 107.51 million current GBP | +10.4% |
| 2012 | 110.77 million current GBP | +3.0% |
| 2013 | 108.07 million current GBP | -2.4% |
| 2014 | 101.34 million current GBP | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.31 million current GBP | 5.96 million current GBP | 36.63 million current GBP | 10 |
| 1980s | 16.52 million current GBP | 12.02 million current GBP | 21.54 million current GBP | 10 |
| 1990s | 34.70 million current GBP | 16.00 million current GBP | 43.63 million current GBP | 10 |
| 2000s | 57.95 million current GBP | 43.83 million current GBP | 81.60 million current GBP | 10 |
| 2010s | 105.01 million current GBP | 97.36 million current GBP | 110.77 million current GBP | 5 |
Countries ranked near Kiribati
- 196 Sao Tome and Principe 205.06 million current GBP compare
- 197 Palau 152.48 million current GBP compare
- 198 Marshall Islands 113.47 million current GBP compare
- 200 Tuvalu 23.01 million current GBP 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 value added at basic prices (GVA) (current US$), annual growth 17.5 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,601 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 18.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.55 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 3,942 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.96 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7964 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Kiribati?
- Gross domestic product (gdp) in Kiribati was 101.34 million current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Kiribati?
- The highest recorded value was 110.77 million current GBP in 2012.
- What is the lowest gross domestic product (gdp) recorded in Kiribati?
- The lowest recorded value was 5.96 million current GBP in 1970.
- How does Kiribati rank for gross domestic product (gdp)?
- Kiribati ranks 199th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Kiribati?
- Over the last ten years it is up 81.5%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.