Terms of trade adjustment (constant LCU), annual growth rate in Kiribati
Kiribati: Terms of trade adjustment (constant LCU), annual growth rate was 100.39 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Kiribati, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kiribati recorded 100.39 % change on previous year for terms of trade adjustment (constant lcu), annual growth rate in 2024.
Compared with earlier readings it is up 382.7% on the previous year and down 64.0% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Kiribati peaked at 940.32 % change on previous year in 2016 and was at its lowest, -263.92 % change on previous year, in 2009.
That places Kiribati 23rd out of 178 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 37.12 % change on previous year | — |
| 1982 | 7.19 % change on previous year | -80.6% |
| 1983 | -3.39 % change on previous year | -147.2% |
| 1984 | -54.39 % change on previous year | +1503.3% |
| 1985 | 32.93 % change on previous year | -160.5% |
| 1986 | -6.19 % change on previous year | -118.8% |
| 1987 | 14.26 % change on previous year | -330.2% |
| 1988 | 19.84 % change on previous year | +39.2% |
| 1989 | 2.56 % change on previous year | -87.1% |
| 1990 | 14.63 % change on previous year | +471.0% |
| 1991 | -14.23 % change on previous year | -197.3% |
| 1992 | 3.31 % change on previous year | -123.2% |
| 1993 | 1.4 % change on previous year | -57.5% |
| 1994 | 2.93 % change on previous year | +108.7% |
| 1995 | -6.62 % change on previous year | -326.0% |
| 1996 | 32.49 % change on previous year | -590.8% |
| 1997 | -47.26 % change on previous year | -245.5% |
| 1998 | 7.82 % change on previous year | -116.6% |
| 1999 | -6.52 % change on previous year | -183.3% |
| 2000 | 31.29 % change on previous year | -580.0% |
| 2001 | -31.47 % change on previous year | -200.6% |
| 2002 | -27.84 % change on previous year | -11.5% |
| 2003 | 10.13 % change on previous year | -136.4% |
| 2004 | 30.2 % change on previous year | +198.1% |
| 2005 | -22.16 % change on previous year | -173.4% |
| 2006 | 27.68 % change on previous year | -224.9% |
| 2007 | 808.33 % change on previous year | +2820.3% |
| 2008 | -33 % change on previous year | -104.1% |
| 2009 | -263.92 % change on previous year | +699.7% |
| 2010 | 90.17 % change on previous year | -134.2% |
| 2012 | -115.04 % change on previous year | -227.6% |
| 2013 | -17.04 % change on previous year | -85.2% |
| 2014 | 278.71 % change on previous year | -1735.8% |
| 2015 | -64.12 % change on previous year | -123.0% |
| 2016 | 940.32 % change on previous year | -1566.6% |
| 2017 | 98.14 % change on previous year | -89.6% |
| 2018 | -87.44 % change on previous year | -189.1% |
| 2019 | -100 % change on previous year | +14.4% |
| 2021 | 25.57 % change on previous year | -125.6% |
| 2022 | 38.41 % change on previous year | +50.2% |
| 2023 | -35.51 % change on previous year | -192.4% |
| 2024 | 100.39 % change on previous year | -382.7% |
Kiribati compared with similar countries
- Kiribati's 100.39 % change on previous year is above the median for lower middle income countries, which is 9.41 % change on previous year, 10.7× the median. (45 countries reporting)
- Kiribati's 100.39 % change on previous year is above the median for East Asia & Pacific, which is 12.8 % change on previous year, 7.8× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), 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 |
|---|---|---|---|
| 2007 | +2820.3% | 27.68 % change on previous year | 808.33 % change on previous year |
| 2014 | +1735.8% | -17.04 % change on previous year | 278.71 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.55 % change on previous year | -54.39 % change on previous year | 37.12 % change on previous year | 9 |
| 1990s | -1.21 % change on previous year | -47.26 % change on previous year | 32.49 % change on previous year | 10 |
| 2000s | 52.92 % change on previous year | -263.92 % change on previous year | 808.33 % change on previous year | 10 |
| 2010s | 113.74 % change on previous year | -115.04 % change on previous year | 940.32 % change on previous year | 9 |
| 2020s | 32.22 % change on previous year | -35.51 % change on previous year | 100.39 % change on previous year | 4 |
Countries ranked near Kiribati
- 20 Guatemala 108.61 % change on previous year compare
- 21 Croatia 103.34 % change on previous year compare
- 22 Serbia 100.66 % change on previous year compare
- 24 Djibouti 100.22 % change on previous year compare
- 25 Eritrea 100 % change on previous year compare
- 25 Rwanda 100 % change on previous year compare
- 25 Turkmenistan 100 % change on previous year compare
- 25 Zambia 100 % 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)
- 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 terms of trade adjustment (constant lcu), annual growth rate in Kiribati?
- Terms of trade adjustment (constant lcu), annual growth rate in Kiribati was 100.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 940.32 % change on previous year in 2016.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -263.92 % change on previous year in 2009.
- How does Kiribati rank for terms of trade adjustment (constant lcu), annual growth rate?
- Kiribati ranks 23rd out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is down 64.0%. 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 Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment Country official statistics, National Statistical Organizations and/or Central Banks
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 Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.