Kiribati Economic Statistics and Indicators

16, Jul 2018, EDT. Welcome to the Kiribati economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Kiribati › Change country
National or Regional Currency: Australian Dollar, AUD
Year of data: 2015 › Change year
Number of Indicators Listed: 31
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 104,488 (July 2014 est.)
Area: total: 811 sq km ; land: 811 sq km ; water: 0 sq km ; note: includes three island groups - Gilbert Islands, Line Islands, and Phoenix Islands - dispersed over about 3.5 million sq km (1.35 million sq mi)
Natural Resources: phosphate (production discontinued in 1979)
Capital: name: Tarawa ; geographic coordinates: 1 21 N, 173 02 E ; time difference: UTC+12 (17 hours ahead of Washington, DC, during Standard Time) ; note: on 1 January 1995, Kiribati proclaimed that all of its territory was in the same time zone as its Gilbert Islands group (UTC +12) even though the Phoenix Islands and the Line Islands under its jurisdiction were on the other side of the International Date Line

A remote country of 33 scattered coral atolls, Kiribati has few natural resources and is one of the least developed Pacific Islands. Commercially viable phosphate deposits were exhausted at the time of independence from the UK in 1979. Copra and fish now represent the bulk of production and exports. The economy has fluctuated widely in recent years. Economic development is constrained by a shortage of skilled workers, weak infrastructure, and remoteness from international markets. Tourism provides more than one-fifth of GDP. Private sector initiatives and a financial sector are in the early stages of development. Foreign financial aid from the EU, UK, US, Japan, Australia, New Zealand, Canada, UN agencies, and Taiwan accounts for 20-25% of GDP. Remittances from seamen on merchant ships abroad account for more than $5 million each year. Kiribati receives around $15 million annually for the government budget from an Australian trust fund.
More on the Kiribati Economy
More on the Kiribati Export, Import and Trade

Economic Indicator Listing
  For Kiribati in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 4.188 %
GDP (Current Prices, National Currency)AUD 0.216 Billion.
GDP (Current Prices, US Dollars)US$ 0.162 Billion
GDP Deflator 127.033 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)AUD 1,495.90 .
GDP Per Capita (Current Prices, National Currency)AUD 1,900.29 .
GDP Per Capita (Current Prices, US Dollars)US$ 1,427.62
GDP (PPP), US DollarsUS$ 0.203 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,786.65
GDP Share of World Total (PPP) -- %
Implied PPP Conversion Rate 1.064
Inflation, Average Consumer Prices (Indexed to Year 2000) 123.477 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.4 %
Inflation, End of Year (Indexed to Year 2000) 124.688 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.4 %
Import Volume of All Items Including Goods and Services (Percent Change) 3.474 %
Import Volumes of Goods Only (Percent Change) -9.854 %
Export Volume of All Items Including Goods and Services (Percent Change) -2.477 %
Export Volumes of Goods Only (Percent Change) -12.594 %
Population 0.114 Million
General government revenue (National Currency)AUD 0.221 Billions.
General government revenue (% of GDP) 102.145 %
General government total expenditure (National Currency)AUD 0.223 Billions.
General government total expenditure (% of GDP) 103.184 %
Total Government Net Lending/ Borrowing (National Currency)AUD -0.002 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -1.039 %
Fiscal Year Gross Domestic Product, Current PricesAUD 0.216 Billions.
Current Account Balance (US Dollars)US$ 0.074 Billion
Current Account Balance (% GDP) 45.685 %
Economic Indicators for Kiribati 2015

GDP (Constant Prices, National Currency) for Kiribati in year 2015 is AUD 0.17 Billion.

GDP Growth (Constant Prices, National Currency) for Kiribati in year 2015 is 4.188 %.

GDP (Current Prices, National Currency) for Kiribati in year 2015 is AUD 0.216 Billion.

GDP (Current Prices, US Dollars) for Kiribati in year 2015 is US$ 0.162 Billion.

GDP Deflator for Kiribati in year 2015 is 127.033 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Kiribati in year 2015 is AUD 1,495.90 .

GDP Per Capita (Current Prices, National Currency) for Kiribati in year 2015 is AUD 1,900.29 .

GDP Per Capita (Current Prices, US Dollars) for Kiribati in year 2015 is US$ 1,427.62 .

GDP (PPP), US Dollars for Kiribati in year 2015 is US$ 0.203 Billion.

GDP Per Capita (PPP), US Dollars for Kiribati in year 2015 is US$ 1,786.65 .

GDP Share of World Total (PPP) for Kiribati in year 2015 is -- %.

Implied PPP Conversion Rate for Kiribati in year 2015 is 1.064 .

Inflation, Average Consumer Prices (Indexed to Year 2000) for Kiribati in year 2015 is 123.477 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Kiribati in year 2015 is 1.4 %.

Inflation, End of Year (Indexed to Year 2000) for Kiribati in year 2015 is 124.688 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Kiribati in year 2015 is 1.4 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Kiribati in year 2015 is 3.474 %.

Import Volumes of Goods Only (Percent Change) for Kiribati in year 2015 is -9.854 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Kiribati in year 2015 is -2.477 %.

Export Volumes of Goods Only (Percent Change) for Kiribati in year 2015 is -12.594 %.

Population for Kiribati in year 2015 is 0.114 Million .

General government revenue (National Currency) for Kiribati in year 2015 is AUD 0.221 Billions.

General government revenue (% of GDP) for Kiribati in year 2015 is 102.145 %.

General government total expenditure (National Currency) for Kiribati in year 2015 is AUD 0.223 Billions.

General government total expenditure (% of GDP) for Kiribati in year 2015 is 103.184 %.

Total Government Net Lending/ Borrowing (National Currency) for Kiribati in year 2015 is AUD -0.002 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Kiribati in year 2015 is -1.039 %.

Fiscal Year Gross Domestic Product, Current Prices for Kiribati in year 2015 is AUD 0.216 Billions.

Current Account Balance (US Dollars) for Kiribati in year 2015 is US$ 0.074 Billion.

Current Account Balance (% GDP) for Kiribati in year 2015 is 45.685 %.

* Source: IMF
Aggregate Indicators for Kiribati
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Kiribati
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Kiribati
  Natural Resources, Agricultural Products, Land Use and Water Use for Kiribati
  Nationality, Ethnic Groups, Languages and Religions for Kiribati
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Kiribati
  Age Structure, Median Age, Gender and Urbanization for Kiribati
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Kiribati
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Kiribati
  HIV, AIDS and Other Major Infectious Disease Rates for Kiribati
  Literacy Rate, Educational Expenditure and School Life Expectancy for Kiribati
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Kiribati
  Industries and Industrial Growth Production Rate for Kiribati
  Labor Force by Occupation for Kiribati
  Poverty Line, Gini Index, Household Income and Consumption for Kiribati
  National Budget and Public Debt for Kiribati
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Kiribati
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Kiribati
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Kiribati
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Kiribati
  Foreign Exchange Reserves and Gold Reserves for Kiribati
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Kiribati
  Exchange Rate Statistics for Kiribati
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Kiribati
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Kiribati
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Kiribati
  Television and Radio Statistics (TV Stats, Radio Stats) for Kiribati
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Kiribati
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Kiribati
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Kiribati
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Kiribati
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Kiribati
* Source: CIA
Internet Indicators for Kiribati
Indicators
  Number of Internet Users for Kiribati
  Internet Penetration Rate for Kiribati
  Number of Facebook Accounts for Kiribati
  Facebook Penetration Rate for Kiribati
* Source: IWS
Economic Freedom Indicators for Kiribati
Indicators
  Economic Freedom World Rank for Kiribati
  Government Spending for Kiribati
  Monetary Freedom for Kiribati
  Investment Freedom for Kiribati
  Financial Freedom for Kiribati
  Property Rights for Kiribati
  Economic Freedom Regional Ranking for Kiribati
  Freedom from Corruption for Kiribati
  Labor Freedom for Kiribati
  Tariff Rate for Kiribati
  Income Tax Rate for Kiribati
  Corporate Tax Rate for Kiribati
  Tax Burden % of GDP for Kiribati
  Government Expenditure % of GDP for Kiribati
  Business Freedom for Kiribati
  Trade Freedom for Kiribati
  Fiscal Freedom for Kiribati
  2016 Score for Kiribati
* Source: HFO
Kiribati Economic Indicators in other Years
  Kiribati Economic Indicators for Year 2021 (Forecast)
  Kiribati Economic Indicators for Year 2020 (Forecast)
  Kiribati Economic Indicators for Year 2019 (Forecast)
  Kiribati Economic Indicators for Year 2018 (Forecast)
  Kiribati Economic Indicators for Year 2017 (Forecast)
  Kiribati Economic Indicators for Year 2016 (Forecast)
Kiribati Economic Indicators for Year 2015 (Current)
  Kiribati Economic Indicators for Year 2014
  Kiribati Economic Indicators for Year 2013
  Kiribati Economic Indicators for Year 2012
  Kiribati Economic Indicators for Year 2011
  Kiribati Economic Indicators for Year 2010
  Kiribati Economic Indicators for Year 2009
  Kiribati Economic Indicators for Year 2008
  Kiribati Economic Indicators for Year 2007
  Kiribati Economic Indicators for Year 2006
  Kiribati Economic Indicators for Year 2005
  Kiribati Economic Indicators for Year 2004
  Kiribati Economic Indicators for Year 2003
  Kiribati Economic Indicators for Year 2002
  Kiribati Economic Indicators for Year 2001
  Kiribati Economic Indicators for Year 2000
  Kiribati Economic Indicators for Year 1999
  Kiribati Economic Indicators for Year 1998
  Kiribati Economic Indicators for Year 1997
  Kiribati Economic Indicators for Year 1996
  Kiribati Economic Indicators for Year 1995
  Kiribati Economic Indicators for Year 1994
  Kiribati Economic Indicators for Year 1993
  Kiribati Economic Indicators for Year 1992
  Kiribati Economic Indicators for Year 1991
  Kiribati Economic Indicators for Year 1990
  Kiribati Economic Indicators for Year 1989
  Kiribati Economic Indicators for Year 1988
  Kiribati Economic Indicators for Year 1987
  Kiribati Economic Indicators for Year 1986
  Kiribati Economic Indicators for Year 1985
  Kiribati Economic Indicators for Year 1984
  Kiribati Economic Indicators for Year 1983
  Kiribati Economic Indicators for Year 1982
  Kiribati Economic Indicators for Year 1981
  Kiribati Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International