Economy Of Kiribati

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Kiribati is a Lower Middle Income Country comes under East Asia and Pacific region, according to the classification made by the World Bank on the basis of income and region for year 2006.

The country has a total surface area of 730.0 square kilometers in 2004 with a total forest area of 20.0 square kilometers in 2000.

Social Indicators:

Demographic and Social Indicators of the Kiribati Economy is as follows

Social Indicators 2000 2003 2004 Population, total 90,700.0 96,377.0 97,812.9 Population growth (annual %) 2.6 1.8 1.5 Life expectancy at birth, total (years) 61.9 .. .. Fertility rate, total (births per woman) 3.8 3.6 .. Mortality rate, infant (per 1,000 live births) 52.0 .. 48.8 Mortality rate, under-5 (per 1,000) 70.0 .. 65.2

 

Population Growth (Annual %)

Economic Indicators:

The country's economic condition is very poor. The economic indicators of the country are as follows:
GDP Growth (Annual %)

Econmic Indicator 2000 2003 2004 GNI, Atlas method (current US$) 90.0 million 85.0 million 95.0 million GNI per capita, Atlas method (current US$) 990.0 880.0 970.0 GDP (current US$) 48.5 million 58.4 million 61.9 million GDP growth (annual %) 1.6 2.5 1.8