Kiribati - GDP

GDP (current US$)

The latest value for GDP (current US$) in Kiribati was $197,508,800 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $200,157,000 in 2018 and $14,295,280 in 1970.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $14,295,280
1971 $15,278,630
1972 $18,936,530
1973 $31,710,660
1974 $85,637,180
1975 $55,081,820
1976 $41,109,620
1977 $38,748,060
1978 $45,210,030
1979 $42,620,160
1980 $38,715,560
1981 $41,369,800
1982 $40,572,070
1983 $37,837,840
1984 $41,246,160
1985 $32,125,150
1986 $32,085,560
1987 $33,608,740
1988 $42,972,110
1989 $41,119,720
1990 $39,809,540
1991 $47,515,190
1992 $47,737,960
1993 $46,919,620
1994 $54,832,580
1995 $56,338,030
1996 $66,515,380
1997 $67,537,480
1998 $65,334,840
1999 $69,032,260
2000 $67,254,180
2001 $63,101,270
2002 $72,196,460
2003 $90,231,860
2004 $102,367,000
2005 $112,133,900
2006 $110,234,900
2007 $132,671,700
2008 $141,042,600
2009 $132,419,900
2010 $156,120,400
2011 $181,705,200
2012 $190,243,400
2013 $185,114,100
2014 $179,703,200
2015 $171,117,800
2016 $178,329,000
2017 $187,276,100
2018 $200,157,000
2019 $188,391,800
2020 $197,508,800

GDP (current LCU)

The value for GDP (current LCU) in Kiribati was 287,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 287,000,000 in 2020 and a minimum value of 12,810,000 in 1970.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 12,810,000
1971 13,407,000
1972 15,812,000
1973 22,226,000
1974 36,490,000
1975 42,077,000
1976 33,640,000
1977 34,943,000
1978 39,500,000
1979 38,128,000
1980 34,000,000
1981 36,000,000
1982 40,000,000
1983 42,000,000
1984 47,000,000
1985 46,000,000
1986 48,000,000
1987 48,000,000
1988 55,000,000
1989 52,000,000
1990 51,000,000
1991 61,000,000
1992 65,000,000
1993 69,000,000
1994 75,000,000
1995 76,000,000
1996 85,000,000
1997 91,000,000
1998 104,000,000
1999 107,000,000
2000 116,000,000
2001 122,000,000
2002 132,884,800
2003 139,128,500
2004 139,198,700
2005 146,839,400
2006 146,392,000
2007 158,556,000
2008 168,151,000
2009 169,788,800
2010 170,202,500
2011 176,163,200
2012 183,737,100
2013 191,741,100
2014 199,362,700
2015 227,774,900
2016 239,888,100
2017 244,357,900
2018 267,890,200
2019 271,001,600
2020 287,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Kiribati was 287,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 287,000,000 in 2020 and 51,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 51,000,000
1991 61,000,000
1992 65,000,000
1993 69,000,000
1994 75,000,000
1995 76,000,000
1996 85,000,000
1997 91,000,000
1998 104,000,000
1999 107,000,000
2000 116,000,000
2001 122,000,000
2002 132,884,800
2003 139,128,500
2004 139,198,700
2005 146,839,400
2006 146,392,000
2007 158,556,000
2008 168,151,000
2009 169,788,800
2010 170,202,500
2011 176,163,200
2012 183,737,100
2013 191,741,100
2014 199,362,700
2015 227,774,900
2016 239,888,100
2017 244,357,900
2018 267,890,200
2019 271,001,600
2020 287,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Kiribati was 191,947,300 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 223,801,100 in 1975 and 105,061,500 in 1987.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 110,420,900
1971 107,892,200
1972 120,924,700
1973 146,209,900
1974 212,447,100
1975 223,801,100
1976 163,893,500
1977 156,333,700
1978 157,990,200
1979 139,687,100
1980 116,627,900
1981 112,772,400
1982 120,483,400
1983 119,519,500
1984 125,302,700
1985 116,627,900
1986 115,664,000
1987 105,061,500
1988 114,700,200
1989 110,844,700
1990 109,880,800
1991 109,880,800
1992 110,844,700
1993 111,808,600
1994 113,736,300
1995 113,736,300
1996 115,664,000
1997 117,591,800
1998 125,302,700
1999 123,375,000
2000 131,085,900
2001 129,158,200
2002 134,050,000
2003 136,739,500
2004 134,511,500
2005 141,172,000
2006 141,102,400
2007 143,973,800
2008 140,962,600
2009 142,094,300
2010 140,781,500
2011 143,026,000
2012 149,767,700
2013 156,080,200
2014 154,991,200
2015 171,117,800
2016 179,909,400
2017 181,510,100
2018 188,363,900
2019 195,759,900
2020 191,947,300

GDP (constant LCU)

The value for GDP (constant LCU) in Kiribati was 199,143,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 232,190,900 in 1975 and a minimum value of 109,000,000 in 1987.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 114,560,300
1971 111,936,800
1972 125,457,900
1973 151,691,000
1974 220,411,200
1975 232,190,900
1976 170,037,500
1977 162,194,300
1978 163,912,900
1979 144,923,600
1980 121,000,000
1981 117,000,000
1982 125,000,000
1983 124,000,000
1984 130,000,000
1985 121,000,000
1986 120,000,000
1987 109,000,000
1988 119,000,000
1989 115,000,000
1990 114,000,000
1991 114,000,000
1992 115,000,000
1993 116,000,000
1994 118,000,000
1995 118,000,000
1996 120,000,000
1997 122,000,000
1998 130,000,000
1999 128,000,000
2000 136,000,000
2001 134,000,000
2002 139,075,200
2003 141,865,500
2004 139,554,000
2005 146,464,200
2006 146,392,000
2007 149,371,000
2008 146,247,000
2009 147,421,100
2010 146,059,100
2011 148,387,700
2012 155,382,200
2013 161,931,300
2014 160,801,500
2015 177,532,600
2016 186,653,800
2017 188,314,500
2018 195,425,200
2019 203,098,500
2020 199,143,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Kiribati was 284,691,700 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 286,888,800 in 2019 and 91,271,620 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 91,271,620
1991 94,358,210
1992 97,355,110
1993 100,529,400
1994 104,446,400
1995 106,636,500
1996 110,429,500
1997 114,277,600
1998 123,141,700
1999 122,997,800
2000 133,606,600
2001 134,529,300
2002 141,833,100
2003 147,365,500
2004 148,867,200
2005 161,105,200
2006 165,898,800
2007 173,822,000
2008 173,496,900
2009 176,223,000
2010 176,629,400
2011 183,193,900
2012 195,508,000
2013 207,324,000
2014 209,685,800
2015 233,708,400
2016 248,293,900
2017 255,212,700
2018 271,208,400
2019 286,888,800
2020 284,691,700

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Kiribati was 269,888,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 275,248,600 in 2019 and 154,498,200 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 154,498,200
1991 154,498,200
1992 155,853,400
1993 157,208,700
1994 159,919,200
1995 159,919,200
1996 162,629,600
1997 165,340,100
1998 176,182,100
1999 173,471,600
2000 184,313,600
2001 181,603,100
2002 188,481,200
2003 192,262,800
2004 189,130,100
2005 198,495,200
2006 198,397,300
2007 202,434,600
2008 198,200,800
2009 199,792,000
2010 197,946,100
2011 201,102,000
2012 210,581,200
2013 219,456,900
2014 217,925,700
2015 240,600,600
2016 252,962,000
2017 255,212,700
2018 264,849,400
2019 275,248,600
2020 269,888,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts