Kiribati GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$2,288.63

Source: world bank Nominal/PPP
Summary:

Kiribati GDP Per Capita expanded from 1970 to 2024, increasing from $201.02 to $2,288.63 .The compound annual growth rate (CAGR) averaged 4.61% over the period. The economy recorded its peak level in 2024 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 66.24%, indicating the largest cyclical decline from peak levels. The country experienced 13 recession episode(s) during the observed period.

Latest GDP Per Capita of Kiribati 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 2,288.63 dollars$ 3,702.33 Int dollars
Growth (YoY)5.094%6.219%
Net Change vs Previous Year$ 110.93 dollars$ 216.77 Int dollars
% of World GDP Per Capita2.06%1.85%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Kiribati GDP | Kiribati GDP Growth

Kiribati Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970201.02-----
1971210.679.644.798 %---
1972256.1945.5221.607 %---
1973421.63165.4464.578 %---
19741131.29709.66168.316 %---
1975730.44-400.85-35.433 %---
1976548.08-182.37-24.967 %---
1977519.94-28.13-5.133 %---
1978610.7890.8417.471 %---
1979572.79-37.99-6.22 %---
1980542.25-30.54-5.332 %---
1981567.7225.474.697 %---
1982518.62-49.1-8.649 %---
1983483.11-35.51-6.848 %---
1984527.2944.189.146 %---
1985392.91-134.39-25.486 %---
1986381.92-10.99-2.796 %---
1987423.8241.910.972 %---
1988535.92112.0926.448 %---
1989514.65-21.26-3.967 %---
1990488.07-26.59-5.166 %1191.53--
1991540.1352.0610.666 %1139.23-52.3-4.389 %
1992792251.8746.632 %1420.67281.4324.704 %
1993747.75-44.24-5.586 %1430.7110.050.707 %
1994837.9790.2212.065 %1469.1638.452.687 %
1995844.436.460.771 %1518.2349.073.34 %
1996985.89141.4616.752 %1519.251.010.067 %
1997953.16-32.72-3.319 %1535.3216.071.058 %
1998874.48-78.68-8.254 %1592.9657.643.754 %
1999887.513.011.488 %1526.09-66.86-4.198 %
2000845.37-42.13-4.747 %1637.94111.847.329 %
2001718.83-126.53-14.968 %1591.24-46.7-2.851 %
2002810.1191.2712.698 %1605.0813.840.87 %
20031020.5210.3925.971 %1578.29-26.79-1.669 %
20041083.2762.776.151 %1578.840.550.035 %
20051161.7878.517.248 %1616.5837.742.39 %
20061123.19-38.59-3.322 %1727.77111.196.878 %
20071352.58229.3920.423 %1792.0564.283.72 %
20081410.6258.044.291 %1735.43-56.61-3.159 %
20091316.63-93.99-6.663 %1718.49-16.94-0.976 %
20101522.1205.4715.606 %1724.475.980.348 %
20111771.13249.0316.361 %1785.5761.13.543 %
20121843.5572.424.089 %1896.32110.756.203 %
20131772.09-71.47-3.877 %2049.33153.018.069 %
20141736.71-35.38-1.997 %2084.1334.81.698 %
20151639.85-96.85-5.577 %2310.6226.4710.866 %
20161742.67102.826.27 %2462.83152.236.588 %
20171853.05110.386.334 %2562.0799.234.029 %
20181912.7459.693.221 %2671.76109.74.282 %
20191751-161.74-8.456 %2762.9491.183.413 %
20201751.780.780.045 %2710.91-52.03-1.883 %
20212222.05470.2726.845 %3020.49309.5911.42 %
20222069.77-152.28-6.853 %3329.34308.8510.225 %
20232177.7107.935.215 %3485.56156.214.692 %
20242288.63110.935.094 %3702.33216.776.219 %

Kiribati Economic Phases (1970 - 2024)

From 1970 to 2024, Kiribati economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1972–1974) indicating robust economic expansion
  • Crisis (1975–1976) indicating severe economic downturn
  • Contraction (1979–1980) indicating temporary slowdown
  • Contraction (1982–1983) indicating temporary slowdown
  • High Growth (1987–1988) indicating robust economic expansion
  • Contraction (1989–1990) indicating temporary slowdown
  • High Growth (1991–1992) indicating robust economic expansion
  • Contraction (1997–1998) indicating temporary slowdown
  • High Growth (2002–2005) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Contraction (2013–2015) indicating temporary slowdown
  • High Growth (2016–2017) indicating robust economic expansion
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 1974 with an increase of 168.316%, while the largest decline was in 1975 at -35.433%.