Final consumption expenditure in Kiribati
Kiribati: Final consumption expenditure was 4.3% in 2024. ◆ Volatile
Final consumption expenditure in Kiribati, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Kiribati recorded 4.3% for final consumption expenditure in 2024.
Compared with earlier readings it is up 107.8% on the previous year and down 54.0% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 16.7% in 2022 and was at its lowest, -5.4%, in 2020.
That places Kiribati 57th out of 175 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.0% | -2.3% | 1.1% | 3 |
| 2010s | 5.1% | -3.1% | 10.7% | 10 |
| 2020s | 6.4% | -5.4% | 16.7% | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Exports of goods and services 11.62 million constant 2015 US$ (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 21.1% (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Exports of goods and services 23.48 million current LCU (2024)
- Gross fixed capital formation 150.99 million current LCU (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
Frequently asked questions
- What is final consumption expenditure in Kiribati?
- Final consumption expenditure in Kiribati was 4.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Kiribati?
- The highest recorded value was 16.7% in 2022.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was -5.4% in 2020.
- How does Kiribati rank for final consumption expenditure?
- Kiribati ranks 57th out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is down 54.0%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.