Final consumption expenditure in Kiribati
Kiribati: Final consumption expenditure was 468.78 million constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, final consumption expenditure in Kiribati stood at 468.78 million constant 2015 US$. That is the highest value across all 19 years on record.
The figure is up 4.3% on the previous year and up 79.9% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 468.78 million constant 2015 US$ in 2024 and was at its lowest, 205.64 million constant 2015 US$, in 2010.
That places Kiribati 168th out of 171 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 216.85 million constant 2015 US$ | 212.26 million constant 2015 US$ | 220.88 million constant 2015 US$ | 4 |
| 2010s | 273.47 million constant 2015 US$ | 205.64 million constant 2015 US$ | 348.45 million constant 2015 US$ | 10 |
| 2020s | 413.19 million constant 2015 US$ | 329.64 million constant 2015 US$ | 468.78 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 165 Samoa 941.23 million constant 2015 US$ compare
- 166 San Marino 936.76 million constant 2015 US$ compare
- 167 Tonga 642.46 million constant 2015 US$ compare
- 169 Sao Tome and Principe 461.97 million constant 2015 US$ compare
- 170 Palau 276.18 million constant 2015 US$ compare
- 171 Marshall Islands 270.51 million constant 2015 US$ compare
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 468.78 million constant 2015 US$ 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 468.78 million constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 205.64 million constant 2015 US$ in 2010.
- How does Kiribati rank for final consumption expenditure?
- Kiribati ranks 168th out of 171 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is up 79.9%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.