Final consumption expenditure in Kiribati
Kiribati: Final consumption expenditure was 846.70 million current LCU in 2024. ▲ Rising
Final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, final consumption expenditure in Kiribati stood at 846.70 million current LCU. That is the highest value across all 19 years on record.
The figure is up 9.5% on the previous year and up 148.1% over ten years.
Over the whole period, final consumption expenditure in Kiribati peaked at 846.70 million current LCU in 2024 and was at its lowest, 237.16 million current LCU, in 2006.
Kiribati ranks 185th of 187 countries on this measure, 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 | 255.58 million current LCU | 237.16 million current LCU | 270.68 million current LCU | 4 |
| 2010s | 363.09 million current LCU | 263.92 million current LCU | 476.30 million current LCU | 10 |
| 2020s | 664.72 million current LCU | 463.44 million current LCU | 846.70 million current LCU | 5 |
Countries ranked near Kiribati
- 182 East Timor 2.69 billion current LCU compare
- 183 Tonga 1.84 billion current LCU compare
- 184 San Marino 982.71 million current LCU compare
- 186 Palau 363.09 million current LCU compare
- 187 Marshall Islands 353.44 million current LCU 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 846.70 million current LCU 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 846.70 million current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 237.16 million current LCU in 2006.
- How does Kiribati rank for final consumption expenditure?
- Kiribati ranks 185th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is up 148.1%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.