General government final consumption expenditure in Kiribati
Kiribati: General government final consumption expenditure was 306.93 million current LCU in 2024. ▲ Rising
General government final consumption expenditure in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Kiribati is 306.93 million current LCU, measured in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 8.8% on the previous year and up 116.2% over ten years.
Over the whole period, general government final consumption expenditure in Kiribati peaked at 306.93 million current LCU in 2024 and was at its lowest, 98.27 million current LCU, in 2006.
That places Kiribati 182nd out of 186 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 | 105.60 million current LCU | 98.27 million current LCU | 110.73 million current LCU | 4 |
| 2010s | 144.46 million current LCU | 104.37 million current LCU | 193.73 million current LCU | 10 |
| 2020s | 242.72 million current LCU | 175.02 million current LCU | 306.93 million current LCU | 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 general government final consumption expenditure in Kiribati?
- General government final consumption expenditure in Kiribati was 306.93 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Kiribati?
- The highest recorded value was 306.93 million current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Kiribati?
- The lowest recorded value was 98.27 million current LCU in 2006.
- How does Kiribati rank for general government final consumption expenditure?
- Kiribati ranks 182nd out of 186 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Kiribati?
- Over the last ten years it is up 116.2%. 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 General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.