GNI, PPP in Kiribati
Kiribati: GNI, PPP was 693.67 million constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Kiribati, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gni, ppp in Kiribati is 693.67 million constant 2021 international $, measured in 2024. That is the highest value across all 19 years on record.
The figure is up 3.3% on the previous year and up 49.2% over ten years.
Over the whole period, gni, ppp in Kiribati peaked at 693.67 million constant 2021 international $ in 2024 and was at its lowest, 280.13 million constant 2021 international $, in 2009.
That places Kiribati 156th out of 158 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 | 301.68 million constant 2021 international $ | 280.13 million constant 2021 international $ | 317.75 million constant 2021 international $ | 4 |
| 2010s | 475.47 million constant 2021 international $ | 304.15 million constant 2021 international $ | 663.05 million constant 2021 international $ | 10 |
| 2020s | 633.10 million constant 2021 international $ | 594.76 million constant 2021 international $ | 693.67 million constant 2021 international $ | 5 |
Countries ranked near Kiribati
- 153 Sao Tome and Principe 1.59 billion constant 2021 international $ compare
- 154 Vanuatu 1.28 billion constant 2021 international $ compare
- 155 Tonga 790.64 million constant 2021 international $ compare
- 157 Palau 327.32 million constant 2021 international $ compare
- 158 Marshall Islands 324.02 million constant 2021 international $ compare
More economy & growth data for Kiribati
- Exports of goods and services 23.48 million current LCU (2024)
- Industry (including construction), value added 47.82 million constant LCU (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)
- Gross fixed capital formation 99.64 million current US$ (2024)
- Exports of goods and services 4.5% (2024)
Frequently asked questions
- What is gni, ppp in Kiribati?
- Gni, ppp in Kiribati was 693.67 million constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Kiribati?
- The highest recorded value was 693.67 million constant 2021 international $ in 2024.
- What is the lowest gni, ppp recorded in Kiribati?
- The lowest recorded value was 280.13 million constant 2021 international $ in 2009.
- How does Kiribati rank for gni, ppp?
- Kiribati ranks 156th out of 158 countries with data for 2024.
- Is gni, ppp rising or falling in Kiribati?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.