Gross savings in Kiribati
Kiribati: Gross savings was 44.11 million current US$ in 2024. ◆ Volatile
Gross savings in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kiribati recorded 44.11 million current US$ for gross savings in 2024.
The figure is down 10.2% on the previous year and down 59.7% over ten years.
Over the whole period, gross savings in Kiribati peaked at 127.38 million current US$ in 2017 and was at its lowest, 2.96 million current US$, in 2006.
That places Kiribati 171st out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.59 million current US$ | 2.96 million current US$ | 15.78 million current US$ | 4 |
| 2010s | 83.53 million current US$ | 20.65 million current US$ | 127.38 million current US$ | 10 |
| 2020s | 57.84 million current US$ | 24.76 million current US$ | 101.87 million current US$ | 5 |
Countries ranked near Kiribati
- 168 Vanuatu 82.41 million current US$ compare
- 169 Sao Tome and Principe 74.40 million current US$ compare
- 170 Seychelles 56.61 million current US$ compare
- 172 Solomon Islands 17.12 million current US$ compare
- 173 Palau -35.86 million current US$ compare
- 174 Malawi -224.99 million current US$ 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 gross savings in Kiribati?
- Gross savings in Kiribati was 44.11 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Kiribati?
- The highest recorded value was 127.38 million current US$ in 2017.
- What is the lowest gross savings recorded in Kiribati?
- The lowest recorded value was 2.96 million current US$ in 2006.
- How does Kiribati rank for gross savings?
- Kiribati ranks 171st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Kiribati?
- Over the last ten years it is down 59.7%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.