Kiribati GDP Data & Country Report

Kiribati Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Kiribati; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

N/A

International Reserves

N/A

Gross Domestic Product - GDP

US$ 163 million (2009 estimate)

GDP (Purchasing Power Parity)

643 million of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
7.6%	-5.1%	6.1%	2.3%	2.2%	3.9%	1.9%	0.4%
2008	2009	2010	2011*
-1.1%	-0.7%	1.8%	3%

*Estimate

GDP per capita - current prices

US$ 1,636 (2009 estimate)

GDP per capita - PPP

$6,462 International Dollars (2009 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 8.9%
industry: 24.2%
services: 66.8% (2004)

(Data released on February 2012)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
11%(2008)	8.8%	-1.4%	2.5%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
N/A	N/A	N/A	N/A	N/A

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-15.9%	-19.9%	-11%	-11.8%	-12.5%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Kiribati

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -47 million (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-28.9% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

9.7% (2004)

(Data released on December 2010)

Shares in world total merchandising export

N/A(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

N/A(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

N/A

Export commodities

copra 62%, coconuts, seaweed, fish

Total imports

US$62 million c.i.f. (2004 estimate)

Import commodities

foodstuffs, machinery and equipment, miscellaneous manufactured goods, fuel

Exports - major partners

N/A

Imports - major partners

N/A

FDI inflows

2008	2009	2010
US$3 million	US$3 million(2009)	US$4 million(2009)

FDI outflows

2008	2009	2010
US$1 million	US$0 million	US$0 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 93 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 123 out of 183 countries(2009)

Registering property: 68 out of 183 countries

Paying Taxes: 10 out of 183 countries

Getting credit: 138 out of 183 countries

Protecting investors: 44 out of 183 countries

Trading across border: 83 out of 183 countries

Enforcing Contracts: 80 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 166 Score: 44.8 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+12

Total area

726 km² (2006)

Capital

Tarawa (2009)

Currency

Australian dollars (AUD) (2009)

Government type

republic (2009)

Languages

I-Kiribati, English (official)

Religions

Roman Catholic 52%, Protestant (Congregational) 40%, other (includes Seventh-Day Adventist, Muslim, Baha'i, Latter-day Saints, Church of God) 8% (1999)

Total population

1980	1990	2000	2010*	2015**
0.06 million	0.07 million	0.09 million	0.1 million	0.1 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
16.3%	32.3%	43%	43.9%

Population median age

N/A

Population growth rate

1.5% (2009)

Life expectancy

N/A

Adult literacy

N/A

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

14.16% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

9% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.3003 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Kiribati GDP Data & Country Report | Global Finance