GDP Growth Rate
Year -
4.29%
In 2023, Kiribati experienced a significant an increase in its GDP growth rate, which rise to 4.29% from 3.86% in 2022. Additionally, the GDP per capita growth rate in Kiribati increase to 2.50% in 2023, compared to 1.99% in 2022.
In 2023, Kiribati experienced a increase in economic performance, with the GDP growth rate rising by 0.43%. Additionally, the GDP per capita growth rate increase by 0.51%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | -2.29 | - | -4.12 | - |
| 1972 | 12.08% | 14.37% | 10.07% | 14.19% |
| 1973 | 20.91% | 8.83% | 18.93% | 8.86% |
| 1974 | 45.3% | 24.39% | 44.46% | 25.53% |
| 1975 | 5.34% | -39.96% | 5.83% | -38.63% |
| 1976 | -26.77% | -32.11% | -26.33% | -32.16% |
| 1977 | -4.61% | 22.16% | -3.95% | 22.38% |
| 1978 | 1.06% | 5.67% | 1.79% | 5.74% |
| 1979 | -11.58% | -12.64% | -12.04% | -13.83% |
| 1980 | -16.51% | -4.93% | -17.93% | -5.89% |
| 1981 | 5.48% | 21.99% | 3.67% | 21.60% |
| 1982 | -0.65% | -6.13% | -2.39% | -6.06% |
| 1983 | -9.8% | -9.15% | -11.41% | -9.02% |
| 1984 | 13.77% | 23.57% | 11.65% | 23.06% |
| 1985 | -13.38% | -27.15% | -15.15% | -26.80% |
| 1986 | -2.21% | 11.17% | -4.44% | 10.71% |
| 1987 | 1.5% | 3.71% | -0.93% | 3.51% |
| 1988 | 21.48% | 19.98% | 18.54% | 19.47% |
| 1989 | -7.32% | -28.80% | -9.53% | -28.07% |
| 1990 | -5.92% | 1.40% | -8.03% | 1.50% |
| 1991 | -5.59% | 0.33% | -7.43% | 0.60% |
| 1992 | 23.7% | 29.29% | 21.66% | 29.09% |
| 1993 | - | - | -1.51% | -23.17% |
| 1994 | 1.8% | - | 0.31% | 1.82% |
| 1995 | 2.94% | 1.14% | 1.4% | 1.09% |
| 1996 | - | - | -1.63% | -3.03% |
| 1997 | 1.14% | - | -0.63% | 1.00% |
| 1998 | 3.95% | 2.81% | 2.14% | 2.77% |
| 1999 | -3.8% | -7.75% | -5.44% | -7.58% |
| 2000 | 6.78% | 10.58% | 4.93% | 10.37% |
| 2001 | -3.17% | -9.95% | -5% | -9.93% |
| 2002 | 1.64% | 4.81% | -0.42% | 4.58% |
| 2003 | -1.61% | -3.25% | -3.6% | -3.18% |
| 2004 | -0.55% | 1.06% | -2.53% | 1.07% |
| 2005 | 1.1% | 1.65% | -0.9% | 1.63% |
| 2006 | 5.98% | 4.88% | 3.95% | 4.85% |
| 2007 | 3.08% | -2.90% | 1.14% | -2.81% |
| 2008 | -2.99% | -6.07% | -4.82% | -5.96% |
| 2009 | 0.51% | 3.50% | -1.41% | 3.41% |
| 2010 | 1.02% | 0.51% | -0.85% | 0.56% |
| 2011 | 3.54% | 2.52% | 1.77% | 2.62% |
| 2012 | 5.85% | 2.31% | 4.2% | 2.43% |
| 2013 | 7.37% | 1.52% | 5.77% | 1.57% |
| 2014 | 1.29% | -6.08% | -0.19% | -5.96% |
| 2015 | 11.44% | 10.15% | 9.8% | 9.99% |
| 2016 | 7.22% | -4.22% | 5.59% | -4.21% |
| 2017 | 3.55% | -3.67% | 1.96% | -3.63% |
| 2018 | 3.42% | -0.13% | 1.82% | -0.14% |
| 2019 | 3.31% | -0.11% | 1.66% | -0.16% |
| 2020 | -0.64% | -3.95% | -2.39% | -4.05% |
| 2021 | 8.71% | 9.35% | 6.68% | 9.07% |
| 2022 | 3.86% | -4.85% | 1.99% | -4.69% |
| 2023 | 4.29% | 0.43% | 2.5% | 0.51% |