The gross domestic product (GDP) in current prices in Kiribati was forecast to continuously increase between 2024 and 2029 by in total 0.1 billion U.S. dollars (+32.26 percent). After the seventh consecutive increasing year, the GDP is estimated to reach 0.4 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like New Zealand, Tonga, and Samoa.
Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
0.4
2028*
0.38
2027*
0.37
2026*
0.35
2025*
0.33
2024*
0.31
2023*
0.28
2022
0.27
2021
0.29
2020
0.22
2019
0.22
2018
0.23
2017
0.22
2016
0.21
2015
0.19
2014
0.2
2013
0.2
2012
0.21
2011
0.2
2010
0.17
2009
0.14
2008
0.15
2007
0.14
2006
0.11
2005
0.11
2004
0.1
2003
0.1
2002
0.07
2001
0.06
2000
0.07
1999
0.08
1998
0.07
1997
0.08
1996
0.08
1995
0.07
1994
0.07
1993
0.06
1992
0.06
1991
0.04
1990
0.04
1989
0.04
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IMF. (October 22, 2024). Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/
IMF. "Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. October 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/
IMF. (2024). Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/
IMF. "Kiribati: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/
IMF, Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/ (last visited December 22, 2024)
Kiribati: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/529100/gross-domestic-product-gdp-in-kiribati/