Current account balance (credit less debit), Net (credits less debits) in Kiribati
Kiribati: Current account balance (credit less debit), Net (credits less debits) was -59.54 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Kiribati, 2006–2024
Source: International Monetary Fund.
Analysis
Kiribati recorded -59.54 million for current account balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 19 years on record.
That represents a change of down 1,063.6% on the previous year and down 206.2% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Kiribati peaked at 86.82 million in 2019 and was at its lowest, -59.54 million, in 2024.
Kiribati ranks 91st of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -9.68 million | — |
| 2007 | -2.51 million | -74.1% |
| 2008 | -5.25 million | +109.1% |
| 2009 | -16.57 million | +215.7% |
| 2010 | 194,588 | -101.2% |
| 2011 | -17.30 million | -8991.6% |
| 2012 | 3.62 million | -120.9% |
| 2013 | -10.13 million | -379.9% |
| 2014 | 56.05 million | -653.2% |
| 2015 | 56.25 million | +0.4% |
| 2016 | 19.22 million | -65.8% |
| 2017 | 70.50 million | +266.8% |
| 2018 | 76.94 million | +9.1% |
| 2019 | 86.82 million | +12.8% |
| 2020 | 71.28 million | -17.9% |
| 2021 | 20.25 million | -71.6% |
| 2022 | -32.52 million | -260.6% |
| 2023 | -5.12 million | -84.3% |
| 2024 | -59.54 million | +1063.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -8.50 million | -16.57 million | -2.51 million | 4 |
| 2010s | 34.21 million | -17.30 million | 86.82 million | 10 |
| 2020s | -1.13 million | -59.54 million | 71.28 million | 5 |
Countries ranked near Kiribati
More financial sector data for Kiribati
- Official exchange rate 1.55 LCU per US$, period average (2025)
- Net migration -462 (2025)
- Net migration, annual growth rate 1.91 % change on previous year (2025)
- GDP deflator: linked series 137.22 base year varies by country (2025)
- Inflation, GDP deflator: linked series 0.0% (2025)
- Financial Institutions Access Index 0.1284 (2020)
- Financial Institutions Depth Index 0 (2020)
- Financial Institutions Efficiency Index 0.5298 (2020)
- Financial Development Index 0.0976 (2020)
- Financial Institutions Index 0.1916 (2020)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Kiribati?
- Current account balance (credit less debit), net (credits less debits) in Kiribati was -59.54 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The highest recorded value was 86.82 million in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The lowest recorded value was -59.54 million in 2024.
- How does Kiribati rank for current account balance (credit less debit), net (credits less debits)?
- Kiribati ranks 91st out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Kiribati?
- Over the last ten years it is down 206.2%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.