Current account balance (credit less debit), Net (credits less) in Kiribati
Kiribati: Current account balance (credit less debit), Net (credits less) 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) 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% |
Kiribati compared with similar countries
- Kiribati's -59.54 million is above the median for lower middle income countries, which is -96.83 million, 61% of the median. (46 countries reporting)
- Kiribati's -59.54 million is below the median for East Asia & Pacific, which is 65.63 million. (33 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -8991.6% | 194,588 | -17.30 million |
| 2024 | -1063.6% | -5.12 million | -59.54 million |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 14.14 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.32 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0055 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 14.14 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.