Financial Development Index in Kiribati
Kiribati: Financial Development Index was 0.0976 in 2020. ◆ Volatile
Financial Development Index in Kiribati, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Kiribati is 0.0976, measured in 2020.
Compared with earlier readings it is down 7.7% over ten years.
Over the whole period, financial development index in Kiribati peaked at 0.1136 in 1997 and was at its lowest, 0, in 1980.
That places Kiribati 164th out of 183 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0 | — |
| 1996 | 0 | — |
| 1997 | 0.1136 | — |
| 1998 | 0.1057 | -6.9% |
| 1999 | 0.1057 | +0.0% |
| 2000 | 0.1057 | +0.0% |
| 2001 | 0.1057 | +0.0% |
| 2002 | 0.1057 | +0.0% |
| 2003 | 0.1057 | +0.0% |
| 2004 | 0.1057 | +0.0% |
| 2005 | 0.1057 | +0.0% |
| 2006 | 0.1057 | +0.0% |
| 2007 | 0.1057 | +0.0% |
| 2008 | 0.1057 | +0.0% |
| 2009 | 0.1057 | +0.0% |
| 2010 | 0.1057 | +0.0% |
| 2011 | 0.1057 | +0.0% |
| 2012 | 0.1052 | -0.5% |
| 2013 | 0.0814 | -22.7% |
| 2014 | 0.0976 | +19.9% |
| 2015 | 0.0976 | +0.0% |
| 2016 | 0.0976 | +0.0% |
| 2017 | 0.0976 | +0.0% |
| 2018 | 0.0976 | +0.0% |
| 2019 | 0.0976 | +0.0% |
| 2020 | 0.0976 | +0.0% |
Kiribati compared with similar countries
- Kiribati's 0.0976 is below the median for lower middle income countries, which is 0.1603, 61% of the median. (45 countries reporting)
- Kiribati's 0.0976 is below the median for East Asia & Pacific, which is 0.3228, 30% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.0325 | 0 | 0.1136 | 10 |
| 2000s | 0.1057 | 0.1057 | 0.1057 | 10 |
| 2010s | 0.0983 | 0.0814 | 0.1057 | 10 |
| 2020s | 0.0976 | 0.0976 | 0.0976 | 1 |
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 financial development index in Kiribati?
- Financial development index in Kiribati was 0.0976 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Kiribati?
- The highest recorded value was 0.1136 in 1997.
- What is the lowest financial development index recorded in Kiribati?
- The lowest recorded value was 0 in 1980.
- How does Kiribati rank for financial development index?
- Kiribati ranks 164th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Kiribati?
- Over the last ten years it is down 7.7%. 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 Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.