Goods balance (credit less debit), Net (credits less debits) (US) in Kiribati
Kiribati: Goods balance (credit less debit), Net (credits less debits) (US) was -218.09 million in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Kiribati, 2006–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Kiribati is -218.09 million, measured in 2024. That is the lowest value across all 19 years on record.
The figure is down 18.4% on the previous year and down 133.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Kiribati peaked at -56.97 million in 2007 and was at its lowest, -218.09 million, in 2024.
That places Kiribati 79th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -57.25 million | — |
| 2007 | -56.97 million | -0.5% |
| 2008 | -62.88 million | +10.4% |
| 2009 | -59.45 million | -5.5% |
| 2010 | -63.83 million | +7.4% |
| 2011 | -77.20 million | +20.9% |
| 2012 | -93.89 million | +21.6% |
| 2013 | -97.25 million | +3.6% |
| 2014 | -93.29 million | -4.1% |
| 2015 | -89.42 million | -4.1% |
| 2016 | -95.74 million | +7.1% |
| 2017 | -98.49 million | +2.9% |
| 2018 | -92.16 million | -6.4% |
| 2019 | -94.11 million | +2.1% |
| 2020 | -98.31 million | +4.5% |
| 2021 | -135.56 million | +37.9% |
| 2022 | -168.37 million | +24.2% |
| 2023 | -184.19 million | +9.4% |
| 2024 | -218.09 million | +18.4% |
Kiribati compared with similar countries
- Kiribati's -218.09 million is above the median for lower middle income countries, which is -673.06 million, 32% of the median. (46 countries reporting)
- Kiribati's -218.09 million is below the median for East Asia & Pacific, which is -98.47 million, 2.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -59.14 million | -62.88 million | -56.97 million | 4 |
| 2010s | -89.54 million | -98.49 million | -63.83 million | 10 |
| 2020s | -160.91 million | -218.09 million | -98.31 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 goods balance (credit less debit), net (credits less debits) in Kiribati?
- Goods balance (credit less debit), net (credits less debits) in Kiribati was -218.09 million in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The highest recorded value was -56.97 million in 2007.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The lowest recorded value was -218.09 million in 2024.
- How does Kiribati rank for goods balance (credit less debit), net (credits less debits)?
- Kiribati ranks 79th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Kiribati?
- Over the last ten years it is down 133.8%. The long-run trend across the full record is falling.
- Where does this Kiribati data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.