Remittance inflows to GDP in Kiribati
Kiribati: Remittance inflows to GDP was 8.2% in 2020. ▲ Rising
Remittance inflows to GDP in Kiribati, 1979–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
The most recent figure for remittance inflows to gdp in Kiribati is 8.2%, measured in 2020.
The figure is down 26.9% on the previous year and down 18.2% over ten years.
Over the whole period, remittance inflows to gdp in Kiribati peaked at 15.2% in 1987 and was at its lowest, 0.0%, in 2005.
Kiribati ranks 44th of 195 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 3.7% | 3.7% | 1 |
| 1980s | 8.7% | 4.1% | 15.2% | 10 |
| 1990s | 12.8% | 12.6% | 13.0% | 5 |
| 2000s | 8.6% | 0.0% | 11.8% | 5 |
| 2010s | 9.6% | 8.2% | 11.3% | 10 |
| 2020s | 8.2% | 8.2% | 8.2% | 1 |
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)
- GDP deflator: linked series 137.22 base year varies by country (2025)
- Inflation, GDP deflator: linked series 0.0% (2025)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Consolidated foreign claims of BIS reporting banks to GDP 8.6% (2020)
- Consumer price index 124.11 2010 = 100 (2024)
- International migrant stock, total 3,302 (2024)
- International migrant stock 2.5% (2024)
- Gross portfolio equity assets to GDP 55.4% (2020)
Frequently asked questions
- What is remittance inflows to gdp in Kiribati?
- Remittance inflows to gdp in Kiribati was 8.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Kiribati?
- The highest recorded value was 15.2% in 1987.
- What is the lowest remittance inflows to gdp recorded in Kiribati?
- The lowest recorded value was 0.0% in 2005.
- How does Kiribati rank for remittance inflows to gdp?
- Kiribati ranks 44th out of 195 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Kiribati?
- Over the last ten years it is down 18.2%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.