Services balance (credit less debit), Net (credits less debits) (US) in Kiribati
Kiribati: Services balance (credit less debit), Net (credits less debits) (US) was -101.20 million in 2024. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Kiribati, 2006–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Kiribati is -101.20 million, measured in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 9.6% on the previous year and down 51.9% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Kiribati peaked at -25.48 million in 2006 and was at its lowest, -101.20 million, in 2024.
Kiribati ranks 108th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Kiribati, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | -25.48 million | — |
| 2007 | -33.12 million | +30.0% |
| 2008 | -35.94 million | +8.5% |
| 2009 | -37.78 million | +5.1% |
| 2010 | -39.69 million | +5.0% |
| 2011 | -54.28 million | +36.8% |
| 2012 | -52.25 million | -3.8% |
| 2013 | -54.62 million | +4.5% |
| 2014 | -66.62 million | +22.0% |
| 2015 | -66.77 million | +0.2% |
| 2016 | -65.75 million | -1.5% |
| 2017 | -67.27 million | +2.3% |
| 2018 | -59.21 million | -12.0% |
| 2019 | -50.52 million | -14.7% |
| 2020 | -29.23 million | -42.1% |
| 2021 | -55.67 million | +90.5% |
| 2022 | -83.05 million | +49.2% |
| 2023 | -92.33 million | +11.2% |
| 2024 | -101.20 million | +9.6% |
Kiribati compared with similar countries
- Kiribati's -101.20 million is above the median for lower middle income countries, which is -329.10 million, 31% of the median. (46 countries reporting)
- Kiribati's -101.20 million is above the median for East Asia & Pacific, which is -101.20 million, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2021 | -90.5% | -29.23 million | -55.67 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -33.08 million | -37.78 million | -25.48 million | 4 |
| 2010s | -57.70 million | -67.27 million | -39.69 million | 10 |
| 2020s | -72.30 million | -101.20 million | -29.23 million | 5 |
Countries ranked near Kiribati
- 105 Marshall Islands -63.70 million compare
- 106 Tonga -67.46 million compare
- 107 Comoros -88.98 million compare
- 109 Kyrgyzstan -108.52 million compare
- 110 Solomon Islands -115.78 million compare
- 111 Guinea-Bissau -144.70 million compare
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 services balance (credit less debit), net (credits less debits) in Kiribati?
- Services balance (credit less debit), net (credits less debits) in Kiribati was -101.20 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The highest recorded value was -25.48 million in 2006.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Kiribati?
- The lowest recorded value was -101.20 million in 2024.
- How does Kiribati rank for services balance (credit less debit), net (credits less debits)?
- Kiribati ranks 108th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Kiribati?
- Over the last ten years it is down 51.9%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.