Kiribati

Description of Kiribati

Welcome to our website dedicated to providing insightful analysis on Kiribati, a unique island nation in the Pacific Ocean. Known for its stunning natural beauty, Kiribati faces various challenges and opportunities in its development trajectory. With a rich cultural heritage and a strong emphasis on sustainability, Kiribati stands at a critical juncture in its economic and geopolitical landscape. Join us as we delve into the macroeconomic indicators, geopolitical dynamics, and social factors shaping Kiribati's present and future.

Population And Age Structure

Population, total: Kiribati has a population of 126,463, significantly below the average population of 40,097,746. Kiribati ranks 176th out of 194 countries in terms of population.

Population ages 0-14 (% of total population): Kiribati's population aged 0-14 is 36.19%, higher than the average of 27.34%. Kiribati ranks 50th out of 194 countries for this demographic.

Population ages 0-14, total: The total population aged 0-14 in Kiribati is 45,769, much lower than the average of 10,327,379. Kiribati ranks 175th out of 194 countries in this category.

Population ages 15-64 (% of total population): Kiribati's population aged 15-64 constitutes 60.12%, slightly lower than the average of 63.44%. Kiribati ranks 141st out of 194 countries for this age group.

Population ages 15-64, total: The total population aged 15-64 in Kiribati is 76,033, far below the average of 26,003,407. Kiribati ranks 177th out of 194 countries in this demographic.

Population ages 65 and above (% of total population): The population aged 65 and above in Kiribati makes up 3.69% of the total population, significantly lower than the average of 9.22%. Kiribati ranks 143rd out of 194 countries in this age category.

Population ages 65 and above, total: Kiribati has a total population aged 65 and above of 4,661, much lower than the average of 3,766,959. Kiribati ranks 189th out of 194 countries for this age group.

Summary

Kiribati's population is relatively small compared to the global average, with a significant percentage of individuals falling within the 0-14 age group. The country has a lower proportion of working-age individuals (15-64) and elderly individuals (65 and above) compared to the world average. These demographic indicators are crucial as they can impact various aspects of the economy, including workforce participation, healthcare needs, and social welfare programs.

Population Miscellaneous

1. Kiribati has a Rural population of 56,157, significantly below the average of 18,044,041. Kiribati ranks 175th out of 190 countries in this data set.

2. The Rural population (% of total population) in Kiribati is 44.406, above the average of 41.158%. Kiribati ranks 80th out of 190 countries for this metric.

3. Kiribati's Urban population stands at 70,306, much lower than the average of 22,425,747. Kiribati ranks 174th out of 194 countries in urban population.

4. The Urban population (% of total population) in Kiribati is 55.594, below the average of 59.691%. Kiribati ranks 115th out of 194 countries for this measure.

5. Kiribati's Age dependency ratio (% of working-age population) is 66.326%, higher than the average of 59.219%. Kiribati ranks 54th out of 194 countries in this aspect.

6. The Birth rate in Kiribati is 27.645 per 1,000 people, surpassing the average of 19.384. Kiribati ranks 48th out of 192 countries based on its birth rate.

7. Kiribati's Death rate is 6.242 per 1,000 people, lower than the average of 8.214. The country ranks 145th out of 192 countries for its death rate.

8. The Fertility rate in Kiribati is 3.333 births per woman, higher than the average of 2.603. Kiribati ranks 49th out of 190 countries in terms of fertility rate.

Summary

Kiribati has a unique demographic profile compared to the global average, with a higher rural population percentage and age dependency ratio. The country also exhibits higher birth and fertility rates but a lower death rate compared to the world average. These indicators are crucial as they reflect Kiribati's population distribution, demographic challenges, and potential future population growth, which can impact its economy, social services, and overall development strategies.

Natural Resources

Kiribati's forest area spans 11.8 sq. km, significantly below the global average of 211,606.115 sq. km, placing the country at rank 184 out of 191 countries with available data.

With a land area of 810 sq. km, Kiribati's expanse is notably smaller than the average of 665,166.512 sq. km, positioning the country at rank 171 out of 194 countries.

Kiribati's surface area matches its land area at 810 sq. km, again below the average of 689,779.561 sq. km, ranking the country at 171 out of 194 countries.

The arable land in Kiribati covers 2000 hectares, significantly lower than the global average of 7,329,543.164 hectares, placing the country at rank 180 out of 190 countries within the dataset.

Summary

Kiribati's limited forest area, small land and surface area, and lack of arable land underscore the country's geographical constraints compared to global averages. These statistics are crucial as they indicate the country's challenges in terms of natural resources, potential for agriculture, and overall land utilization for economic development and sustainability.

Resource Rents

1. Total natural resources rents (% of GDP): In Kiribati, the total natural resources rents account for 0.057% of the GDP, significantly below the average of 4.630%. This places Kiribati at rank 152 out of 175 countries included in the data.

2. Forest rents (% of GDP): Kiribati's forest rents contribute 0.057% to the GDP, which is notably lower than the average of 1.526%. Kiribati ranks 126 out of 174 countries in this metric.

Summary

Kiribati exhibits a low contribution of natural resources rents and forest rents to its GDP, ranking below the global averages in both indicators. This suggests that Kiribati may lack significant revenue streams from its natural resources sector compared to other countries. As natural resources can be crucial for economic development and sustainability, Kiribati may need to explore alternative sources of revenue or sustainable management of its existing resources to support its economic growth.

Commodities

Regarding Aquaculture production (metric tons), Kiribati's value of 2 is significantly below the attribute average of 679,642.9 metric tons, ranking the country 176th out of 180 countries in the data set.

For Capture fisheries production (metric tons), Kiribati's value of 212,750.79 is below the average of 467,453.1 metric tons, placing the country at the 51st rank out of 190 countries.

In terms of Total fisheries production (metric tons), Kiribati's production of 212,752.79 metric tons is also below the average of 1,153,914.9 metric tons, ranking the country 57th out of 182 countries.

When looking at Fertilizer consumption (kilograms per hectare of arable land), Kiribati's consumption of 1.36 kilograms per hectare is notably lower than the average of 159.04 kilograms per hectare, positioning the country at the 178th rank out of 187 countries.

Summary

Kiribati's performance in key macroeconomic indicators related to fisheries production and fertilizer consumption places the country below global averages and significantly lowers its ranking compared to other nations. The low values signify potential challenges in sustaining domestic food production and agricultural development. Addressing these shortcomings through targeted policies and investments could be crucial for improving Kiribati's economic self-reliance and food security in the long term.

Intellectual Property

1. Scientific and technical journal articles: Kiribati produces 3.69 scientific and technical journal articles, significantly below the attribute average of 15103.76. This places Kiribati at rank 186 out of 192 countries included in the data.

Summary

Kiribati's production of scientific and technical journal articles is extremely low compared to the global average, ranking the country 186th out of 192 nations. This indicates a significant gap in research and innovation capabilities, which are crucial for economic development, technological advancement, and knowledge creation in today's competitive global landscape.

Broad Economy Attributes

GDP (current US$): Kiribati has a GDP of 177.6 million USD, significantly below the average GDP of 442.9 billion USD. Kiribati ranks 187th out of 189 countries in this regard.

GDP, PPP (current international $): Kiribati's GDP of 253.3 million international dollars is well below the average of 734.1 billion international dollars. Kiribati is ranked 179th out of 181 countries.

GDP per capita (current US$): Kiribati's GDP per capita is 1404 USD, much lower than the average of 15462 USD. Kiribati holds the 156th rank out of 190 countries.

GDP per capita, PPP (current international $): Kiribati's GDP per capita of 2003 international dollars is notably lower than the average of 21251.9 international dollars. The country is placed 169th out of 181 countries.

GNI (current US$): Kiribati's GNI is 331.97 million USD, significantly below the average GNI of 452.0 billion USD. Kiribati ranks 181st out of 185 countries.

GNI, PPP (current international $): Kiribati's GNI of 473.68 million international dollars is well below the average of 730.7 billion international dollars. Kiribati holds the 176th rank out of 181 countries.

GNI per capita, PPP (current international $): Kiribati's GNI per capita of 3750 international dollars is much lower than the average of 20615.7 international dollars. Kiribati is ranked 150th out of 181 countries.

Summary

Kiribati's key macroeconomic indicators, including GDP, GDP per capita, and GNI, are significantly below global averages, highlighting the country's economic challenges and limited financial resources. These statistics indicate that Kiribati faces obstacles in terms of economic development, income distribution, and overall prosperity. It underscores the importance of international assistance, investment, and sustainable economic policies to uplift Kiribati's economy and improve the living standards of its population.

Broad Value Added

- Gross value added at basic prices (GVA) in Kiribati is $180,602,929.93, significantly below the average of $360,070,943,595.12. Kiribati ranks 176 out of 176 countries in this attribute data set.
- Agriculture, forestry, and fishing value added as a percentage of GDP is 26.48%, well above the average of 10.86%. Kiribati ranks 17 out of 182 countries in this attribute data set.
- Agriculture, forestry, and fishing value added in Kiribati is $47,022,130.83, significantly below the average of $19,924,732,828.07. Kiribati ranks 175 out of 182 countries in this attribute data set.
- Services value added as a percentage of GDP is 67.80% in Kiribati, above the average of 56.72%. Kiribati ranks 34 out of 183 countries in this attribute data set.
- Services value added in Kiribati is $120,379,489.83, significantly below the average of $295,837,711,130.69. Kiribati ranks 183 out of 183 countries in this attribute data set.
- Industry (including construction) value added in Kiribati is $17,611,098.45, significantly below the average of $118,421,095,413.50. Kiribati ranks 183 out of 183 countries in this attribute data set.

Summary

Kiribati's economy is heavily reliant on the agriculture, forestry, and fishing sectors, as indicated by their high contribution to GDP and value added. However, the country lags behind in overall economic value added, particularly in services and industrial sectors. This imbalance in economic diversification could pose challenges for Kiribati's sustainable development and resilience in the long term, highlighting the importance of fostering growth in non-agricultural sectors to achieve a more stable and robust economy.

Manufacturing Value Added

Regarding Manufacturing, value added (current US$), Kiribati's value is significantly lower than the average, standing at 7878539.45 USD while the average is at 76207179589.66 USD. Kiribati ranks 170 out of 173 countries in this attribute data.

As for Manufacturing, value added (% of GDP), Kiribati's percentage is below average, with 4.44% compared to the average of 11.90%. Kiribati holds the 150th position out of 173 countries in this dataset.

Summary

Money

Inflation, consumer prices in Kiribati is 2.55%, which is below the average of 8.26%. Kiribati ranks 72 out of 165 countries in this dataset.

Inflation, GDP deflator in Kiribati is 4.11%, also below the average of 6.90%. Kiribati ranks 61 out of 188 countries for this metric.

Summary

Kiribati maintains a relatively low inflation rate in both consumer prices and GDP deflator compared to global averages, ranking moderately within the dataset for each indicator. This indicates a stable pricing environment in Kiribati, which can foster economic growth, attract investments, and enhance the overall standard of living for its citizens.

Consumption Expenditure

1. Kiribati's Final consumption expenditure is $273,817,911.55, which is significantly below the average of $381,630,252,515.38, ranking 159th out of 159 countries.

2. Final consumption expenditure (% of GDP) in Kiribati is 154.22%, well above the average of 82.37%. This places Kiribati at the top rank out of 159 countries.

3. Kiribati's General government final consumption expenditure is $119,480,415.80, much lower than the average of $93,676,578,238.03. Kiribati ranks 157th out of 158 countries.

4. The country's General government final consumption expenditure (% of GDP) is 67.29%, significantly surpassing the average of 18.71%. This performance ranks Kiribati at 1st place out of 158 countries.

5. Household and NPISHs Final consumption expenditure in Kiribati stands at $154,337,426.92, notably lower than the average of $290,127,571,157.69. Kiribati ranks 158th out of 158 countries for this attribute.

6. In terms of Households and NPISHs final consumption expenditure (% of GDP), Kiribati records 86.92%, which is higher than the average of 63.68%. This places Kiribati at the 14th rank out of 158 countries.

Summary

Kiribati demonstrates a unique pattern in its macroeconomic indicators compared to other countries. While the country's final consumption expenditure is significantly below the global average, its final consumption expenditure (% of GDP) is remarkably high, placing Kiribati at the top rank. This indicates a high level of domestic spending relative to its GDP, potentially highlighting factors like limited investment opportunities or high dependency on imports. These statistics are crucial as they shed light on Kiribati's economic structure and areas that may require further attention for sustainable development.

Investment

Foreign direct investment, net (BoP, current US$): Kiribati's value of -2512229.97 is below the average of -1615235980.51. Kiribati ranks 38 out of 169 countries in this data set.

Foreign direct investment, net inflows (BoP, current US$): Kiribati's value of 2624092.84 is below the average of 5749271080.15. Kiribati ranks 153 out of 182 countries in this data set.

Foreign direct investment, net inflows (% of GDP): Kiribati's value of 1.48% is below the average of 2.61%. Kiribati ranks 96 out of 178 countries in this data set.

Foreign direct investment, net outflows (BoP, current US$): Kiribati's value of 111862.87 is below the average of 5707991116.07. Kiribati ranks 118 out of 156 countries in this data set.

Foreign direct investment, net outflows (% of GDP): Kiribati's value of 0.06% is below the average of 1.00%. Kiribati ranks 101 out of 155 countries in this data set.

Portfolio Investment, net (BoP, current US$): Kiribati's value of 2057072.04 is above the average of 679559169.57. Kiribati ranks 76 out of 159 countries in this data set.

Summary

Kiribati's foreign direct investment metrics generally fall below global averages, indicating limited international investment inflows and outflows relative to its GDP. However, the country performs relatively better in portfolio investment, with net values surpassing the average. These indicators are crucial as they highlight Kiribati's attractiveness to foreign investors, its reliance on portfolio investments for capital inflow, and the potential for economic growth through increased foreign direct investments.

Broad Trade Attributes

Trade (% of GDP): Kiribati's trade accounts for 95.35% of its GDP, which is higher than the average of 82.34%. Kiribati ranks 40th out of 163 countries in this attribute.

Merchandise trade (% of GDP): Kiribati's merchandise trade constitutes 79.98% of its GDP, surpassing the average of 60.01%. Kiribati holds the 34th rank out of 186 countries.

Trade in services (% of GDP): Kiribati's trade in services stands at 29.48% of its GDP, above the average of 24.63%. Kiribati is ranked 33rd out of 171 countries for this attribute.

External balance on goods and services (current US$): Kiribati has an external balance of -126,627,141.56 USD, significantly below the average of 3,405,509,011.13 USD. Kiribati's rank is 69th out of 163 countries in this metric.

External balance on goods and services (% of GDP): Kiribati's external balance as a percentage of GDP is -71.32%, contrasting with the average of -5.97%. Kiribati is ranked 163rd out of 163 countries for this attribute.

Summary

Kiribati shows a heavy reliance on trade, with trade accounting for a significantly high percentage of its GDP across categories. However, the country faces challenges with a negative external balance on goods and services, indicating a trade deficit.

These indicators are crucial as they highlight Kiribati's integration into the global economy, its competitiveness in international trade, and its vulnerability to external economic shocks. Addressing the trade deficit and enhancing trade balance is essential for long-term economic sustainability and stability in Kiribati.

Net Trade

Analysis of Key Macroeconomic Statistics for Kiribati:

1. Current account balance (BoP, current US$): Kiribati's current account balance is $71,278,573.01, which is significantly below the average of $1,443,864,831.49. Kiribati is ranked 62 out of 170 countries in this attribute.

2. Current account balance (% of GDP): Kiribati's current account balance is 40.14% of its GDP, far above the average of -2.36%. Kiribati is ranked 1 out of 170 countries in this attribute.

3. Net trade in goods and services (BoP, current US$): Kiribati's net trade in goods and services is -$127,542,338.76, below the average of $2,604,730,003.57. Kiribati is ranked 73 out of 171 countries in this attribute.

4. Net primary income (BoP, current US$): Kiribati's net primary income is $155,564,439.58, surpassing the average of -$903,807,529.74. Kiribati is ranked 33 out of 170 countries in this attribute.

5. Net secondary income (BoP, current US$): Kiribati's net secondary income is $43,256,472.20, higher than the average of -$269,227,340.40. Kiribati is ranked 112 out of 170 countries in this attribute.

6. Net trade in goods (BoP, current US$): Kiribati's net trade in goods is -$98,310,400.33, below the average of $1,302,831,005.68. Kiribati is ranked 71 out of 171 countries in this attribute.

7. Net capital account (BoP, current US$): Kiribati's net capital account is $6,954,628.02, lower than the average of $136,543,824.05. Kiribati is ranked 110 out of 159 countries in this attribute.

8. Net financial account (BoP, current US$): Kiribati's net financial account is $85,481,281.61, above the average of -$469,840,994.63. Kiribati is ranked 67 out of 170 countries in this attribute.

Summary

Kiribati's key macroeconomic indicators reveal a strong current account balance as a percentage of its GDP, ranking first out of 170 countries. However, its net trade in goods and services and net trade in goods are below average, indicating a trade deficit. The positive net primary income showcases Kiribati's earnings from foreign investments. These statistics are crucial as they reflect Kiribati's economic health, trade position, and ability to attract investments, highlighting areas for potential policy adjustments and economic diversification.

Broad Export Attributes

1. Kiribati's exports of goods, services and primary income amount to $179,421,690.23, which is significantly below the average of $146,238,908,936.30. With a rank of 163 out of 170 countries, Kiribati is positioned lower than most in this aspect.

2. The country's exports of goods and services total $21,227,822.97, much lower than the average of $122,938,540,059.78. Kiribati ranks 169th out of 170 countries in this category.

3. Kiribati's goods exports amount to $9,672,648.56, which is well below the average of $93,310,581,697.39. The country ranks 169th out of 171 countries for this attribute.

4. Exports of goods and services as a percentage of GDP for Kiribati stand at 12.02%, lower than the average of 38.19%. The country ranks 149th out of 163 countries in this aspect.

5. Kiribati's exports of goods and services in current US dollars reach $21,333,920.59, significantly below the average of $129,596,864,610.19. The country ranks 163rd out of 163 countries included in this data set.

6. The country's ICT goods exports as a percentage of total goods exports are at 0.19%, far below the average of 3.81%. Kiribati ranks 97th out of 142 countries for this attribute.

Summary

Kiribati's export performance across various indicators is consistently below global averages, positioning the country among the lowest in terms of exports of goods, services, and primary income. This is significant as it indicates a lack of competitiveness and diversification in the country's economy, potentially hindering its ability to generate foreign exchange, create jobs, and drive economic growth.

Merchandise Exports

For Merchandise exports (current US$), Kiribati's value of $9,000,000 is significantly below the average of $89,542,711,229.95. This places Kiribati at a low rank of 186 out of 187 countries.

Agricultural raw materials exports (% of merchandise exports) in Kiribati are very low at 0.00003236%, far below the average of 2.97%. Kiribati ranks 151 out of 151 countries in this aspect.

Food exports (% of merchandise exports) dominate Kiribati's export profile at 84.12%, much higher than the average of 24.06%. This places Kiribati at a strong rank of 6 out of 152 countries.

Kiribati's Fuel exports (% of merchandise exports) account for 3.40% of its exports, lower than the average of 13.70%. In this category, Kiribati ranks 73 out of 147 countries.

With Ores and metals exports (% of merchandise exports) at 0.45%, Kiribati lags behind the average of 9.10%. Kiribati ranks 136 out of 152 countries in this attribute.

Summary

Kiribati is heavily reliant on food exports, which dominate its export profile at 84.12%, far above the global average. This indicates a lack of export diversification and potential vulnerability to fluctuations in food market prices. Additionally, Kiribati's low rankings in other export categories such as agricultural raw materials, ores, and metals highlight the limited export potential in these sectors, posing challenges for the country's economic development and resilience.

Technology Exports

For Manufactures exports (% of merchandise exports), Kiribati's value of 11.78% is significantly below the attribute average of 42.62%. This places Kiribati at a rank of 119 out of 152 countries provided in the data set.

Regarding High-technology exports (current US$), Kiribati's value of $83,778 is notably below the attribute average of $16,655,934,078.80. Kiribati ranks 146 out of 151 countries in this data set.

In terms of High-technology exports (% of manufactured exports), Kiribati's value of 7.67% is slightly below the attribute average of 10.15%. The country ranks 66 out of 150 countries captured in the dataset.

Summary

Kiribati exhibits relatively low levels of Manufactures exports, High-technology exports in terms of both absolute value and as a percentage of manufactured exports compared to global averages and rankings. These indicators highlight Kiribati's limited integration into global manufacturing and high-tech sectors, potentially signaling challenges in diversifying its economy, expanding trade opportunities, and advancing technological capabilities.

Service Exports

Service exports for Kiribati amount to $11,555,174.41. This is significantly below the average of $28,917,292,503.82, placing Kiribati at rank 169 out of 171 countries in the dataset.

Communications, computer, etc. contribute to 93.87% of Kiribati's service exports, well above the average of 45.85%. This high specialization ranks Kiribati at 2 out of 169 countries.

Transport services represent only 0.85% of Kiribati's service exports, much lower than the average of 21.80%. Kiribati ranks 164th out of 169 countries in this category.

Travel services account for 0.27% of Kiribati's service exports, significantly lower than the average of 26.40%. Kiribati's rank is 167 out of 167 countries.

Insurance and financial services make up 5.01% of Kiribati's service exports, slightly below the average of 6.46%. Kiribati ranks 63rd out of 161 countries for this attribute.

Summary

Kiribati's service exports are significantly below the global average, ranking 169 out of 171 countries. Despite this, Kiribati shows high specialization in communications, computer, etc. services, ranking 2nd globally in this category. However, its low representation in transport and travel services highlights a potential area for diversification and growth. Additionally, Kiribati's performance in insurance and financial services falls slightly below the average, indicating room for improvement and further development in this sector.

These findings are crucial as they provide insights into Kiribati's economic strengths and weaknesses in the global market. By understanding its specialization and underrepresentation in different service export categories, Kiribati can strategize to capitalize on its strengths, address weaknesses, and leverage opportunities for diversification and increased competitiveness in the international market.

Commercial Service Exports

For Commercial Service Exports (current US$), Kiribati's value of $1,344,673.41 is significantly below the average of $28,508,218,402.80, ranking 170th out of 171 countries.

In terms of Travel Services (% of commercial service exports), Kiribati's percentage of 2.34% is below the average of 27.89%. The country ranks 159th out of 167 countries in this category.

Kiribati excels in Computer, Communications, and Other Services (% of commercial service exports) with a percentage of 47.32%, surpassing the average of 42.44%. This places Kiribati at the 77th rank out of 169 countries.

For Insurance and Financial Services (% of commercial service exports), Kiribati's value of 43.02% is significantly higher than the average of 6.97%. The country ranks 3rd out of 161 countries in this attribute.

Regarding Transport Services (% of commercial service exports), Kiribati's percentage of 7.31% falls below the average of 23.37%. The country ranks 135th out of 169 countries.

Summary

Broad Import Attributes

1. Imports of goods and services (current US$): Kiribati's value of $147,961,062.15 is below the average of $126,191,355,599.06. Kiribati is ranked 162 out of 163 countries in this dataset.

2. Imports of goods and services (% of GDP): Kiribati's value of 83.33% is above the average of 44.15%. Kiribati is ranked 12 out of 163 countries in this dataset.

3. ICT goods imports (% total goods imports): Kiribati's value of 3.85% is below the average of 6.85%. Kiribati is ranked 103 out of 143 countries in this dataset.

4. Goods imports (BoP, current US$): Kiribati's value of $107,983,048.89 is below the average of $92,007,788,027.17. Kiribati is ranked 169 out of 171 countries in this dataset.

5. Imports of goods and services (BoP, current US$): Kiribati's value of $148,770,161.73 is below the average of $120,321,577,988.12. Kiribati is ranked 168 out of 170 countries in this dataset.

6. Imports of goods, services and primary income (BoP, current US$): Kiribati's value of $151,399,589.41 is below the average of $144,514,428,722.28. Kiribati is ranked 169 out of 170 countries in this dataset.

Summary

Kiribati's imports of goods and services, both in absolute value and as a percentage of GDP, are significantly above average compared to other countries in the dataset. Additionally, Kiribati's imports of ICT goods are below average. The country ranks quite low in terms of goods imports based on Balance of Payments (BoP) values. These indicators highlight Kiribati's heavy reliance on imports for its economy and the need for strategies to potentially diversify its import sources or enhance domestic production capabilities.

Merchandise Imports

Merchandise imports in Kiribati amount to 133 million USD, significantly below the average of approximately 89.4 billion USD, ranking 187th out of 190 countries.

Manufactures imports constitute 39.19% of Kiribati's merchandise imports, below the average of 66.76%, placing Kiribati at the 152nd rank out of 152 countries.

Agricultural raw materials imports represent 1.65% of Kiribati's merchandise imports, higher than the average of 1.27%, placing Kiribati 36th out of 152 countries.

Food imports constitute a significant 43.69% of Kiribati's merchandise imports, well above the average of 15.89%, ranking Kiribati 1st out of 152 countries.

Fuel imports make up 14.16% of Kiribati's merchandise imports, higher than the average of 11.38%, placing Kiribati 41st out of 152 countries.

Ores and metals imports account for only 0.76% of Kiribati's merchandise imports, significantly below the average of 2.57%, positioning Kiribati at the 126th rank out of 152 countries.

Merchandise imports by the reporting economy, residual, constitute 7.42% of Kiribati's total merchandise imports, significantly above the average of 2.51%, ranking Kiribati 16th out of 180 countries.

Summary

Kiribati heavily relies on food imports, making up a significant portion of its merchandise imports, ranking 1st out of 152 countries in this category. Additionally, the country has a notably high percentage of agricultural raw materials imports compared to the global average, ranking 36th out of 152 countries. These findings are crucial as they indicate Kiribati's vulnerability to external food supply disruptions and its dependence on imported agricultural raw materials for its economy.

Service Imports

1. Service imports (BoP, current US$): Kiribati's service imports amount to $40,787,112.84, significantly below the average of $27,615,356,170.47. Kiribati ranks 170th out of 171 countries in this attribute data.

2. Communications, computer, etc. (% of service imports, BoP): Kiribati's percentage of service imports in this category is 37.70%, slightly below the average of 44.40%. Kiribati ranks 107th out of 169 countries.

3. Transport services (% of service imports, BoP): Kiribati's allocation to transport services is 52.42%, higher than the average of 32.90%. Kiribati ranks 22nd out of 169 countries in this attribute.

4. Travel services (% of service imports, BoP): Kiribati's travel services constitute 7.81% of its service imports, lower than the average of 14.14%. The country ranks 110th out of 169 nations.

5. Insurance and financial services (% of service imports, BoP): Kiribati's inclusion of insurance and financial services is 2.06%, falling below the average of 8.53%. The country ranks 156th out of 169 countries in this attribute data.

Summary

Kiribati exhibits lower than average service imports, with a notable focus on transport services at 52.42% and a lower allocation towards communication and financial services. These indicators suggest a reliance on transport infrastructure and potential challenges in diversifying service imports to encompass a broader range of sectors. Addressing these disparities could enhance Kiribati's economic resilience and competitiveness in the global market.

Commercial Service Imports

1. Commercial service imports (current US$): Kiribati has a commercial service imports value of 27,277,053.08 which is significantly below the average of 27,102,746,128.60. With a rank of 170 out of 171 countries, Kiribati's performance in this attribute is one of the lowest.

2. Computer, communications and other services (% of commercial service imports): Kiribati's value of 6.85% is far below the average of 41.71%. Ranked 164 out of 169 countries, Kiribati's focus on this aspect is relatively limited compared to other nations.

3. Insurance and financial services (% of commercial service imports): At 3.09%, Kiribati's emphasis on insurance and financial services is below the average of 8.85%. With a rank of 140 out of 169 countries, there is room for growth in this area for Kiribati.

4. Transport services (% of commercial service imports): Kiribati excels in transport services, with a value of 78.38% which is well above the average of 34.71%. Ranked 7 out of 169 countries, Kiribati stands out for its focus on this critical aspect of commercial services.

5. Travel services (% of commercial service imports): Kiribati's emphasis on travel services is below average at 11.68% compared to 14.73%. With a rank of 81 out of 169 countries, there is potential for Kiribati to enhance its focus on travel services to align more closely with global averages.

Summary

Kiribati's commercial service imports performance is generally below average across key indicators such as computer, communications, and other services, insurance and financial services. However, the country excels in transport services, outperforming the global average significantly. Enhancing focus on areas like insurance, financial services, and travel services could potentially boost Kiribati's overall commercial service imports and contribute to its economic development.

Infrastructure

For Air transport, registered carrier departures worldwide, Kiribati had a value of 3751.74, which is significantly below the attribute average of 134365.61. Kiribati ranked 110 out of 149 countries included in the data for this attribute.

Regarding Air transport, passengers carried, Kiribati had a value of 56299.06, also notably below the attribute average of 11848242.70. In this aspect, Kiribati held the 128th rank out of 149 countries analyzed.

Summary

Kiribati's performance in air transport indicators, such as registered carrier departures and passengers carried, falls significantly below the global averages. With rankings of 110th and 128th out of 149 countries for these respective indicators, Kiribati showcases a limited presence in the international air transport market. This lack of connectivity could hinder the country's ability to attract foreign investment, tourism, and engage in global trade efficiently, impacting its economic development and integration into the global economy.

Information Technology Infrastructure

For Secure Internet servers, Kiribati has a value of 5, significantly below the average of 458,294. Kiribati ranks 189 out of 193 countries in this attribute data.

Regarding Secure Internet servers (per 1 million people), Kiribati has a value of 39.54, well below the average of 14,067. Kiribati ranks 154 out of 193 countries in this dataset.

When it comes to Individuals using the Internet (% of population), Kiribati's value of 45.15 is below the average of 64.77. Kiribati ranks 136 out of 180 countries in this metric.

Kiribati's Fixed broadband subscriptions stand at 185, significantly below the average of 6,591,956. Kiribati ranks 183 out of 185 countries in this dataset.

In terms of Mobile cellular subscriptions, Kiribati has 54,661 subscriptions, notably lower than the average of 42,526,464. Kiribati ranks 185 out of 193 countries in this attribute data.

Summary

Kiribati ranks considerably lower than the global average in key macroeconomic indicators related to internet access and technology adoption. This indicates a significant digital divide between Kiribati and other countries, potentially hampering its economic development and competitiveness in the global market. Improving access to secure internet servers, internet usage among individuals, and broadband subscriptions are crucial for Kiribati to bridge this gap, enhance its connectivity, and leverage the benefits of the digital economy for sustainable growth.

Energy Consumption

In Kiribati, renewable energy consumption accounts for 42.75% of total final energy consumption, which is higher than the global average of 32.18%. Kiribati ranks 59th out of 191 countries in this aspect. For CO2 emissions, Kiribati emits 56.9 kt, significantly below the average global emissions of 171895.94 kt. This places Kiribati at the 186th position out of 188 countries in terms of CO2 emissions.

Summary

Kiribati excels in renewable energy consumption, surpassing the global average by 10.57%. Its low CO2 emissions, a fraction of the global average, position it near the bottom in emissions ranking. These indicators are crucial as they showcase Kiribati's commitment to sustainable energy practices and environmental stewardship, distinguishing it from many other nations grappling with higher emissions and reliance on non-renewable energy sources.

Government Balance Sheet

1. Kiribati's Net acquisition of financial assets is significantly higher than the average, ranking at 2 out of 87 countries. This indicates a strong ability to acquire financial assets relative to its GDP.

2. The country falls below the average in Net incurrence of liabilities as it stands at -1.32% of GDP, showing responsible liability management. Kiribati ranks 90 out of 92 countries in this aspect.

3. Kiribati's Reserves and related items amount to $65,581,217.73, notably lower than the average of approximately $1,924,407,186.58. The country ranks 80 out of 171 countries in terms of these reserves.

Summary

Kiribati demonstrates strong capabilities in acquiring financial assets, surpassing the average and ranking 2nd out of 87 countries. This indicates a sound financial strategy and potential for future investments. Additionally, the country effectively manages its liabilities, ranking 90th out of 92 countries, showcasing responsible financial practices. However, Kiribati holds reserves significantly lower than the global average, standing at $65,581,217.73, which may indicate vulnerability in times of economic instability and the need to bolster its reserve holdings.

Government Revenue

Revenue, excluding grants (% of GDP): Kiribati's value of 110.78% is significantly above the average of 27.02%. This places Kiribati at rank 2 out of 122 countries in the dataset.

Grants and other revenue (% of revenue): Kiribati's value of 79.57% is notably higher than the average of 23.54%. This ranks Kiribati at 2 out of 108 countries.

Taxes on goods and services (% of revenue): Kiribati's value of 12.36% is below the average of 31.82%. This places Kiribati at rank 114 out of 122 countries.

Taxes on international trade (% of revenue): Kiribati's value of 1.54% is lower than the average of 6.24%. This ranks Kiribati at 75 out of 101 countries.

Taxes on income, profits and capital gains (% of revenue): Kiribati's value of 6.53% is below the average of 24.66%. This places Kiribati at rank 112 out of 119 countries.

Summary

Kiribati demonstrates a unique fiscal structure compared to global averages. The country relies heavily on revenue, excluding grants, which is significantly above the average, indicating a potential dependence on external sources. However, its low reliance on taxes on goods and services, international trade, and income suggests a narrow tax base that may impact long-term sustainability and economic stability.

Taxes

1. Tax revenue (% of GDP): Kiribati's tax revenue as a percentage of GDP is 26.78%, which is higher than the average of 16.72%. This places Kiribati at rank 6 out of 123 countries.

2. Customs and other import duties (% of tax revenue): Kiribati's customs and import duties as a percentage of tax revenue is 7.54%, below the average of 9.01%. Kiribati is ranked 40 out of 99 countries in this aspect.

3. Taxes on income, profits and capital gains (% of total taxes): Kiribati's taxes on income, profits, and capital gains account for 31.94% of total taxes, lower than the average of 38.40%. Kiribati ranks 79 out of 120 countries in this category.

Summary

Kiribati's tax revenue as a percentage of GDP is higher than the global average, ranking the country at 6th out of 123 countries. However, its reliance on customs and import duties as a percentage of tax revenue is below average, placing it at 40th out of 99 countries. Additionally, Kiribati's taxes on income, profits, and capital gains constitute a lower proportion of total taxes compared to the average, positioning it at 79th out of 120 countries in this regard.

These findings are crucial as they indicate Kiribati's fiscal policy effectiveness, economic structure, and reliance on different revenue sources. A high tax revenue to GDP ratio can showcase a robust tax collection system, while a lower proportion of income-related taxes may impact income distribution and economic incentives within the country.

Government Expenses

Expense (% of GDP): Kiribati's expense as a percentage of GDP is extremely high at 94.52%, well above the average of 31.69%. This places Kiribati at the 2nd rank out of 123 countries in the dataset.

Compensation of employees (% of expense): Kiribati's percentage of expense allocated to employee compensation is 33.72%, above the average of 24.70%. This places Kiribati at the 31st rank out of 123 countries.

Goods and services expense (% of expense): Kiribati allocates 34.75% of its expenses to goods and services, significantly higher than the average of 14.77%. This places Kiribati at the 8th rank out of 122 countries.

Other expense (% of expense): Kiribati's allocation to other expenses is 2.70%, below the average of 8.29%. This places Kiribati at the 102nd rank out of 120 countries.

Subsidies and other transfers (% of expense): Kiribati spends 28.83% on subsidies and other transfers, lower than the average of 43.29%. This places Kiribati at the 89th rank out of 121 countries.

Summary

Kiribati devotes a substantial portion of its GDP to expenses, with a high percentage going towards goods and services as well as employee compensation. However, the country's allocation towards other expenses and subsidies is relatively low compared to the averages. These statistics are crucial for understanding Kiribati's fiscal management, priority areas of spending, and potential areas for optimization or reallocation of resources to ensure sustainable economic growth and development.

Top Stats

Ranks in Top Decile For:

Attribute	Rank/Total
Agriculture, forestry, and fishing, value added (% of GDP)	17/182
Final consumption expenditure (% of GDP)	1/159
General government final consumption expenditure (% of GDP)	1/158
Households and NPISHs final consumption expenditure (% of GDP)	14/158
Current account balance (% of GDP)	1/170
Food exports (% of merchandise exports)	6/152
Communications, computer, etc. (% of service exports, BoP)	2/169
Insurance and financial services (% of commercial service exports)	3/161
Imports of goods and services (% of GDP)	12/163
Food imports (% of merchandise imports)	1/152
Merchandise imports by the reporting economy, residual (% of total merchandise imports)	16/180
Transport services (% of commercial service imports)	7/169
Net acquisition of financial assets (% of GDP)	2/87
Revenue, excluding grants (% of GDP)	2/122
Grants and other revenue (% of revenue)	2/108
Tax revenue (% of GDP)	6/123
Expense (% of GDP)	2/123
Goods and services expense (% of expense)	8/122

Ranks in Bottom Decile For:

Attribute	Rank/Total
Population, total	176/194
Population ages 0-14, total	175/194
Population ages 15-64, total	177/194
Population ages 65 and above, total	189/194
Rural population	175/190
Forest area (sq. km)	184/191
Arable land (hectares)	180/190
Aquaculture production (metric tons)	176/180
Fertilizer consumption (kilograms per hectare of arable land)	178/187
Scientific and technical journal articles	186/192
GDP (current US$)	187/189
GDP, PPP (current international $)	179/181
GDP per capita, PPP (current international $)	169/181
GNI (current US$)	181/185
GNI, PPP (current international $)	176/181
Gross value added at basic prices (GVA) (current US$)	176/176
Agriculture, forestry, and fishing, value added (current US$)	175/182
Services, value added (current US$)	183/183
Industry (including construction), value added (current US$)	183/183
Manufacturing, value added (current US$)	170/173
Final consumption expenditure (current US$)	159/159
General government final consumption expenditure (current US$)	157/158
Household and NPISHs Final consumption expenditure (current US$)	158/158
External balance on goods and services (% of GDP)	163/163
Exports of goods, services and primary income (BoP, current US$)	163/170
Exports of goods and services (BoP, current US$)	169/170
Exports of goods and services (current US$)	163/163
Exports of goods and services (% of GDP)	149/163
Goods exports (BoP, current US$)	169/171
Merchandise exports (current US$)	186/187
Agricultural raw materials exports (% of merchandise exports)	151/151
High-technology exports (current US$)	146/151
Service exports (BoP, current US$)	169/171
Transport services (% of service exports, BoP)	164/169
Travel services (% of service exports, BoP)	167/167
Commercial service exports (current US$)	170/171
Travel services (% of commercial service exports)	159/167
Imports of goods and services (current US$)	162/163
Goods imports (BoP, current US$)	169/171
Imports of goods and services (BoP, current US$)	168/170
Imports of goods, services and primary income (BoP, current US$)	169/170
Merchandise imports (current US$)	187/190
Manufactures imports (% of merchandise imports)	152/152
Service imports (BoP, current US$)	170/171
Insurance and financial services (% of service imports, BoP)	156/169
Commercial service imports (current US$)	170/171
Computer, communications and other services (% of commercial service imports)	164/169
Secure Internet servers	189/193
Fixed broadband subscriptions	183/185
Mobile cellular subscriptions	185/193
CO2 emissions (kt)	186/188
Net incurrence of liabilities, total (% of GDP)	90/92
Taxes on goods and services (% of revenue)	114/122
Taxes on income, profits and capital gains (% of revenue)	112/119