Paying $1 every second would take 3 years to clear the balance.
DebtClock.io
National Debt of Kiribati
163,509,388 $
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
35.06%
Latest year: 2024
Debt (nominal)
163,509,388 $
AUD / USD toggle below
GDP (nominal)
466,383,492 $
Latest year: 2024
Population
119,446
Latest year: 2024
Interest per Year
4,905,282 $
≈ 0 $ / second
Debt per Citizen
1,369 $
Based on latest pop
Inflation (CPI, %)
9.28%
Year: 2023
GDP growth (%, real)
5.27%
Year: 2024
Unemployment (%)
-
Year: -
Budget balance (% GDP)
-1.45%
Year: 2023
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Budget balance (% of GDP)
Kiribati Economy Snapshot
The economy of Kiribati shows mixed signals, with a nominal GDP of 466.4 million $ and average income of about 3,905 $ per person. Elevated inflation at 9.28%, while the economy posted robust growth of 5.27%. The government runs a substantial 1.45% fiscal deficit. The current exchange rate is 0.66 USD/AUD.
| GDP (nominal) | 466,383,492 $ |
|---|---|
| GDP per capita | 3,905 $ |
| Inflation | 9.28% |
| GDP growth | 5.27% |
| Budget balance | -1.45% |
| FX (USD/AUD) | 0.66 |
Kiribati Economy Facts
Equivalent to 1 Falcon 9 rocket launches if you prefer space exploration.
Enough to purchase 1 Boeing 737 jets - a decent-sized airline fleet.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Nicaragua | 34.21% | $ 19.7B |
 Comoros | 34.79% | $ 1.5B |
| Kiribati | 35.06% | $ 0.3B |
 Samoa | 35.67% | $ 1.1B |
 Kazakhstan | 35.93% | $ 288.4B |