Kiribati's adjusted savings, net forest depletion (current US$) was US$90,059 in 2021, the latest year in the World Bank's World Development Indicators. That is down 32.28% from US$132,995 in 2011 (3.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$90,059 | 2021 |
| Five years earlier | US$147,460 | 2016 |
| Ten years earlier | US$132,995 | 2011 |
| Highest | US$174,928 | 2017 |
| Lowest | US$1,851 | 1971 |
| Average since 2012 | US$117,163 | 2012–2021 |
| First recorded | US$2,405 |
What the numbers say
In 2021, Kiribati's adjusted savings, net forest depletion (current US$) fell 12.7% on 2020 (from US$103,109 to US$90,059).
Across the 30 yearly changes before that (1991 to 2020), the average change was +11.2% and a typical year strayed about 31.7% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 172.4% in 1973 and the biggest yearly fall was 52.8% in 2018. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Kiribati had the 108th highest value of the 183 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Kiribati in the 2021 ranking
- Bahrain — 104th of 183: US$173,964
- Qatar — 105th of 183: US$118,807
- Liechtenstein — 106th of 183: US$102,891
- Micronesia, Fed. Sts. — 108th of 183: US$72,110
- Aruba — 109th of 183: US$64,588
- Turks and Caicos Islands — 110th of 183: US$30,821
What this measures
Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, net forest depletion (current US$) |
|---|---|
| 2021 | 90,059 |
| 2020 | 103,109 |
| 2019 | 76,052 |
| 2018 | 82,587 |
| 2017 | 174,928 |
| 2016 | 147,460 |
| 2015 | 124,786 |
| 2014 | 158,129 |
| 2013 | 102,795 |
| 2012 | 111,726 |
| 2011 |
Adjusted savings, net forest depletion (current US$) in nearby economies
- Australia — US$1.91 billion (2021)
- Brunei Darussalam — US$6.84 million (2021)
- Cambodia — US$0 (2021)
- China — US$0 (2021)
- Fiji — US$48.41 million (2021)
- French Polynesia — US$216,160 (2021)
- Indonesia — US$0 (2021)
- Japan — US$0 (2021)
- Korea, Dem. People's Rep. — US$0 (2021)
- Korea, Rep.
More economic policy & debt data for Kiribati
- Grants, excluding technical cooperation (BoP, current US$) — US$96.28 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$74.04 million (2023)
- Net official development assistance and official aid received (current US$) — US$98.32 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$98.32 million (2023)
- Net official development assistance received (current US$) — US$98.32 million (2023)
- Net official development assistance received (constant 2023 US$) — US$98.32 million (2023)
- Net ODA received per capita (current US$) — US$741.9 (2023)
- Technical cooperation grants (BoP, current US$)
Reading data like this
Questions people ask
- What is Kiribati's adjusted savings, net forest depletion (current US$)?
- US$90,059 in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 3,645% from US$2,405 in 1970 (7.36% a year on average, compounded). The highest value was US$174,928 in 2017 and the lowest US$1,851 in 1971.
- How does Kiribati rank?
- 108th highest of 183 economies with data for 2021.
- Is the latest change in adjusted savings, net forest depletion (current US$) unusual for Kiribati?
- In 2021, Kiribati's adjusted savings, net forest depletion (current US$) fell 12.7% on 2020 (from US$103,109 to US$90,059). Across the 30 yearly changes before that (1991 to 2020), the average change was +11.2% and a typical year strayed about 31.7% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DFOR.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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