Kiribati's exports as a capacity to import (constant LCU) was 19.02 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 29.95% from 27.16 million in 2014 (3.5% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 19.02 million | 2024 |
| Five years earlier | 46.77 million | 2019 |
| Ten years earlier | 27.16 million | 2014 |
| Highest | 71.47 million | 1980 |
| Lowest | 13.68 million | 2021 |
| Average since 2015 | 30.78 million | 2015–2024 |
| First recorded | 71.47 million |
What the numbers say
In 2024, Kiribati's exports as a capacity to import (constant LCU) fell 10.9% on 2023 (from 21.34 million to 19.02 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +4.2% and a typical year strayed about 34.4% from that (the standard deviation). This year's change was 0.4 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 96.3% in 2022 and the biggest yearly fall was 58.1% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 2.64 million a year. A straight line explains 52% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Kiribati had the 29th highest value of the 29 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 2024 ranking
- Timor-Leste — 26th of 29: 154.99 million
- Marshall Islands — 27th of 29: 92.05 million
- Palau — 28th of 29: 81.97 million
What this measures
Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 45 values
| Year | Exports as a capacity to import (constant LCU) |
|---|---|
| 2024 | 19,023,526 |
| 2023 | 21,344,093 |
| 2022 | 26,852,434 |
| 2021 | 13,679,833 |
| 2020 | 32,613,721 |
| 2019 | 46,765,330 |
| 2018 | 27,774,031 |
| 2017 | 38,063,755 |
| 2016 | 45,734,213 |
| 2015 | 35,942,024 |
| 2014 |
Exports as a capacity to import (constant LCU) in nearby economies
- American Samoa — 373.96 million (2022)
- Australia — 638.32 billion (2025)
- Brunei Darussalam — 13.33 billion (2025)
- Cambodia — 118.84 trillion (2025)
- Guam — 464.01 million (2022)
- Hong Kong SAR, China — 6.19 trillion (2025)
- Indonesia — 3,012.27 trillion (2025)
- Japan — 93.13 trillion (2024)
- Korea, Rep. — 902.96 trillion (2025)
- Lao PDR
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 exports as a capacity to import (constant LCU)?
- 19.02 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is down 73.38% from 71.47 million in 1980 (2.96% a year on average, compounded). The highest value was 71.47 million in 1980 and the lowest 13.68 million in 2021.
- How does Kiribati rank?
- 29th highest of 29 economies with data for 2024.
- Is the latest change in exports as a capacity to import (constant LCU) unusual for Kiribati?
- In 2024, Kiribati's exports as a capacity to import (constant LCU) fell 10.9% on 2023 (from 21.34 million to 19.02 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +4.2% and a typical year strayed about 34.4% from that (the standard deviation). This year's change was 0.4 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.EXP.CAPM.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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