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Kiribati Trade (% GDP)

Kiribati's trade (% GDP) fell to 101.15% in 2024, down from 107.59% in 2023, according to World Bank. This represents a decrease of 6.44% from the previous year. Kiribati has trade (% GDP) higher than the global median (101.15% vs median 84.49%). Compared with the median in Oceania, Kiribati is higher (101.15% vs regional median 87.74%) and ranks 5th out of 17 countries in Oceania.

Yearly Historical Data (1972-2024)

(in %)
Year Trade (% GDP)
2024 101.15%
2023 107.59%
2022 108.14%
2021 74.52%
2020 76.71%
2019 96.59%
2018 81.12%
2017 100.56%
2016 111.27%
2015 109.89%
2014 104.19%
2013 96.78%
2012 96.13%
2011 93.43%
2010 85.7%
2009 97.64%
2008 95.44%
2007 96.16%
2006 94.05%
2005 123.59%
2004 101.36%
2003 103.93%
2002 125.63%
2001 110.78%
2000 94.17%
1999 100.62%
1998 85.01%
1997 93.82%
1996 86.68%
1995 101.96%
1994 82.95%
1993 98.16%
1992 111.77%
1991 134.21%
1990 151.07%
1989 130.52%
1988 122.04%
1987 159.22%
1986 91.57%
1985 92.87%
1984 112.25%
1983 107.35%
1982 115.39%
1981 122.87%
1980 113.3%
1979 149.46%
1978 125.01%
1977 116.23%
1976 113.89%
1975 117.98%
1974 115.24%
1973 113.64%
1972 103.25%
Kiribati Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Kiribati divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $8.86M $9.27M 2021
Annual Imports $173.83M $108.95M 2021
Exports (% GDP) 6.27% 5.92% 2024
FDI Inflows (% GDP) 1.77% 1.58% 2023
Imports (% GDP) 94.88% 101.67% 2024
Net Trade (Goods & Services, BoP) -$276.53M -$251.42M 2023