Kiribati: Savings, percent of GDP
* indicates monthly or quarterly data series
| Kiribati |
Savings as percent of GDP |
|---|---|
| Latest value | 12.85 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2006 - 2024 |
| Average | 28.45 |
| Min - Max | 2.63 - 65.84 |
| Source | The World Bank |
The latest value from 2024 is 12.85 percent, a decline from 16.84 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Kiribati from 2006 to 2024 is 28.45 percent. The minimum value, 2.63 percent, was reached in 2006 while the maximum of 65.84 percent was recorded in 2015.
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* indicates monthly or quarterly data series
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The savings in Kiribati and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 11.78 | 2024 | percent |
| Share of manufacturing | 4.24 | 2024 | percent |
| Share of services | 70.28 | 2024 | percent |
| Industry value added | 0.04 | 2024 | billion U.S. dollars |
| Manufacturing value added | 0.01 | 2024 | billion U.S. dollars |
| Services value added | 0.24 | 2024 | billion U.S. dollars |
| Savings, percent of GDP | 12.85 | 2024 | percent |
| Savings, in dollars | 0.09 | 2023 | billion U.S. dollars |