National Accounts: Gross Domestic Product for Kiribati
KIRNGDPDUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
230,112,005.50
Year-over-Year Change
28.95%
Date Range
1/1/2016 - 1/1/2024
Summary
The National Accounts: Gross Domestic Product for Kiribati trend measures the total value of all goods and services produced within Kiribati. It is a key indicator of the country's economic activity and performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the broadest measure of Kiribati's economic output. GDP is widely used by economists, policymakers, and analysts to assess a country's economic health, make comparisons, and inform policy decisions.
Methodology
The GDP data for Kiribati is collected and calculated by the country's national statistical agency.
Historical Context
Trends in Kiribati's GDP are closely watched by international organizations, investors, and economists to understand the Pacific island nation's economic development and prospects.
Key Facts
- Kiribati is a small island country in the central Pacific Ocean.
- Agriculture and fishing are major components of Kiribati's economy.
- GDP per capita in Kiribati is one of the lowest in the world.
FAQs
Q: What does this economic trend measure?
A: The National Accounts: Gross Domestic Product for Kiribati measures the total value of all goods and services produced within the country over a specific time period.
Q: Why is this trend relevant for users or analysts?
A: GDP is a fundamental indicator of a country's economic performance and is widely used by economists, policymakers, and investors to assess economic health, make comparisons, and inform policy decisions.
Q: How is this data collected or calculated?
A: The GDP data for Kiribati is collected and calculated by the country's national statistical agency.
Q: How is this trend used in economic policy?
A: Trends in Kiribati's GDP are closely monitored by international organizations, investors, and economists to understand the country's economic development and prospects, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in the release of GDP data for Kiribati, and the reliability of the data may be limited due to the small size and remote location of the country.
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KIRFCSODCHGGDPPT
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POPTOTKI52647NWDB
Number of Identified Exporters to Kiribati from Oklahoma
OKKIRA475SCEN
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Kiribati
DDOI09KIA156NWDB
Value of Exports to Kiribati from Mississippi
MSKIRA052SCEN
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Kiribati
KIRFCBODCKNUM
Citation
U.S. Federal Reserve, National Accounts: Gross Domestic Product for Kiribati (KIRNGDPDUSD), retrieved from FRED.