Gross National Income for Kiribati
MKTGNIKIA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
497,916,646.22
Year-over-Year Change
63.38%
Date Range
1/1/1978 - 1/1/2024
Summary
Gross National Income (GNI) for Kiribati measures the total income earned by a country's citizens and businesses, both within the country and abroad. It is a key indicator of a nation's economic health and living standards.
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
GNI represents the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output, plus net receipts of primary income from abroad. Analyzing GNI trends helps economists and policymakers assess a country's economic progress and living standards.
Methodology
The World Bank collects and publishes Kiribati's GNI data using national accounts information.
Historical Context
Monitoring Kiribati's GNI is important for international development institutions and foreign investors to gauge the overall economic landscape.
Key Facts
- Kiribati is a Pacific island nation.
- GNI per capita in Kiribati was $3,170 in 2020.
- Fishing and tourism are key industries in Kiribati.
FAQs
Q: What does this economic trend measure?
A: The Gross National Income (GNI) for Kiribati measures the total income earned by the country's citizens and businesses, both within Kiribati and abroad.
Q: Why is this trend relevant for users or analysts?
A: Analyzing Kiribati's GNI trend helps economists and policymakers assess the country's overall economic progress and living standards.
Q: How is this data collected or calculated?
A: The World Bank collects and publishes Kiribati's GNI data using national accounts information.
Q: How is this trend used in economic policy?
A: Monitoring Kiribati's GNI is important for international development institutions and foreign investors to gauge the overall economic landscape.
Q: Are there update delays or limitations?
A: The GNI data for Kiribati may have update delays depending on the availability of national accounts information.
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PRKIRA475SCEN
Value of Exports to Kiribati from New Jersey
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Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Kiribati
KIRFCNODCHANUM
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KIRFCDODCANUM
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Value of Exports to Kiribati from Connecticut
CTKIRA052SCEN
Citation
U.S. Federal Reserve, Gross National Income for Kiribati (MKTGNIKIA646NWDB), retrieved from FRED.