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Kiribati: Exports of goods and services (% of GDP)

In , Kiribati's Exports of goods and services (% of GDP) was 5.92.

That's down 22.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 44.26 .

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2023

Trend (2005–2023)

Kiribati Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
16.62
Trough
3.77
1-year change
-22.2%
5-year change
-34.6%
-8.1% / yr
10-year change
-46.0%
-6.0% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
5.9202
7.6048
3.7702
10.4200
14.9824
9.0507
13.2563
16.6173
13.9575
12.0328

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Kiribati's Exports of goods and services (% of GDP) in 2023?
In 2023, Kiribati's Exports of goods and services (% of GDP) was 5.92, according to World Bank Open Data.
Is Kiribati's Exports of goods and services (% of GDP) rising or falling?
Kiribati's Exports of goods and services (% of GDP) fell 22.2% from 2022 to 2023.
How does Kiribati's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2023 was 44.26, so Kiribati is below the world average.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.