Kiribati: Imports of goods and services (% of GDP)
In , Kiribati's Imports of goods and services (% of GDP) was 101.68.
That's up 1.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 47.94 .
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2023
Trend (2005–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 109.45
- Trough
- 67.99
- 1-year change
- +1.6%
- 5-year change
- +36.8%
- +6.5% / yr
- 10-year change
- +18.5%
- +1.7% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 101.6836 | |
| 100.0811 | |
| 70.7303 | |
| 67.9852 | |
| 83.3316 | |
| 74.3157 | |
| 87.3049 | |
| 94.6525 | |
| 95.9317 | |
| 92.1552 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Kiribati's Imports of goods and services (% of GDP) in 2023?
- In 2023, Kiribati's Imports of goods and services (% of GDP) was 101.68, according to World Bank Open Data.
- Is Kiribati's Imports of goods and services (% of GDP) rising or falling?
- Kiribati's Imports of goods and services (% of GDP) rose 1.6% from 2022 to 2023.
- How does Kiribati's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2023 was 47.94, so Kiribati is above the world average.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.