Trade balance — all countries

Trade balance — Kiribati

Trade balance in Kiribati in 2024 — -319,402,136 US$. Ranked 83 in the world out of 171. Since 1972, the indicator has fallen by 35,995.1%.

2024 -319M US$ −15.56% vs 2023
World rank 83of 171
Period maximum 39.05M US$1974
Period minimum -319M US$2024

Trend over time

1972–2024 · US$

Trade balance — Kiribati, 1972–2024-400M-300M-200M-100M0100M19721978198419901996200220082014202020241972: 889,820 US$1973: 4,217,435 US$1974: 39,049,519 US$1975: 21,916,004 US$1976: 8,509,271 US$1977: 6,819,505 US$1978: 3,934,029 US$1979: 720,960 US$1980: -667,731 US$1981: -18,112,098 US$1982: -15,981,940 US$1983: -12,086,540 US$1984: -4,947,918 US$1985: -5,425,901 US$1986: -3,403,178 US$1987: -27,100,555 US$1988: -27,140,307 US$1989: -29,608,348 US$1990: -38,825,408 US$1991: -34,788,698 US$1992: -48,795,577 US$1993: -38,841,462 US$1994: -34,472,722 US$1995: -46,893,738 US$1996: -52,229,386 US$1997: -48,559,130 US$1998: -41,204,138 US$1999: -52,118,391 US$2000: -54,281,850 US$2001: -51,705,663 US$2002: -65,387,927 US$2003: -68,486,699 US$2004: -80,225,218 US$2005: -108,553,135 US$2006: -82,729,694 US$2007: -90,093,149 US$2008: -98,821,569 US$2009: -97,231,141 US$2010: -103,518,569 US$2011: -131,487,844 US$2012: -146,136,834 US$2013: -150,998,076 US$2014: -160,475,156 US$2015: -157,029,277 US$2016: -161,117,636 US$2017: -165,036,428 US$2018: -152,403,520 US$2019: -148,307,847 US$2020: -127,160,503 US$2021: -191,010,307 US$2022: -249,723,488 US$2023: -276,383,647 US$2024: -319,402,136 US$
Change over the period: −320M (−35,995.13%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kiribati

Kiribati -319M US$
World computed 863B US$
East Asia & Pacific computed 890B US$
Micronesia (subregion) computed -912M US$
Lower-middle-income countries computed -351B US$
Trade balance — Kiribati, by year Kiribati All countries CSV XLSX
Year US$ Change Change, %
2024 -319M −43.02M −15.56%
2023 -276M −26.66M −10.68%
2022 -250M −58.71M −30.74%
2021 -191M −63.85M −50.21%
2020 -127M +21.15M +14.26%
2019 -148M +4.1M +2.69%
2018 -152M +12.63M +7.65%
2017 -165M −3.92M −2.43%
2016 -161M −4.09M −2.6%
2015 -157M +3.45M +2.15%
2014 -160M −9.48M −6.28%
2013 -151M −4.86M −3.33%
2012 -146M −14.65M −11.14%
2011 -131M −27.97M −27.02%
2010 -104M −6.29M −6.47%
2009 -97.23M +1.59M +1.61%
2008 -98.82M −8.73M −9.69%
2007 -90.09M −7.36M −8.9%
2006 -82.73M +25.82M +23.79%
2005 -109M −28.33M −35.31%
2004 -80.23M −11.74M −17.14%
2003 -68.49M −3.1M −4.74%
2002 -65.39M −13.68M −26.46%
2001 -51.71M +2.58M +4.75%
2000 -54.28M −2.16M −4.15%
1999 -52.12M −10.91M −26.49%
1998 -41.2M +7.35M +15.15%
1997 -48.56M +3.67M +7.03%
1996 -52.23M −5.34M −11.38%
1995 -46.89M −12.42M −36.03%
1994 -34.47M +4.37M +11.25%
1993 -38.84M +9.95M +20.4%
1992 -48.8M −14.01M −40.26%
1991 -34.79M +4.04M +10.4%
1990 -38.83M −9.22M −31.13%
1989 -29.61M −2.47M −9.09%
1988 -27.14M −39,752 −0.15%
1987 -27.1M −23.7M −696.33%
1986 -3.4M +2.02M +37.28%
1985 -5.43M −477,983 −9.66%
1984 -4.95M +7.14M +59.06%
1983 -12.09M +3.9M +24.37%
1982 -15.98M +2.13M +11.76%
1981 -18.11M −17.44M −2,612.48%
1980 -667,731 −1.39M −192.62%
1979 720,960 −3.21M −81.67%
1978 3.93M −2.89M −42.31%
1977 6.82M −1.69M −19.86%
1976 8.51M −13.41M −61.17%
1975 21.92M −17.13M −43.88%
1974 39.05M +34.83M +825.91%
1973 4.22M +3.33M +373.96%
1972 889,820

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.