Trade openness — all countries

Trade openness — Kiribati

Trade openness in Kiribati in 2024 — 102.11%. Ranked 58 in the world out of 172. Since 1972, the indicator has fallen by 1.14 pp.

2024 102.11% −4.37 pp vs 2023
World rank 58of 172
Period maximum 159.22%1987
Period minimum 74.45%2021

Trend over time

1972–2024 · % of GDP

Trade openness — Kiribati, 1972–2024507510012515017519721978198419901996200220082014202020241972: 103.25%1973: 113.64%1974: 115.24%1975: 117.98%1976: 113.89%1977: 116.23%1978: 125.01%1979: 149.46%1980: 113.3%1981: 122.87%1982: 115.39%1983: 107.35%1984: 112.25%1985: 92.87%1986: 91.57%1987: 159.22%1988: 122.04%1989: 130.52%1990: 151.07%1991: 134.21%1992: 111.77%1993: 98.16%1994: 82.95%1995: 101.96%1996: 86.68%1997: 93.82%1998: 85.01%1999: 100.62%2000: 94.17%2001: 110.78%2002: 125.63%2003: 103.93%2004: 101.36%2005: 123.59%2006: 94.05%2007: 96.16%2008: 95.44%2009: 97.64%2010: 85.7%2011: 93.43%2012: 96.13%2013: 96.78%2014: 104.19%2015: 109.89%2016: 111.27%2017: 100.49%2018: 83.24%2019: 98.36%2020: 78.4%2021: 74.45%2022: 107.22%2023: 106.48%2024: 102.11%
Change over the period: −1.14 pp Annual average: -0.02 pp

Comparison, 2024

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

Kiribati 102.11%
World 56.72%
Micronesia (subregion) computed 110.16%
Trade openness — Kiribati, by year Kiribati All countries CSV XLSX
Year % Change, pp
2024 102.11 −4.37 pp
2023 106.48 −0.74 pp
2022 107.22 +32.77 pp
2021 74.45 −3.95 pp
2020 78.4 −19.96 pp
2019 98.36 +15.11 pp
2018 83.24 −17.25 pp
2017 100.49 −10.78 pp
2016 111.27 +1.38 pp
2015 109.89 +5.7 pp
2014 104.19 +7.41 pp
2013 96.78 +0.65 pp
2012 96.13 +2.7 pp
2011 93.43 +7.73 pp
2010 85.7 −11.94 pp
2009 97.64 +2.19 pp
2008 95.44 −0.72 pp
2007 96.16 +2.11 pp
2006 94.05 −29.55 pp
2005 123.59 +22.23 pp
2004 101.36 −2.57 pp
2003 103.93 −21.7 pp
2002 125.63 +14.84 pp
2001 110.78 +16.62 pp
2000 94.17 −6.45 pp
1999 100.62 +15.6 pp
1998 85.01 −8.8 pp
1997 93.82 +7.13 pp
1996 86.68 −15.27 pp
1995 101.96 +19.01 pp
1994 82.95 −15.21 pp
1993 98.16 −13.61 pp
1992 111.77 −22.44 pp
1991 134.21 −16.86 pp
1990 151.07 +20.56 pp
1989 130.52 +8.48 pp
1988 122.04 −37.18 pp
1987 159.22 +67.65 pp
1986 91.57 −1.3 pp
1985 92.87 −19.39 pp
1984 112.25 +4.91 pp
1983 107.35 −8.04 pp
1982 115.39 −7.48 pp
1981 122.87 +9.57 pp
1980 113.3 −36.16 pp
1979 149.46 +24.45 pp
1978 125.01 +8.78 pp
1977 116.23 +2.35 pp
1976 113.89 −4.09 pp
1975 117.98 +2.74 pp
1974 115.24 +1.61 pp
1973 113.64 +10.39 pp
1972 103.25

Micronesia, 2024

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

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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