Kiribati in the Lead
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🌍 Negligible Methane Emissions
Kiribati's methane emissions from transport were a mere 0.0001 Mt CO2e in 2023, showcasing its minimal contribution to global emissions.
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💸 Negative Net Liabilities
In 2023, Kiribati had a net incurrence of liabilities at -3.04% of GDP, indicating a reduction in national debt.
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💸 Highest Government Expenditure as a Percentage of GDP
In 2022, Kiribati's government expenditure accounted for 61.53% of its GDP, the highest in the world, reflecting a significant focus on public sector spending.
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🛍️ Top Global Final Consumption Expenditure
Kiribati leads the world with a final consumption expenditure of 162.39% of GDP in 2022, indicating a high level of consumption relative to its economic output.
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🏗️ Modest Capital Formation
Gross fixed capital formation in Kiribati was $51.66 million in 2022, reflecting moderate investment levels.
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💼 Service Sector Dominance
In 2022, the service sector contributed $177.39 million to Kiribati's economy, underscoring its economic importance.
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🏥 Minimal Out-of-Pocket Health Expenditure
In 2022, Kiribati's out-of-pocket health expenditure per capita was $1.71, indicating low personal healthcare costs.
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📚 High Government Expenditure on Education
In 2021, Kiribati allocated 14.20% of its GDP to education, showcasing a strong commitment to educational development.
Kiribati Following Behind
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📞 Sparse Telephone Subscriptions
With just 26 fixed telephone subscriptions in 2023, Kiribati has one of the lowest rates globally.
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📦 Low Export Capacity
In 2023, Kiribati's exports of goods and services were valued at $20.57 million, indicating limited export activity.
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📉 Significant External Balance Deficit
Kiribati had an external balance on goods and services of -85.01% of GDP in 2023, highlighting a substantial trade deficit.
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🚢 Negligible European Imports
In 2023, imports from Europe & Central Asia were just 0.003% of Kiribati's total merchandise imports, indicating limited trade with the region.
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💸 Negative Domestic Savings
In 2022, Kiribati's gross domestic savings were -62.39% of GDP, reflecting a lack of national savings.
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⚠️ High Mortality from Non-Communicable Diseases
With a mortality rate of 44.1% from diseases like CVD, cancer, and diabetes between ages 30 and 70 in 2021, Kiribati faces significant health challenges.
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💰 Low National Income
Kiribati's adjusted net national income was $359.69 million in 2021, indicating limited national wealth.
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🌾 Minimal Agricultural Exports
In 2021, agricultural raw materials made up only 0.0017% of Kiribati's merchandise exports, highlighting a limited agricultural export sector.
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🔍 High Youth Not in Education, Employment, or Training
In 2020, 53.67% of Kiribati's youth were not engaged in education, employment, or training, highlighting a critical area for policy intervention.
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🛬 Limited Tourism Receipts
In 2020, Kiribati earned $30,000 from international tourism, reflecting minimal tourism activity.
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📦 Negligible South Asian Exports
In 2019, exports to South Asia accounted for a mere 0.00003% of Kiribati's total merchandise exports, indicating minimal trade with the region.
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🤝 Reliant on Foreign Aid
In 2018, Kiribati received $9,999.99 in net bilateral aid from Sweden, highlighting its reliance on foreign assistance.
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🏢 Few New Businesses
Only 2 new businesses were registered in Kiribati in 2018, reflecting limited entrepreneurial activity.
