Kiribati

Economic Growth

-1.95
the rate of change of real GDP
Dec 71Dec 74Dec 77Dec 80Dec 83Dec 86Dec 89Dec 92Dec 95Dec 98Dec 01Dec 04Dec 07Dec 10Dec 13Dec 16Dec 20-50.000-25.0000.00025.0050.00
  • Kiribati
  • Global Median
Source: IMF

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING