Current Account Balance in Kiribati
In the year 2023, the current account balance in Kiribati was -1.78%, compared to -5.07% in 2013 and -12.08% in 2022. It averaged 17.42% over the last decade. For more current account information, visit our dedicated page.
Kiribati Current Account Chart
Note: This chart displays Current Account (% of GDP) for Kiribati from 2022 to 2019.
Source: Macrobond.
Kiribati Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | 40.0 | 32.1 | 7.1 | -12.1 | -1.8 |
| Current Account Balance (USD bn) | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects I-Kiribati current account projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for I-Kiribati current account.
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