Key Economic Insights: The economy of Kiribati generates an estimated GDP of $349.2 million ($2,559 per capita) supporting a population of 136,488. Productive output is anchored by 70.3% services, 11.8% industry and manufacturing, and 23.2% agriculture and natural resource extraction. Key merchandise exports include fish, ships, coconut oil, copra, and raw sugar, directed primarily toward Thailand (55%), Philippines (15%), Japan (10%), Indonesia (8%), and South Korea (4%).
Kiribati, with a population of about 136,488 (As of 2025), is ranked among the world’s smaller nations by population. Located in the Pacific Ocean, it covers 810 square kilometers, ranking 167 in surface area, just below the Turks and Caicos Islands.
Kiribati had a GDP of about 349.2 million USD (As of 2025), placing it among the smallest economies in the world. Kiribati recorded a GDP per capita of approximately 2,558.7 USD (As of 2025), in line with its lower-middle-income status. Source: World Bank – Kiribati.
Despite facing economic challenges, Kiribati continues to strive for growth and development in various sectors to improve its economic position on the world stage.
Kiribati Economic Structure & Sector Analysis
| Economic Dimension | Figure | Authoritative Source |
|---|---|---|
| GDP & Macro Output | Nominal GDP: $349.2 million | Per Capita: $2,559 | World Bank WDI / IMF |
| Sector Breakdown | Services: 70.3% | Industry: 11.8% | Agriculture: 23.2% | World Bank National Accounts |
| Trade & Commodities | Top Exports: fish, ships, coconut oil, copra, and raw sugar | UN Comtrade / OEC |
| Demographics & Labor | Population: 136,488 | ILO / UN Population Division |
| Strategic Trade Corridors | Leading Trade Partners: Thailand (55%), Philippines (15%), Japan (10%), Indonesia (8%), and South Korea (4%) | World Bank WITS / IMF DOTS |
- Primary activities: 23.2% of GDP.
- Secondary activities: 11.8% of GDP.
- Tertiary activities: 70.3% of GDP.
Primary Sector of Kiribati
With 41.98% of the land dedicated to agriculture, the country produces a variety of crops and animal products such as coconuts, bananas, vegetables, taro, tropical fruits, pork, chicken, nuts, eggs, and pork offal.
Agriculture contributes 23.2% to the GDP and provides food security and employment opportunities in Kiribati. The diverse range of agricultural products highlights the sector’s importance in sustaining the country’s population and supporting local livelihoods.
Kiribati’s geological diversity, with its scattered atolls and fertile soil, impacts resource availability. The primary sector relies on copra from coconuts and fish, while phosphate production ceased in 1979. These resources sustain the economy through agriculture and fishing industries.
Secondary Sector of Kiribati
In Kiribati, the main industrial products are handicrafts and construction materials. Handicrafts are traditionally made by local artisans, while construction materials support infrastructure development in the country.
In 2023, Kiribati’s manufactures exports accounted for a minimal percentage of the total exports, indicating their insignificant contribution to the country’s overall export economy.
Tertiary sector of Kiribati
The tertiary sector in Kiribati involves providing intangible services to enhance productivity and meet needs. Key activities include healthcare, education, banking, tourism, transportation, and telecommunications. These services contribute to the country’s economic development and well-being.
With an annual influx of 12,000 tourists, constituting 0.0914 of its population, the industry thrives. The pristine beaches of Tarawa Atoll and the picturesque Christmas Island are among the top destinations, attracting visitors worldwide with their natural beauty and cultural richness.
Another example of tertiary economic activity is the mobile cellular sector, which has around 64,000 subscriptions and supports communication and technological growth. With 49 subscriptions per 100 inhabitants, it improves connectivity for local businesses and services.
International Trade of Kiribati
Import Activities of Kiribati
Kiribati’s import activities are of high importance to the economy. Its merchandise imports totaled approximately 173.83 million USD (As of 2021), far exceeding its exports and reflecting heavy dependence on imported goods. Source: World Bank WITS – Kiribati.
Kiribati’s major import activities include ships, refined petroleum, rice, twine and rope, and prepared meat. Its top import partners include China, Fiji, Australia, Taiwan, and South Korea. Source: CIA World Factbook, archived – Kiribati.
Exports Activities of Kiribati
Kiribati’s merchandise exports totaled approximately 8.86 million USD (As of 2021), a small share of GDP, so export activities hold low importance relative to imports in the country’s economy. The country derives far more external income from fishing-licence fees paid by foreign fleets than from goods exports. Source: World Bank WITS – Kiribati.
Kiribati primarily exports fish, ships, coconut oil, copra, and raw sugar. Its key export partners include Thailand (55%), Philippines (15%), Japan (10%), Indonesia (8%), and South Korea (4%).
Kiribati economy challenges in 2024
Kiribati faces challenges from its fragile environment, narrow economic base, and a public sector-dominated economy (phosphate mining ceased in 1979). The country relies heavily on fishing-licence revenue, remittances, development assistance, and drawdowns from its Revenue Equalization Reserve Fund (RERF) sovereign wealth fund, which stood at roughly 330% of GDP at end-2023. Source: IMF – Kiribati.
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Last updated: October 2026
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