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Economy of Kiribati (Economy in Countries)
Ivan Kushnir
Synopsis "Economy of Kiribati (Economy in Countries)"
This book about the economy of Kiribati from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the gross domestic product of Kiribati was equal to 180 million US$ per year; the value of agriculture was 43.4 million US$. Since the share in the world is less than .01%, the country is classified as a micro economy.Productivity. In the 2010s, the GDP per capita was 1 643.5 US$; the agriculture per capita was 396.0 US$. Since the productivity is less the average below average, the economy is classified as least developed.Growth. In the 2010s, the growth of GDP was 2.9%; the growth of agriculture was 4.0%.Structure. In the 2010s, the economy of Kiribati included: industry (53.3%), agriculture (15.5%), service (13.6%), trade (10.3%), construction (4.1%), and transportation (3.1%).External relations. In the 2010s, the import was 7.6 times higher than the export, the net import was equal to 80.9% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.