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Economy of Kiribati vs Moldova compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $18.2B for Moldova, ranking 192/197 and 134/197 by economy size, respectively.

Kiribati has $30.5M in government debt (9.92% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Kiribati vs Moldova GDP by year

Kiribati
Moldova
1x
Year GDP, current $
Kiribati Moldova
2024 $307,862,564 $18,200,340,854
2023 $288,610,748 $16,711,906,746
2022 $270,040,453 $14,525,337,524
2021 $285,259,881 $13,691,869,264
2020 $220,898,020 $11,530,746,234
2019 $216,985,388 $11,736,797,055
2018 $233,514,717 $11,252,353,421
2017 $222,875,736 $9,514,404,016
2016 $206,467,819 $7,980,917,076
2015 $191,559,399 $7,797,667,197
2014 $200,287,282 $9,402,090,138
2013 $201,730,861 $9,496,717,876
2012 $207,001,546 $8,709,138,635
2011 $195,970,140 $8,414,352,020
2010 $165,458,433 $6,974,982,370
2009 $140,177,384 $5,439,434,272
2008 $147,017,895 $6,054,824,248
2007 $138,054,946 $4,401,173,152
2006 $112,338,353 $3,408,255,451
2005 $113,895,437 $2,988,342,907
2004 $104,085,892 $2,598,249,556
2003 $96,105,619 $1,980,907,435
2002 $74,743,869 $1,661,818,168
2001 $64,935,850 $1,480,673,594
2000 $74,910,527 $1,288,429,392
1999 $77,323,978 $1,170,782,957
1998 $74,905,706 $1,698,717,505
1997 $80,205,807 $1,930,081,169
1996 $81,456,854 $1,695,122,174
1995 $68,596,395 $1,752,999,370
1994 $67,055,334 $1,702,314,268
1993 $58,953,596 $2,371,813,324
1992 $61,491,369 $2,319,243,436
1991 $41,247,792 $3,094,565,871
1990 $36,534,295 $3,592,857,043
1989 $37,645,319 -
1988 $38,278,810 -
1987 $29,554,413 -
1986 $25,993,009 -
1985 $26,126,615 -
1984 $34,394,167 -
1983 $31,000,546 -
1982 $32,742,713 -
1981 $35,267,489 -
1980 $33,157,723 -
1979 $34,466,197 -
1978 $36,563,965 -
1977 $31,335,459 -
1976 $33,246,817 -
1975 $44,547,454 -
1974 $69,256,489 -
1973 $25,645,040 -
1972 $15,314,346 -
1971 $12,356,134 -
1970 $11,560,877 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/kiribati/moldova | CC BY

GDP per capita in Kiribati vs Moldova by year

Kiribati
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,289 $3,702 $7,576 $18,615
2023 $2,178 $3,486 $6,800 $17,747
2022 $2,070 $3,329 $5,744 $16,453
2021 $2,222 $3,020 $5,275 $15,682
2020 $1,752 $2,711 $4,376 $13,527
2019 $1,751 $2,763 $4,405 $13,413
2018 $1,913 $2,672 $4,156 $11,868
2017 $1,853 $2,562 $3,453 $11,252
2016 $1,743 $2,463 $2,847 $10,326
2015 $1,640 $2,311 $2,750 $9,198
2014 $1,737 $2,084 $3,290 $8,643
2013 $1,772 $2,049 $3,321 $8,233
2012 $1,844 $1,896 $3,045 $7,255
2011 $1,771 $1,786 $2,941 $6,833
2010 $1,522 $1,724 $2,437 $6,323
2009 $1,317 $1,718 $1,898 $5,827
2008 $1,411 $1,735 $2,111 $6,153
2007 $1,353 $1,792 $1,531 $5,590
2006 $1,123 $1,728 $1,183 $5,271
2005 $1,162 $1,617 $1,034 $4,866
2004 $1,083 $1,579 $897 $4,378
2003 $1,021 $1,578 $682 $3,960
2002 $810 $1,605 $571 $3,633
2001 $719 $1,591 $507 $3,311
2000 $845 $1,638 $441 $3,045
1999 $887 $1,526 $399 $2,910
1998 $874 $1,593 $579 $2,965
1997 $953 $1,535 $657 $3,136
1996 $986 $1,519 $575 $3,021
1995 $844 $1,518 $594 $3,146
1994 $838 $1,469 $574 $3,111
1993 $748 $1,431 $797 $4,394
1992 $792 $1,421 $778 $4,337
1991 $540 $1,139 $1,038 $5,980
1990 $488 $1,192 $1,207 $6,895
1989 $515 - - -
1988 $536 - - -
1987 $424 - - -
1986 $382 - - -
1985 $393 - - -
1984 $527 - - -
1983 $483 - - -
1982 $519 - - -
1981 $568 - - -
1980 $542 - - -
1979 $573 - - -
1978 $611 - - -
1977 $520 - - -
1976 $548 - - -
1975 $730 - - -
1974 $1,131 - - -
1973 $422 - - -
1972 $256.2 - - -
1971 $210.7 - - -
1970 $201 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

GeoRank.org/economy/kiribati/moldova | CC BY

Kiribati's GDP per capita is $2,289, ranking 152/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Moldova ranks 100th at $18,615.

Economic indicators

Kiribati Moldova
Gross domestic product
$308M
2024
$18.2B
2024
GDP rank
192/197
2024
134/197
2024
GDP growth
5.27%
2023-2024
0.1%
2023-2024
GDP per capita
$2,289
2024
$7,576
2024
GDP per capita rank
152/197
2024
99/197
2024
GDP per capita, PPP
$3,702
2024
$18,615
2024
GDP per capita PPP rank
169/197
2024
100/197
2024
Government debt
$30.5M
2024
$7.06B
2024
Debt-to-GDP ratio
9.92%
2024
38.8%
2024
Government debt per person
$226.9
2024
$2,938
2024
Government debt per person rank
181/185
2024
102/185
2024
Average annual personal income after taxes
$1,967
2026
$4,291
2026
Income share by richest 10%
22.8%
2019
22.8%
2023
Income share by poorest 10%
4%
2019
4.3%
2023
Government expenditure, % of GDP
98.1%
2024
38%
2024
Consumer prices inflation
2.5%
2023-2024
4.68%
2023-2024
Central bank interest rate n/a
6%
2025
Unemployment rate
2.79%
2023
1.43%
2024
Population
139020
2341166

Spending and national debt comparison by year

Kiribati
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Kiribati Moldova
Government spending Government debt Government spending Government debt
2024 98.1% 9.92% 38% 38.8%
2023 95.3% 11.4% 38.8% 34.9%
2022 87.5% 16.3% 36.6% 35%
2021 84% 17.3% 34.6% 33.6%
2020 102.2% 21% 36.7% 36.6%
2019 108.3% 19% 32% 28.8%
2018 108.8% 19% 31.5% 31.8%
2017 92.1% 20.2% 31% 34.9%
2016 99% 21.2% 30.5% 39.7%
2015 90.9% 18.8% 31.7% 42.1%
2014 101.2% 8.97% 33.8% 35.4%
2013 78% 8.86% 32.4% 30%
2012 83.9% 8.13% 33.7% 31.3%
2011 80.9% 8.8% 32.6% 24.2%
2010 75.7% 9.43% 34.1% 25.5%
2009 74.7% 10.3% 45.3% 32.6%
2008 79.4% 13.9% 41.5% 22.2%
2007 77.3% 11.1% 42.7% 28.3%
2006 82.1% 12.9% 40.3% 35%
2005 95.6% 12.1% 37.1% 40.4%
2004 103.8% 13.6% 34.8% 49.3%
2003 84.4% 12.3% 33.5% 68.1%
2002 96.9% 13.3% 30.7% 80.3%
2001 101.3% 17% 29.5% 85.4%
2000 66% 12.7% 34% 89.1%
1999 77.6% 11.8% 33% 150.7%
1998 74.7% 9.81% 39.1% 159.4%
1997 70.9% 10.7% 46% 89%
1996 68.4% 11% 43.3% 87.5%
1995 69.6% 12.3% 42% 79.5%
1994 54.6% 12.3% - -
1993 55.3% 10.9% - -
1992 65.9% 7.31% - -
1991 82.1% 8.43% - -
1990 105.5% 7.72% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/kiribati/moldova | CC BY

In 2024, Kiribati's government spending was $302M, accounting for 98.1% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 9.92% in Kiribati and 38.8% in Moldova, ranking 180/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

Moldova
1x
Year Deficit/surplus, % of GDP
Kiribati Moldova
2024 -22% -3.88%
2023 0.13% -5.13%
2022 -18.3% -3.24%
2021 -10.8% -2.62%
2020 3.57% -5.32%
2019 10.8% -1.47%
2018 5.18% -0.85%
2017 34.1% -0.65%
2016 20.1% -1.56%
2015 42.5% -1.93%
2014 35% -1.6%
2013 11.8% -1.57%
2012 -5.43% -1.93%
2011 -17.6% -2.05%
2010 -7.8% -2.18%
2009 -8.56% -6.38%
2008 -15.8% -0.87%
2007 -12.5% 0.15%
2006 -12.3% -0.42%
2005 -9.96% 1.44%
2004 -19.2% 0.59%
2003 -8.93% 0.47%
2002 3.13% -1.18%
2001 -10.9% -0.34%
2000 -0.03% -3.55%
1999 -1.81% -2.64%
1998 14.6% -1.52%
1997 5.92% -7.47%
1996 -20.2% -7.42%
1995 -5.14% -2.58%
1994 0.74% -
1993 6.27% -
1992 0.79% -
1991 3.87% -
1990 -4.62% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/kiribati/moldova | CC BY

In 2024, Kiribati's government deficit, the difference between spending and revenue, was $67.7M, equivalent to 22% of GDP. This compares to Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 30 years, Kiribati recorded a fiscal deficit in 18 of those years, while Moldova ran a deficit in 26 years. On average, Kiribati posted an annual deficit equal to 0.68% of GDP, compared to deficit of 2.26% of GDP for Moldova.

Inflation comparison by year

Inflation
Kiribati

Moldova
1x
Year Consumer prices inflation
Kiribati Moldova
2024 2.5% 4.68%
2023 9.3% 13.4%
2022 5.3% 28.7%
2021 2.1% 5.11%
2020 2.6% 3.77%
2019 -1.8% 4.84%
2018 0.6% 3.05%
2017 0.4% 6.57%
2016 1.9% 6.36%
2015 0.6% 9.68%
2014 2.1% 5.09%
2013 -1.5% 4.6%
2012 -3% 4.55%
2011 1.5% 7.69%
2010 -3.9% 7.48%
2009 9.8% -0.06%
2008 13.7% 12.8%
2007 3.6% 12.4%
2006 -1% 12.8%
2005 -0.4% 12%
2004 -0.7% 12.5%
2003 1.6% 11.7%
2002 3.2% 5.3%
2001 6% 9.76%
2000 0.4% 31.3%
1999 1.8% 39.3%
1998 3.7% 7.7%
1997 2.6% 11.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/kiribati/moldova | CC BY

Over the past 28 years, Kiribati has recorded an average annual inflation rate of 2.25%, compared with 10.5% in Moldova. In 2024, inflation was 2.5% in Kiribati and 4.68% in Moldova.

Balance of trade

Kiribati Moldova
Current account balance
-$59.5M
2024
-$3.01B
2024
Current account balance ranking
85/190
2024
156/190
2024
Current account balance, % of GDP
-19.3%
2024
-16.6%
2024
Goods imports
$227M
2024
$8.63B
2024
Goods exports
$8.49M
2024
$3.01B
2024
Service imports
$108M
2024
$1.8B
2024
Service exports
$7M
2024
$2.73B
2024
Imports of goods and services, % of GDP
94.9%
2024
57.3%
2024
Exports of goods and services, % of GDP
6.27%
2024
31.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Kiribati Moldova
Economic freedom 50.8 58.1
Economic freedom ranking 158/197 112/197
Property rights 69.6 40.4
Government integrity 50.5 45.1
Judicial effectiveness 54.6 32.4
Tax burden 72.6 87.9
Government spending 0 57.2
Fiscal health 19.8 70.3
Business freedom 60.2 68.3
Labor freedom 65.3 48.1
Monetary freedom 76.7 66
Trade freedom 80 76.8
Investment freedom 30 55
Financial freedom 30 50

Economic freedom comparison by year

Kiribati
Moldova
1x
Year Economic freedom index
Kiribati Moldova
2026 50.8 58.1
2025 50.9 58.3
2024 51.3 57.1
2023 58.8 58.5
2022 59.2 61.3
2021 44.4 62.5
2020 45.2 62
2019 47.3 59.1
2018 50.8 58.4
2017 50.9 58
2016 46.2 57.4
2015 46.4 57.5
2014 46.3 57.3
2013 45.9 55.5
2012 46.9 54.4
2011 44.8 55.7
2010 43.7 53.7
2009 45.7 54.9
2008 - 57.9
2007 - 58.7
2006 - 58
2005 - 57.4
2004 - 57.1
2003 - 60
2002 - 57.4
2001 - 54.9
2000 - 59.6
1999 - 56.1
1998 - 53.5
1997 - 48.9
1996 - 52.5
1995 - 33

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/kiribati/moldova | CC BY

The Economic Freedom Index for Kiribati is 50.8, ranking 158/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kiribati Moldova
Services, % of GDP
67.1%
2023
62.3%
2024
Industry, % of GDP
11.5%
2023
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
27.2%
2023
7.11%
2024
GNI, Atlas method
$493M
2024
$16.5B
2024
GNI per capita, PPP
$6,060
2024
$18,710
2024
Total reserves including gold n/a
$5.48B
2024
Total reserves ranking n/a
96/177
2024
Net foreign direct investment
-$8.06M
2024
-$360M
2024
Net inflows of foreign direct investment
$8.07M
2024
$458M
2024
Net outflows of foreign direct investment
$16.4K
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI n/a
6.22%
2024
Poverty at national poverty lines
5.5%
2023
31.6%
2023
Gross capital formation, % of GDP
25.8%
2023
21.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/kiribati/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.