Kiribati vs New Zealand: Economic Indicators Comparison

New Zealand with a GDP of $204.9B ranked the 53rd largest economy in the world, while Kiribati ranked 194th with $188.3M. By GDP 5-years average growth and GDP per capita, New Zealand and Kiribati ranked 72nd vs 68th and 25th vs 156th, respectively.

Gross Domestic Product & Income

StatKiribatiNew Zealand
GDP$188.3M$204.9B
GDP growth, 1 year2.3%3%
GDP growth, 5-years average3.5%3.4%
Population116k4.9M
GDP per capita$1.6k$42k
GDP per capita growth0.51%0.85%
Purchasing Power Parity conversion factor0.951.48
Price level ratio of PPP conversion factor GDP to market exchange rate0.711.02
GDP per capita, PPP adjusted$2.1k$40k
GNI, Atlas method$363.8M$198.6B
GNI per capita$3.1k$41k
GNI, PPP adjusted$511.5M$192.5B
GNI per capita, PPP adjusted$4.4k$39k

Financial system and Human development

StatKiribatiNew Zealand
Income Tax Rate35%33%
Corporate Tax Rate35%28%
Inflation, consumer prices1.9%1.6%
Inflation, GDP deflator2%1.1%
Unemployment30.6%4.5%
Economic Freedom Index45.284.1
Personal Freedom Index4.89.42
Human Freedom Index4.28.94
Property Rights Index47.593.3
Judical Effectiveness Index34.279.1
Business Freedom Index40.690.4
Fiscal Health Index9998.3
Labor Freedom Index62.986.7
Investment Freedom Index2580
Financial Freedom Index3080
Trade Freedom Index23.892.2
Monetary Freedom Index82.287
Government Spending Index057.8
Tax Burden Index72.471
Government Integrity Index24.393.9
Corruption Perceptions Index4087
Life expectancy at birth, years67.981.7
Suicide mortality rate, per 100,000 people14.412.1
Mortality caused by road traffic injury, per 100,000 people4.47.8
Intentional homicides, per 100,000 people7.50.7
International tourism, number of arrivals7.1k3.7M

Government debt & reserves

StatKiribatiNew Zealand
Central government debt, % of GDP21.9%29.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A13.9%
Gross savings, % of GDP96%19.6%
Gross capital formation, % of GDP40%23.9%
Total reserves including goldN/A$17.7B
Foreign direct investment net inflows$591k$2.1B

Exports, imports and economic structure

StatKiribatiNew Zealand
Exports of goods and services, % of GDP13.2%28.1%
Imports of goods and services, % of GDP92%28.3%
Current account balance (balance of payments)$70.5M-$7.7B
Revenue excluding grants, % of GDP100.5%33%
Grants excluding technical cooperation, BoP$50.7MN/A
Personal remittances received$18M$452.5M
Industry including construction value added, % of GDP12.4%19.2%
Agriculture, forestry and fishing value added, % of GDP30.8%6.6%
Charges for the use of intellectual property, payments BoPN/A$912.8M
Charges for the use of intellectual property, receipts BoP$13.4M$540.5M
Expense, % of GDP77.4%30.7%
Government Expenditure, % of GDP125.7%37.5%

Compare with countries close by GDP per capita

Kiribati vs

CountryGDP
per capita
Population
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M

New Zealand vs

CountryGDP
per capita
Population
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M