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Economy of Kiribati vs Slovenia compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $73B for Slovenia, ranking 192/197 and 86/197 by economy size, respectively.

Kiribati has $30.5M in government debt (9.92% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Kiribati vs Slovenia GDP by year

Kiribati
Slovenia
1x
Year GDP, current $
Kiribati Slovenia
2024 $307,862,564 $72,972,015,197
2023 $288,610,748 $69,255,264,238
2022 $270,040,453 $59,899,117,741
2021 $285,259,881 $61,540,813,362
2020 $220,898,020 $53,384,760,135
2019 $216,985,388 $53,909,922,736
2018 $233,514,717 $53,689,067,640
2017 $222,875,736 $48,153,200,135
2016 $206,467,819 $44,290,685,824
2015 $191,559,399 $42,709,468,275
2014 $200,287,282 $49,514,466,380
2013 $201,730,861 $47,867,056,859
2012 $207,001,546 $46,167,053,954
2011 $195,970,140 $51,199,194,599
2010 $165,458,433 $47,793,117,241
2009 $140,177,384 $49,975,540,955
2008 $147,017,895 $55,509,332,322
2007 $138,054,946 $47,880,266,543
2006 $112,338,353 $39,260,368,837
2005 $113,895,437 $35,947,936,824
2004 $104,085,892 $34,156,553,313
2003 $96,105,619 $29,360,575,032
2002 $74,743,869 $23,214,593,516
2001 $64,935,850 $20,668,868,707
2000 $74,910,527 $20,159,190,702
1999 $77,323,978 $22,609,669,084
1998 $74,905,706 $22,058,635,314
1997 $80,205,807 $20,726,878,752
1996 $81,456,854 $21,470,699,363
1995 $68,596,395 $21,367,422,159
1994 $67,055,334 $16,400,767,070
1993 $58,953,596 $14,449,298,372
1992 $61,491,369 $14,277,261,541
1991 $41,247,792 $14,454,495,059
1990 $36,534,295 $19,832,029,087
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/slovenia | CC BY

GDP per capita in Kiribati vs Slovenia by year

Kiribati
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,289 $3,702 $34,301 $57,186
2023 $2,178 $3,486 $32,660 $56,064
2022 $2,070 $3,329 $28,360 $52,347
2021 $2,222 $3,020 $29,193 $45,914
2020 $1,752 $2,711 $25,392 $41,767
2019 $1,751 $2,763 $25,814 $42,373
2018 $1,913 $2,672 $25,888 $38,620
2017 $1,853 $2,562 $23,303 $36,180
2016 $1,743 $2,463 $21,448 $33,575
2015 $1,640 $2,311 $20,697 $31,336
2014 $1,737 $2,084 $24,013 $30,572
2013 $1,772 $2,049 $23,237 $29,634
2012 $1,844 $1,896 $22,442 $28,787
2011 $1,771 $1,786 $24,941 $28,716
2010 $1,522 $1,724 $23,330 $27,579
2009 $1,317 $1,718 $24,502 $27,229
2008 $1,411 $1,735 $27,462 $29,461
2007 $1,353 $1,792 $23,725 $27,468
2006 $1,123 $1,728 $19,563 $25,571
2005 $1,162 $1,617 $17,970 $23,682
2004 $1,083 $1,579 $17,104 $22,588
2003 $1,021 $1,578 $14,712 $20,916
2002 $810 $1,605 $11,639 $20,004
2001 $719 $1,591 $10,376 $18,763
2000 $845 $1,638 $10,136 $17,892
1999 $887 $1,526 $11,401 $17,007
1998 $874 $1,593 $11,132 $15,994
1997 $953 $1,535 $10,437 $15,257
1996 $986 $1,519 $10,797 $14,284
1995 $844 $1,518 $10,738 $13,637
1994 $838 $1,469 $8,244 $13,975
1993 $748 $1,431 $7,255 $12,976
1992 $792 $1,421 $7,151 $12,296
1991 $540 $1,139 $7,229 $12,698
1990 $488 $1,192 $9,925 $13,491
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/slovenia | CC BY

Kiribati's GDP per capita is $2,289, ranking 152/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Slovenia ranks 37th at $57,186.

Economic indicators

Kiribati Slovenia
Gross domestic product
$308M
2024
$73B
2024
GDP rank
192/197
2024
86/197
2024
GDP growth
5.27%
2023-2024
1.73%
2023-2024
GDP per capita
$2,289
2024
$34,301
2024
GDP per capita rank
152/197
2024
34/197
2024
GDP per capita, PPP
$3,702
2024
$57,186
2024
GDP per capita PPP rank
169/197
2024
37/197
2024
Government debt
$30.5M
2024
$48.6B
2024
Debt-to-GDP ratio
9.92%
2024
66.6%
2024
Government debt per person
$226.9
2024
$22,842
2024
Government debt per person rank
181/185
2024
29/185
2024
Average annual personal income after taxes
$1,967
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
22.8%
2019
20.6%
2023
Income share by poorest 10%
4%
2019
4.1%
2023
Government expenditure, % of GDP
98.1%
2024
46.5%
2024
Consumer prices inflation
2.5%
2023-2024
1.97%
2023-2024
Unemployment rate
2.79%
2023
3.7%
2024
Population
139020
2124138

Spending and national debt comparison by year

Kiribati
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Kiribati Slovenia
Government spending Government debt Government spending Government debt
2024 98.1% 9.92% 46.5% 66.6%
2023 95.3% 11.4% 46.4% 68.3%
2022 87.5% 16.3% 47.7% 72.8%
2021 84% 17.3% 49.9% 74.8%
2020 102.2% 21% 51.8% 80.2%
2019 108.3% 19% 43.8% 66%
2018 108.8% 19% 44.1% 71%
2017 92.1% 20.2% 44.6% 74.9%
2016 99% 21.2% 46.9% 79.4%
2015 90.9% 18.8% 49.5% 83.4%
2014 101.2% 8.97% 50.6% 81.1%
2013 78% 8.86% 57.7% 70.8%
2012 83.9% 8.13% 50% 54.1%
2011 80.9% 8.8% 51.4% 46.8%
2010 75.7% 9.43% 50.7% 38.6%
2009 74.7% 10.3% 50% 34.9%
2008 79.4% 13.9% 45.2% 21.9%
2007 77.3% 11.1% 43.5% 22.9%
2006 82.1% 12.9% 45.7% 26.2%
2005 95.6% 12.1% 46.7% 26.6%
2004 103.8% 13.6% 46.9% 27.1%
2003 84.4% 12.3% 47.6% 27%
2002 96.9% 13.3% 47.8% 27.7%
2001 101.3% 17% 49.2% 26.3%
2000 66% 12.7% 47.8% 26.1%
1999 77.6% 11.8% 47.2% 23.8%
1998 74.7% 9.81% 46.4% 22.8%
1997 70.9% 10.7% 45.4% 22.1%
1996 68.4% 11% 45.2% 21.6%
1995 69.6% 12.3% 53% 18.2%
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/slovenia | CC BY

In 2024, Kiribati's government spending was $302M, accounting for 98.1% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 9.92% in Kiribati and 66.6% in Slovenia, ranking 180/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

Slovenia
1x
Year Deficit/surplus, % of GDP
Kiribati Slovenia
2024 -22% -0.93%
2023 0.13% -2.59%
2022 -18.3% -3.02%
2021 -10.8% -4.61%
2020 3.57% -7.68%
2019 10.8% 0.68%
2018 5.18% 0.9%
2017 34.1% 0.05%
2016 20.1% -2%
2015 42.5% -2.84%
2014 35% -4.53%
2013 11.8% -11.2%
2012 -5.43% -4.2%
2011 -17.6% -6.69%
2010 -7.8% -5.56%
2009 -8.56% -5.87%
2008 -15.8% -1.44%
2007 -12.5% -0.08%
2006 -12.3% -1.26%
2005 -9.96% -1.38%
2004 -19.2% -1.98%
2003 -8.93% -2.66%
2002 3.13% -2.47%
2001 -10.9% -4.58%
2000 -0.03% -3.77%
1999 -1.81% -3.04%
1998 14.6% -2.39%
1997 5.92% -2.37%
1996 -20.2% -1.16%
1995 -5.14% -8.19%
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/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, Kiribati recorded a fiscal deficit in 18 of those years, while Slovenia ran a deficit in 27 years. On average, Kiribati posted an annual deficit equal to 0.68% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Kiribati

Slovenia
1x
Year Consumer prices inflation
Kiribati Slovenia
2024 2.5% 1.97%
2023 9.3% 7.45%
2022 5.3% 8.83%
2021 2.1% 1.92%
2020 2.6% -0.05%
2019 -1.8% 1.63%
2018 0.6% 1.74%
2017 0.4% 1.43%
2016 1.9% -0.05%
2015 0.6% -0.53%
2014 2.1% 0.2%
2013 -1.5% 1.77%
2012 -3% 2.6%
2011 1.5% 1.8%
2010 -3.9% 1.8%
2009 9.8% 0.84%
2008 13.7% 5.65%
2007 3.6% 3.66%
2006 -1% 2.46%
2005 -0.4% 2.45%
2004 -0.7% 3.59%
2003 1.6% 5.54%
2002 3.2% 7.48%
2001 6% 8.38%
2000 0.4% 8.91%
1999 1.8% 6.16%
1998 3.7% 7.89%
1997 2.6% 8.36%

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/slovenia | CC BY

Over the past 28 years, Kiribati has recorded an average annual inflation rate of 2.25%, compared with 3.71% in Slovenia. In 2024, inflation was 2.5% in Kiribati and 1.97% in Slovenia.

Balance of trade

Kiribati Slovenia
Current account balance
-$59.5M
2024
$3.32B
2024
Current account balance ranking
85/190
2024
37/190
2024
Current account balance, % of GDP
-19.3%
2024
+4.55%
2024
Goods imports
$227M
2024
$45.2B
2024
Goods exports
$8.49M
2024
$45.6B
2024
Service imports
$108M
2024
$9.52B
2024
Service exports
$7M
2024
$13.6B
2024
Imports of goods and services, % of GDP
94.9%
2024
74.7%
2024
Exports of goods and services, % of GDP
6.27%
2024
80.9%
2024

Economic freedom indices

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

Kiribati Slovenia
Economic freedom 50.8 69.7
Economic freedom ranking 158/197 40/197
Property rights 69.6 87.6
Government integrity 50.5 66.1
Judicial effectiveness 54.6 91.6
Tax burden 72.6 55.5
Government spending 0 34.1
Fiscal health 19.8 83.5
Business freedom 60.2 78.7
Labor freedom 65.3 62.7
Monetary freedom 76.7 77.5
Trade freedom 80 79.4
Investment freedom 30 70
Financial freedom 30 50

Economic freedom comparison by year

Kiribati
Slovenia
1x
Year Economic freedom index
Kiribati Slovenia
2026 50.8 69.7
2025 50.9 68.3
2024 51.3 65.9
2023 58.8 68.5
2022 59.2 70.5
2021 44.4 68.3
2020 45.2 67.8
2019 47.3 65.5
2018 50.8 64.8
2017 50.9 59.2
2016 46.2 60.6
2015 46.4 60.3
2014 46.3 62.7
2013 45.9 61.7
2012 46.9 62.9
2011 44.8 64.6
2010 43.7 64.7
2009 45.7 62.9
2008 - 60.2
2007 - 59.6
2006 - 61.9
2005 - 59.6
2004 - 59.2
2003 - 57.7
2002 - 57.8
2001 - 61.8
2000 - 58.3
1999 - 61.3
1998 - 60.7
1997 - 55.6
1996 - 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kiribati is 50.8, ranking 158/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kiribati Slovenia
Services, % of GDP
67.1%
2023
57.9%
2024
Industry, % of GDP
11.5%
2023
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
27.2%
2023
1.54%
2024
GNI, Atlas method
$493M
2024
$67.6B
2024
GNI per capita, PPP
$6,060
2024
$56,520
2024
Total reserves including gold n/a
$2.83B
2024
Total reserves ranking n/a
118/177
2024
Net foreign direct investment
-$8.06M
2024
-$405M
2024
Net inflows of foreign direct investment
$8.07M
2024
$1.87B
2024
Net outflows of foreign direct investment
$16.4K
2024
$1.46B
2024
Poverty at national poverty lines
5.5%
2023
12.7%
2022
Gross capital formation, % of GDP
25.8%
2023
21.5%
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/slovenia | 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 (1996–2026, 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.

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.