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Economy of Kiribati vs Yemen compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $21.6B for Yemen, ranking 192/197 and 125/197 by economy size, respectively.

Kiribati has $30.5M in government debt (9.92% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Kiribati vs Yemen GDP by year

Kiribati
Yemen
1x
Year GDP, current $
Kiribati Yemen
2024 $307,862,564 -
2023 $288,610,748 -
2022 $270,040,453 -
2021 $285,259,881 -
2020 $220,898,020 -
2019 $216,985,388 -
2018 $233,514,717 $21,606,160,663
2017 $222,875,736 $26,842,229,045
2016 $206,467,819 $31,317,825,274
2015 $191,559,399 $42,444,490,074
2014 $200,287,282 $43,228,585,321
2013 $201,730,861 $40,415,233,436
2012 $207,001,546 $35,401,331,610
2011 $195,970,140 $32,726,417,878
2010 $165,458,433 $30,906,749,533
2009 $140,177,384 $25,130,278,213
2008 $147,017,895 $26,910,855,807
2007 $138,054,946 $21,650,528,674
2006 $112,338,353 $19,063,143,370
2005 $113,895,437 $16,731,566,717
2004 $104,085,892 $13,867,634,371
2003 $96,105,619 $11,777,532,662
2002 $74,743,869 $10,693,430,511
2001 $64,935,850 $9,852,990,693
2000 $74,910,527 $9,679,316,770
1999 $77,323,978 $7,639,325,296
1998 $74,905,706 $6,322,175,566
1997 $80,205,807 $6,838,298,531
1996 $81,456,854 $6,496,163,616
1995 $68,596,395 $12,796,345,679
1994 $67,055,334 $28,019,483,764
1993 $58,953,596 $21,736,802,664
1992 $61,491,369 $17,959,367,194
1991 $41,247,792 $14,665,445,462
1990 $36,534,295 $12,643,821,569
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/yemen | CC BY

GDP per capita in Kiribati vs Yemen by year

Kiribati
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,289 $3,702 - -
2023 $2,178 $3,486 - -
2022 $2,070 $3,329 - -
2021 $2,222 $3,020 - -
2020 $1,752 $2,711 - -
2019 $1,751 $2,763 - -
2018 $1,913 $2,672 $634 -
2017 $1,853 $2,562 $811 -
2016 $1,743 $2,463 $975 -
2015 $1,640 $2,311 $1,362 -
2014 $1,737 $2,084 $1,430 -
2013 $1,772 $2,049 $1,379 $3,164
2012 $1,844 $1,896 $1,245 $3,005
2011 $1,771 $1,786 $1,186 $3,113
2010 $1,522 $1,724 $1,155 $3,603
2009 $1,317 $1,718 $969 $3,411
2008 $1,411 $1,735 $1,072 $3,370
2007 $1,353 $1,792 $890 $3,294
2006 $1,123 $1,728 $810 $3,205
2005 $1,162 $1,617 $734 $3,113
2004 $1,083 $1,579 $628 $2,949
2003 $1,021 $1,578 $549 $2,844
2002 $810 $1,605 $513 $2,768
2001 $719 $1,591 $487 $2,702
2000 $845 $1,638 $493 $2,624
1999 $887 $1,526 $401 $2,492
1998 $874 $1,593 $343 $2,442
1997 $953 $1,535 $383 $2,351
1996 $986 $1,519 $375 $2,268
1995 $844 $1,518 $764 $2,201
1994 $838 $1,469 $1,735 $2,115
1993 $748 $1,431 $1,397 $2,013
1992 $792 $1,421 $1,198 $1,963
1991 $540 $1,139 $1,016 $1,843
1990 $488 $1,192 $910 $1,742
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/yemen | CC BY

Kiribati's GDP per capita is $2,289, ranking 152/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Yemen ranks 178th at $3,164.

Economic indicators

Kiribati Yemen
Gross domestic product
$308M
2024
$21.6B
2018
GDP rank
192/197
2024
125/197
2018
GDP growth
5.27%
2023-2024
0.75%
2017-2018
GDP per capita
$2,289
2024
$634
2018
GDP per capita rank
152/197
2024
191/197
2018
GDP per capita, PPP
$3,702
2024
$3,164
2013
GDP per capita PPP rank
169/197
2024
178/197
2013
Government debt
$30.5M
2024
$18.8B
2018
Debt-to-GDP ratio
9.92%
2024
70.9%
2024
Government debt per person
$226.9
2024
$551
2018
Government debt per person rank
181/185
2024
165/185
2018
Average annual personal income after taxes
$1,967
2026
$1,127
2026
Income share by richest 10%
22.8%
2019
29.4%
2014
Income share by poorest 10%
4%
2019
3%
2014
Government expenditure, % of GDP
98.1%
2024
8.91%
2024
Consumer prices inflation
2.5%
2023-2024
33.9%
2023-2024
Unemployment rate
2.79%
2023
13.5%
2014
Population
139020
43325643

Spending and national debt comparison by year

Kiribati
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Kiribati Yemen
Government spending Government debt Government spending Government debt
2024 98.1% 9.92% 8.91% 70.9%
2023 95.3% 11.4% 11.8% 77.9%
2022 87.5% 16.3% 12.2% 65.3%
2021 84% 17.3% 8.22% 75.9%
2020 102.2% 21% 10.6% 87%
2019 108.3% 19% 13.2% 91.5%
2018 108.8% 19% 14.3% 86.9%
2017 92.1% 20.2% 8.39% 83.8%
2016 99% 21.2% 16.1% 76.5%
2015 90.9% 18.8% 19.4% 57.7%
2014 101.2% 8.97% 27.8% 48.9%
2013 78% 8.86% 30.8% 48.4%
2012 83.9% 8.13% 36.2% 47.6%
2011 80.9% 8.8% 29.8% 45.7%
2010 75.7% 9.43% 30.2% 42.4%
2009 74.7% 10.3% 35.2% 49.8%
2008 79.4% 13.9% 41.2% 36.4%
2007 77.3% 11.1% 40.3% 40.4%
2006 82.1% 12.9% 37.4% 40.8%
2005 95.6% 12.1% 36.8% 43.8%
2004 103.8% 13.6% 34.2% 52.1%
2003 84.4% 12.3% 35.3% 56.8%
2002 96.9% 13.3% 30.8% 57.8%
2001 101.3% 17% 30.5% 60.6%
2000 66% 12.7% 31.7% 60.8%
1999 77.6% 11.8% 28.2% 96.1%
1998 74.7% 9.81% 34.3% 110.6%
1997 70.9% 10.7% 34.2% 74.2%
1996 68.4% 11% 30.7% 114.9%
1995 69.6% 12.3% 24.1% 84.1%
1994 54.6% 12.3% 25.2% 73.3%
1993 55.3% 10.9% 25.8% 76.7%
1992 65.9% 7.31% 24.6% 78%
1991 82.1% 8.43% 24.7% 82.7%
1990 105.5% 7.72% 26.6% 91.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20).

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

In 2024, Kiribati's government spending was $302M, accounting for 98.1% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 9.92% in Kiribati and 70.9% in Yemen, ranking 180/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

Yemen
1x
Year Deficit/surplus, % of GDP
Kiribati Yemen
2024 -22% -2.48%
2023 0.13% -5.63%
2022 -18.3% -2.15%
2021 -10.8% -0.89%
2020 3.57% -4.3%
2019 10.8% -5.89%
2018 5.18% -7.85%
2017 34.1% -4.9%
2016 20.1% -8.51%
2015 42.5% -8.75%
2014 35% -4.14%
2013 11.8% -6.9%
2012 -5.43% -6.32%
2011 -17.6% -4.51%
2010 -7.8% -4.06%
2009 -8.56% -10.2%
2008 -15.8% -4.53%
2007 -12.5% -7.18%
2006 -12.3% 1.19%
2005 -9.96% -1.82%
2004 -19.2% -2.15%
2003 -8.93% -4.2%
2002 3.13% -0.56%
2001 -10.9% 2.79%
2000 -0.03% 6.09%
1999 -1.81% 0.06%
1998 14.6% -7.77%
1997 5.92% -1.5%
1996 -20.2% -0.92%
1995 -5.14% -5.74%
1994 0.74% -14%
1993 6.27% -12.8%
1992 0.79% -10.9%
1991 3.87% -5.76%
1990 -4.62% -10.3%

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

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

In 2018, Kiribati's government surplus, the difference between spending and revenue, was $12.1M, equivalent to 5.18% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 29 years, Kiribati recorded a fiscal deficit in 16 of those years, while Yemen ran a deficit in 25 years. On average, Kiribati posted an annual surplus equal to 0.8% of GDP, compared to deficit of 5.04% of GDP for Yemen.

Inflation comparison by year

Inflation
Kiribati

Yemen
1x
Year Consumer prices inflation
Kiribati Yemen
2024 2.5% 33.9%
2023 9.3% 0.9%
2022 5.3% 29.5%
2021 2.1% 31.5%
2020 2.6% 21.7%
2019 -1.8% 15.7%
2018 0.6% 33.6%
2017 0.4% 30.4%
2016 1.9% 21.3%
2015 0.6% 22%
2014 2.1% 8.2%
2013 -1.5% 11%
2012 -3% 9.9%
2011 1.5% 19.5%
2010 -3.9% 11.2%
2009 9.8% 3.7%
2008 13.7% 19%
2007 3.6% 7.9%
2006 -1% 10.8%
2005 -0.4% 9.9%
2004 -0.7% 12.5%
2003 1.6% 10.8%
2002 3.2% 12.2%
2001 6% 11.9%
2000 0.4% 11%
1999 1.8% 7.9%
1998 3.7% 11.5%
1997 2.6% 4.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Kiribati has recorded an average annual inflation rate of 2.25%, compared with 15.5% in Yemen. In 2024, inflation was 2.5% in Kiribati and 33.9% in Yemen.

Balance of trade

Kiribati Yemen
Current account balance
-$59.5M
2024
-$2.42B
2016
Current account balance ranking
85/190
2024
148/190
2016
Current account balance, % of GDP
-19.3%
2024
-7.72%
2016
Goods imports
$227M
2024
$6.8B
2016
Goods exports
$8.49M
2024
$473M
2016
Service imports
$108M
2024
$1.46B
2016
Service exports
$7M
2024
$466M
2016
Imports of goods and services, % of GDP
94.9%
2024
47.3%
2018
Exports of goods and services, % of GDP
6.27%
2024
8.76%
2018

Economic freedom indices

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

Kiribati Yemen
Economic freedom 50.8 53.7
Economic freedom ranking 158/197 138/197
Property rights 69.6 3.5
Government integrity 50.5 6.2
Judicial effectiveness 54.6 9.9
Tax burden 72.6 93.7
Government spending 0 0
Fiscal health 19.8 71.2
Business freedom 60.2 31.3
Labor freedom 65.3 31.2
Monetary freedom 76.7 48.1
Trade freedom 80 67.4
Investment freedom 30 50
Financial freedom 30 30

Economic freedom comparison by year

Kiribati
Yemen
1x
Year Economic freedom index
Kiribati Yemen
2026 50.8 -
2025 50.9 -
2024 51.3 -
2023 58.8 -
2022 59.2 -
2021 44.4 -
2020 45.2 -
2019 47.3 -
2018 50.8 -
2017 50.9 -
2016 46.2 -
2015 46.4 53.7
2014 46.3 55.5
2013 45.9 55.9
2012 46.9 55.3
2011 44.8 54.2
2010 43.7 54.4
2009 45.7 56.9
2008 - 53.8
2007 - 54.1
2006 - 52.6
2005 - 53.8
2004 - 50.5
2003 - 50.3
2002 - 48.6
2001 - 44.3
2000 - 44.5
1999 - 43.3
1998 - 46.1
1997 - 48.4
1996 - 49.6
1995 - 49.8

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

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

The Economic Freedom Index for Kiribati is 50.8, ranking 158/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kiribati Yemen
Services, % of GDP
67.1%
2023
41.8%
2018
Industry, % of GDP
11.5%
2023
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
27.2%
2023
28.7%
2018
GNI, Atlas method
$493M
2024
$25.3B
2018
GNI per capita, PPP
$6,060
2024
$3,020
2013
Total reserves including gold n/a
$1.25B
2022
Total reserves ranking n/a
139/177
2022
Net foreign direct investment
-$8.06M
2024
$15.4M
2015
Net inflows of foreign direct investment
$8.07M
2024
-$371M
2019
Net outflows of foreign direct investment
$16.4K
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.53%
2018
Poverty at national poverty lines
5.5%
2023
48.6%
2014
Gross capital formation, % of GDP
25.8%
2023
6.18%
2018

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/yemen | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.