Kiribati

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Country summary

Capital

Tarawa

Borders

(N/A)

Government type

republic

Population

112,850 (July 2010 est.)[1]

Population growth

2.235% (2010 est.)[1]

Life expectancy

63.22 years[1]

Unemployment

2% (1992 est.)[1]

Index of Economic Freedom

166[2]

Corruption Perceptions Index

111[3]

Doing Business ranking

79[4]


The Gilbert Islands became a British protectorate in 1892 and a colony in 1915; they were captured by the Japanese in the Pacific War in 1941. The islands of Makin and Tarawa were the sites of major US amphibious victories over entrenched Japanese garrisons in 1943. The Gilbert Islands were granted self-rule by the UK in 1971 and complete independence in 1979 under the new name of Kiribati. The US relinquished all claims to the sparsely inhabited Phoenix and Line Island groups in a 1979 treaty of friendship with Kiribati.[1]

Economical characteristics

  • Currency: Kiribati dollar (ISO code: AUD)
  • This country does not seem to have a central bank.


Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 70.596 66.772 62.344 72.463 90.459 99.483 105.603 106.890 136.571 136.564
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7]
Govt. expenses (% of GDP)[8]
Debt to revenue (years)

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 CIA - The World Factbook. "Kiribati", from The World Factbook. Referenced 2010-10-05.
  2. Heritage Foundation. "Kiribati", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
  3. Transparency International. "Kiribati", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-05.
  4. Doing Business. "Kiribati", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
  5. World Bank. "Kiribati: GDP", from World Bank Data. Referenced 2010-10-05.
  6. World Bank. "Kiribati: government debt", from World Bank Data. Referenced 2010-10-05.
  7. World Bank. "Kiribati: government revenue", from World Bank Data. Referenced 2010-10-05.
  8. World Bank. "Kiribati: government expenses", from World Bank Data. Referenced 2010-10-05.

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