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Kiribati - General government gross debt as a share of GDP

26.3 (%) in 2017

In 2017, government gross debt as a share of GDP for Kiribati was 26.3 %. Though Kiribati government gross debt as a share of GDP fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 26.3 % in 2017.

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What is government gross debt as a share of GDP?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Kiribati government gross debt as a share of GDP?

Date Value Change, %
2017 26.3 14.96 %
2016 22.9 14.88 %
2015 19.9 127.90 %
2014 8.7 5.29 %
2013 8.3 11.54 %
2012 7.4 -7.18 %
2011 8.0 -5.30 %
2010 8.5 -9.81 %
2009 9.4 -24.69 %
2008 12.5 26.86 %
2007 9.8 -13.36 %
2006 11.3