Price level ratio of PPP conversion factor (GDP) to market exchange in Kiribati

Kiribati: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6182 in 2024. ▲ Rising

Latest (2024)
0.6182
Change on year
down 1.1%
World rank
61st
of 202 countries
All-time high
0.9919
in 2011
All-time low
0.4096
in 1990
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Kiribati, 1990–2024

00.20.40.60.811990200720241990: 0.411991: 0.4741992: 0.5571993: 0.5231994: 0.571995: 0.5561996: 0.6491997: 0.6211998: 0.5491999: 0.5822000: 0.5162001: 0.4522002: 0.5052003: 0.6472004: 0.6862005: 0.7192006: 0.652007: 0.7552008: 0.8132009: 0.7662010: 0.8832011: 0.9922012: 0.9722013: 0.8652014: 0.8332015: 0.712016: 0.7082017: 0.7232018: 0.7162019: 0.6342020: 0.6462021: 0.7362022: 0.6222023: 0.6252024: 0.618

Source: UNESCO Institute for Statistics.

Analysis

In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Kiribati stood at 0.6182.

Compared with earlier readings it is down 1.1% on the previous year and down 25.8% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Kiribati peaked at 0.9919 in 2011 and was at its lowest, 0.4096, in 1990.

That places Kiribati 61st out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Kiribati, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Kiribati, 1990 to 2024.
Year Value Change
1990 0.4096
1991 0.4741 +15.7%
1992 0.5575 +17.6%
1993 0.5226 -6.2%
1994 0.5704 +9.1%
1995 0.5562 -2.5%
1996 0.6489 +16.7%
1997 0.6208 -4.3%
1998 0.549 -11.6%
1999 0.5816 +5.9%
2000 0.5161 -11.3%
2001 0.4517 -12.5%
2002 0.5047 +11.7%
2003 0.6466 +28.1%
2004 0.6861 +6.1%
2005 0.7187 +4.7%
2006 0.6501 -9.5%
2007 0.7548 +16.1%
2008 0.8128 +7.7%
2009 0.7661 -5.7%
2010 0.8827 +15.2%
2011 0.9919 +12.4%
2012 0.9722 -2.0%
2013 0.8647 -11.1%
2014 0.8333 -3.6%
2015 0.7097 -14.8%
2016 0.7076 -0.3%
2017 0.7233 +2.2%
2018 0.7159 -1.0%
2019 0.6337 -11.5%
2020 0.6462 +2.0%
2021 0.7357 +13.8%
2022 0.6217 -15.5%
2023 0.6248 +0.5%
2024 0.6182 -1.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5491 0.4096 0.6489 10
2000s 0.6508 0.4517 0.8128 10
2010s 0.8035 0.6337 0.9919 10
2020s 0.6493 0.6182 0.7357 5

Countries ranked near Kiribati

  1. 58 Spain 0.62 compare
  2. 59 Tonga 0.6194 compare
  3. 60 Costa Rica 0.6183 compare
  4. 62 Qatar 0.6048 compare
  5. 63 Slovenia 0.603 compare
  6. 64 Jamaica 0.6019 compare

See the full ranking of 202 places →

More population data for Kiribati

All data for Kiribati →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Kiribati?
Price level ratio of ppp conversion factor (gdp) to market exchange in Kiribati was 0.6182 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Kiribati?
The highest recorded value was 0.9919 in 2011.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Kiribati?
The lowest recorded value was 0.4096 in 1990.
How does Kiribati rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Kiribati ranks 61st out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Kiribati?
Over the last ten years it is down 25.8%. The long-run trend across the full record is rising.
Where does this Kiribati data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Kiribati. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/kiribati/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release