Kiribati is one of the world’s poorest countries. The measures in place to control the Coronavirus (COVID-19) will limit growth in 2020. Travel restrictions will constrain construction, outbound seafarers and seasonal workers. Lower remittance inflows will reduce household income and domestic demand. Growth of real GDP will bounce back to 2.2% in 2021, before gradually falling to about 1.7% per year by 2027.
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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.
If you're in the Industry, Infrastructure and Environment industry in Kiribati, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
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