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Kiribati

Kiribati profile

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(Last updated: 8 May 2009)



Current business situation

The Department of Foreign Affairs and Trade (DFAT) provides advice for business travellers and tourists going to Kiribati . This is regularly updated, and should be checked before planning travel.

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Country facts

Capital city: Tarawa
Surface area: 811 sq km
Population: 94,000
Official language(s): English
Head of State and Head of Government: President HE Anote Tong
Australian exports to Kiribati: A$26 million
Australian imports from Kiribati: A$1 million
Kiribati's principal export destinations: Australia, Fiji, Hong Kong
Kiribati's principal import sources: Australia, Fiji, Japan

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Economic climate

Key economic indicators and statistics for 2008:

  • GDP – US$71 million
  • GDP per capita – US$709
  • Real GDP growth – 3.7 per cent
  • Inflation rate – 2.8 per cent

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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Trade relations and statistics

Major Australian exports to Kiribati (2007-08):

  • Tobacco, manufactured – A$2,867,000
  • Meat (excluding beef) – A$1,999,000
  • Wheat flour – A$1,461,000
  • Meat, prepared or preserved – A$1,307,000

Major Australian imports from Kiribati (2007-08):

  • Animal feed – A$509,000
  • Non-ferrous waste and scrap – A$341,000
  • Ships and boats (including hovercraft) – A$160,000
  • Crustaceans – A$76,000

(Source: Department of Foreign Affairs and Trade - Country economic fact sheet)

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OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the ANCP website.

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