Kiribati (formerly Gilbert Islands) Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $25 million (1984 est.), $417 per capita

Agriculture: limited; copra, subsistence crops of vegetables, supplemented by domestic fishing

Industry: formerly phosphate production; supply exhausted by mid-1981; tuna fishing licenses to USSR fishing fleet within Kiribati’s 200 nm fishing zone, excluding 12-nm territorial zone

Electric power: 2,750 kW capacity (1985); 8 million kWh produced (1985), 129 kWh per capita

Exports: phosphate, formerly 80% of exports, exhausted in 1981; copra accounted for 80% (A$1.45 million) in 1982

Imports: $15 million (1979); foodstuffs, fuel, transportation equipment

Aid: Western (non-US) commitments ODA and OOF (1970-83), $192 million; Australia (1970-83), $25.7 million committed

Budget: $15.2 million (1979)

Monetary conversion rate: 1.0392

Australian$=US$l (23 February 1983)

NOTE: The information regarding Kiribati (formerly Gilbert Islands) on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Kiribati (formerly Gilbert Islands) 1986 information contained here. All suggestions for corrections of any errors about Kiribati (formerly Gilbert Islands) 1986 should be addressed to the CIA or the source cited on each page.