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Map of Kiribati

 

 

 

 

Country name:

conventional long form: Republic of Kiribati
conventional short form: Kiribati
note: pronounced keer-ree-bahss
former: Gilbert Islands

 

Capital:

South Tarawa atoll (including Bairiki, the capital town). Population: 42,000 (UN estimate 2003).

Description:

Kiribati (pronounced?Kiribass’, formerly the Gilbert Islands) consists of three groups in the central Pacific: Kiribati (including Banaba, formerly Ocean Island), the Line Islands and the Phoenix Islands. The 33 islands, scattered across 5 million sq km (2 million sq miles) of the central Pacific, are low-lying coral atolls with coastal lagoons. The exception is Banaba, which is a coral formation rising to 80m (265ft). The soil is generally poor, apart from Banaba, and rainfall is variable. Coconut palms and pandanus trees comprise the main vegetation. There are no hills or streams throughout the group. Water is obtained from storage tanks or wells.
 

 

Location:

 

Area:

total: 811 sq km
land: 811 sq km
water: 0 sq km
note: includes three island groups - Gilbert Islands, Line Islands, Phoenix Islands

 

Population:

85,000 (UN estimate 2005).

 

Languages:

I-Kiribati, English (official)

 

 

 

Economy - overview:

The main agricultural crop is coconut, from which copra, the principal export commodity, is derived. Bananas, breadfruit and papayas are also produced, largely for domestic consumption. The local fishing industry has declined drastically, particularly after the closure of the state fishing company, but the sale of licences to foreign fleets is an important source of government revenue. Despite its remoteness, Kiribati has managed to develop a tourism industry which now accounts for about one-fifth of GDP. The economy grew by 1.8% in 2006, while inflation hovered between 3 and 4%. Kiribati remains heavily dependent on foreign aid and remittances from the many islanders of working age employed overseas. Kiribati is a member of the Pacific Community, the South Pacific Forum and the Asian Development Bank. Kiribati is also involved with various regional initiatives to promote economic development. Kiribati is one of the 14 signatories to the Pacific Islands Countries Trade Agreement, agreed in 2001, which plans measures to boost regional trade.

Economy:

The main agricultural crop is coconut, from which copra, the principal export commodity, is derived. Bananas, breadfruit and papayas are also produced, largely for domestic consumption. The local fishing industry has declined drastically, particularly after the closure of the state fishing company, but the sale of licences to foreign fleets is an important source of government revenue. Despite its remoteness, Kiribati has managed to develop a tourism industry which now accounts for about one-fifth of GDP. The economy grew by 1.8% in 2006, while inflation hovered between 3 and 4%. Kiribati remains heavily dependent on foreign aid and remittances from the many islanders of working age employed overseas. Kiribati is a member of the Pacific Community, the South Pacific Forum and the Asian Development Bank. Kiribati is also involved with various regional initiatives to promote economic development. Kiribati is one of the 14 signatories to the Pacific Islands Countries Trade Agreement, agreed in 2001, which plans measures to boost regional trade.
 

Industries:

fishing, handicrafts

 

Exports:
Copra, pet fish and seaweed.

Imports:
Food and manufactured goods. • Main trade partners: Japan, USA, New Zealand, Australia and China (PR).


GDP :
US$64 million (2006).

Exchange rates:




 

Useful links:

 

  Copyright By :  Kish Trade Promotion Center  2002