Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Pacific Growth to Pick Up in 2014

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Investing in the Pacific Transport Sector

Pacific Transport Update 2013: Island countries in the Pacific region need a strong transport sector to support economic growth. Read More

Overview

Kiribati faces some major development constraints. Limited natural resources, especially land and freshwater, hamper development across widely scattered and sparsely populated islands, making access to international markets difficult and creating little potential for economies of scale.

ADB's country partnership strategy, 2010-2014, for Kiribati aims to reduce poverty and promote economic opportunity by improving public financial management and delivering sustainable infrastructure services.

Fast Facts

0.11 (2012)
Population in millions

2.2% (2010-2012)
Annual population growth rate

21.8% (2006)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
1.60 / 4.61
Energy (2)
 
1.00 / 2.88
Finance (1)
 
14.30 / 41.21
Transport and ICT (3)
 
17.80 / 51.30
Water Supply (2)
 
34.70 / 100.00
TOTAL (8)
Cumulative as of 31 December 2012