Asia's Economic Growth Slows

New ADB report lowers region's growth rate to 6 percent on continued global uncertainties and slowing economic activity.  Read More

12 Pillars for the Transformation of Asia and the Pacific Region

Asia and the Pacific has made good progress towards the eight Millennium Development Goals (MDGs), though the region will still need to make greater efforts if it is to meet some important targets. Read More

Asia's Path to Prosperity

Industrialization must be an essential part of the growth formula if Asian countries are to prosper and avoid the 'middle income trap,' says ADB report. Read More

Tepid Demand Slows Growth in Developing Asia

Although advanced economies have largely met expectations, developing Asia’s growth forecast for 2013 has been trimmed to 6.3% from 6.6%, according to newly released ADB data. 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

Fact Sheet

Proposed Projects

30 Sep 2013 46511-001: Enhancing Economic Competitiveness through State-Owned Enterprise Reform
View all proposed

Approved Projects

9 Aug 2013 47090-001: Strengthening Safeguards Capacity in the Urban Sector in Kiribati
2 Feb 2012 43072-012: Tarawa Sanitation Improvement Project
14 Dec 2011 43418-012: Strengthened Public Financial Management
View all approved

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

Publications

Oct 2013 Asian Development Outlook 2013 Update: Governance and Public Service Delivery

Aug 2013 Climate Change Adaptation in the Pacific Coral Triangle

Aug 2013 Disaster Risk Reduction and Management in the Pacific

View all publications

News Releases

2 Oct 2013 Asia Must Step Up Governance Reforms to Sustain Growth and Development
2 Oct 2013 Developing Asia Slowing Amid Global Financial Jitters
21 Aug 2013 Asia Cannot Bypass Manufacturing on Path to Prosperity - ADB Report
16 Jul 2013 Challenge for Asia to Maintain Growth Momentum - ADB Report
27 Jun 2013 ADB Trims Pacific 2013 Economic Outlook as Risks to Growth Emerge
View all news releases

Key Resources

ADB IN ACTION