KIRIBATI

Country risk rating

C3

SENSITIVE RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD0.188bn (World ranking 203, World Bank 2018)
Population 0.12mn (World ranking 186, World Bank 2018)
Form of state Presidential Republic
Head of government Taneti MAAMAU (President)
Next elections 2020, presidential and legislative
  • Stable political environment and good international relations
  • Low risk of crime, terrorism and external threats
  • Low inflation since 2010
  • Geographically remote; 33 small islands spread out over an area roughly the size of India
  • Vulnerability to natural hazads and climate change (notably rising sea levels)
  • One of the least developed Pacific Island countries, with few natural resources
  • Underdeveloped infrastructure (especiallt with regard to transportation between the islands)
  • High unemployment and shortage of skilled labor
  • High dependence on foreign aid

Contact

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

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