Kiribati growth for 2011 & 2012

1. It is estimated that the GDP growth will grow from 0.5% (2010) to 2% (2011 & 2012) due to large, donor-funded infrastructure development which include the upgrading of international airports in Tarawa and Kiritimati, upgrading of the South Tarawa Road, and the extension of Betio Port.

2. Inflation is expected to be 5.4%.

3. This reflects a net growth of -3.4%.

4. The chart below shows GDP and it's expenditure components for year 1970 to 2008. Year 1970 to 1979 indicates a positive Net Import pushing the GDP line upwards. For year 2000 onwards, the Net Import increases and slowing GDP growth. 

5. Ways must be found to decrease Net Import.