Kiribati Riding On A Construction Wave

Kiribati is experiencing a construction-led economic expansion, with GDP growth forecast at 4.8% in 2026. The report emphasizes the need to pivot towards private sector development in tuna processing and tourism to ensure long-term sustainability.

Key Takeaways

• 1.Kiribati's recent economic growth has been driven by a construction-led expansion, with significant projects in infrastructure and utilities.
• 2.GDP growth is forecast to remain solid at 4.8% in 2026 before easing as major infrastructure projects reach completion.
• 3.Economic diversification into tuna processing and boutique tourism is recommended to reduce reliance on fishing revenue and public sector job creation.

Table of Contents

• Kiribati: riding on a construction wave
• Possible next steps
• Options for downstream processing of tuna
• Boutique tourism: 'Capital Calmness Kiribati'
• Important Notice

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