Kiribati

The Republic of Kiribati is an island nation located in the central tropical Pacific Ocean. The country's 33 atolls are scattered over 3,500,000 km² near the equator. Its name is pronounced {{IPA|/kiribas/}} and is a Kiribati language rendering of "Gilberts", the English name for the main group of islands: the former Gilbert Islands.

Economy

Main article: Economy of Kiribati

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Kiribati has few natural resources. Commercially viable phosphate deposits were exhausted at the time of independence.

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Copra and fish now represent the bulk of production and exports.

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Tourism provides more than one-fifth of GDP.

Related Topics:
Tourism - GDP

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Foreign financial aid, largely from the United Kingdom and Japan, is a critical supplement to GDP, equal to 25%-50% of GDP in recent years.

Related Topics:
United Kingdom - Japan

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