Kiribati

Kiribati is one of the world's poorest and most remote nations, a scattering of low-lying coral atolls across a vast stretch of the central Pacific, dependent on fishing licenses, aid, and remittances.

With almost no natural resources or industry, Kiribati relies on revenue from selling fishing rights in its huge ocean territory and on a trust fund built from past phosphate mining, while facing an existential threat from rising seas.

Key Sectors

The economy rests on fishing-license fees from its enormous exclusive economic zone, remittances from seafarers, copra (dried coconut), and foreign aid.