General government net lending/borrowing (2023) (Percentage of GDP): -12.032%
Current GDP (2023): $246 million
Ranking 3rd on our list is Kiribati. It is an island country situated in the Pacific Ocean. The country had a budget deficit of 12.032% of its GDP in 2023. The GDP of Kiribati was $246 million during the same year.
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Home construction has been slow, costly, and inefficient for centuries. To change that, in 2017, Paolo and Galiano Tiramani founded BOXABL, bringing factory-built efficiency to a nearly $5T global home construction industry.
Where traditional homes take 7+ months to build, new homes can roll off BOXABL’s assembly line nearly every 4 hours. Equipped with plumbing, electrical, and HVAC, they’re ready to be delivered and lived in. No wonder they’ve built 600+ already with 190,000+ more reservations from potential buyers.
Now, the Tiramanis are preparing to unlock even more growth opportunities with Phase 2 — where modules can be configured into larger townhomes, single-family homes, and apartments. No wonder they recently reserved the Nasdaq ticker “$BXBL.”
