Gross value added at basic prices (GVA) (constant 2015 US$) in Kiribati
Kiribati: Gross value added at basic prices (GVA) (constant 2015 US$) was 273.29 million constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
273.29 million constant 2015 US$
Change on year
up 6.0%
World rank
192nd
of 194 countries
All-time high
273.29 million constant 2015 US$
in 2024
All-time low
90.02 million constant 2015 US$
in 1987
Years of data
46
1979–2024
Gross value added at basic prices (GVA) in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gross value added at basic prices (gva) in Kiribati stood at 273.29 million constant 2015 US$. That is the highest value across all 46 years on record.
The figure is up 6.0% on the previous year and up 58.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Kiribati peaked at 273.29 million constant 2015 US$ in 2024 and was at its lowest, 90.02 million constant 2015 US$, in 1987.
That places Kiribati 192nd out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$) in Kiribati, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1979 | 101.68 million constant 2015 US$ | — |
| 1980 | 101.98 million constant 2015 US$ | +0.3% |
| 1981 | 108.25 million constant 2015 US$ | +6.1% |
| 1982 | 108.78 million constant 2015 US$ | +0.5% |
| 1983 | 96.91 million constant 2015 US$ | -10.9% |
| 1984 | 109.82 million constant 2015 US$ | +13.3% |
| 1985 | 95.44 million constant 2015 US$ | -13.1% |
| 1986 | 90.95 million constant 2015 US$ | -4.7% |
| 1987 | 90.02 million constant 2015 US$ | -1.0% |
| 1988 | 111.74 million constant 2015 US$ | +24.1% |
| 1989 | 103.11 million constant 2015 US$ | -7.7% |
| 1990 | 95.44 million constant 2015 US$ | -7.4% |
| 1991 | 102.69 million constant 2015 US$ | +7.6% |
| 1992 | 127.42 million constant 2015 US$ | +24.1% |
| 1993 | 127.41 million constant 2015 US$ | -0.0% |
| 1994 | 132.25 million constant 2015 US$ | +3.8% |
| 1995 | 133.35 million constant 2015 US$ | +0.8% |
| 1996 | 130.56 million constant 2015 US$ | -2.1% |
| 1997 | 124.60 million constant 2015 US$ | -4.6% |
| 1998 | 137.76 million constant 2015 US$ | +10.6% |
| 1999 | 136.57 million constant 2015 US$ | -0.9% |
| 2000 | 132.60 million constant 2015 US$ | -2.9% |
| 2001 | 130.49 million constant 2015 US$ | -1.6% |
| 2002 | 129.52 million constant 2015 US$ | -0.7% |
| 2003 | 133.94 million constant 2015 US$ | +3.4% |
| 2004 | 135.25 million constant 2015 US$ | +1.0% |
| 2005 | 128.62 million constant 2015 US$ | -4.9% |
| 2006 | 141.13 million constant 2015 US$ | +9.7% |
| 2007 | 143.34 million constant 2015 US$ | +1.6% |
| 2008 | 143.76 million constant 2015 US$ | +0.3% |
| 2009 | 140.59 million constant 2015 US$ | -2.2% |
| 2010 | 140.40 million constant 2015 US$ | -0.1% |
| 2011 | 150.00 million constant 2015 US$ | +6.8% |
| 2012 | 160.60 million constant 2015 US$ | +7.1% |
| 2013 | 167.67 million constant 2015 US$ | +4.4% |
| 2014 | 172.43 million constant 2015 US$ | +2.8% |
| 2015 | 182.00 million constant 2015 US$ | +5.6% |
| 2016 | 198.51 million constant 2015 US$ | +9.1% |
| 2017 | 214.14 million constant 2015 US$ | +7.9% |
| 2018 | 212.04 million constant 2015 US$ | -1.0% |
| 2019 | 227.24 million constant 2015 US$ | +7.2% |
| 2020 | 225.67 million constant 2015 US$ | -0.7% |
| 2021 | 237.82 million constant 2015 US$ | +5.4% |
| 2022 | 248.59 million constant 2015 US$ | +4.5% |
| 2023 | 257.91 million constant 2015 US$ | +3.8% |
| 2024 | 273.29 million constant 2015 US$ | +6.0% |
Kiribati compared with similar countries
- Kiribati's 273.29 million constant 2015 US$ is below the median for lower middle income countries, which is 25.04 billion constant 2015 US$, 1% of the median. (46 countries reporting)
- Kiribati's 273.29 million constant 2015 US$ is below the median for East Asia & Pacific, which is 31.94 billion constant 2015 US$, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 101.68 million constant 2015 US$ | 101.68 million constant 2015 US$ | 101.68 million constant 2015 US$ | 1 |
| 1980s | 101.70 million constant 2015 US$ | 90.02 million constant 2015 US$ | 111.74 million constant 2015 US$ | 10 |
| 1990s | 124.80 million constant 2015 US$ | 95.44 million constant 2015 US$ | 137.76 million constant 2015 US$ | 10 |
| 2000s | 135.92 million constant 2015 US$ | 128.62 million constant 2015 US$ | 143.76 million constant 2015 US$ | 10 |
| 2010s | 182.50 million constant 2015 US$ | 140.40 million constant 2015 US$ | 227.24 million constant 2015 US$ | 10 |
| 2020s | 248.66 million constant 2015 US$ | 225.67 million constant 2015 US$ | 273.29 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 189 Tonga 427.12 million constant 2015 US$ compare
- 190 Micronesia (country) 309.56 million constant 2015 US$ compare
- 191 Sao Tome and Principe 304.84 million constant 2015 US$ compare
- 193 Palau 233.52 million constant 2015 US$ compare
- 194 Marshall Islands 211.17 million constant 2015 US$ compare
More economy & growth data for Kiribati
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Kiribati?
- Gross value added at basic prices (gva) in Kiribati was 273.29 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Kiribati?
- The highest recorded value was 273.29 million constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Kiribati?
- The lowest recorded value was 90.02 million constant 2015 US$ in 1987.
- How does Kiribati rank for gross value added at basic prices (gva)?
- Kiribati ranks 192nd out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Kiribati?
- Over the last ten years it is up 58.5%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.