Gross value added at basic prices (GVA) in Kiribati
Kiribati: Gross value added at basic prices (GVA) was 349.94 million current US$ in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Kiribati is 349.94 million current US$, measured in 2024. That is the highest value across all 46 years on record.
That represents a change of up 17.5% on the previous year and up 79.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Kiribati peaked at 349.94 million current US$ in 2024 and was at its lowest, 23.96 million current US$, in 1986.
That places Kiribati 200th out of 204 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.57 million current US$ | 32.57 million current US$ | 32.57 million current US$ | 1 |
| 1980s | 30.32 million current US$ | 23.96 million current US$ | 34.64 million current US$ | 10 |
| 1990s | 61.09 million current US$ | 32.25 million current US$ | 76.97 million current US$ | 10 |
| 2000s | 98.77 million current US$ | 60.65 million current US$ | 139.61 million current US$ | 10 |
| 2010s | 199.80 million current US$ | 158.44 million current US$ | 228.26 million current US$ | 10 |
| 2020s | 285.54 million current US$ | 223.85 million current US$ | 349.94 million current US$ | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- External balance on goods and services as a percent of GDP -93.1% (2024)
- Inflation of consumer prices 2.5% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Kiribati?
- Gross value added at basic prices (gva) in Kiribati was 349.94 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Kiribati?
- The highest recorded value was 349.94 million current US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Kiribati?
- The lowest recorded value was 23.96 million current US$ in 1986.
- How does Kiribati rank for gross value added at basic prices (gva)?
- Kiribati ranks 200th out of 204 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 79.6%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.