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$, in 1986.
That places Kiribati 203rd out of 207 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 32.57 million current US$ | — |
| 1980 | 31.74 million current US$ | -2.5% |
| 1981 | 33.50 million current US$ | +5.5% |
| 1982 | 31.95 million current US$ | -4.6% |
| 1983 | 29.75 million current US$ | -6.9% |
| 1984 | 32.62 million current US$ | +9.7% |
| 1985 | 24.93 million current US$ | -23.6% |
| 1986 | 23.96 million current US$ | -3.9% |
| 1987 | 26.28 million current US$ | +9.7% |
| 1988 | 34.64 million current US$ | +31.8% |
| 1989 | 33.83 million current US$ | -2.3% |
| 1990 | 32.25 million current US$ | -4.7% |
| 1991 | 38.67 million current US$ | +19.9% |
| 1992 | 59.08 million current US$ | +52.8% |
| 1993 | 55.82 million current US$ | -5.5% |
| 1994 | 64.06 million current US$ | +14.8% |
| 1995 | 65.35 million current US$ | +2.0% |
| 1996 | 76.97 million current US$ | +17.8% |
| 1997 | 74.11 million current US$ | -3.7% |
| 1998 | 70.15 million current US$ | -5.3% |
| 1999 | 74.46 million current US$ | +6.1% |
| 2000 | 67.08 million current US$ | -9.9% |
| 2001 | 60.65 million current US$ | -9.6% |
| 2002 | 68.65 million current US$ | +13.2% |
| 2003 | 86.65 million current US$ | +26.2% |
| 2004 | 96.46 million current US$ | +11.3% |
| 2005 | 103.08 million current US$ | +6.9% |
| 2006 | 104.96 million current US$ | +1.8% |
| 2007 | 128.02 million current US$ | +22.0% |
| 2008 | 139.61 million current US$ | +9.0% |
| 2009 | 132.54 million current US$ | -5.1% |
| 2010 | 158.44 million current US$ | +19.5% |
| 2011 | 189.14 million current US$ | +19.4% |
| 2012 | 199.02 million current US$ | +5.2% |
| 2013 | 193.41 million current US$ | -2.8% |
| 2014 | 194.81 million current US$ | +0.7% |
| 2015 | 182.00 million current US$ | -6.6% |
| 2016 | 206.31 million current US$ | +13.4% |
| 2017 | 228.26 million current US$ | +10.6% |
| 2018 | 228.04 million current US$ | -0.1% |
| 2019 | 218.61 million current US$ | -4.1% |
| 2020 | 223.85 million current US$ | +2.4% |
| 2021 | 280.96 million current US$ | +25.5% |
| 2022 | 275.13 million current US$ | -2.1% |
| 2023 | 297.81 million current US$ | +8.2% |
| 2024 | 349.94 million current US$ | +17.5% |
Kiribati compared with similar countries
- Kiribati's 349.94 million current US$ is below the median for lower middle income countries, which is 27.86 billion current US$, 1% of the median. (47 countries reporting)
- Kiribati's 349.94 million current US$ is below the median for East Asia & Pacific, which is 22.97 billion current US$, 2% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.57 million current US$ | 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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Kiribati?
- Gross value added at basic prices (gva) in Kiribati was 349.94 million current US$ 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 203rd out of 207 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.