Industry (including construction), value added in Kiribati
Kiribati: Industry (including construction), value added was 36.02 million constant 2015 US$ in 2024. ◆ Volatile
Industry (including construction), value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Kiribati is 36.02 million constant 2015 US$, measured in 2024. That is the highest value across all 46 years on record.
That represents a change of up 21.1% on the previous year and up 57.3% over ten years.
Over the whole period, industry (including construction), value added in Kiribati peaked at 36.02 million constant 2015 US$ in 2024 and was at its lowest, 5.03 million constant 2015 US$, in 1983.
That places Kiribati 192nd out of 196 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Kiribati, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1979 | 5.77 million constant 2015 US$ | — |
| 1980 | 5.35 million constant 2015 US$ | -7.3% |
| 1981 | 5.61 million constant 2015 US$ | +4.8% |
| 1982 | 5.49 million constant 2015 US$ | -2.1% |
| 1983 | 5.03 million constant 2015 US$ | -8.4% |
| 1984 | 5.43 million constant 2015 US$ | +7.9% |
| 1985 | 5.99 million constant 2015 US$ | +10.4% |
| 1986 | 6.82 million constant 2015 US$ | +13.8% |
| 1987 | 6.61 million constant 2015 US$ | -3.1% |
| 1988 | 5.89 million constant 2015 US$ | -10.9% |
| 1989 | 6.35 million constant 2015 US$ | +7.8% |
| 1990 | 6.31 million constant 2015 US$ | -0.6% |
| 1991 | 9.30 million constant 2015 US$ | +47.3% |
| 1992 | 7.68 million constant 2015 US$ | -17.4% |
| 1993 | 7.65 million constant 2015 US$ | -0.3% |
| 1994 | 7.90 million constant 2015 US$ | +3.2% |
| 1995 | 8.81 million constant 2015 US$ | +11.5% |
| 1996 | 8.76 million constant 2015 US$ | -0.6% |
| 1997 | 9.60 million constant 2015 US$ | +9.7% |
| 1998 | 12.18 million constant 2015 US$ | +26.8% |
| 1999 | 13.05 million constant 2015 US$ | +7.2% |
| 2000 | 14.47 million constant 2015 US$ | +10.8% |
| 2001 | 13.99 million constant 2015 US$ | -3.3% |
| 2002 | 13.86 million constant 2015 US$ | -0.9% |
| 2003 | 13.11 million constant 2015 US$ | -5.4% |
| 2004 | 11.53 million constant 2015 US$ | -12.0% |
| 2005 | 12.01 million constant 2015 US$ | +4.1% |
| 2006 | 14.83 million constant 2015 US$ | +23.6% |
| 2007 | 14.71 million constant 2015 US$ | -0.8% |
| 2008 | 13.68 million constant 2015 US$ | -7.0% |
| 2009 | 13.30 million constant 2015 US$ | -2.8% |
| 2010 | 14.25 million constant 2015 US$ | +7.1% |
| 2011 | 15.69 million constant 2015 US$ | +10.1% |
| 2012 | 19.44 million constant 2015 US$ | +23.9% |
| 2013 | 22.94 million constant 2015 US$ | +18.0% |
| 2014 | 22.90 million constant 2015 US$ | -0.2% |
| 2015 | 28.21 million constant 2015 US$ | +23.2% |
| 2016 | 28.20 million constant 2015 US$ | -0.0% |
| 2017 | 25.64 million constant 2015 US$ | -9.1% |
| 2018 | 23.74 million constant 2015 US$ | -7.4% |
| 2019 | 22.49 million constant 2015 US$ | -5.3% |
| 2020 | 21.95 million constant 2015 US$ | -2.4% |
| 2021 | 25.24 million constant 2015 US$ | +15.0% |
| 2022 | 25.97 million constant 2015 US$ | +2.9% |
| 2023 | 29.74 million constant 2015 US$ | +14.5% |
| 2024 | 36.02 million constant 2015 US$ | +21.1% |
Kiribati compared with similar countries
- Kiribati's 36.02 million constant 2015 US$ is below the median for lower middle income countries, which is 6.98 billion constant 2015 US$, 1% of the median. (46 countries reporting)
- Kiribati's 36.02 million constant 2015 US$ is below the median for East Asia & Pacific, which is 8.43 billion constant 2015 US$, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.77 million constant 2015 US$ | 5.77 million constant 2015 US$ | 5.77 million constant 2015 US$ | 1 |
| 1980s | 5.86 million constant 2015 US$ | 5.03 million constant 2015 US$ | 6.82 million constant 2015 US$ | 10 |
| 1990s | 9.12 million constant 2015 US$ | 6.31 million constant 2015 US$ | 13.05 million constant 2015 US$ | 10 |
| 2000s | 13.55 million constant 2015 US$ | 11.53 million constant 2015 US$ | 14.83 million constant 2015 US$ | 10 |
| 2010s | 22.35 million constant 2015 US$ | 14.25 million constant 2015 US$ | 28.21 million constant 2015 US$ | 10 |
| 2020s | 27.79 million constant 2015 US$ | 21.95 million constant 2015 US$ | 36.02 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 189 Tonga 108.42 million constant 2015 US$ compare
- 190 Dominica 85.15 million constant 2015 US$ compare
- 191 Sint Maarten (Dutch part) 80.81 million constant 2015 US$ compare
- 193 Sao Tome and Principe 35.15 million constant 2015 US$ compare
- 194 Marshall Islands 28.56 million constant 2015 US$ compare
- 195 Palau 26.78 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)
- 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$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Kiribati?
- Industry (including construction), value added in Kiribati was 36.02 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Kiribati?
- The highest recorded value was 36.02 million constant 2015 US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Kiribati?
- The lowest recorded value was 5.03 million constant 2015 US$ in 1983.
- How does Kiribati rank for industry (including construction), value added?
- Kiribati ranks 192nd out of 196 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Kiribati?
- Over the last ten years it is up 57.3%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.