Industry (including construction), value added in Kiribati
Kiribati: Industry (including construction), value added was 47.82 million constant LCU in 2024. ◆ Volatile
Industry (including construction), value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Kiribati recorded 47.82 million constant LCU for industry (including construction), value added in 2024. That is the highest value across all 46 years on record.
Compared with earlier readings it is 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 47.82 million constant LCU in 2024 and was at its lowest, 6.68 million constant LCU, in 1983.
Kiribati ranks 197th of 200 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1979 | 7.66 million constant LCU | — |
| 1980 | 7.10 million constant LCU | -7.3% |
| 1981 | 7.44 million constant LCU | +4.8% |
| 1982 | 7.29 million constant LCU | -2.1% |
| 1983 | 6.68 million constant LCU | -8.4% |
| 1984 | 7.21 million constant LCU | +7.9% |
| 1985 | 7.96 million constant LCU | +10.4% |
| 1986 | 9.05 million constant LCU | +13.8% |
| 1987 | 8.77 million constant LCU | -3.1% |
| 1988 | 7.82 million constant LCU | -10.9% |
| 1989 | 8.43 million constant LCU | +7.8% |
| 1990 | 8.38 million constant LCU | -0.6% |
| 1991 | 12.34 million constant LCU | +47.3% |
| 1992 | 10.19 million constant LCU | -17.4% |
| 1993 | 10.16 million constant LCU | -0.3% |
| 1994 | 10.49 million constant LCU | +3.2% |
| 1995 | 11.69 million constant LCU | +11.5% |
| 1996 | 11.63 million constant LCU | -0.6% |
| 1997 | 12.75 million constant LCU | +9.7% |
| 1998 | 16.17 million constant LCU | +26.8% |
| 1999 | 17.33 million constant LCU | +7.2% |
| 2000 | 19.21 million constant LCU | +10.8% |
| 2001 | 18.57 million constant LCU | -3.3% |
| 2002 | 18.40 million constant LCU | -0.9% |
| 2003 | 17.41 million constant LCU | -5.4% |
| 2004 | 15.31 million constant LCU | -12.0% |
| 2005 | 15.94 million constant LCU | +4.1% |
| 2006 | 19.69 million constant LCU | +23.6% |
| 2007 | 19.53 million constant LCU | -0.8% |
| 2008 | 18.16 million constant LCU | -7.0% |
| 2009 | 17.66 million constant LCU | -2.8% |
| 2010 | 18.92 million constant LCU | +7.1% |
| 2011 | 20.83 million constant LCU | +10.1% |
| 2012 | 25.82 million constant LCU | +23.9% |
| 2013 | 30.45 million constant LCU | +18.0% |
| 2014 | 30.40 million constant LCU | -0.2% |
| 2015 | 37.45 million constant LCU | +23.2% |
| 2016 | 37.44 million constant LCU | -0.0% |
| 2017 | 34.04 million constant LCU | -9.1% |
| 2018 | 31.52 million constant LCU | -7.4% |
| 2019 | 29.85 million constant LCU | -5.3% |
| 2020 | 29.14 million constant LCU | -2.4% |
| 2021 | 33.51 million constant LCU | +15.0% |
| 2022 | 34.48 million constant LCU | +2.9% |
| 2023 | 39.49 million constant LCU | +14.5% |
| 2024 | 47.82 million constant LCU | +21.1% |
Kiribati compared with similar countries
- Kiribati's 47.82 million constant LCU is below the median for lower middle income countries, which is 119.95 billion constant LCU, 0% of the median. (47 countries reporting)
- Kiribati's 47.82 million constant LCU is below the median for East Asia & Pacific, which is 154.77 billion constant LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.66 million constant LCU | 7.66 million constant LCU | 7.66 million constant LCU | 1 |
| 1980s | 7.77 million constant LCU | 6.68 million constant LCU | 9.05 million constant LCU | 10 |
| 1990s | 12.11 million constant LCU | 8.38 million constant LCU | 17.33 million constant LCU | 10 |
| 2000s | 17.99 million constant LCU | 15.31 million constant LCU | 19.69 million constant LCU | 10 |
| 2010s | 29.67 million constant LCU | 18.92 million constant LCU | 37.45 million constant LCU | 10 |
| 2020s | 36.89 million constant LCU | 29.14 million constant LCU | 47.82 million constant LCU | 5 |
Countries ranked near Kiribati
- 194 Turks and Caicos Islands 159.38 million constant LCU compare
- 195 Sint Maarten (Dutch part) 139.60 million constant LCU compare
- 196 East Timor 115.48 million constant LCU compare
- 198 Marshall Islands 28.56 million constant LCU compare
- 199 Palau 27.24 million constant LCU compare
- 200 Micronesia (country) 11.00 million constant LCU 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 47.82 million constant LCU 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 47.82 million constant LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Kiribati?
- The lowest recorded value was 6.68 million constant LCU in 1983.
- How does Kiribati rank for industry (including construction), value added?
- Kiribati ranks 197th out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.