Industry (including construction), value added in Kiribati
Kiribati: Industry (including construction), value added was 40.42 million current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Kiribati stood at 40.42 million current US$. That is the highest value across all 46 years on record.
The figure is up 23.1% on the previous year and up 43.0% over ten years.
Over the whole period, industry (including construction), value added in Kiribati peaked at 40.42 million current US$ in 2024 and was at its lowest, 3.75 million current US$, in 1985.
That places Kiribati 204th out of 209 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 5.08 million current US$ | — |
| 1980 | 4.99 million current US$ | -1.8% |
| 1981 | 5.35 million current US$ | +7.1% |
| 1982 | 4.69 million current US$ | -12.4% |
| 1983 | 4.25 million current US$ | -9.3% |
| 1984 | 4.37 million current US$ | +2.8% |
| 1985 | 3.75 million current US$ | -14.3% |
| 1986 | 3.86 million current US$ | +3.1% |
| 1987 | 4.17 million current US$ | +7.9% |
| 1988 | 4.35 million current US$ | +4.4% |
| 1989 | 4.64 million current US$ | +6.6% |
| 1990 | 4.71 million current US$ | +1.6% |
| 1991 | 6.36 million current US$ | +34.9% |
| 1992 | 5.27 million current US$ | -17.1% |
| 1993 | 5.34 million current US$ | +1.3% |
| 1994 | 5.62 million current US$ | +5.2% |
| 1995 | 6.19 million current US$ | +10.2% |
| 1996 | 6.74 million current US$ | +8.9% |
| 1997 | 6.90 million current US$ | +2.3% |
| 1998 | 7.95 million current US$ | +15.2% |
| 1999 | 9.23 million current US$ | +16.1% |
| 2000 | 8.71 million current US$ | -5.6% |
| 2001 | 7.98 million current US$ | -8.4% |
| 2002 | 8.68 million current US$ | +8.8% |
| 2003 | 9.79 million current US$ | +12.8% |
| 2004 | 9.32 million current US$ | -4.8% |
| 2005 | 9.59 million current US$ | +2.9% |
| 2006 | 10.97 million current US$ | +14.4% |
| 2007 | 15.65 million current US$ | +42.6% |
| 2008 | 16.19 million current US$ | +3.5% |
| 2009 | 14.83 million current US$ | -8.4% |
| 2010 | 19.82 million current US$ | +33.6% |
| 2011 | 25.90 million current US$ | +30.7% |
| 2012 | 27.93 million current US$ | +7.8% |
| 2013 | 29.00 million current US$ | +3.8% |
| 2014 | 28.27 million current US$ | -2.5% |
| 2015 | 28.21 million current US$ | -0.2% |
| 2016 | 30.25 million current US$ | +7.2% |
| 2017 | 27.67 million current US$ | -8.5% |
| 2018 | 25.88 million current US$ | -6.5% |
| 2019 | 20.75 million current US$ | -19.8% |
| 2020 | 21.79 million current US$ | +5.0% |
| 2021 | 30.75 million current US$ | +41.1% |
| 2022 | 27.55 million current US$ | -10.4% |
| 2023 | 32.83 million current US$ | +19.2% |
| 2024 | 40.42 million current US$ | +23.1% |
Kiribati compared with similar countries
- Kiribati's 40.42 million current US$ is below the median for lower middle income countries, which is 7.20 billion current US$, 1% of the median. (47 countries reporting)
- Kiribati's 40.42 million current US$ is below the median for East Asia & Pacific, which is 9.23 billion current US$, 0% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.08 million current US$ | 5.08 million current US$ | 5.08 million current US$ | 1 |
| 1980s | 4.44 million current US$ | 3.75 million current US$ | 5.35 million current US$ | 10 |
| 1990s | 6.43 million current US$ | 4.71 million current US$ | 9.23 million current US$ | 10 |
| 2000s | 11.17 million current US$ | 7.98 million current US$ | 16.19 million current US$ | 10 |
| 2010s | 26.37 million current US$ | 19.82 million current US$ | 30.25 million current US$ | 10 |
| 2020s | 30.67 million current US$ | 21.79 million current US$ | 40.42 million current US$ | 5 |
Countries ranked near Kiribati
- 201 Somalia 88.51 million current US$ compare
- 202 Sint Maarten (Dutch part) 81.57 million current US$ compare
- 203 Palau 41.87 million current US$ compare
- 205 Marshall Islands 38.23 million current US$ compare
- 206 Micronesia (country) 26.47 million current US$ compare
- 207 Sao Tome and Principe 21.86 million current 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$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Kiribati?
- Industry (including construction), value added in Kiribati was 40.42 million current US$ 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 40.42 million current US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Kiribati?
- The lowest recorded value was 3.75 million current US$ in 1985.
- How does Kiribati rank for industry (including construction), value added?
- Kiribati ranks 204th out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Kiribati?
- Over the last ten years it is up 43.0%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.