Services, value added (constant 2015 US$) in Kiribati
Kiribati: Services, value added (constant 2015 US$) was 188.50 million constant 2015 US$ in 2024. ▲ Rising
Services, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Kiribati is 188.50 million constant 2015 US$, measured in 2024. That is the highest value across all 46 years on record.
The figure is up 6.2% on the previous year and up 77.6% over ten years.
Over the whole period, services, value added in Kiribati peaked at 188.50 million constant 2015 US$ in 2024 and was at its lowest, 56.78 million constant 2015 US$, in 1979.
That places Kiribati 195th out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Services, value added (constant 2015 US$) in Kiribati, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1979 | 56.78 million constant 2015 US$ | — |
| 1980 | 62.48 million constant 2015 US$ | +10.0% |
| 1981 | 62.43 million constant 2015 US$ | -0.1% |
| 1982 | 66.63 million constant 2015 US$ | +6.7% |
| 1983 | 62.16 million constant 2015 US$ | -6.7% |
| 1984 | 62.95 million constant 2015 US$ | +1.3% |
| 1985 | 60.93 million constant 2015 US$ | -3.2% |
| 1986 | 60.02 million constant 2015 US$ | -1.5% |
| 1987 | 60.60 million constant 2015 US$ | +1.0% |
| 1988 | 66.07 million constant 2015 US$ | +9.0% |
| 1989 | 65.58 million constant 2015 US$ | -0.7% |
| 1990 | 67.75 million constant 2015 US$ | +3.3% |
| 1991 | 68.15 million constant 2015 US$ | +0.6% |
| 1992 | 69.12 million constant 2015 US$ | +1.4% |
| 1993 | 69.51 million constant 2015 US$ | +0.6% |
| 1994 | 71.74 million constant 2015 US$ | +3.2% |
| 1995 | 73.06 million constant 2015 US$ | +1.8% |
| 1996 | 71.64 million constant 2015 US$ | -1.9% |
| 1997 | 72.80 million constant 2015 US$ | +1.6% |
| 1998 | 78.02 million constant 2015 US$ | +7.2% |
| 1999 | 77.49 million constant 2015 US$ | -0.7% |
| 2000 | 80.65 million constant 2015 US$ | +4.1% |
| 2001 | 81.30 million constant 2015 US$ | +0.8% |
| 2002 | 83.19 million constant 2015 US$ | +2.3% |
| 2003 | 83.54 million constant 2015 US$ | +0.4% |
| 2004 | 83.36 million constant 2015 US$ | -0.2% |
| 2005 | 86.06 million constant 2015 US$ | +3.2% |
| 2006 | 91.10 million constant 2015 US$ | +5.9% |
| 2007 | 93.53 million constant 2015 US$ | +2.7% |
| 2008 | 92.90 million constant 2015 US$ | -0.7% |
| 2009 | 93.26 million constant 2015 US$ | +0.4% |
| 2010 | 94.68 million constant 2015 US$ | +1.5% |
| 2011 | 95.81 million constant 2015 US$ | +1.2% |
| 2012 | 100.67 million constant 2015 US$ | +5.1% |
| 2013 | 104.03 million constant 2015 US$ | +3.3% |
| 2014 | 106.16 million constant 2015 US$ | +2.0% |
| 2015 | 115.18 million constant 2015 US$ | +8.5% |
| 2016 | 124.89 million constant 2015 US$ | +8.4% |
| 2017 | 133.12 million constant 2015 US$ | +6.6% |
| 2018 | 139.96 million constant 2015 US$ | +5.1% |
| 2019 | 151.15 million constant 2015 US$ | +8.0% |
| 2020 | 148.41 million constant 2015 US$ | -1.8% |
| 2021 | 155.24 million constant 2015 US$ | +4.6% |
| 2022 | 168.62 million constant 2015 US$ | +8.6% |
| 2023 | 177.46 million constant 2015 US$ | +5.2% |
| 2024 | 188.50 million constant 2015 US$ | +6.2% |
Kiribati compared with similar countries
- Kiribati's 188.50 million constant 2015 US$ is below the median for lower middle income countries, which is 12.91 billion constant 2015 US$, 1% of the median. (46 countries reporting)
- Kiribati's 188.50 million constant 2015 US$ is below the median for East Asia & Pacific, which is 14.44 billion constant 2015 US$, 1% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.78 million constant 2015 US$ | 56.78 million constant 2015 US$ | 56.78 million constant 2015 US$ | 1 |
| 1980s | 62.99 million constant 2015 US$ | 60.02 million constant 2015 US$ | 66.63 million constant 2015 US$ | 10 |
| 1990s | 71.93 million constant 2015 US$ | 67.75 million constant 2015 US$ | 78.02 million constant 2015 US$ | 10 |
| 2000s | 86.89 million constant 2015 US$ | 80.65 million constant 2015 US$ | 93.53 million constant 2015 US$ | 10 |
| 2010s | 116.56 million constant 2015 US$ | 94.68 million constant 2015 US$ | 151.15 million constant 2015 US$ | 10 |
| 2020s | 167.64 million constant 2015 US$ | 148.41 million constant 2015 US$ | 188.50 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 192 Sao Tome and Principe 229.60 million constant 2015 US$ compare
- 193 Micronesia (country) 222.02 million constant 2015 US$ compare
- 194 Palau 202.73 million constant 2015 US$ compare
- 196 Marshall Islands 142.71 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)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Kiribati?
- Services, value added in Kiribati was 188.50 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Kiribati?
- The highest recorded value was 188.50 million constant 2015 US$ in 2024.
- What is the lowest services, value added recorded in Kiribati?
- The lowest recorded value was 56.78 million constant 2015 US$ in 1979.
- How does Kiribati rank for services, value added?
- Kiribati ranks 195th out of 196 countries with data for 2024.
- Is services, value added rising or falling in Kiribati?
- Over the last ten years it is up 77.6%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.