Services, value added (current LCU), annual growth rate in Kiribati
Kiribati: Services, value added (current LCU), annual growth rate was 23.74 % change on previous year in 2024. ◆ Volatile
Services, value added (current LCU), annual growth rate in Kiribati, 1980–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (current lcu), annual growth rate in Kiribati stood at 23.74 % change on previous year. That is the highest value across all 45 years on record.
That represents a change of up 45.6% on the previous year and up 275.0% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Kiribati peaked at 23.74 % change on previous year in 2024 and was at its lowest, -2.04 % change on previous year, in 1983.
Kiribati ranks 14th of 204 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current LCU), annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | 5.38 % change on previous year | — |
| 1981 | 6.1 % change on previous year | +13.2% |
| 1982 | 15.13 % change on previous year | +148.2% |
| 1983 | -2.04 % change on previous year | -113.5% |
| 1984 | 2.12 % change on previous year | -204.4% |
| 1985 | 7.17 % change on previous year | +237.5% |
| 1986 | 7.09 % change on previous year | -1.2% |
| 1987 | 4.08 % change on previous year | -42.5% |
| 1988 | 7.9 % change on previous year | +93.8% |
| 1989 | 3.03 % change on previous year | -61.6% |
| 1990 | 3.94 % change on previous year | +29.9% |
| 1991 | 12.21 % change on previous year | +209.7% |
| 1992 | 10.1 % change on previous year | -17.2% |
| 1993 | 3.27 % change on previous year | -67.6% |
| 1994 | 10.52 % change on previous year | +221.3% |
| 1995 | 2.61 % change on previous year | -75.2% |
| 1996 | 18.12 % change on previous year | +594.6% |
| 1997 | 4.24 % change on previous year | -76.6% |
| 1998 | 12.05 % change on previous year | +184.6% |
| 1999 | 4.25 % change on previous year | -64.7% |
| 2000 | 6.68 % change on previous year | +57.2% |
| 2001 | 1.23 % change on previous year | -81.5% |
| 2002 | 9.61 % change on previous year | +678.1% |
| 2003 | 6.75 % change on previous year | -29.7% |
| 2004 | 0.9382 % change on previous year | -86.1% |
| 2005 | 7.7 % change on previous year | +721.1% |
| 2006 | 1.47 % change on previous year | -80.9% |
| 2007 | 4.56 % change on previous year | +209.5% |
| 2008 | 7.58 % change on previous year | +66.2% |
| 2009 | 0.0779 % change on previous year | -99.0% |
| 2010 | 2.61 % change on previous year | +3247.4% |
| 2011 | 1.58 % change on previous year | -39.3% |
| 2012 | 4.8 % change on previous year | +203.3% |
| 2013 | 4.56 % change on previous year | -5.0% |
| 2014 | 6.33 % change on previous year | +38.8% |
| 2015 | 14.23 % change on previous year | +124.7% |
| 2016 | 9.95 % change on previous year | -30.1% |
| 2017 | 6.7 % change on previous year | -32.7% |
| 2018 | 8.92 % change on previous year | +33.2% |
| 2019 | 6.68 % change on previous year | -25.1% |
| 2020 | 2.14 % change on previous year | -67.9% |
| 2021 | 14.25 % change on previous year | +564.8% |
| 2022 | 4.12 % change on previous year | -71.1% |
| 2023 | 16.31 % change on previous year | +295.8% |
| 2024 | 23.74 % change on previous year | +45.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.6 % change on previous year | -2.04 % change on previous year | 15.13 % change on previous year | 10 |
| 1990s | 8.13 % change on previous year | 2.61 % change on previous year | 18.12 % change on previous year | 10 |
| 2000s | 4.66 % change on previous year | 0.0779 % change on previous year | 9.61 % change on previous year | 10 |
| 2010s | 6.64 % change on previous year | 1.58 % change on previous year | 14.23 % change on previous year | 10 |
| 2020s | 12.11 % change on previous year | 2.14 % change on previous year | 23.74 % change on previous year | 5 |
Countries ranked near Kiribati
- 11 Nigeria 28.36 % change on previous year compare
- 12 Egypt 26.14 % change on previous year compare
- 13 Ethiopia 25.02 % change on previous year compare
- 15 Tajikistan 23.22 % change on previous year compare
- 16 Kyrgyzstan 22.17 % change on previous year compare
- 17 Uzbekistan 20.89 % change on previous year 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)
- Services, value added (current US$), annual growth rate 22.91 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7028 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,793 current US$ per person (2024)
- Services, value added (current LCU), per unit of GDP 1.07 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 2,717 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 6.22 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5493 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 1,401 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Kiribati?
- Services, value added (current lcu), annual growth rate in Kiribati was 23.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 23.74 % change on previous year in 2024.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -2.04 % change on previous year in 1983.
- How does Kiribati rank for services, value added (current lcu), annual growth rate?
- Kiribati ranks 14th out of 204 countries with data for 2024.
- Is services, value added (current lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 275.0%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Services, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.