Services, value added in Kiribati
Kiribati: Services, value added was 365.46 million current LCU in 2024. ◆ Volatile
Services, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, services, value added in Kiribati stood at 365.46 million current LCU. That is the highest value across all 46 years on record.
That represents a change of up 23.7% on the previous year and up 172.3% over ten years.
Over the whole period, services, value added in Kiribati peaked at 365.46 million current LCU in 2024 and was at its lowest, 19.04 million current LCU, in 1979.
Kiribati ranks 202nd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 19.04 million current LCU | — |
| 1980 | 20.06 million current LCU | +5.4% |
| 1981 | 21.29 million current LCU | +6.1% |
| 1982 | 24.51 million current LCU | +15.1% |
| 1983 | 24.01 million current LCU | -2.0% |
| 1984 | 24.52 million current LCU | +2.1% |
| 1985 | 26.28 million current LCU | +7.2% |
| 1986 | 28.14 million current LCU | +7.1% |
| 1987 | 29.29 million current LCU | +4.1% |
| 1988 | 31.60 million current LCU | +7.9% |
| 1989 | 32.56 million current LCU | +3.0% |
| 1990 | 33.84 million current LCU | +3.9% |
| 1991 | 37.97 million current LCU | +12.2% |
| 1992 | 41.81 million current LCU | +10.1% |
| 1993 | 43.18 million current LCU | +3.3% |
| 1994 | 47.72 million current LCU | +10.5% |
| 1995 | 48.97 million current LCU | +2.6% |
| 1996 | 57.84 million current LCU | +18.1% |
| 1997 | 60.29 million current LCU | +4.2% |
| 1998 | 67.56 million current LCU | +12.1% |
| 1999 | 70.43 million current LCU | +4.2% |
| 2000 | 75.13 million current LCU | +6.7% |
| 2001 | 76.06 million current LCU | +1.2% |
| 2002 | 83.36 million current LCU | +9.6% |
| 2003 | 88.99 million current LCU | +6.7% |
| 2004 | 89.83 million current LCU | +0.9% |
| 2005 | 96.75 million current LCU | +7.7% |
| 2006 | 98.17 million current LCU | +1.5% |
| 2007 | 102.65 million current LCU | +4.6% |
| 2008 | 110.43 million current LCU | +7.6% |
| 2009 | 110.51 million current LCU | +0.1% |
| 2010 | 113.39 million current LCU | +2.6% |
| 2011 | 115.19 million current LCU | +1.6% |
| 2012 | 120.72 million current LCU | +4.8% |
| 2013 | 126.22 million current LCU | +4.6% |
| 2014 | 134.22 million current LCU | +6.3% |
| 2015 | 153.31 million current LCU | +14.2% |
| 2016 | 168.56 million current LCU | +9.9% |
| 2017 | 179.85 million current LCU | +6.7% |
| 2018 | 195.90 million current LCU | +8.9% |
| 2019 | 208.99 million current LCU | +6.7% |
| 2020 | 213.47 million current LCU | +2.1% |
| 2021 | 243.89 million current LCU | +14.3% |
| 2022 | 253.94 million current LCU | +4.1% |
| 2023 | 295.35 million current LCU | +16.3% |
| 2024 | 365.46 million current LCU | +23.7% |
Kiribati compared with similar countries
- Kiribati's 365.46 million current LCU is below the median for lower middle income countries, which is 891.96 billion current LCU, 0% of the median. (47 countries reporting)
- Kiribati's 365.46 million current LCU is below the median for East Asia & Pacific, which is 565.23 billion current LCU, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.04 million current LCU | 19.04 million current LCU | 19.04 million current LCU | 1 |
| 1980s | 26.22 million current LCU | 20.06 million current LCU | 32.56 million current LCU | 10 |
| 1990s | 50.96 million current LCU | 33.84 million current LCU | 70.43 million current LCU | 10 |
| 2000s | 93.19 million current LCU | 75.13 million current LCU | 110.51 million current LCU | 10 |
| 2010s | 151.64 million current LCU | 113.39 million current LCU | 208.99 million current LCU | 10 |
| 2020s | 274.42 million current LCU | 213.47 million current LCU | 365.46 million current LCU | 5 |
Countries ranked near Kiribati
- 199 Dominica 1.12 billion current LCU compare
- 200 San Marino 1.07 billion current LCU compare
- 201 Tonga 761.45 million current LCU compare
- 203 Micronesia (country) 327.49 million current LCU compare
- 204 Palau 234.96 million current LCU compare
- 205 Marshall Islands 194.35 million current 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 services, value added in Kiribati?
- Services, value added in Kiribati was 365.46 million current LCU 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 365.46 million current LCU in 2024.
- What is the lowest services, value added recorded in Kiribati?
- The lowest recorded value was 19.04 million current LCU in 1979.
- How does Kiribati rank for services, value added?
- Kiribati ranks 202nd out of 206 countries with data for 2024.
- Is services, value added rising or falling in Kiribati?
- Over the last ten years it is up 172.3%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.