Services, value added (current LCU) in Kiribati
Kiribati: Services, value added (current LCU) 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 (current LCU) 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% |
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
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- 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)
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.
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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.