Services, value added (current US$) in Kiribati
Kiribati: Services, value added (current US$) was 241.17 million current US$ in 2024. ◆ Volatile
Services, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kiribati recorded 241.17 million current US$ for services, value added in 2024. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 22.9% on the previous year and up 99.3% over ten years.
Over the whole period, services, value added in Kiribati peaked at 241.17 million current US$ in 2024 and was at its lowest, 18.35 million current US$, in 1985.
Kiribati ranks 203rd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$) in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 1979 | 21.28 million current US$ | — |
| 1980 | 22.85 million current US$ | +7.4% |
| 1981 | 24.46 million current US$ | +7.1% |
| 1982 | 24.86 million current US$ | +1.6% |
| 1983 | 21.63 million current US$ | -13.0% |
| 1984 | 21.52 million current US$ | -0.5% |
| 1985 | 18.35 million current US$ | -14.7% |
| 1986 | 18.81 million current US$ | +2.5% |
| 1987 | 20.51 million current US$ | +9.0% |
| 1988 | 24.69 million current US$ | +20.4% |
| 1989 | 25.75 million current US$ | +4.3% |
| 1990 | 26.42 million current US$ | +2.6% |
| 1991 | 29.58 million current US$ | +12.0% |
| 1992 | 30.71 million current US$ | +3.8% |
| 1993 | 29.36 million current US$ | -4.4% |
| 1994 | 34.89 million current US$ | +18.8% |
| 1995 | 36.30 million current US$ | +4.0% |
| 1996 | 45.26 million current US$ | +24.7% |
| 1997 | 44.74 million current US$ | -1.1% |
| 1998 | 42.44 million current US$ | -5.2% |
| 1999 | 45.44 million current US$ | +7.1% |
| 2000 | 43.56 million current US$ | -4.1% |
| 2001 | 39.34 million current US$ | -9.7% |
| 2002 | 45.29 million current US$ | +15.1% |
| 2003 | 57.72 million current US$ | +27.4% |
| 2004 | 66.06 million current US$ | +14.5% |
| 2005 | 73.88 million current US$ | +11.8% |
| 2006 | 73.93 million current US$ | +0.1% |
| 2007 | 85.89 million current US$ | +16.2% |
| 2008 | 92.63 million current US$ | +7.8% |
| 2009 | 86.19 million current US$ | -6.9% |
| 2010 | 104.02 million current US$ | +20.7% |
| 2011 | 118.82 million current US$ | +14.2% |
| 2012 | 125.00 million current US$ | +5.2% |
| 2013 | 121.86 million current US$ | -2.5% |
| 2014 | 120.98 million current US$ | -0.7% |
| 2015 | 115.18 million current US$ | -4.8% |
| 2016 | 125.31 million current US$ | +8.8% |
| 2017 | 137.84 million current US$ | +10.0% |
| 2018 | 146.37 million current US$ | +6.2% |
| 2019 | 145.28 million current US$ | -0.7% |
| 2020 | 146.91 million current US$ | +1.1% |
| 2021 | 183.21 million current US$ | +24.7% |
| 2022 | 176.14 million current US$ | -3.9% |
| 2023 | 196.22 million current US$ | +11.4% |
| 2024 | 241.17 million current US$ | +22.9% |
Kiribati compared with similar countries
- Kiribati's 241.17 million current US$ is below the median for lower middle income countries, which is 12.93 billion current US$, 2% of the median. (47 countries reporting)
- Kiribati's 241.17 million current US$ is below the median for East Asia & Pacific, which is 12.93 billion current US$, 2% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.28 million current US$ | 21.28 million current US$ | 21.28 million current US$ | 1 |
| 1980s | 22.34 million current US$ | 18.35 million current US$ | 25.75 million current US$ | 10 |
| 1990s | 36.51 million current US$ | 26.42 million current US$ | 45.44 million current US$ | 10 |
| 2000s | 66.45 million current US$ | 39.34 million current US$ | 92.63 million current US$ | 10 |
| 2010s | 126.06 million current US$ | 104.02 million current US$ | 146.37 million current US$ | 10 |
| 2020s | 188.73 million current US$ | 146.91 million current US$ | 241.17 million current US$ | 5 |
Countries ranked near Kiribati
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 241.17 million current 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 241.17 million current US$ in 2024.
- What is the lowest services, value added recorded in Kiribati?
- The lowest recorded value was 18.35 million current US$ in 1985.
- How does Kiribati rank for services, value added?
- Kiribati ranks 203rd 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 99.3%. 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 US$). 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 indicator is expressed in United States dollars.