Services, value added in Kiribati
Kiribati: Services, value added was 70.3% in 2024. ▬ Flat
Services, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, services, value added in Kiribati stood at 70.3%.
That represents a change of up 4.5% on the previous year and up 16.3% over ten years.
Over the whole period, services, value added in Kiribati peaked at 75.9% in 1982 and was at its lowest, 49.8%, in 1993.
Kiribati ranks 34th of 204 countries on this measure, in the top quarter.
Services, value added in Kiribati, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 61.7% | — |
| 1980 | 68.9% | +11.6% |
| 1981 | 69.4% | +0.7% |
| 1982 | 75.9% | +9.5% |
| 1983 | 69.8% | -8.1% |
| 1984 | 62.6% | -10.3% |
| 1985 | 70.2% | +12.3% |
| 1986 | 72.4% | +3.0% |
| 1987 | 69.4% | -4.1% |
| 1988 | 64.5% | -7.0% |
| 1989 | 68.4% | +6.0% |
| 1990 | 72.3% | +5.7% |
| 1991 | 71.7% | -0.8% |
| 1992 | 49.9% | -30.4% |
| 1993 | 49.8% | -0.3% |
| 1994 | 52.0% | +4.5% |
| 1995 | 52.9% | +1.7% |
| 1996 | 55.6% | +5.0% |
| 1997 | 55.8% | +0.4% |
| 1998 | 56.7% | +1.6% |
| 1999 | 58.8% | +3.7% |
| 2000 | 58.1% | -1.0% |
| 2001 | 60.6% | +4.2% |
| 2002 | 60.6% | +0.0% |
| 2003 | 60.1% | -0.9% |
| 2004 | 63.5% | +5.7% |
| 2005 | 64.9% | +2.2% |
| 2006 | 65.8% | +1.4% |
| 2007 | 62.2% | -5.5% |
| 2008 | 63.0% | +1.3% |
| 2009 | 61.5% | -2.4% |
| 2010 | 62.9% | +2.2% |
| 2011 | 60.6% | -3.6% |
| 2012 | 60.4% | -0.4% |
| 2013 | 60.4% | +0.0% |
| 2014 | 60.4% | -0.0% |
| 2015 | 60.1% | -0.5% |
| 2016 | 60.7% | +0.9% |
| 2017 | 61.8% | +1.8% |
| 2018 | 62.6% | +1.3% |
| 2019 | 67.0% | +7.0% |
| 2020 | 66.5% | -0.7% |
| 2021 | 64.2% | -3.5% |
| 2022 | 64.9% | +1.2% |
| 2023 | 67.3% | +3.6% |
| 2024 | 70.3% | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.7% | 61.7% | 61.7% | 1 |
| 1980s | 69.1% | 62.6% | 75.9% | 10 |
| 1990s | 57.5% | 49.8% | 72.3% | 10 |
| 2000s | 62.0% | 58.1% | 65.8% | 10 |
| 2010s | 61.7% | 60.1% | 67.0% | 10 |
| 2020s | 66.6% | 64.2% | 70.3% | 5 |
Countries ranked near Kiribati
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)
- GDP (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8241 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,109 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.22 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1.13 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 2,894 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 2.96 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.6283 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added in Kiribati?
- Services, value added in Kiribati was 70.3% 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 75.9% in 1982.
- What is the lowest services, value added recorded in Kiribati?
- The lowest recorded value was 49.8% in 1993.
- How does Kiribati rank for services, value added?
- Kiribati ranks 34th out of 204 countries with data for 2024.
- Is services, value added rising or falling in Kiribati?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.