Kiribati vs Marshall Islands: Services, value added
Services, value added over time
- Kiribati
- Marshall Islands
How they compare
Kiribati currently reports 188.50 million constant 2015 US$ against 142.71 million constant 2015 US$ in Marshall Islands, a difference of 45.79 million constant 2015 US$.
That makes Kiribati's figure about 1.3 times Marshall Islands's.
The two have swapped places 1 time across 28 shared years of data; in 1997 it was Marshall Islands ahead.
Globally, Kiribati ranks 194th and Marshall Islands ranks 195th of 195 countries.
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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 defense, 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.