Industry (including construction), value added in Kiribati
Kiribati: Industry (including construction), value added was 21.1% in 2024. ◆ Volatile
Industry (including construction), value added in Kiribati, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Kiribati recorded 21.1% for industry (including construction), value added in 2024.
The figure is up 45.4% on the previous year and up 13,293.6% over ten years.
Over the whole period, industry (including construction), value added in Kiribati peaked at 47.3% in 1991 and was at its lowest, -17.4%, in 1992.
That places Kiribati 5th out of 198 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | -10.9% | 13.8% | 10 |
| 1990s | 8.7% | -17.4% | 47.3% | 10 |
| 2000s | 0.6% | -12.0% | 23.6% | 10 |
| 2010s | 6.0% | -9.1% | 23.9% | 10 |
| 2020s | 10.2% | -2.4% | 21.1% | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Exports of goods and services 23.48 million current LCU (2024)
- Industry (including construction), value added 47.82 million constant LCU (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 36.02 million constant 2015 US$ (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
- Exports of goods and services 4.5% (2024)
Frequently asked questions
- What is industry (including construction), value added in Kiribati?
- Industry (including construction), value added in Kiribati was 21.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Kiribati?
- The highest recorded value was 47.3% in 1991.
- What is the lowest industry (including construction), value added recorded in Kiribati?
- The lowest recorded value was -17.4% in 1992.
- How does Kiribati rank for industry (including construction), value added?
- Kiribati ranks 5th out of 198 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Kiribati?
- Over the last ten years it is up 13,293.6%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.