Industry (including construction), value added in Kiribati
Kiribati: Industry (including construction), value added was 61.25 million current LCU in 2024. ◆ Volatile
Industry (including construction), value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Kiribati recorded 61.25 million current LCU for industry (including construction), value added in 2024. That is the highest value across all 46 years on record.
The figure is up 23.9% on the previous year and up 95.3% over ten years.
Over the whole period, industry (including construction), value added in Kiribati peaked at 61.25 million current LCU in 2024 and was at its lowest, 4.39 million current LCU, in 1980.
Kiribati ranks 203rd of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.55 million current LCU | 4.55 million current LCU | 4.55 million current LCU | 1 |
| 1980s | 5.19 million current LCU | 4.39 million current LCU | 5.95 million current LCU | 10 |
| 1990s | 9.01 million current LCU | 6.04 million current LCU | 14.30 million current LCU | 10 |
| 2000s | 15.83 million current LCU | 12.56 million current LCU | 19.31 million current LCU | 10 |
| 2010s | 31.39 million current LCU | 21.60 million current LCU | 40.69 million current LCU | 10 |
| 2020s | 44.60 million current LCU | 31.66 million current LCU | 61.25 million current LCU | 5 |
Countries ranked near Kiribati
- 200 East Timor 220.54 million current LCU compare
- 201 Turks and Caicos Islands 162.97 million current LCU compare
- 202 Sint Maarten (Dutch part) 146.01 million current LCU compare
- 204 Palau 41.87 million current LCU compare
- 205 Marshall Islands 38.23 million current LCU compare
- 206 Micronesia (country) 26.47 million current LCU compare
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 21.1% (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 61.25 million current LCU 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 61.25 million current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Kiribati?
- The lowest recorded value was 4.39 million current LCU in 1980.
- How does Kiribati rank for industry (including construction), value added?
- Kiribati ranks 203rd out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Kiribati?
- Over the last ten years it is up 95.3%. 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 Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.