Manufacturing, value added in Kiribati
Kiribati: Manufacturing, value added was 16.53 million constant LCU in 2024. ▲ Rising
Manufacturing, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Kiribati recorded 16.53 million constant LCU for manufacturing, value added in 2024. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 53.2% over ten years.
Over the whole period, manufacturing, value added in Kiribati peaked at 16.53 million constant LCU in 2024 and was at its lowest, 3.48 million constant LCU, in 1979.
Kiribati ranks 187th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.48 million constant LCU | 3.48 million constant LCU | 3.48 million constant LCU | 1 |
| 1980s | 4.93 million constant LCU | 3.68 million constant LCU | 5.74 million constant LCU | 10 |
| 1990s | 6.62 million constant LCU | 6.04 million constant LCU | 7.15 million constant LCU | 10 |
| 2000s | 8.33 million constant LCU | 7.36 million constant LCU | 9.14 million constant LCU | 10 |
| 2010s | 11.71 million constant LCU | 8.81 million constant LCU | 15.54 million constant LCU | 10 |
| 2020s | 16.15 million constant LCU | 15.71 million constant LCU | 16.53 million constant LCU | 5 |
Countries ranked near Kiribati
- 184 Sint Maarten (Dutch part) 33.09 million constant LCU compare
- 185 East Timor 29.00 million constant LCU compare
- 186 Bermuda 27.65 million constant LCU compare
- 188 Turks and Caicos Islands 7.01 million constant LCU compare
- 189 Marshall Islands 3.33 million constant LCU compare
- 190 Palau 3.03 million constant 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 manufacturing, value added in Kiribati?
- Manufacturing, value added in Kiribati was 16.53 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Kiribati?
- The highest recorded value was 16.53 million constant LCU in 2024.
- What is the lowest manufacturing, value added recorded in Kiribati?
- The lowest recorded value was 3.48 million constant LCU in 1979.
- How does Kiribati rank for manufacturing, value added?
- Kiribati ranks 187th out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Kiribati?
- Over the last ten years it is up 53.2%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 varies by country. This series is expressed in local currency units.