Manufacturing, value added in Kiribati
Kiribati: Manufacturing, value added was 22.07 million current LCU in 2024. ◆ Volatile
Manufacturing, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Kiribati stood at 22.07 million current LCU. That is the highest value across all 46 years on record.
That represents a change of up 4.6% on the previous year and up 92.6% over ten years.
Over the whole period, manufacturing, value added in Kiribati peaked at 22.07 million current LCU in 2024 and was at its lowest, 2.96 million current LCU, in 1979.
Kiribati ranks 198th of 204 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 | 2.96 million current LCU | 2.96 million current LCU | 2.96 million current LCU | 1 |
| 1980s | 3.48 million current LCU | 3.11 million current LCU | 3.84 million current LCU | 10 |
| 1990s | 4.59 million current LCU | 4.07 million current LCU | 5.58 million current LCU | 10 |
| 2000s | 7.04 million current LCU | 5.70 million current LCU | 9.15 million current LCU | 10 |
| 2010s | 12.73 million current LCU | 10.47 million current LCU | 17.10 million current LCU | 10 |
| 2020s | 20.03 million current LCU | 17.52 million current LCU | 22.07 million current LCU | 5 |
Countries ranked near Kiribati
- 195 East Timor 35.45 million current LCU compare
- 196 Bermuda 28.52 million current LCU compare
- 197 Sint Maarten (Dutch part) 28.35 million current LCU compare
- 199 Marshall Islands 9.04 million current LCU compare
- 200 Turks and Caicos Islands 7.80 million current LCU compare
- 201 Palau 3.89 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 manufacturing, value added in Kiribati?
- Manufacturing, value added in Kiribati was 22.07 million current 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 22.07 million current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Kiribati?
- The lowest recorded value was 2.96 million current LCU in 1979.
- How does Kiribati rank for manufacturing, value added?
- Kiribati ranks 198th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Kiribati?
- Over the last ten years it is up 92.6%. 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 Manufacturing, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.