Services, value added in Kiribati
Kiribati: Services, value added was 70.3% in 2024. ▬ Flat
Services, value added in Kiribati, 1979–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, services, value added in Kiribati stood at 70.3%.
That represents a change of up 4.5% on the previous year and up 16.3% over ten years.
Over the whole period, services, value added in Kiribati peaked at 75.9% in 1982 and was at its lowest, 49.8%, in 1993.
Kiribati ranks 35th of 205 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.7% | 61.7% | 61.7% | 1 |
| 1980s | 69.1% | 62.6% | 75.9% | 10 |
| 1990s | 57.5% | 49.8% | 72.3% | 10 |
| 2000s | 62.0% | 58.1% | 65.8% | 10 |
| 2010s | 61.7% | 60.1% | 67.0% | 10 |
| 2020s | 66.6% | 64.2% | 70.3% | 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 21.1% (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 services, value added in Kiribati?
- Services, value added in Kiribati was 70.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Kiribati?
- The highest recorded value was 75.9% in 1982.
- What is the lowest services, value added recorded in Kiribati?
- The lowest recorded value was 49.8% in 1993.
- How does Kiribati rank for services, value added?
- Kiribati ranks 35th out of 205 countries with data for 2024.
- Is services, value added rising or falling in Kiribati?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is flat.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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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 defence, 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.