Kiribati - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Kiribati was 17,755,020 as of 2019. As the graph below shows, over the past 41 years this indicator reached a maximum value of 35,250,480 in 2016 and a minimum value of 1,666,000 in 1984.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1978 21,200,000
1979 17,212,000
1980 2,113,000
1981 2,371,000
1982 2,440,000
1983 2,661,000
1984 1,666,000
1985 1,977,000
1986 2,332,000
1987 2,426,000
1988 1,989,000
1989 2,208,000
1990 2,316,000
1991 6,829,500
1992 5,875,400
1993 6,594,300
1994 6,501,300
1995 6,600,500
1996 6,992,900
1997 6,937,200
1998 10,809,600
1999 12,408,000
2000 12,172,300
2001 12,753,800
2002 12,221,800
2003 12,283,900
2004 11,059,600
2005 9,909,600
2006 14,568,000
2007 16,647,000
2008 18,327,000
2009 17,545,970
2010 20,191,180
2011 22,596,680
2012 25,052,960
2013 27,750,420
2014 28,688,090
2015 34,672,400
2016 35,250,480
2017 30,510,660
2018 33,701,910
2019 17,755,020

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts