Kiribati - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Kiribati was 22,748,940 as of 2019. As the graph below shows, over the past 37 years this indicator reached a maximum value of 25,962,390 in 2015 and a minimum value of 4,937,500 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 constant local currency.

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

Year Value
1982 9,074,300
1983 9,310,500
1984 4,937,500
1985 6,058,600
1986 7,787,700
1987 6,590,600
1988 5,309,400
1989 6,289,300
1990 6,368,000
1991 8,387,500
1992 6,409,600
1993 6,415,500
1994 6,841,700
1995 6,842,100
1996 6,806,200
1997 7,139,000
1998 11,298,100
1999 12,470,600
2000 13,835,200
2001 12,799,800
2002 11,605,900
2003 11,681,400
2004 10,735,400
2005 10,386,700
2006 14,568,200
2007 14,595,100
2008 13,230,000
2009 13,152,440
2010 14,405,460
2011 15,300,330
2012 18,599,080
2013 21,569,040
2014 21,005,480
2015 25,962,390
2016 25,333,410
2017 21,496,670
2018 23,243,070
2019 22,748,940

Base Period: varies by country

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