Kiribati - Services, value added (current LCU)

The value for Services, value added (current LCU) in Kiribati was 171,374,200 as of 2019. As the graph below shows, over the past 41 years this indicator reached a maximum value of 171,374,200 in 2019 and a minimum value of 8,700,000 in 1978.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial 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 8,700,000
1979 12,273,000
1980 16,456,000
1981 16,135,000
1982 19,179,000
1983 20,632,000
1984 14,634,000
1985 15,335,000
1986 17,083,000
1987 18,325,000
1988 20,724,000
1989 20,834,000
1990 22,529,000
1991 34,566,300
1992 38,731,400
1993 39,991,000
1994 44,268,000
1995 45,076,900
1996 51,829,000
1997 56,371,000
1998 63,297,900
1999 65,707,000
2000 67,613,300
2001 72,554,900
2002 76,790,000
2003 80,164,700
2004 79,225,700
2005 86,850,100
2006 95,381,100
2007 98,985,200
2008 105,970,800
2009 104,797,700
2010 108,151,400
2011 108,559,800
2012 112,188,700
2013 116,557,000
2014 122,929,600
2015 138,276,400
2016 148,185,100
2017 154,694,500
2018 167,507,600
2019 171,374,200

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