Kiribati - Services, value added (constant LCU)

The value for Services, value added (constant LCU) in Kiribati was 130,791,800 as of 2019. As the graph below shows, over the past 37 years this indicator reached a maximum value of 130,791,800 in 2019 and a minimum value of 36,357,870 in 1984.

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 constant local currency.

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

Year Value
1982 44,939,120
1983 47,442,860
1984 36,357,870
1985 37,021,780
1986 40,731,020
1987 39,282,530
1988 44,162,030
1989 41,845,640
1990 44,850,150
1991 47,975,100
1992 50,153,400
1993 51,883,500
1994 56,630,800
1995 52,229,000
1996 62,069,100
1997 66,819,400
1998 73,232,500
1999 74,528,500
2000 75,544,800
2001 79,341,500
2002 79,805,300
2003 84,138,300
2004 86,716,300
2005 91,819,700
2006 95,381,100
2007 96,447,500
2008 98,031,500
2009 99,893,740
2010 99,774,940
2011 98,686,940
2012 100,987,100
2013 103,628,400
2014 103,321,100
2015 110,747,500
2016 118,092,200
2017 122,182,700
2018 123,931,600
2019 130,791,800

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