Kiribati - Services

Financial intermediary services indirectly Measured (FISIM) (current LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (current LCU) in Kiribati was 8,129,192 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 9,113,227 in 2018 and a minimum value of 5,380,595 in 2013.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2006 5,623,900
2007 5,794,400
2008 6,504,000
2009 7,525,085
2010 6,745,600
2011 5,786,869
2012 5,930,170
2013 5,380,595
2014 5,672,925
2015 7,041,455
2016 6,893,773
2017 8,380,576
2018 9,113,227
2019 8,129,192

Financial intermediary services indirectly Measured (FISIM) (constant LCU)

The value for Financial intermediary services indirectly Measured (FISIM) (constant LCU) in Kiribati was 6,700,869 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 7,557,435 in 2018 and a minimum value of 4,208,704 in 2013.

Definition: Financial intermediation services indirectly measured (FISIM) is an indirect measure of the value of financial intermediation services (i.e. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. Although the 1993 SNA recommends that the FISIM are allocated as intermediate and final consumption to the users, many countries still make a global (negative) adjustment to the sum of gross value added.

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

Year Value
2006 5,623,900
2007 5,570,500
2008 5,481,000
2009 5,918,556
2010 5,354,777
2011 4,291,008
2012 4,651,413
2013 4,208,704
2014 4,353,566
2015 5,682,379
2016 5,400,812
2017 6,862,313
2018 7,557,435
2019 6,700,869

Services, value added (current US$)

The latest value for Services, value added (current US$) in Kiribati was $119,133,900 as of 2019. Over the past 41 years, the value for this indicator has fluctuated between $125,155,100 in 2018 and $9,957,651 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 U.S. dollars.

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

See also:

Year Value
1978 $9,957,651
1979 $13,718,980
1980 $18,738,330
1981 $18,541,710
1982 $19,453,290
1983 $18,587,390
1984 $12,842,480
1985 $10,709,550
1986 $11,419,120
1987 $12,830,840
1988 $16,191,890
1989 $16,474,780
1990 $17,585,670
1991 $26,924,990
1992 $28,445,510
1993 $27,193,660
1994 $32,364,380
1995 $33,415,050
1996 $40,557,950
1997 $41,836,870
1998 $39,764,980
1999 $42,391,610
2000 $39,200,660
2001 $37,527,100
2002 $41,720,090
2003 $51,990,860
2004 $58,262,760
2005 $66,323,100
2006 $71,823,120
2007 $82,825,870
2008 $88,886,760
2009 $81,732,710
2010 $99,203,310
2011 $111,975,100
2012 $116,161,500
2013 $112,528,500
2014 $110,807,300
2015 $103,881,300
2016 $110,158,400
2017 $118,558,000
2018 $125,155,100
2019 $119,133,900

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

Services, value added (constant 2010 US$)

The latest value for Services, value added (constant 2010 US$) in Kiribati was 122,682,900 as of 2019. Over the past 37 years, the value for this indicator has fluctuated between 122,682,900 in 2019 and 34,103,730 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, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 or 4. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
1982 42,152,960
1983 44,501,460
1984 34,103,730
1985 34,726,480
1986 38,205,760
1987 36,847,060
1988 41,424,040
1989 39,251,270
1990 42,069,500
1991 45,000,710
1992 47,043,960
1993 48,666,800
1994 53,119,770
1995 48,990,880
1996 58,220,900
1997 62,676,690
1998 68,692,180
1999 69,907,840
2000 70,861,130
2001 74,422,440
2002 74,857,480
2003 78,921,840
2004 81,340,010
2005 86,127,010
2006 89,467,610
2007 90,467,890
2008 91,953,680
2009 93,700,460
2010 93,589,030
2011 92,568,490
2012 94,726,040
2013 97,203,580
2014 96,915,350
2015 103,881,300
2016 110,770,600
2017 114,607,500
2018 116,248,000
2019 122,682,900

Services, value added (annual % growth)

The value for Services, value added (annual % growth) in Kiribati was 5.54 as of 2019. As the graph below shows, over the past 36 years this indicator reached a maximum value of 18.84 in 1996 and a minimum value of -23.36 in 1984.

Definition: Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 or 4.

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

See also:

Year Value
1983 5.57
1984 -23.36
1985 1.83
1986 10.02
1987 -3.56
1988 12.42
1989 -5.25
1990 7.18
1991 6.97
1992 4.54
1993 3.45
1994 9.15
1995 -7.77
1996 18.84
1997 7.65
1998 9.60
1999 1.77
2000 1.36
2001 5.03
2002 0.58
2003 5.43
2004 3.06
2005 5.89
2006 3.88
2007 1.12
2008 1.64
2009 1.90
2010 -0.12
2011 -1.09
2012 2.33
2013 2.62
2014 -0.30
2015 7.19
2016 6.63
2017 3.46
2018 1.43
2019 5.54

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

Services, value added (% of GDP)

Services, value added (% of GDP) in Kiribati was 63.24 as of 2019. Its highest value over the past 41 years was 65.15 in 2006, while its lowest value was 22.03 in 1978.

Definition: Services correspond to ISIC divisions 50-99 and 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, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 or 4.

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

See also:

Year Value
1978 22.03
1979 32.19
1980 48.40
1981 44.82
1982 47.95
1983 49.12
1984 31.14
1985 33.34
1986 35.59
1987 38.18
1988 37.68
1989 40.07
1990 44.17
1991 56.67
1992 59.59
1993 57.96
1994 59.02
1995 59.31
1996 60.98
1997 61.95
1998 60.86
1999 61.41
2000 58.29
2001 59.47
2002 57.79
2003 57.62
2004 56.92
2005 59.15
2006 65.15
2007 62.43
2008 63.02
2009 61.72
2010 63.54
2011 61.62
2012 61.06
2013 60.79
2014 61.66
2015 60.71
2016 61.77
2017 63.31
2018 62.53
2019 63.24

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts