Kiribati vs Vanuatu: Gross fixed capital formation
Gross fixed capital formation over time
- Kiribati
- Vanuatu
How they compare
Vanuatu currently reports 280.36 million constant 2015 US$ against 90.99 million constant 2015 US$ in Kiribati, a difference of 189.37 million constant 2015 US$.
That makes Vanuatu's figure about 3.1 times Kiribati's.
Across all 19 years both countries report, Vanuatu has been ahead every year.
Globally, Kiribati ranks 156th and Vanuatu ranks 153rd of 160 countries.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.