Kiribati vs Palau: Gross fixed capital formation
Gross fixed capital formation over time
- Kiribati
- Palau
How they compare
Kiribati currently reports 122.32 million constant LCU against 90.52 million constant LCU in Palau, a difference of 31.80 million constant LCU.
That makes Kiribati's figure about 1.4 times Palau's.
The two have swapped places 5 times across 19 shared years of data; in 2006 it was Palau ahead.
Globally, Kiribati ranks 164th and Palau ranks 166th of 167 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 varies by country. This series is expressed in local currency units.