Gross capital formation in Kiribati
Kiribati: Gross capital formation was 94.93 million constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kiribati recorded 94.93 million constant 2015 US$ for gross capital formation in 2024. That is the highest value across all 19 years on record.
That represents a change of up 32.1% on the previous year and up 95.4% over ten years.
Over the whole period, gross capital formation in Kiribati peaked at 94.93 million constant 2015 US$ in 2024 and was at its lowest, 19.47 million constant 2015 US$, in 2008.
That places Kiribati 157th out of 162 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.74 million constant 2015 US$ | 19.47 million constant 2015 US$ | 22.82 million constant 2015 US$ | 4 |
| 2010s | 46.28 million constant 2015 US$ | 21.47 million constant 2015 US$ | 72.35 million constant 2015 US$ | 10 |
| 2020s | 60.46 million constant 2015 US$ | 34.32 million constant 2015 US$ | 94.93 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 154 San Marino 250.60 million constant 2015 US$ compare
- 155 Comoros 160.36 million constant 2015 US$ compare
- 156 Tonga 150.61 million constant 2015 US$ compare
- 158 Lebanon 89.93 million constant 2015 US$ compare
- 159 Palau 85.63 million constant 2015 US$ compare
- 160 Marshall Islands 56.43 million constant 2015 US$ compare
More economy & growth data for Kiribati
- Exports of goods and services 23.48 million current LCU (2024)
- Industry (including construction), value added 47.82 million constant LCU (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 21.1% (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
- Exports of goods and services 4.5% (2024)
Frequently asked questions
- What is gross capital formation in Kiribati?
- Gross capital formation in Kiribati was 94.93 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Kiribati?
- The highest recorded value was 94.93 million constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Kiribati?
- The lowest recorded value was 19.47 million constant 2015 US$ in 2008.
- How does Kiribati rank for gross capital formation?
- Kiribati ranks 157th out of 162 countries with data for 2024.
- Is gross capital formation rising or falling in Kiribati?
- Over the last ten years it is up 95.4%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.