Gross capital formation in Kiribati
Kiribati: Gross capital formation was 102.65 million current US$ in 2024. ▲ Rising
Gross capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Kiribati recorded 102.65 million current US$ for gross capital formation in 2024. That is the highest value across all 19 years on record.
That represents a change of up 42.2% on the previous year and up 78.8% over ten years.
Over the whole period, gross capital formation in Kiribati peaked at 102.65 million current US$ in 2024 and was at its lowest, 17.70 million current US$, in 2006.
Kiribati ranks 182nd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.08 million current US$ | 17.70 million current US$ | 24.63 million current US$ | 4 |
| 2010s | 51.58 million current US$ | 26.33 million current US$ | 72.35 million current US$ | 10 |
| 2020s | 64.22 million current US$ | 32.47 million current US$ | 102.65 million current US$ | 5 |
Countries ranked near Kiribati
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 102.65 million current 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 102.65 million current US$ in 2024.
- What is the lowest gross capital formation recorded in Kiribati?
- The lowest recorded value was 17.70 million current US$ in 2006.
- How does Kiribati rank for gross capital formation?
- Kiribati ranks 182nd out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Kiribati?
- Over the last ten years it is up 78.8%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.