Gross fixed capital formation in Kiribati
Kiribati: Gross fixed capital formation was 150.99 million current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Kiribati recorded 150.99 million current LCU for gross fixed capital formation in 2024. That is the highest value across all 19 years on record.
The figure is up 39.4% on the previous year and up 141.7% over ten years.
Over the whole period, gross fixed capital formation in Kiribati peaked at 150.99 million current LCU in 2024 and was at its lowest, 23.44 million current LCU, in 2006.
That places Kiribati 178th out of 180 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.19 million current LCU | 23.44 million current LCU | 31.71 million current LCU | 4 |
| 2010s | 60.42 million current LCU | 28.24 million current LCU | 98.31 million current LCU | 10 |
| 2020s | 91.87 million current LCU | 46.87 million current LCU | 150.99 million current LCU | 5 |
Countries ranked near Kiribati
- 175 East Timor 503.86 million current LCU compare
- 176 Tonga 402.00 million current LCU compare
- 177 San Marino 316.53 million current LCU compare
- 179 Palau 115.22 million current LCU compare
- 180 Marshall Islands 65.14 million current LCU 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 fixed capital formation in Kiribati?
- Gross fixed capital formation in Kiribati was 150.99 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Kiribati?
- The highest recorded value was 150.99 million current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Kiribati?
- The lowest recorded value was 23.44 million current LCU in 2006.
- How does Kiribati rank for gross fixed capital formation?
- Kiribati ranks 178th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Kiribati?
- Over the last ten years it is up 141.7%. The long-run trend across the full record is volatile.
- 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.