Gross fixed capital formation in Kiribati
Kiribati: Gross fixed capital formation was 99.64 million current US$ in 2024. ▲ Rising
Gross fixed capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kiribati recorded 99.64 million current US$ for gross fixed capital formation in 2024. That is the highest value across all 19 years on record.
The figure is up 38.4% on the previous year and up 77.0% over ten years.
Over the whole period, gross fixed capital formation in Kiribati peaked at 99.64 million current US$ in 2024 and was at its lowest, 17.65 million current US$, in 2006.
Kiribati ranks 178th of 180 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.98 million current US$ | 17.65 million current US$ | 24.73 million current US$ | 4 |
| 2010s | 50.35 million current US$ | 25.90 million current US$ | 73.86 million current US$ | 10 |
| 2020s | 62.78 million current US$ | 32.26 million current US$ | 99.64 million current US$ | 5 |
Countries ranked near Kiribati
- 175 Comoros 214.98 million current US$ compare
- 176 Tonga 169.33 million current US$ compare
- 177 Palau 115.22 million current US$ compare
- 179 Sao Tome and Principe 85.07 million current US$ compare
- 180 Marshall Islands 65.14 million current 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 150.99 million current LCU (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 99.64 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Kiribati?
- The highest recorded value was 99.64 million current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Kiribati?
- The lowest recorded value was 17.65 million current US$ 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 77.0%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.