Kiribati vs Latin America & the Caribbean (IDA & IBRD countries): Gross capital formation
Gross capital formation over time
- Kiribati
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Kiribati currently reports 29.9% against 19.2% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 10.7%.
That makes Kiribati's figure about 1.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 3 times across 19 shared years of data; in 2006 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Kiribati ranks 38th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 187 countries.
Across the 3 decades both report, Kiribati averaged higher in 2 and Latin America & the Caribbean (IDA & IBRD countries) in 1.
Head to head by decade
| Decade | Kiribati | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.7% | 21.2% | 5.5% | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 25.3% | 20.7% | 4.5% | Kiribati |
| 2020s | 22.1% | 19.5% | 2.6% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Kiribati or Latin America & the Caribbean (IDA & IBRD countries)?
- Kiribati, at 29.9% against 19.2% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in gross capital formation between Kiribati and Latin America & the Caribbean (IDA & IBRD countries)?
- 10.7%, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Latin America & the Caribbean (IDA & IBRD countries)?
- 19 years are reported by both, from 2006 to 2024.
- How do Kiribati and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross capital formation?
- Kiribati ranks 38th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.