Kiribati vs Sub-Saharan Africa: Gross fixed capital formation
Gross fixed capital formation over time
- Kiribati
- Sub-Saharan Africa
How they compare
Kiribati currently reports 29.0% against 23.0% in Sub-Saharan Africa, a difference of 6.0%.
That makes Kiribati's figure about 1.3 times Sub-Saharan Africa's.
The two have swapped places 3 times across 19 shared years of data; in 2006 it was Sub-Saharan Africa ahead.
Kiribati ranks 27th and Sub-Saharan Africa ranks 24th of 181 countries.
Across the 3 decades both report, Kiribati averaged higher in 2 and Sub-Saharan Africa in 1.
Head to head by decade
| Decade | Kiribati | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.6% | 23.6% | 8.0% | Sub-Saharan Africa |
| 2010s | 24.7% | 23.4% | 1.3% | Kiribati |
| 2020s | 21.6% | 21.1% | 0.5% | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Kiribati or Sub-Saharan Africa?
- Kiribati, at 29.0% against 23.0% in Sub-Saharan Africa as of 2024.
- What is the difference in gross fixed capital formation between Kiribati and Sub-Saharan Africa?
- 6.0%, with Kiribati ahead.
- How many years of comparable data are there for Kiribati and Sub-Saharan Africa?
- 19 years are reported by both, from 2006 to 2024.
- How do Kiribati and Sub-Saharan Africa rank globally for gross fixed capital formation?
- Kiribati ranks 27th and Sub-Saharan Africa ranks 24th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed 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 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 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.