Annual growth of the gross capital formation (%) in Kiribati
Kiribati: Annual growth of the gross capital formation (%) was 37.3% in 2023. ◆ Volatile
Latest (2023)
37.3%
Change on year
up 249.7%
World rank
6th
of 175 countries
All-time high
53.9%
in 2012
All-time low
-25.0%
in 2018
Years of data
17
2007–2023
Annual growth of the gross capital formation in Kiribati, 2007–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Kiribati recorded 37.3% for annual growth of the gross capital formation in 2023.
The figure is up 249.7% on the previous year and up 81.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Kiribati peaked at 53.9% in 2012 and was at its lowest, -25.0%, in 2018.
Kiribati ranks 6th of 175 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Kiribati, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 3.9% | — |
| 2008 | -14.7% | -476.9% |
| 2009 | 16.7% | -213.5% |
| 2010 | -5.5% | -132.8% |
| 2011 | 27.8% | -608.5% |
| 2012 | 53.9% | +93.9% |
| 2013 | 20.5% | -61.9% |
| 2014 | -4.5% | -122.0% |
| 2015 | 48.9% | -1181.6% |
| 2016 | -15.0% | -130.7% |
| 2017 | -5.9% | -61.0% |
| 2018 | -25.0% | +326.9% |
| 2019 | -14.8% | -40.8% |
| 2020 | -7.3% | -50.9% |
| 2021 | 40.0% | -650.2% |
| 2022 | 10.7% | -73.3% |
| 2023 | 37.3% | +249.7% |
Kiribati compared with similar countries
- Kiribati's 37.3% is above the median for lower middle income countries, which is 2.8%, 13.1× the median. (38 countries reporting)
- Kiribati's 37.3% is above the median for East Asia & Pacific, which is 3.1%, 12.0× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.0% | -14.7% | 16.7% | 3 |
| 2010s | 8.0% | -25.0% | 53.9% | 10 |
| 2020s | 20.2% | -7.3% | 40.0% | 4 |
Countries ranked near Kiribati
- 3 Guinea 49.4% compare
- 4 Chad 46.3% compare
- 5 Togo 42.2% compare
- 7 Timor-Leste 32.2% compare
- 7 East Timor 32.2% compare
- 9 Guinea-Bissau 30.6% compare
More economy & growth data for Kiribati
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 147.57 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0313 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0421 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 107.75 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Kiribati?
- Annual growth of the gross capital formation in Kiribati was 37.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Kiribati?
- The highest recorded value was 53.9% in 2012.
- What is the lowest annual growth of the gross capital formation recorded in Kiribati?
- The lowest recorded value was -25.0% in 2018.
- How does Kiribati rank for annual growth of the gross capital formation?
- Kiribati ranks 6th out of 175 countries with data for 2023.
- Is annual growth of the gross capital formation rising or falling in Kiribati?
- Over the last ten years it is up 81.9%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).