Gross capital formation (constant 2015 US$), annual growth rate (2015) in Kiribati
Kiribati: Gross capital formation (constant 2015 US$), annual growth rate (2015) was 32.07 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Kiribati, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (constant 2015 us$), annual growth rate in Kiribati is 32.07 % change on previous year, measured in 2024.
Compared with earlier readings it is down 9.0% on the previous year and up 809.4% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Kiribati peaked at 53.87 % change on previous year in 2012 and was at its lowest, -24.99 % change on previous year, in 2018.
That places Kiribati 8th out of 163 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate (2015) in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 3.9 % change on previous year | — |
| 2008 | -14.69 % change on previous year | -476.9% |
| 2009 | 16.67 % change on previous year | -213.5% |
| 2010 | -5.46 % change on previous year | -132.8% |
| 2011 | 27.79 % change on previous year | -608.5% |
| 2012 | 53.87 % change on previous year | +93.9% |
| 2013 | 20.54 % change on previous year | -61.9% |
| 2014 | -4.52 % change on previous year | -122.0% |
| 2015 | 48.9 % change on previous year | -1181.7% |
| 2016 | -15 % change on previous year | -130.7% |
| 2017 | -5.85 % change on previous year | -61.0% |
| 2018 | -24.99 % change on previous year | +326.9% |
| 2019 | -14.79 % change on previous year | -40.8% |
| 2020 | -7.26 % change on previous year | -50.9% |
| 2021 | 39.98 % change on previous year | -650.3% |
| 2022 | 10.62 % change on previous year | -73.4% |
| 2023 | 35.26 % change on previous year | +231.9% |
| 2024 | 32.07 % change on previous year | -9.0% |
Kiribati compared with similar countries
- Kiribati's 32.07 % change on previous year is above the median for lower middle income countries, which is 5.58 % change on previous year, 5.7× the median. (42 countries reporting)
- Kiribati's 32.07 % change on previous year is above the median for East Asia & Pacific, which is 4.08 % change on previous year, 7.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.96 % change on previous year | -14.69 % change on previous year | 16.67 % change on previous year | 3 |
| 2010s | 8.05 % change on previous year | -24.99 % change on previous year | 53.87 % change on previous year | 10 |
| 2020s | 22.13 % change on previous year | -7.26 % change on previous year | 39.98 % change on previous year | 5 |
Countries ranked near Kiribati
- 5 Ireland 39.84 % change on previous year compare
- 6 El Salvador 34.55 % change on previous year compare
- 7 East Timor 32.18 % change on previous year compare
- 9 Guinea 26.83 % change on previous year compare
- 10 Paraguay 23.34 % change on previous year compare
- 11 Sao Tome and Principe 21.93 % change on previous year compare
More economy & growth data for Kiribati
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0384 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Kiribati?
- Gross capital formation (constant 2015 us$), annual growth rate in Kiribati was 32.07 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Kiribati?
- The highest recorded value was 53.87 % change on previous year in 2012.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Kiribati?
- The lowest recorded value was -24.99 % change on previous year in 2018.
- How does Kiribati rank for gross capital formation (constant 2015 us$), annual growth rate?
- Kiribati ranks 8th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 809.4%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.