Gross capital formation (constant 2015 US$) in Kiribati
Kiribati: Gross capital formation (constant 2015 US$) was 94.93 million constant 2015 US$ in 2024. ▲ Rising
Gross capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kiribati recorded 94.93 million constant 2015 US$ for gross capital formation in 2024. That is the highest value across all 19 years on record.
That represents a change of up 32.1% on the previous year and up 95.4% over ten years.
Over the whole period, gross capital formation in Kiribati peaked at 94.93 million constant 2015 US$ in 2024 and was at its lowest, 19.47 million constant 2015 US$, in 2008.
That places Kiribati 158th out of 163 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross capital formation (constant 2015 US$) in Kiribati, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 21.96 million constant 2015 US$ | — |
| 2007 | 22.82 million constant 2015 US$ | +3.9% |
| 2008 | 19.47 million constant 2015 US$ | -14.7% |
| 2009 | 22.71 million constant 2015 US$ | +16.7% |
| 2010 | 21.47 million constant 2015 US$ | -5.5% |
| 2011 | 27.44 million constant 2015 US$ | +27.8% |
| 2012 | 42.22 million constant 2015 US$ | +53.9% |
| 2013 | 50.89 million constant 2015 US$ | +20.5% |
| 2014 | 48.59 million constant 2015 US$ | -4.5% |
| 2015 | 72.35 million constant 2015 US$ | +48.9% |
| 2016 | 61.50 million constant 2015 US$ | -15.0% |
| 2017 | 57.90 million constant 2015 US$ | -5.9% |
| 2018 | 43.43 million constant 2015 US$ | -25.0% |
| 2019 | 37.01 million constant 2015 US$ | -14.8% |
| 2020 | 34.32 million constant 2015 US$ | -7.3% |
| 2021 | 48.04 million constant 2015 US$ | +40.0% |
| 2022 | 53.14 million constant 2015 US$ | +10.6% |
| 2023 | 71.87 million constant 2015 US$ | +35.3% |
| 2024 | 94.93 million constant 2015 US$ | +32.1% |
Kiribati compared with similar countries
- Kiribati's 94.93 million constant 2015 US$ is below the median for lower middle income countries, which is 5.34 billion constant 2015 US$, 2% of the median. (42 countries reporting)
- Kiribati's 94.93 million constant 2015 US$ is below the median for East Asia & Pacific, which is 6.48 billion constant 2015 US$, 1% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.74 million constant 2015 US$ | 19.47 million constant 2015 US$ | 22.82 million constant 2015 US$ | 4 |
| 2010s | 46.28 million constant 2015 US$ | 21.47 million constant 2015 US$ | 72.35 million constant 2015 US$ | 10 |
| 2020s | 60.46 million constant 2015 US$ | 34.32 million constant 2015 US$ | 94.93 million constant 2015 US$ | 5 |
Countries ranked near Kiribati
- 155 San Marino 250.60 million constant 2015 US$ compare
- 156 Comoros 160.36 million constant 2015 US$ compare
- 157 Tonga 150.61 million constant 2015 US$ compare
- 159 Lebanon 89.93 million constant 2015 US$ compare
- 160 Palau 85.63 million constant 2015 US$ compare
- 161 Marshall Islands 56.43 million constant 2015 US$ 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 in Kiribati?
- Gross capital formation in Kiribati was 94.93 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Kiribati?
- The highest recorded value was 94.93 million constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Kiribati?
- The lowest recorded value was 19.47 million constant 2015 US$ in 2008.
- How does Kiribati rank for gross capital formation?
- Kiribati ranks 158th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Kiribati?
- Over the last ten years it is up 95.4%. 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 Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.