Gross capital formation (current LCU), annual growth rate (current) in Kiribati
Kiribati: Gross capital formation (current LCU), annual growth rate (current) was 43.2 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), 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 (current lcu), annual growth rate in Kiribati is 43.2 % change on previous year, measured in 2024.
The figure is up 123.1% on the previous year and up 1,600.7% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Kiribati peaked at 51.24 % change on previous year in 2015 and was at its lowest, -24.55 % change on previous year, in 2018.
That places Kiribati 15th out of 186 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 (current LCU), annual growth rate (current) in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 7.86 % change on previous year | — |
| 2008 | -2.34 % change on previous year | -129.8% |
| 2009 | 27.57 % change on previous year | -1278.0% |
| 2010 | -9.1 % change on previous year | -133.0% |
| 2011 | 28.79 % change on previous year | -416.4% |
| 2012 | 49.92 % change on previous year | +73.4% |
| 2013 | 18.28 % change on previous year | -63.4% |
| 2014 | -2.88 % change on previous year | -115.7% |
| 2015 | 51.24 % change on previous year | -1879.9% |
| 2016 | -13.58 % change on previous year | -126.5% |
| 2017 | -5.59 % change on previous year | -58.8% |
| 2018 | -24.55 % change on previous year | +339.0% |
| 2019 | -16.25 % change on previous year | -33.8% |
| 2020 | -4.98 % change on previous year | -69.3% |
| 2021 | 43.08 % change on previous year | -964.5% |
| 2022 | 34.82 % change on previous year | -19.2% |
| 2023 | 19.36 % change on previous year | -44.4% |
| 2024 | 43.2 % change on previous year | +123.1% |
Kiribati compared with similar countries
- Kiribati's 43.2 % change on previous year is above the median for lower middle income countries, which is 11.4 % change on previous year, 3.8× the median. (45 countries reporting)
- Kiribati's 43.2 % change on previous year is above the median for East Asia & Pacific, which is 4.28 % change on previous year, 10.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), annual growth rate (current) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +1879.9% | -2.88 % change on previous year | 51.24 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.03 % change on previous year | -2.34 % change on previous year | 27.57 % change on previous year | 3 |
| 2010s | 7.63 % change on previous year | -24.55 % change on previous year | 51.24 % change on previous year | 10 |
| 2020s | 27.1 % change on previous year | -4.98 % change on previous year | 43.2 % change on previous year | 5 |
Countries ranked near Kiribati
- 12 Argentina 47.69 % change on previous year compare
- 13 Turkey 45.65 % change on previous year compare
- 14 Guyana 44.92 % change on previous year
- 16 Sao Tome and Principe 42.84 % change on previous year compare
- 17 Ireland 42.61 % change on previous year compare
- 18 El Salvador 37.72 % 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 (current lcu), annual growth rate in Kiribati?
- Gross capital formation (current lcu), annual growth rate in Kiribati was 43.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Kiribati?
- The highest recorded value was 51.24 % change on previous year in 2015.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Kiribati?
- The lowest recorded value was -24.55 % change on previous year in 2018.
- How does Kiribati rank for gross capital formation (current lcu), annual growth rate?
- Kiribati ranks 15th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 1,600.7%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.