Gross capital formation (current LCU), per unit of GDP (current unit) in Kiribati
Kiribati: Gross capital formation (current LCU), per unit of GDP (current unit) was 0.4533 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in Kiribati, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kiribati recorded 0.4533 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2024.
That represents a change of up 21.7% on the previous year and up 42.6% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Kiribati peaked at 0.5027 current LCU per US$ of GDP in 2015 and was at its lowest, 0.1684 current LCU per US$ of GDP, in 2008.
Kiribati ranks 135th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Gross capital formation (current LCU), per unit of GDP (current unit) in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.2092 current LCU per US$ of GDP | — |
| 2007 | 0.1836 current LCU per US$ of GDP | -12.2% |
| 2008 | 0.1684 current LCU per US$ of GDP | -8.3% |
| 2009 | 0.2253 current LCU per US$ of GDP | +33.8% |
| 2010 | 0.1735 current LCU per US$ of GDP | -23.0% |
| 2011 | 0.1887 current LCU per US$ of GDP | +8.7% |
| 2012 | 0.2678 current LCU per US$ of GDP | +41.9% |
| 2013 | 0.325 current LCU per US$ of GDP | +21.4% |
| 2014 | 0.3179 current LCU per US$ of GDP | -2.2% |
| 2015 | 0.5027 current LCU per US$ of GDP | +58.1% |
| 2016 | 0.4031 current LCU per US$ of GDP | -19.8% |
| 2017 | 0.3523 current LCU per US$ of GDP | -12.6% |
| 2018 | 0.2535 current LCU per US$ of GDP | -28.0% |
| 2019 | 0.2289 current LCU per US$ of GDP | -9.7% |
| 2020 | 0.2136 current LCU per US$ of GDP | -6.7% |
| 2021 | 0.2365 current LCU per US$ of GDP | +10.7% |
| 2022 | 0.3356 current LCU per US$ of GDP | +41.9% |
| 2023 | 0.3724 current LCU per US$ of GDP | +11.0% |
| 2024 | 0.4533 current LCU per US$ of GDP | +21.7% |
Kiribati compared with similar countries
- Kiribati's 0.4533 current LCU per US$ of GDP is below the median for lower middle income countries, which is 17.64 current LCU per US$ of GDP, 3% of the median. (45 countries reporting)
- Kiribati's 0.4533 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 1.43 current LCU per US$ of GDP, 32% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1966 current LCU per US$ of GDP | 0.1684 current LCU per US$ of GDP | 0.2253 current LCU per US$ of GDP | 4 |
| 2010s | 0.3014 current LCU per US$ of GDP | 0.1735 current LCU per US$ of GDP | 0.5027 current LCU per US$ of GDP | 10 |
| 2020s | 0.3223 current LCU per US$ of GDP | 0.2136 current LCU per US$ of GDP | 0.4533 current LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 132 Fiji 0.4733 current LCU per US$ of GDP compare
- 133 Aruba 0.4608 current LCU per US$ of GDP compare
- 134 Tunisia 0.4564 current LCU per US$ of GDP compare
- 136 Belize 0.3958 current LCU per US$ of GDP compare
- 137 New Zealand 0.3816 current LCU per US$ of GDP compare
- 138 Australia 0.3779 current LCU per US$ of GDP 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), per unit of gdp in Kiribati?
- Gross capital formation (current lcu), per unit of gdp in Kiribati was 0.4533 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.5027 current LCU per US$ of GDP in 2015.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was 0.1684 current LCU per US$ of GDP in 2008.
- How does Kiribati rank for gross capital formation (current lcu), per unit of gdp?
- Kiribati ranks 135th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is up 42.6%. The long-run trend across the full record is rising.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.