Gross capital formation in Kiribati
Kiribati: Gross capital formation was 102.65 million current US$ in 2024. ▲ Rising
Gross capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Kiribati recorded 102.65 million current US$ for gross capital formation in 2024. That is the highest value across all 19 years on record.
That represents a change of up 42.2% on the previous year and up 78.8% over ten years.
Over the whole period, gross capital formation in Kiribati peaked at 102.65 million current US$ in 2024 and was at its lowest, 17.70 million current US$, in 2006.
Kiribati ranks 183rd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross capital formation in Kiribati, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 17.70 million current US$ | — |
| 2007 | 21.21 million current US$ | +19.9% |
| 2008 | 20.77 million current US$ | -2.1% |
| 2009 | 24.63 million current US$ | +18.6% |
| 2010 | 26.33 million current US$ | +6.9% |
| 2011 | 38.14 million current US$ | +44.8% |
| 2012 | 57.39 million current US$ | +50.5% |
| 2013 | 63.30 million current US$ | +10.3% |
| 2014 | 57.40 million current US$ | -9.3% |
| 2015 | 72.35 million current US$ | +26.0% |
| 2016 | 61.87 million current US$ | -14.5% |
| 2017 | 60.22 million current US$ | -2.7% |
| 2018 | 44.30 million current US$ | -26.4% |
| 2019 | 34.52 million current US$ | -22.1% |
| 2020 | 32.47 million current US$ | -5.9% |
| 2021 | 50.71 million current US$ | +56.2% |
| 2022 | 63.13 million current US$ | +24.5% |
| 2023 | 72.17 million current US$ | +14.3% |
| 2024 | 102.65 million current US$ | +42.2% |
Kiribati compared with similar countries
- Kiribati's 102.65 million current US$ is below the median for lower middle income countries, which is 5.91 billion current US$, 2% of the median. (45 countries reporting)
- Kiribati's 102.65 million current US$ is below the median for East Asia & Pacific, which is 6.38 billion current US$, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.08 million current US$ | 17.70 million current US$ | 24.63 million current US$ | 4 |
| 2010s | 51.58 million current US$ | 26.33 million current US$ | 72.35 million current US$ | 10 |
| 2020s | 64.22 million current US$ | 32.47 million current US$ | 102.65 million current US$ | 5 |
Countries ranked near Kiribati
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Kiribati?
- Gross capital formation in Kiribati was 102.65 million current US$ 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 102.65 million current US$ in 2024.
- What is the lowest gross capital formation recorded in Kiribati?
- The lowest recorded value was 17.70 million current US$ in 2006.
- How does Kiribati rank for gross capital formation?
- Kiribati ranks 183rd out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Kiribati?
- Over the last ten years it is up 78.8%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.