Gross fixed capital formation (current LCU), per unit of GDP in Kiribati
Kiribati: Gross fixed capital formation (current LCU), per unit of GDP was 0.44 current LCU per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in Kiribati, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current lcu), per unit of gdp in Kiribati stood at 0.44 current LCU per US$ of GDP.
That represents a change of up 18.5% on the previous year and up 41.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Kiribati peaked at 0.5132 current LCU per US$ of GDP in 2015 and was at its lowest, 0.1646 current LCU per US$ of GDP, in 2008.
Kiribati ranks 130th of 181 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 fixed capital formation (current LCU), per unit of GDP in Kiribati, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.2086 current LCU per US$ of GDP | — |
| 2007 | 0.184 current LCU per US$ of GDP | -11.8% |
| 2008 | 0.1646 current LCU per US$ of GDP | -10.6% |
| 2009 | 0.2262 current LCU per US$ of GDP | +37.5% |
| 2010 | 0.1707 current LCU per US$ of GDP | -24.5% |
| 2011 | 0.1885 current LCU per US$ of GDP | +10.4% |
| 2012 | 0.2437 current LCU per US$ of GDP | +29.3% |
| 2013 | 0.3098 current LCU per US$ of GDP | +27.1% |
| 2014 | 0.3119 current LCU per US$ of GDP | +0.7% |
| 2015 | 0.5132 current LCU per US$ of GDP | +64.6% |
| 2016 | 0.411 current LCU per US$ of GDP | -19.9% |
| 2017 | 0.3319 current LCU per US$ of GDP | -19.2% |
| 2018 | 0.2448 current LCU per US$ of GDP | -26.2% |
| 2019 | 0.2267 current LCU per US$ of GDP | -7.4% |
| 2020 | 0.2122 current LCU per US$ of GDP | -6.4% |
| 2021 | 0.2317 current LCU per US$ of GDP | +9.2% |
| 2022 | 0.3209 current LCU per US$ of GDP | +38.5% |
| 2023 | 0.3714 current LCU per US$ of GDP | +15.7% |
| 2024 | 0.44 current LCU per US$ of GDP | +18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1959 current LCU per US$ of GDP | 0.1646 current LCU per US$ of GDP | 0.2262 current LCU per US$ of GDP | 4 |
| 2010s | 0.2952 current LCU per US$ of GDP | 0.1707 current LCU per US$ of GDP | 0.5132 current LCU per US$ of GDP | 10 |
| 2020s | 0.3152 current LCU per US$ of GDP | 0.2122 current LCU per US$ of GDP | 0.44 current LCU per US$ of GDP | 5 |
Countries ranked near Kiribati
- 127 Tunisia 0.4727 current LCU per US$ of GDP compare
- 128 Fiji 0.4557 current LCU per US$ of GDP compare
- 129 Bosnia and Herzegovina 0.4404 current LCU per US$ of GDP compare
- 131 Belize 0.4227 current LCU per US$ of GDP compare
- 132 New Zealand 0.3862 current LCU per US$ of GDP compare
- 133 Australia 0.3759 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)
- Exports of goods and services (current LCU), annual growth rate -8.69 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.0684 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 174.57 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -20.88 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0338 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 86.35 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 38.45 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.2904 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Kiribati?
- Gross fixed capital formation (current lcu), per unit of gdp in Kiribati was 0.44 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.5132 current LCU per US$ of GDP in 2015.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Kiribati?
- The lowest recorded value was 0.1646 current LCU per US$ of GDP in 2008.
- How does Kiribati rank for gross fixed capital formation (current lcu), per unit of gdp?
- Kiribati ranks 130th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is up 41.1%. 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 fixed capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.