Gross fixed capital formation (current US$), annual growth rate in Kiribati
Kiribati: Gross fixed capital formation (current US$), annual growth rate was 38.45 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (current US$), annual growth rate in Kiribati, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation (current us$), annual growth rate in Kiribati is 38.45 % change on previous year, measured in 2024.
That represents a change of up 100.2% on the previous year and up 676.2% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Kiribati peaked at 54.01 % change on previous year in 2021 and was at its lowest, -24.6 % change on previous year, in 2018.
Kiribati ranks 7th of 179 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 20.44 % change on previous year | — |
| 2008 | -4.54 % change on previous year | -122.2% |
| 2009 | 21.86 % change on previous year | -581.2% |
| 2010 | 4.75 % change on previous year | -78.3% |
| 2011 | 47.09 % change on previous year | +890.9% |
| 2012 | 37.09 % change on previous year | -21.2% |
| 2013 | 15.5 % change on previous year | -58.2% |
| 2014 | -6.67 % change on previous year | -143.0% |
| 2015 | 31.18 % change on previous year | -567.2% |
| 2016 | -14.59 % change on previous year | -146.8% |
| 2017 | -10.05 % change on previous year | -31.1% |
| 2018 | -24.6 % change on previous year | +144.7% |
| 2019 | -20.09 % change on previous year | -18.4% |
| 2020 | -5.64 % change on previous year | -71.9% |
| 2021 | 54.01 % change on previous year | -1057.0% |
| 2022 | 21.53 % change on previous year | -60.1% |
| 2023 | 19.2 % change on previous year | -10.8% |
| 2024 | 38.45 % change on previous year | +100.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.59 % change on previous year | -4.54 % change on previous year | 21.86 % change on previous year | 3 |
| 2010s | 5.96 % change on previous year | -24.6 % change on previous year | 47.09 % change on previous year | 10 |
| 2020s | 25.51 % change on previous year | -5.64 % change on previous year | 54.01 % change on previous year | 5 |
Countries ranked near Kiribati
- 4 Gambia 45.48 % change on previous year compare
- 5 Guyana 43.79 % change on previous year
- 6 Timor-Leste 39.59 % change on previous year compare
- 8 Kyrgyzstan 37.53 % change on previous year compare
- 9 Syrian Arab Republic 34.98 % change on previous year compare
- 10 Gabon 33.04 % 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)
- 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$), per unit of GDP 0.2904 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 740.72 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Kiribati?
- Gross fixed capital formation (current us$), annual growth rate in Kiribati was 38.45 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Kiribati?
- The highest recorded value was 54.01 % change on previous year in 2021.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Kiribati?
- The lowest recorded value was -24.6 % change on previous year in 2018.
- How does Kiribati rank for gross fixed capital formation (current us$), annual growth rate?
- Kiribati ranks 7th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Kiribati?
- Over the last ten years it is up 676.2%. 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 fixed capital formation (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
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 fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.