Gross fixed capital formation (current US$), annual growth rate (US) in Kiribati
Kiribati: Gross fixed capital formation (current US$), annual growth rate (US) 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 (US) 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% |
Kiribati compared with similar countries
- Kiribati's 38.45 % change on previous year is above the median for lower middle income countries, which is 11.35 % change on previous year, 3.4× the median. (45 countries reporting)
- Kiribati's 38.45 % change on previous year is above the median for East Asia & Pacific, which is 8.24 % change on previous year, 4.7× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current US$), annual growth rate (US) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1057.0% | -5.64 % change on previous year | 54.01 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.59 % change on previous year | -4.54 % change on previous year | 21.86 % change on previous year | 3 |
| 2010s | 5.96 % change on previous year | -24.6 % change on previous year | 47.09 % change on previous year | 10 |
| 2020s | 25.51 % change on previous year | -5.64 % change on previous year | 54.01 % change on previous year | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0577 units per US$ 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 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.