Gross fixed capital formation (current US$), per unit of GDP in Kiribati
Kiribati: Gross fixed capital formation (current US$), per unit of GDP was 0.2904 current US$ per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current US$), per unit of GDP in Kiribati, 2006–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in Kiribati stood at 0.2904 current US$ per US$ of GDP.
That represents a change of up 17.7% on the previous year and up 3.3% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Kiribati peaked at 0.3856 current US$ per US$ of GDP in 2015 and was at its lowest, 0.138 current US$ per US$ of GDP, in 2008.
Kiribati ranks 27th of 181 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Kiribati, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.1571 current US$ per US$ of GDP | — |
| 2007 | 0.154 current US$ per US$ of GDP | -2.0% |
| 2008 | 0.138 current US$ per US$ of GDP | -10.4% |
| 2009 | 0.1764 current US$ per US$ of GDP | +27.8% |
| 2010 | 0.1566 current US$ per US$ of GDP | -11.3% |
| 2011 | 0.1944 current US$ per US$ of GDP | +24.2% |
| 2012 | 0.2523 current US$ per US$ of GDP | +29.8% |
| 2013 | 0.2991 current US$ per US$ of GDP | +18.5% |
| 2014 | 0.2811 current US$ per US$ of GDP | -6.0% |
| 2015 | 0.3856 current US$ per US$ of GDP | +37.2% |
| 2016 | 0.3055 current US$ per US$ of GDP | -20.8% |
| 2017 | 0.2544 current US$ per US$ of GDP | -16.7% |
| 2018 | 0.1829 current US$ per US$ of GDP | -28.1% |
| 2019 | 0.1576 current US$ per US$ of GDP | -13.8% |
| 2020 | 0.146 current US$ per US$ of GDP | -7.4% |
| 2021 | 0.174 current US$ per US$ of GDP | +19.2% |
| 2022 | 0.2226 current US$ per US$ of GDP | +27.9% |
| 2023 | 0.2468 current US$ per US$ of GDP | +10.8% |
| 2024 | 0.2904 current US$ per US$ of GDP | +17.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1564 current US$ per US$ of GDP | 0.138 current US$ per US$ of GDP | 0.1764 current US$ per US$ of GDP | 4 |
| 2010s | 0.247 current US$ per US$ of GDP | 0.1566 current US$ per US$ of GDP | 0.3856 current US$ per US$ of GDP | 10 |
| 2020s | 0.216 current US$ per US$ of GDP | 0.146 current US$ per US$ of GDP | 0.2904 current US$ per US$ of GDP | 5 |
Countries ranked near Kiribati
- 24 Saudi Arabia 0.3011 current US$ per US$ of GDP compare
- 25 Viet Nam 0.2921 current US$ per US$ of GDP compare
- 26 Congo 0.2908 current US$ per US$ of GDP compare
- 28 Lao People's Democratic Republic 0.2901 current US$ per US$ of GDP compare
- 29 United Arab Emirates 0.2891 current US$ per US$ of GDP
- 30 Bahrain 0.2888 current US$ 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 capita 740.72 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Kiribati?
- Gross fixed capital formation (current us$), per unit of gdp in Kiribati was 0.2904 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Kiribati?
- The highest recorded value was 0.3856 current US$ per US$ of GDP in 2015.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Kiribati?
- The lowest recorded value was 0.138 current US$ per US$ of GDP in 2008.
- How does Kiribati rank for gross fixed capital formation (current us$), per unit of gdp?
- Kiribati ranks 27th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Kiribati?
- Over the last ten years it is up 3.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.