Gross fixed capital formation in Kiribati
Kiribati: Gross fixed capital formation was 99.64 million current US$ in 2024. ▲ Rising
Gross fixed capital formation in Kiribati, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Kiribati recorded 99.64 million current US$ for gross fixed capital formation in 2024. That is the highest value across all 19 years on record.
The figure is up 38.4% on the previous year and up 77.0% over ten years.
Over the whole period, gross fixed capital formation in Kiribati peaked at 99.64 million current US$ in 2024 and was at its lowest, 17.65 million current US$, in 2006.
Kiribati ranks 177th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.98 million current US$ | 17.65 million current US$ | 24.73 million current US$ | 4 |
| 2010s | 50.35 million current US$ | 25.90 million current US$ | 73.86 million current US$ | 10 |
| 2020s | 62.78 million current US$ | 32.26 million current US$ | 99.64 million current US$ | 5 |
Countries ranked near Kiribati
- 174 Comoros 214.98 million current US$ compare
- 175 Tonga 169.33 million current US$ compare
- 176 Palau 115.22 million current US$ compare
- 178 Sao Tome and Principe 85.07 million current US$ compare
- 179 Marshall Islands 65.14 million current US$ compare
More economy & growth data for Kiribati
- External balance on goods and services as a percent of GDP -93.1% (2024)
- Inflation of consumer prices 2.5% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation in Kiribati?
- Gross fixed capital formation in Kiribati was 99.64 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Kiribati?
- The highest recorded value was 99.64 million current US$ in 2024.
- What is the lowest gross fixed capital formation recorded in Kiribati?
- The lowest recorded value was 17.65 million current US$ in 2006.
- How does Kiribati rank for gross fixed capital formation?
- Kiribati ranks 177th out of 179 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Kiribati?
- Over the last ten years it is up 77.0%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.