Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati

Kiribati: Gross Fixed Capital Formation Deflator — Value Standard Local was 4.12 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.12 % change on previous year
Change on year
up 2.2%
World rank
64th
of 208 countries
All-time high
20.99 % change on previous year
in 1981
All-time low
-4.65 % change on previous year
in 1990
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati, 1971–2024

01020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Kiribati recorded 4.12 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.

That represents a change of up 2.2% on the previous year and up 96.0% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Kiribati peaked at 20.99 % change on previous year in 1981 and was at its lowest, -4.65 % change on previous year, in 1990.

Kiribati ranks 64th of 208 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Kiribati, 1971 to 2024.
Year % change on previous year Change
1971 7.11 % change on previous year
1972 5.23 % change on previous year -26.5%
1973 16.26 % change on previous year +210.9%
1974 13.02 % change on previous year -19.9%
1975 9.43 % change on previous year -27.5%
1976 9.18 % change on previous year -2.7%
1977 8.89 % change on previous year -3.1%
1978 11.57 % change on previous year +30.1%
1979 10.52 % change on previous year -9.1%
1980 -2.29 % change on previous year -121.7%
1981 20.99 % change on previous year -1018.2%
1982 1.39 % change on previous year -93.4%
1983 17.8 % change on previous year +1182.6%
1984 4.63 % change on previous year -74.0%
1985 -2.07 % change on previous year -144.8%
1986 -0.6126 % change on previous year -70.4%
1987 14.53 % change on previous year -2471.7%
1988 -2.3 % change on previous year -115.8%
1989 3.56 % change on previous year -254.9%
1990 -4.65 % change on previous year -230.9%
1991 11.66 % change on previous year -350.7%
1992 7.47 % change on previous year -36.0%
1993 5.04 % change on previous year -32.4%
1994 6.96 % change on previous year +38.0%
1995 1.39 % change on previous year -80.1%
1996 9.84 % change on previous year +609.1%
1997 3.57 % change on previous year -63.8%
1998 7.54 % change on previous year +111.4%
1999 5.5 % change on previous year -27.1%
2000 7.28 % change on previous year +32.4%
2001 2.79 % change on previous year -61.7%
2002 7.27 % change on previous year +160.8%
2003 2.74 % change on previous year -62.3%
2004 -2.52 % change on previous year -192.1%
2005 0.4909 % change on previous year -119.4%
2006 16.44 % change on previous year +3248.8%
2007 3.98 % change on previous year -75.8%
2008 13.67 % change on previous year +243.3%
2009 9.82 % change on previous year -28.2%
2010 -3.9 % change on previous year -139.7%
2011 1.5 % change on previous year -138.4%
2012 -3.05 % change on previous year -303.4%
2013 -1.49 % change on previous year -51.1%
2014 2.1 % change on previous year -241.4%
2015 0.5721 % change on previous year -72.8%
2016 1.92 % change on previous year +235.1%
2017 0.3562 % change on previous year -81.4%
2018 0.5641 % change on previous year +58.4%
2019 -1.81 % change on previous year -421.4%
2020 2.55 % change on previous year -240.8%
2021 2.05 % change on previous year -19.5%
2022 5.35 % change on previous year +160.3%
2023 4.04 % change on previous year -24.5%
2024 4.12 % change on previous year +2.2%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation Deflator — Value Standard Local 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.

YearChange FromTo
2006 +3248.8% 0.4909 % change on previous year 16.44 % change on previous year
1987 +2471.7% -0.6126 % change on previous year 14.53 % change on previous year
1983 +1182.6% 1.39 % change on previous year 17.8 % change on previous year
1981 +1018.2% -2.29 % change on previous year 20.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.13 % change on previous year 5.23 % change on previous year 16.26 % change on previous year 9
1980s 5.56 % change on previous year -2.3 % change on previous year 20.99 % change on previous year 10
1990s 5.43 % change on previous year -4.65 % change on previous year 11.66 % change on previous year 10
2000s 6.2 % change on previous year -2.52 % change on previous year 16.44 % change on previous year 10
2010s -0.3236 % change on previous year -3.9 % change on previous year 2.1 % change on previous year 10
2020s 3.62 % change on previous year 2.05 % change on previous year 5.35 % change on previous year 5

Countries ranked near Kiribati

  1. 61 Turkmenistan 4.49 % change on previous year compare
  2. 62 Morocco 4.39 % change on previous year compare
  3. 63 Papua New Guinea 4.21 % change on previous year compare
  4. 65 Mauritius 4.06 % change on previous year compare
  5. 66 Mexico 4.05 % change on previous year compare
  6. 67 Ireland 4.03 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for Kiribati

All data for Kiribati →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Kiribati?
Gross fixed capital formation deflator — value standard local in Kiribati was 4.12 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation deflator — value standard local recorded in Kiribati?
The highest recorded value was 20.99 % change on previous year in 1981.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Kiribati?
The lowest recorded value was -4.65 % change on previous year in 1990.
How does Kiribati rank for gross fixed capital formation deflator — value standard local?
Kiribati ranks 64th out of 208 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Kiribati?
Over the last ten years it is up 96.0%. 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 Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/kiribati/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.