Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati
Kiribati: Gross Fixed Capital Formation Deflator — Value Standard Local was 120.62 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Kiribati, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Kiribati recorded 120.62 SLC for gross fixed capital formation deflator — value standard local in 2024. That is the highest value across all 55 years on record.
That represents a change of up 4.1% on the previous year and up 21.3% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Kiribati peaked at 120.62 SLC in 2024 and was at its lowest, 8.72 SLC, in 1970.
Kiribati ranks 141st of 194 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
| Year | SLC | Change |
|---|---|---|
| 1970 | 8.72 SLC | — |
| 1971 | 9.34 SLC | +7.1% |
| 1972 | 9.83 SLC | +5.2% |
| 1973 | 11.43 SLC | +16.3% |
| 1974 | 12.92 SLC | +13.0% |
| 1975 | 14.14 SLC | +9.4% |
| 1976 | 15.44 SLC | +9.2% |
| 1977 | 16.81 SLC | +8.9% |
| 1978 | 18.75 SLC | +11.6% |
| 1979 | 20.73 SLC | +10.5% |
| 1980 | 20.25 SLC | -2.3% |
| 1981 | 24.5 SLC | +21.0% |
| 1982 | 24.84 SLC | +1.4% |
| 1983 | 29.27 SLC | +17.8% |
| 1984 | 30.62 SLC | +4.6% |
| 1985 | 29.99 SLC | -2.1% |
| 1986 | 29.8 SLC | -0.6% |
| 1987 | 34.13 SLC | +14.5% |
| 1988 | 33.35 SLC | -2.3% |
| 1989 | 34.54 SLC | +3.6% |
| 1990 | 32.93 SLC | -4.7% |
| 1991 | 36.77 SLC | +11.7% |
| 1992 | 39.51 SLC | +7.5% |
| 1993 | 41.51 SLC | +5.0% |
| 1994 | 44.4 SLC | +7.0% |
| 1995 | 45.01 SLC | +1.4% |
| 1996 | 49.44 SLC | +9.8% |
| 1997 | 51.21 SLC | +3.6% |
| 1998 | 55.07 SLC | +7.5% |
| 1999 | 58.1 SLC | +5.5% |
| 2000 | 62.33 SLC | +7.3% |
| 2001 | 64.07 SLC | +2.8% |
| 2002 | 68.73 SLC | +7.3% |
| 2003 | 70.61 SLC | +2.7% |
| 2004 | 68.83 SLC | -2.5% |
| 2005 | 69.17 SLC | +0.5% |
| 2006 | 80.54 SLC | +16.4% |
| 2007 | 83.74 SLC | +4.0% |
| 2008 | 95.19 SLC | +13.7% |
| 2009 | 104.53 SLC | +9.8% |
| 2010 | 100.45 SLC | -3.9% |
| 2011 | 101.96 SLC | +1.5% |
| 2012 | 98.85 SLC | -3.0% |
| 2013 | 97.38 SLC | -1.5% |
| 2014 | 99.43 SLC | +2.1% |
| 2015 | 100 SLC | +0.6% |
| 2016 | 101.92 SLC | +1.9% |
| 2017 | 102.28 SLC | +0.4% |
| 2018 | 102.86 SLC | +0.6% |
| 2019 | 100.99 SLC | -1.8% |
| 2020 | 103.57 SLC | +2.6% |
| 2021 | 105.7 SLC | +2.1% |
| 2022 | 111.35 SLC | +5.3% |
| 2023 | 115.84 SLC | +4.0% |
| 2024 | 120.62 SLC | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.81 SLC | 8.72 SLC | 20.73 SLC | 10 |
| 1980s | 29.13 SLC | 20.25 SLC | 34.54 SLC | 10 |
| 1990s | 45.4 SLC | 32.93 SLC | 58.1 SLC | 10 |
| 2000s | 76.77 SLC | 62.33 SLC | 104.53 SLC | 10 |
| 2010s | 100.61 SLC | 97.38 SLC | 102.86 SLC | 10 |
| 2020s | 111.42 SLC | 103.57 SLC | 120.62 SLC | 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)
- Services, value added (current US$), annual growth rate 22.91 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.7028 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 1,793 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 23.74 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 1.07 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 2,717 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 6.22 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5493 constant 2015 US$ per US$ of GDP (2024)
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 120.62 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Kiribati?
- The highest recorded value was 120.62 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Kiribati?
- The lowest recorded value was 8.72 SLC in 1970.
- How does Kiribati rank for gross fixed capital formation deflator — value standard local?
- Kiribati ranks 141st out of 194 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 21.3%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).