Gross Fixed Capital … Deflator Standard Local Currency in Kiribati
Kiribati: Gross Fixed Capital … Deflator Standard Local Currency 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 150th 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 … Deflator Standard Local Currency 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% |
Kiribati compared with similar countries
- Kiribati's 120.62 SLC is below the median for lower middle income countries, which is 147.28 SLC, 82% of the median. (41 countries reporting)
- Kiribati's 120.62 SLC is below the median for East Asia & Pacific, which is 123.7 SLC, 98% of the median. (24 countries reporting)
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
- Real gdp growth, annual growth rate 40.32 % change on previous year (2024)
- 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)
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 150th 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 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).