Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kiribati
Kiribati: Gross Fixed Capital Formation — Share of GDP US$, 2015 prices was 26.21 % in 2024. ▬ Flat
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kiribati, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Kiribati recorded 26.21 % for gross fixed capital formation — share of gdp us$, 2015 prices in 2024.
Compared with earlier readings it is down 4.5% on the previous year and down 4.4% over ten years.
Over the whole period, gross fixed capital formation — share of gdp us$, 2015 prices in Kiribati peaked at 45.34 % in 1986 and was at its lowest, 4.71 %, in 1974.
That places Kiribati 56th out of 203 countries with data for 2024, putting it in the middle of the range.
Gross Fixed Capital Formation — Share of GDP US$, 2015 prices in Kiribati, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 8.49 % | — |
| 1971 | 7.55 % | -11.1% |
| 1972 | 9.33 % | +23.7% |
| 1973 | 8.6 % | -7.9% |
| 1974 | 4.71 % | -45.2% |
| 1975 | 6.81 % | +44.7% |
| 1976 | 9.86 % | +44.7% |
| 1977 | 14.26 % | +44.7% |
| 1978 | 21.41 % | +50.2% |
| 1979 | 21.89 % | +2.2% |
| 1980 | 43.48 % | +98.7% |
| 1981 | 38.46 % | -11.5% |
| 1982 | 45.01 % | +17.0% |
| 1983 | 39.81 % | -11.6% |
| 1984 | 31.51 % | -20.8% |
| 1985 | 41.15 % | +30.6% |
| 1986 | 45.34 % | +10.2% |
| 1987 | 38.61 % | -14.8% |
| 1988 | 33.62 % | -12.9% |
| 1989 | 33.47 % | -0.4% |
| 1990 | 40.05 % | +19.7% |
| 1991 | 32.7 % | -18.3% |
| 1992 | 24.13 % | -26.2% |
| 1993 | 20.53 % | -14.9% |
| 1994 | 17.6 % | -14.3% |
| 1995 | 19.55 % | +11.1% |
| 1996 | 18.33 % | -6.2% |
| 1997 | 16.62 % | -9.3% |
| 1998 | 14.71 % | -11.5% |
| 1999 | 15.74 % | +7.0% |
| 2000 | 20.29 % | +28.9% |
| 2001 | 19.44 % | -4.2% |
| 2002 | 19.71 % | +1.4% |
| 2003 | 18.56 % | -5.9% |
| 2004 | 17.96 % | -3.2% |
| 2005 | 19.1 % | +6.4% |
| 2006 | 15.4 % | -19.4% |
| 2007 | 15.58 % | +1.1% |
| 2008 | 13.45 % | -13.6% |
| 2009 | 15.97 % | +18.7% |
| 2010 | 14.62 % | -8.4% |
| 2011 | 18.25 % | +24.8% |
| 2012 | 24.29 % | +33.1% |
| 2013 | 28.36 % | +16.7% |
| 2014 | 27.41 % | -3.3% |
| 2015 | 38.56 % | +40.7% |
| 2016 | 30.49 % | -20.9% |
| 2017 | 25.55 % | -16.2% |
| 2018 | 18.99 % | -25.7% |
| 2019 | 16.09 % | -15.3% |
| 2020 | 15.17 % | -5.7% |
| 2021 | 19.34 % | +27.4% |
| 2022 | 19.77 % | +2.2% |
| 2023 | 27.44 % | +38.8% |
| 2024 | 26.21 % | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.29 % | 4.71 % | 21.89 % | 10 |
| 1980s | 39.05 % | 31.51 % | 45.34 % | 10 |
| 1990s | 22 % | 14.71 % | 40.05 % | 10 |
| 2000s | 17.55 % | 13.45 % | 20.29 % | 10 |
| 2010s | 24.26 % | 14.62 % | 38.56 % | 10 |
| 2020s | 21.59 % | 15.17 % | 27.44 % | 5 |
Countries ranked near Kiribati
- 53 Marshall Islands 26.68 % compare
- 54 Australia 26.39 % compare
- 55 Central African Republic 26.34 % compare
- 57 Romania 26.2 % compare
- 58 Tonga 26.19 % compare
- 59 Australia and New Zealand 26.13 % 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.14 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.8912 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 2,274 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -15.56 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -16.35 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.68 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.351 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 895.5 current LCU per person (2024)
Frequently asked questions
- What is gross fixed capital formation — share of gdp us$, 2015 prices in Kiribati?
- Gross fixed capital formation — share of gdp us$, 2015 prices in Kiribati was 26.21 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Kiribati?
- The highest recorded value was 45.34 % in 1986.
- What is the lowest gross fixed capital formation — share of gdp us$, 2015 prices recorded in Kiribati?
- The lowest recorded value was 4.71 % in 1974.
- How does Kiribati rank for gross fixed capital formation — share of gdp us$, 2015 prices?
- Kiribati ranks 56th out of 203 countries with data for 2024.
- Is gross fixed capital formation — share of gdp us$, 2015 prices rising or falling in Kiribati?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is flat.
- 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 — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).