Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati
Kiribati: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0007 million SLC per person in 2024. ▼ Falling
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Kiribati stood at 0.0007 million SLC per person.
That represents a change of down 0.9% on the previous year and up 30.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Kiribati peaked at 0.0011 million SLC per person in 1982 and was at its lowest, 0.0002 million SLC per person, in 1974.
That places Kiribati 185th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0003 million SLC per person | — |
| 1971 | 0.0002 million SLC per person | -20.2% |
| 1972 | 0.0003 million SLC per person | +27.5% |
| 1973 | 0.0003 million SLC per person | +2.7% |
| 1974 | 0.0002 million SLC per person | -25.9% |
| 1975 | 0.0003 million SLC per person | +43.5% |
| 1976 | 0.0003 million SLC per person | -0.1% |
| 1977 | 0.0004 million SLC per person | +30.3% |
| 1978 | 0.0006 million SLC per person | +43.3% |
| 1979 | 0.0005 million SLC per person | -15.6% |
| 1980 | 0.001 million SLC per person | +93.4% |
| 1981 | 0.0009 million SLC per person | -7.6% |
| 1982 | 0.0011 million SLC per person | +13.9% |
| 1983 | 0.0008 million SLC per person | -21.5% |
| 1984 | 0.0007 million SLC per person | -11.3% |
| 1985 | 0.0008 million SLC per person | +11.1% |
| 1986 | 0.0009 million SLC per person | +5.0% |
| 1987 | 0.0007 million SLC per person | -15.8% |
| 1988 | 0.0007 million SLC per person | +3.7% |
| 1989 | 0.0007 million SLC per person | -9.9% |
| 1990 | 0.0007 million SLC per person | +9.5% |
| 1991 | 0.0006 million SLC per person | -24.5% |
| 1992 | 0.0005 million SLC per person | -10.0% |
| 1993 | 0.0004 million SLC per person | -16.3% |
| 1994 | 0.0004 million SLC per person | -13.8% |
| 1995 | 0.0004 million SLC per person | +12.4% |
| 1996 | 0.0004 million SLC per person | -7.9% |
| 1997 | 0.0003 million SLC per person | -9.9% |
| 1998 | 0.0003 million SLC per person | -9.2% |
| 1999 | 0.0003 million SLC per person | +1.1% |
| 2000 | 0.0004 million SLC per person | +35.3% |
| 2001 | 0.0004 million SLC per person | -9.0% |
| 2002 | 0.0004 million SLC per person | +0.7% |
| 2003 | 0.0003 million SLC per person | -9.2% |
| 2004 | 0.0003 million SLC per person | -5.7% |
| 2005 | 0.0003 million SLC per person | +5.6% |
| 2006 | 0.0003 million SLC per person | -16.4% |
| 2007 | 0.0003 million SLC per person | +2.1% |
| 2008 | 0.0002 million SLC per person | -18.0% |
| 2009 | 0.0003 million SLC per person | +16.8% |
| 2010 | 0.0003 million SLC per person | -9.2% |
| 2011 | 0.0003 million SLC per person | +26.6% |
| 2012 | 0.0005 million SLC per person | +38.8% |
| 2013 | 0.0006 million SLC per person | +24.0% |
| 2014 | 0.0005 million SLC per person | -3.4% |
| 2015 | 0.0008 million SLC per person | +54.5% |
| 2016 | 0.0007 million SLC per person | -16.5% |
| 2017 | 0.0006 million SLC per person | -14.4% |
| 2018 | 0.0005 million SLC per person | -24.2% |
| 2019 | 0.0004 million SLC per person | -13.8% |
| 2020 | 0.0004 million SLC per person | -8.7% |
| 2021 | 0.0005 million SLC per person | +35.8% |
| 2022 | 0.0005 million SLC per person | +5.2% |
| 2023 | 0.0007 million SLC per person | +40.3% |
| 2024 | 0.0007 million SLC per person | -0.9% |
Kiribati compared with similar countries
- Kiribati's 0.0007 million SLC per person is below the median for lower middle income countries, which is 0.0322 million SLC per person, 2% of the median. (44 countries reporting)
- Kiribati's 0.0007 million SLC per person is below the median for East Asia & Pacific, which is 0.0171 million SLC per person, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0004 million SLC per person | 0.0002 million SLC per person | 0.0006 million SLC per person | 10 |
| 1980s | 0.0008 million SLC per person | 0.0007 million SLC per person | 0.0011 million SLC per person | 10 |
| 1990s | 0.0004 million SLC per person | 0.0003 million SLC per person | 0.0007 million SLC per person | 10 |
| 2000s | 0.0003 million SLC per person | 0.0002 million SLC per person | 0.0004 million SLC per person | 10 |
| 2010s | 0.0005 million SLC per person | 0.0003 million SLC per person | 0.0008 million SLC per person | 10 |
| 2020s | 0.0006 million SLC per person | 0.0004 million SLC per person | 0.0007 million SLC per person | 5 |
Countries ranked near Kiribati
- 182 El Salvador 0.001 million SLC per person compare
- 183 Sierra Leone 0.0009 million SLC per person compare
- 184 Cuba 0.0008 million SLC per person compare
- 186 Sudan 0.0007 million SLC per person compare
- 187 Papua New Guinea 0.0006 million SLC per person compare
- 188 Eritrea 0.0006 million SLC per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Kiribati?
- Gross fixed capital formation — value standard local currency, 2015 in Kiribati was 0.0007 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Kiribati?
- The highest recorded value was 0.0011 million SLC per person in 1982.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Kiribati?
- The lowest recorded value was 0.0002 million SLC per person in 1974.
- How does Kiribati rank for gross fixed capital formation — value standard local currency, 2015?
- Kiribati ranks 185th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Kiribati?
- Over the last ten years it is up 30.8%. The long-run trend across the full record is falling.
- Where does this Kiribati data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.