Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati
Kiribati: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.1177 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
0.1177 million SLC per square kilometre
Change on year
up 42.5%
World rank
166th
of 194 countries
All-time high
0.1214 million SLC per square kilometre
in 2015
All-time low
0.0171 million SLC per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Kiribati is 0.1177 million SLC per square kilometre, measured in 2023.
That represents a change of up 42.5% on the previous year and up 48.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Kiribati peaked at 0.1214 million SLC per square kilometre in 2015 and was at its lowest, 0.0171 million SLC per square kilometre, in 1971.
That places Kiribati 166th out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0211 million SLC per square kilometre | — |
| 1971 | 0.0171 million SLC per square kilometre | -18.6% |
| 1972 | 0.0223 million SLC per square kilometre | +30.0% |
| 1973 | 0.0233 million SLC per square kilometre | +4.5% |
| 1974 | 0.0174 million SLC per square kilometre | -25.4% |
| 1975 | 0.0248 million SLC per square kilometre | +42.9% |
| 1976 | 0.0247 million SLC per square kilometre | -0.6% |
| 1977 | 0.0319 million SLC per square kilometre | +29.4% |
| 1978 | 0.0454 million SLC per square kilometre | +42.3% |
| 1979 | 0.0386 million SLC per square kilometre | -15.1% |
| 1980 | 0.0758 million SLC per square kilometre | +96.5% |
| 1981 | 0.0711 million SLC per square kilometre | -6.1% |
| 1982 | 0.0823 million SLC per square kilometre | +15.8% |
| 1983 | 0.0657 million SLC per square kilometre | -20.2% |
| 1984 | 0.0592 million SLC per square kilometre | -9.8% |
| 1985 | 0.0671 million SLC per square kilometre | +13.3% |
| 1986 | 0.0721 million SLC per square kilometre | +7.5% |
| 1987 | 0.0622 million SLC per square kilometre | -13.7% |
| 1988 | 0.0661 million SLC per square kilometre | +6.3% |
| 1989 | 0.061 million SLC per square kilometre | -7.7% |
| 1990 | 0.0684 million SLC per square kilometre | +12.0% |
| 1991 | 0.0527 million SLC per square kilometre | -23.0% |
| 1992 | 0.0482 million SLC per square kilometre | -8.5% |
| 1993 | 0.0409 million SLC per square kilometre | -15.0% |
| 1994 | 0.0358 million SLC per square kilometre | -12.5% |
| 1995 | 0.0409 million SLC per square kilometre | +14.1% |
| 1996 | 0.0383 million SLC per square kilometre | -6.3% |
| 1997 | 0.0352 million SLC per square kilometre | -8.2% |
| 1998 | 0.0325 million SLC per square kilometre | -7.6% |
| 1999 | 0.0334 million SLC per square kilometre | +2.8% |
| 2000 | 0.046 million SLC per square kilometre | +37.6% |
| 2001 | 0.0426 million SLC per square kilometre | -7.2% |
| 2002 | 0.0439 million SLC per square kilometre | +2.9% |
| 2003 | 0.0407 million SLC per square kilometre | -7.3% |
| 2004 | 0.0391 million SLC per square kilometre | -3.8% |
| 2005 | 0.0421 million SLC per square kilometre | +7.7% |
| 2006 | 0.0359 million SLC per square kilometre | -14.7% |
| 2007 | 0.0375 million SLC per square kilometre | +4.2% |
| 2008 | 0.0314 million SLC per square kilometre | -16.2% |
| 2009 | 0.0374 million SLC per square kilometre | +19.3% |
| 2010 | 0.0347 million SLC per square kilometre | -7.3% |
| 2011 | 0.0447 million SLC per square kilometre | +28.9% |
| 2012 | 0.063 million SLC per square kilometre | +40.9% |
| 2013 | 0.0792 million SLC per square kilometre | +25.7% |
| 2014 | 0.0776 million SLC per square kilometre | -2.1% |
| 2015 | 0.1214 million SLC per square kilometre | +56.5% |
| 2016 | 0.1028 million SLC per square kilometre | -15.3% |
| 2017 | 0.0894 million SLC per square kilometre | -13.1% |
| 2018 | 0.0687 million SLC per square kilometre | -23.1% |
| 2019 | 0.0601 million SLC per square kilometre | -12.5% |
| 2020 | 0.0559 million SLC per square kilometre | -7.1% |
| 2021 | 0.0772 million SLC per square kilometre | +38.3% |
| 2022 | 0.0826 million SLC per square kilometre | +6.9% |
| 2023 | 0.1177 million SLC per square kilometre | +42.5% |
Kiribati compared with similar countries
- Kiribati's 0.1177 million SLC per square kilometre is below the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 5% of the median. (44 countries reporting)
- Kiribati's 0.1177 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 7% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0267 million SLC per square kilometre | 0.0171 million SLC per square kilometre | 0.0454 million SLC per square kilometre | 10 |
| 1980s | 0.0683 million SLC per square kilometre | 0.0592 million SLC per square kilometre | 0.0823 million SLC per square kilometre | 10 |
| 1990s | 0.0426 million SLC per square kilometre | 0.0325 million SLC per square kilometre | 0.0684 million SLC per square kilometre | 10 |
| 2000s | 0.0397 million SLC per square kilometre | 0.0314 million SLC per square kilometre | 0.046 million SLC per square kilometre | 10 |
| 2010s | 0.0742 million SLC per square kilometre | 0.0347 million SLC per square kilometre | 0.1214 million SLC per square kilometre | 10 |
| 2020s | 0.0833 million SLC per square kilometre | 0.0559 million SLC per square kilometre | 0.1177 million SLC per square kilometre | 4 |
Countries ranked near Kiribati
- 163 Azerbaijan 0.1383 million SLC per square kilometre compare
- 164 Brazil 0.1305 million SLC per square kilometre compare
- 165 Peru 0.1204 million SLC per square kilometre compare
- 167 Latvia 0.1128 million SLC per square kilometre compare
- 168 Belarus 0.105 million SLC per square kilometre compare
- 169 Fiji 0.1043 million SLC per square kilometre 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 0.1177 million SLC per square kilometre in 2023, 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 0.1214 million SLC per square kilometre in 2015.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Kiribati?
- The lowest recorded value was 0.0171 million SLC per square kilometre in 1971.
- How does Kiribati rank for gross fixed capital formation — value standard local currency, 2015?
- Kiribati ranks 166th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Kiribati?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is rising.
- 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.