Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati
Kiribati: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 95.82 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Kiribati recorded 95.82 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024.
Compared with earlier readings it is up 0.5% on the previous year and up 52.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Kiribati peaked at 98.31 million SLC in 2015 and was at its lowest, 13.89 million SLC, in 1971.
Kiribati ranks 188th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Kiribati, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 17.06 million SLC | — |
| 1971 | 13.89 million SLC | -18.6% |
| 1972 | 18.05 million SLC | +30.0% |
| 1973 | 18.86 million SLC | +4.5% |
| 1974 | 14.07 million SLC | -25.4% |
| 1975 | 20.11 million SLC | +42.9% |
| 1976 | 19.98 million SLC | -0.6% |
| 1977 | 25.86 million SLC | +29.4% |
| 1978 | 36.81 million SLC | +42.3% |
| 1979 | 31.23 million SLC | -15.1% |
| 1980 | 61.37 million SLC | +96.5% |
| 1981 | 57.61 million SLC | -6.1% |
| 1982 | 66.69 million SLC | +15.8% |
| 1983 | 53.22 million SLC | -20.2% |
| 1984 | 47.99 million SLC | -9.8% |
| 1985 | 54.36 million SLC | +13.3% |
| 1986 | 58.43 million SLC | +7.5% |
| 1987 | 50.4 million SLC | -13.7% |
| 1988 | 53.56 million SLC | +6.3% |
| 1989 | 49.44 million SLC | -7.7% |
| 1990 | 55.37 million SLC | +12.0% |
| 1991 | 42.66 million SLC | -23.0% |
| 1992 | 39.02 million SLC | -8.5% |
| 1993 | 33.17 million SLC | -15.0% |
| 1994 | 29.01 million SLC | -12.5% |
| 1995 | 33.11 million SLC | +14.1% |
| 1996 | 31.03 million SLC | -6.3% |
| 1997 | 28.47 million SLC | -8.2% |
| 1998 | 26.31 million SLC | -7.6% |
| 1999 | 27.06 million SLC | +2.8% |
| 2000 | 37.23 million SLC | +37.6% |
| 2001 | 34.54 million SLC | -7.2% |
| 2002 | 35.54 million SLC | +2.9% |
| 2003 | 32.93 million SLC | -7.3% |
| 2004 | 31.67 million SLC | -3.8% |
| 2005 | 34.12 million SLC | +7.7% |
| 2006 | 29.1 million SLC | -14.7% |
| 2007 | 30.34 million SLC | +4.2% |
| 2008 | 25.42 million SLC | -16.2% |
| 2009 | 30.33 million SLC | +19.3% |
| 2010 | 28.11 million SLC | -7.3% |
| 2011 | 36.23 million SLC | +28.9% |
| 2012 | 51.03 million SLC | +40.9% |
| 2013 | 64.17 million SLC | +25.7% |
| 2014 | 62.82 million SLC | -2.1% |
| 2015 | 98.31 million SLC | +56.5% |
| 2016 | 83.26 million SLC | -15.3% |
| 2017 | 72.38 million SLC | -13.1% |
| 2018 | 55.67 million SLC | -23.1% |
| 2019 | 48.69 million SLC | -12.5% |
| 2020 | 45.26 million SLC | -7.1% |
| 2021 | 62.57 million SLC | +38.3% |
| 2022 | 66.88 million SLC | +6.9% |
| 2023 | 95.3 million SLC | +42.5% |
| 2024 | 95.82 million SLC | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.59 million SLC | 13.89 million SLC | 36.81 million SLC | 10 |
| 1980s | 55.31 million SLC | 47.99 million SLC | 66.69 million SLC | 10 |
| 1990s | 34.52 million SLC | 26.31 million SLC | 55.37 million SLC | 10 |
| 2000s | 32.12 million SLC | 25.42 million SLC | 37.23 million SLC | 10 |
| 2010s | 60.07 million SLC | 28.11 million SLC | 98.31 million SLC | 10 |
| 2020s | 73.17 million SLC | 45.26 million SLC | 95.82 million SLC | 5 |
Countries ranked near Kiribati
- 185 Anguilla 279.16 million SLC compare
- 186 Tonga 255.79 million SLC compare
- 187 Turks and Caicos Islands 158.13 million SLC compare
- 189 Cook Islands 95.53 million SLC compare
- 190 Palau 89.59 million SLC compare
- 191 Montserrat 61.17 million SLC 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)
- GDP (current US$), annual growth rate 1.77 % change on previous year (2025)
- GDP (current US$), per capita 2,559 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.23 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1.55 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 3,971 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8241 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,109 constant 2015 US$ per person (2025)
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 95.82 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Kiribati?
- The highest recorded value was 98.31 million SLC in 2015.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Kiribati?
- The lowest recorded value was 13.89 million SLC in 1971.
- How does Kiribati rank for gross fixed capital formation — value standard local currency, 2015?
- Kiribati ranks 188th 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 52.5%. The long-run trend across the full record is rising.
- 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).