Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kiribati
Kiribati: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 4.69 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kiribati, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Kiribati is 4.69 % change on previous year, measured in 2024.
The figure is down 90.3% on the previous year and up 9,709.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Kiribati peaked at 92.02 % change on previous year in 1980 and was at its lowest, -22.66 % change on previous year, in 2018.
That places Kiribati 146th out of 230 countries with data for 2024, putting it 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 Formation — Value Standard Local Currency, annual in Kiribati, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -12.79 % change on previous year | — |
| 1972 | 36.78 % change on previous year | -387.6% |
| 1973 | 21.44 % change on previous year | -41.7% |
| 1974 | -15.67 % change on previous year | -173.1% |
| 1975 | 56.42 % change on previous year | -460.1% |
| 1976 | 8.48 % change on previous year | -85.0% |
| 1977 | 40.93 % change on previous year | +382.8% |
| 1978 | 58.8 % change on previous year | +43.6% |
| 1979 | -6.22 % change on previous year | -110.6% |
| 1980 | 92.02 % change on previous year | -1578.4% |
| 1981 | 13.57 % change on previous year | -85.2% |
| 1982 | 17.38 % change on previous year | +28.0% |
| 1983 | -6 % change on previous year | -134.5% |
| 1984 | -5.66 % change on previous year | -5.6% |
| 1985 | 10.95 % change on previous year | -293.3% |
| 1986 | 6.82 % change on previous year | -37.7% |
| 1987 | -1.2 % change on previous year | -117.7% |
| 1988 | 3.83 % change on previous year | -417.9% |
| 1989 | -4.42 % change on previous year | -215.5% |
| 1990 | 6.8 % change on previous year | -253.6% |
| 1991 | -13.97 % change on previous year | -305.5% |
| 1992 | -1.72 % change on previous year | -87.7% |
| 1993 | -10.71 % change on previous year | +523.9% |
| 1994 | -6.43 % change on previous year | -40.0% |
| 1995 | 15.7 % change on previous year | -344.3% |
| 1996 | 2.94 % change on previous year | -81.3% |
| 1997 | -4.97 % change on previous year | -269.2% |
| 1998 | -0.6228 % change on previous year | -87.5% |
| 1999 | 8.49 % change on previous year | -1462.9% |
| 2000 | 47.61 % change on previous year | +461.0% |
| 2001 | -4.63 % change on previous year | -109.7% |
| 2002 | 10.37 % change on previous year | -324.0% |
| 2003 | -4.79 % change on previous year | -146.2% |
| 2004 | -6.25 % change on previous year | +30.4% |
| 2005 | 8.26 % change on previous year | -232.1% |
| 2006 | -0.6826 % change on previous year | -108.3% |
| 2007 | 8.39 % change on previous year | -1329.1% |
| 2008 | -4.77 % change on previous year | -156.9% |
| 2009 | 31.06 % change on previous year | -750.7% |
| 2010 | -10.94 % change on previous year | -135.2% |
| 2011 | 30.81 % change on previous year | -381.7% |
| 2012 | 36.57 % change on previous year | +18.7% |
| 2013 | 23.88 % change on previous year | -34.7% |
| 2014 | -0.0488 % change on previous year | -100.2% |
| 2015 | 57.39 % change on previous year | -117697.7% |
| 2016 | -13.69 % change on previous year | -123.8% |
| 2017 | -12.76 % change on previous year | -6.8% |
| 2018 | -22.66 % change on previous year | +77.6% |
| 2019 | -14.11 % change on previous year | -37.7% |
| 2020 | -4.69 % change on previous year | -66.8% |
| 2021 | 41.09 % change on previous year | -976.7% |
| 2022 | 12.61 % change on previous year | -69.3% |
| 2023 | 48.24 % change on previous year | +282.6% |
| 2024 | 4.69 % change on previous year | -90.3% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +117697.7% | -0.0488 % change on previous year | 57.39 % change on previous year |
| 1980 | +1578.4% | -6.22 % change on previous year | 92.02 % change on previous year |
| 1999 | +1462.9% | -0.6228 % change on previous year | 8.49 % change on previous year |
| 2007 | +1329.1% | -0.6826 % change on previous year | 8.39 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.91 % change on previous year | -15.67 % change on previous year | 58.8 % change on previous year | 9 |
| 1980s | 12.73 % change on previous year | -6 % change on previous year | 92.02 % change on previous year | 10 |
| 1990s | -0.4486 % change on previous year | -13.97 % change on previous year | 15.7 % change on previous year | 10 |
| 2000s | 8.46 % change on previous year | -6.25 % change on previous year | 47.61 % change on previous year | 10 |
| 2010s | 7.45 % change on previous year | -22.66 % change on previous year | 57.39 % change on previous year | 10 |
| 2020s | 20.39 % change on previous year | -4.69 % change on previous year | 48.24 % change on previous year | 5 |
Countries ranked near Kiribati
- 143 Cambodia 4.84 % change on previous year compare
- 144 Papua New Guinea 4.74 % change on previous year compare
- 145 Kuwait 4.71 % change on previous year compare
- 147 Grenada 4.66 % change on previous year compare
- 148 Saint Lucia 4.59 % change on previous year compare
- 149 Anguilla 4.47 % change on previous year 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, annual in Kiribati?
- Gross fixed capital formation — value standard local currency, annual in Kiribati was 4.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Kiribati?
- The highest recorded value was 92.02 % change on previous year in 1980.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Kiribati?
- The lowest recorded value was -22.66 % change on previous year in 2018.
- How does Kiribati rank for gross fixed capital formation — value standard local currency, annual?
- Kiribati ranks 146th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Kiribati?
- Over the last ten years it is up 9,709.9%. The long-run trend across the full record is volatile.
- 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.