Gross Fixed Capital Formation — Value Standard Local Currency, per in Kiribati
Kiribati: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1363 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per 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, per in Kiribati is 0.1363 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 48.2% on the previous year and up 76.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Kiribati peaked at 0.1363 million SLC per square kilometre in 2023 and was at its lowest, 0.0016 million SLC per square kilometre, in 1971.
That places Kiribati 175th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Kiribati, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0018 million SLC per square kilometre | — |
| 1971 | 0.0016 million SLC per square kilometre | -12.8% |
| 1972 | 0.0022 million SLC per square kilometre | +36.8% |
| 1973 | 0.0027 million SLC per square kilometre | +21.4% |
| 1974 | 0.0022 million SLC per square kilometre | -15.7% |
| 1975 | 0.0035 million SLC per square kilometre | +56.4% |
| 1976 | 0.0038 million SLC per square kilometre | +8.5% |
| 1977 | 0.0054 million SLC per square kilometre | +40.9% |
| 1978 | 0.0085 million SLC per square kilometre | +58.8% |
| 1979 | 0.008 million SLC per square kilometre | -6.2% |
| 1980 | 0.0153 million SLC per square kilometre | +92.0% |
| 1981 | 0.0174 million SLC per square kilometre | +13.6% |
| 1982 | 0.0205 million SLC per square kilometre | +17.4% |
| 1983 | 0.0192 million SLC per square kilometre | -6.0% |
| 1984 | 0.0181 million SLC per square kilometre | -5.7% |
| 1985 | 0.0201 million SLC per square kilometre | +10.9% |
| 1986 | 0.0215 million SLC per square kilometre | +6.8% |
| 1987 | 0.0212 million SLC per square kilometre | -1.2% |
| 1988 | 0.0221 million SLC per square kilometre | +3.8% |
| 1989 | 0.0211 million SLC per square kilometre | -4.4% |
| 1990 | 0.0225 million SLC per square kilometre | +6.8% |
| 1991 | 0.0194 million SLC per square kilometre | -14.0% |
| 1992 | 0.019 million SLC per square kilometre | -1.7% |
| 1993 | 0.017 million SLC per square kilometre | -10.7% |
| 1994 | 0.0159 million SLC per square kilometre | -6.4% |
| 1995 | 0.0184 million SLC per square kilometre | +15.7% |
| 1996 | 0.0189 million SLC per square kilometre | +2.9% |
| 1997 | 0.018 million SLC per square kilometre | -5.0% |
| 1998 | 0.0179 million SLC per square kilometre | -0.6% |
| 1999 | 0.0194 million SLC per square kilometre | +8.5% |
| 2000 | 0.0286 million SLC per square kilometre | +47.6% |
| 2001 | 0.0273 million SLC per square kilometre | -4.6% |
| 2002 | 0.0302 million SLC per square kilometre | +10.4% |
| 2003 | 0.0287 million SLC per square kilometre | -4.8% |
| 2004 | 0.0269 million SLC per square kilometre | -6.3% |
| 2005 | 0.0291 million SLC per square kilometre | +8.3% |
| 2006 | 0.0289 million SLC per square kilometre | -0.7% |
| 2007 | 0.0314 million SLC per square kilometre | +8.4% |
| 2008 | 0.0299 million SLC per square kilometre | -4.8% |
| 2009 | 0.0391 million SLC per square kilometre | +31.1% |
| 2010 | 0.0349 million SLC per square kilometre | -10.9% |
| 2011 | 0.0456 million SLC per square kilometre | +30.8% |
| 2012 | 0.0623 million SLC per square kilometre | +36.6% |
| 2013 | 0.0772 million SLC per square kilometre | +23.9% |
| 2014 | 0.0771 million SLC per square kilometre | -0.0% |
| 2015 | 0.1214 million SLC per square kilometre | +57.4% |
| 2016 | 0.1048 million SLC per square kilometre | -13.7% |
| 2017 | 0.0914 million SLC per square kilometre | -12.8% |
| 2018 | 0.0707 million SLC per square kilometre | -22.7% |
| 2019 | 0.0607 million SLC per square kilometre | -14.1% |
| 2020 | 0.0579 million SLC per square kilometre | -4.7% |
| 2021 | 0.0816 million SLC per square kilometre | +41.1% |
| 2022 | 0.0919 million SLC per square kilometre | +12.6% |
| 2023 | 0.1363 million SLC per square kilometre | +48.2% |
Kiribati compared with similar countries
- Kiribati's 0.1363 million SLC per square kilometre is below the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 3% of the median. (44 countries reporting)
- Kiribati's 0.1363 million SLC per square kilometre is below the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 6% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.004 million SLC per square kilometre | 0.0016 million SLC per square kilometre | 0.0085 million SLC per square kilometre | 10 |
| 1980s | 0.0197 million SLC per square kilometre | 0.0153 million SLC per square kilometre | 0.0221 million SLC per square kilometre | 10 |
| 1990s | 0.0186 million SLC per square kilometre | 0.0159 million SLC per square kilometre | 0.0225 million SLC per square kilometre | 10 |
| 2000s | 0.03 million SLC per square kilometre | 0.0269 million SLC per square kilometre | 0.0391 million SLC per square kilometre | 10 |
| 2010s | 0.0746 million SLC per square kilometre | 0.0349 million SLC per square kilometre | 0.1214 million SLC per square kilometre | 10 |
| 2020s | 0.0919 million SLC per square kilometre | 0.0579 million SLC per square kilometre | 0.1363 million SLC per square kilometre | 4 |
Countries ranked near Kiribati
- 172 Tunisia 0.1643 million SLC per square kilometre compare
- 173 Latvia 0.1568 million SLC per square kilometre compare
- 174 Cuba 0.1436 million SLC per square kilometre compare
- 176 Botswana 0.1194 million SLC per square kilometre compare
- 177 Fiji 0.1148 million SLC per square kilometre compare
- 178 Solomon Islands 0.1139 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, per in Kiribati?
- Gross fixed capital formation — value standard local currency, per in Kiribati was 0.1363 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Kiribati?
- The highest recorded value was 0.1363 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Kiribati?
- The lowest recorded value was 0.0016 million SLC per square kilometre in 1971.
- How does Kiribati rank for gross fixed capital formation — value standard local currency, per?
- Kiribati ranks 175th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Kiribati?
- Over the last ten years it is up 76.7%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.