Gross Fixed Capital Formation — Value US$, 2015 prices in Kiribati
Kiribati: Gross Fixed Capital Formation — Value US$, 2015 prices was 71.99 million USD in 2024. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices in Kiribati, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Kiribati stood at 71.99 million USD.
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 us$, 2015 prices in Kiribati peaked at 73.86 million USD in 2015 and was at its lowest, 10.43 million USD, in 1971.
That places Kiribati 197th out of 200 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.22 million USD | 10.43 million USD | 27.65 million USD | 10 |
| 1980s | 41.55 million USD | 36.05 million USD | 50.11 million USD | 10 |
| 1990s | 25.93 million USD | 19.77 million USD | 41.6 million USD | 10 |
| 2000s | 24.13 million USD | 19.09 million USD | 27.97 million USD | 10 |
| 2010s | 45.13 million USD | 21.12 million USD | 73.86 million USD | 10 |
| 2020s | 54.97 million USD | 34 million USD | 71.99 million USD | 5 |
Countries ranked near Kiribati
- 194 Sao Tome and Principe 112.67 million USD compare
- 195 Guinea-Bissau 96.67 million USD compare
- 196 Palau 89.59 million USD compare
- 198 Marshall Islands 57.66 million USD compare
- 199 Nauru 30.7 million USD compare
- 200 Tuvalu 12.87 million USD compare
More economy & growth data for Kiribati
- External balance on goods and services as a percent of gdp -93.08 (2024)
- Inflation of consumer prices 2.46 (2024)
- Gdp per capita worldbank constant usd 2,109 (2025)
- Exports of goods and services -20.9% (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Services, value added 241.17 million current US$ (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Exports of goods and services 23.48 million current LCU (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Kiribati?
- Gross fixed capital formation — value us$, 2015 prices in Kiribati was 71.99 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Kiribati?
- The highest recorded value was 73.86 million USD in 2015.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Kiribati?
- The lowest recorded value was 10.43 million USD in 1971.
- How does Kiribati rank for gross fixed capital formation — value us$, 2015 prices?
- Kiribati ranks 197th out of 200 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).