Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Kiribati

Gross capital formation (% of GDP) in Kiribati in 2024 — 29.9%. Ranked 32 in the world out of 169. Since 2006, the indicator has risen by 14.2 pp.

2024 29.9% +5.2 pp vs 2023
World rank 32of 169
Period maximum 37.8%2015
Period minimum 14.1%2008

Trend over time

2006–2024 · % of GDP

Gross capital formation (% of GDP) — Kiribati, 2006–20241020304020062008201020122014201620182020202220242006: 15.8%2007: 15.4%2008: 14.1%2009: 17.6%2010: 15.9%2011: 19.5%2012: 27.7%2013: 31.4%2014: 28.7%2015: 37.8%2016: 30%2017: 27%2018: 18.9%2019: 15.9%2020: 14.7%2021: 17.8%2022: 23.3%2023: 24.7%2024: 29.9%
Change over the period: +14.2 pp Annual average: 0.79 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kiribati

Kiribati 29.9%
World 26.3%
Gross capital formation (% of GDP) — Kiribati, by year Kiribati All countries CSV XLSX
Year % Change, pp
2024 29.9 +5.2 pp
2023 24.7 +1.5 pp
2022 23.3 +5.5 pp
2021 17.8 +3.1 pp
2020 14.7 −1.2 pp
2019 15.9 −3 pp
2018 18.9 −8.1 pp
2017 27 −3 pp
2016 30 −7.8 pp
2015 37.8 +9.1 pp
2014 28.7 −2.7 pp
2013 31.4 +3.7 pp
2012 27.7 +8.3 pp
2011 19.5 +3.5 pp
2010 15.9 −1.7 pp
2009 17.6 +3.4 pp
2008 14.1 −1.2 pp
2007 15.4 −0.4 pp
2006 15.8

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.