Kiribati - Gross capital formation
Gross capital formation (current US$)
The latest value for Gross capital formation (current US$) in Kiribati was $62,322,920 as of 2018. Over the past 46 years, the value for this indicator has fluctuated between $71,264,370 in 2015 and $2,082,635 in 1972.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1972 | $2,082,635 |
| 1973 | $2,980,454 |
| 1974 | $5,139,639 |
| 1975 | $2,644,325 |
| 1976 | $2,712,942 |
| 1977 | $2,479,486 |
| 1978 | $9,357,903 |
| 1979 | $6,230,718 |
| 1980 | $9,250,740 |
| 1981 | $14,558,720 |
| 1982 | $18,777,770 |
| 1983 | $17,463,960 |
| 1984 | $13,985,960 |
| 1985 | $12,248,760 |
| 1986 | $15,058,820 |
| 1987 | $17,504,550 |
| 1988 | $18,907,730 |
| 1989 | $18,037,320 |
| 1990 | $26,461,630 |
| 1991 | $21,771,300 |
| 1992 | $19,095,180 |
| 2008 | $17,414,020 |
| 2009 | $21,596,470 |
| 2010 | $22,376,630 |
| 2011 | $33,060,340 |
| 2012 | $52,334,850 |
| 2013 | $58,835,680 |
| 2014 | $53,786,730 |
| 2015 | $71,264,370 |
| 2016 | $60,563,480 |
| 2017 | $55,898,220 |
| 2018 | $62,322,920 |
Gross capital formation (current LCU)
The value for Gross capital formation (current LCU) in Kiribati was 83,413,000 as of 2018. As the graph below shows, over the past 46 years this indicator reached a maximum value of 94,860,000 in 2015 and a minimum value of 1,739,000 in 1972.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1972 | 1,739,000 |
| 1973 | 2,089,000 |
| 1974 | 2,190,000 |
| 1975 | 2,020,000 |
| 1976 | 2,220,000 |
| 1977 | 2,236,000 |
| 1978 | 8,176,000 |
| 1979 | 5,574,000 |
| 1980 | 8,124,000 |
| 1981 | 12,669,000 |
| 1982 | 18,513,000 |
| 1983 | 19,385,000 |
| 1984 | 15,937,000 |
| 1985 | 17,539,000 |
| 1986 | 22,528,000 |
| 1987 | 25,000,000 |
| 1988 | 24,200,000 |
| 1989 | 22,810,000 |
| 1990 | 33,900,000 |
| 1991 | 27,950,000 |
| 1992 | 26,000,000 |
| 2008 | 20,761,000 |
| 2009 | 27,691,000 |
| 2010 | 24,395,000 |
| 2011 | 32,052,000 |
| 2012 | 50,545,000 |
| 2013 | 60,942,000 |
| 2014 | 59,671,000 |
| 2015 | 94,860,000 |
| 2016 | 81,470,000 |
| 2017 | 72,936,000 |
| 2018 | 83,413,000 |
Gross capital formation (constant 2010 US$)
The latest value for Gross capital formation (constant 2010 US$) in Kiribati was 60,954,740 as of 2018. Over the past 10 years, the value for this indicator has fluctuated between 71,264,370 in 2015 and 16,275,620 in 2008.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2008 | 16,275,620 |
| 2009 | 20,070,710 |
| 2010 | 18,203,950 |
| 2011 | 23,769,720 |
| 2012 | 38,446,320 |
| 2013 | 47,197,980 |
| 2014 | 45,262,190 |
| 2015 | 71,264,370 |
| 2016 | 60,053,540 |
| 2017 | 53,590,310 |
| 2018 | 60,954,740 |
Gross capital formation (annual % growth)
The value for Gross capital formation (annual % growth) in Kiribati was 13.74 as of 2018. As the graph below shows, over the past 9 years this indicator reached a maximum value of 61.74 in 2012 and a minimum value of -15.73 in 2016.
Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2009 | 23.32 |
| 2010 | -9.30 |
| 2011 | 30.57 |
| 2012 | 61.74 |
| 2013 | 22.76 |
| 2014 | -4.10 |
| 2015 | 57.45 |
| 2016 | -15.73 |
| 2017 | -10.76 |
| 2018 | 13.74 |
Gross capital formation (constant LCU)
The value for Gross capital formation (constant LCU) in Kiribati was 65,338,000 as of 2018. As the graph below shows, over the past 10 years this indicator reached a maximum value of 76,389,000 in 2015 and a minimum value of 17,446,000 in 2008.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2008 | 17,446,000 |
| 2009 | 21,514,000 |
| 2010 | 19,513,000 |
| 2011 | 25,479,000 |
| 2012 | 41,211,000 |
| 2013 | 50,592,000 |
| 2014 | 48,517,000 |
| 2015 | 76,389,000 |
| 2016 | 64,372,000 |
| 2017 | 57,444,000 |
| 2018 | 65,338,000 |
Gross capital formation (% of GDP)
Gross capital formation (% of GDP) in Kiribati was 31.14 as of 2018. Its highest value over the past 46 years was 66.47 in 1990, while its lowest value was 4.80 in 1975.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1972 | 11.00 |
| 1973 | 9.40 |
| 1974 | 6.00 |
| 1975 | 4.80 |
| 1976 | 6.60 |
| 1977 | 6.40 |
| 1978 | 20.70 |
| 1979 | 14.62 |
| 1980 | 23.89 |
| 1981 | 35.19 |
| 1982 | 46.28 |
| 1983 | 46.15 |
| 1984 | 33.91 |
| 1985 | 38.13 |
| 1986 | 46.93 |
| 1987 | 52.08 |
| 1988 | 44.00 |
| 1989 | 43.87 |
| 1990 | 66.47 |
| 1991 | 45.82 |
| 1992 | 40.00 |
| 2008 | 12.35 |
| 2009 | 16.31 |
| 2010 | 14.33 |
| 2011 | 18.19 |
| 2012 | 27.51 |
| 2013 | 31.78 |
| 2014 | 29.93 |
| 2015 | 41.65 |
| 2016 | 33.96 |
| 2017 | 29.85 |
| 2018 | 31.14 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
