Kiribati - Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Kiribati was 83,170,000 as of 2018. As the graph below shows, over the past 41 years this indicator reached a maximum value of 96,915,000 in 2015 and a minimum value of 2,236,000 in 1977.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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
1977 2,236,000
1978 8,176,000
1979 4,762,000
1980 6,815,000
1981 12,583,000
1982 17,170,000
1983 18,810,000
1984 16,037,000
1985 17,477,000
1986 22,265,000
1987 24,700,000
1988 23,700,000
1989 22,560,000
1990 33,650,000
1991 27,700,000
1992 25,750,000
2008 20,162,000
2009 27,779,000
2010 23,898,000
2011 32,023,000
2012 45,580,000
2013 57,895,000
2014 58,493,000
2015 96,915,000
2016 83,021,000
2017 72,238,000
2018 83,170,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts