Kiribati - Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Kiribati was 65,147,000 as of 2018. As the graph below shows, over the past 10 years this indicator reached a maximum value of 78,053,000 in 2015 and a minimum value of 17,059,000 in 2008.

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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2008 17,059,000
2009 21,607,000
2010 19,160,000
2011 25,295,000
2012 37,136,000
2013 47,912,000
2014 47,378,000
2015 78,053,000
2016 65,605,000
2017 56,882,000
2018 65,147,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts