Kiribati | Gross capital formation (current LCU)
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.
Publisher
The World Bank
Origin
Republic of Kiribati
Records
63
Source
Kiribati | Gross capital formation (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1739000 1972
2089000 1973
2190000 1974
2020000 1975
2220000 1976
2236000 1977
8176000 1978
5574000 1979
8124000 1980
12669000 1981
18513000 1982
19385000 1983
15937000 1984
17539000 1985
22528000 1986
25000000 1987
24200000 1988
22810000 1989
33900000 1990
27950000 1991
26000000 1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
20159300 2006
21336700 2007
20761200 2008
27690500 2009
24395700 2010
32051700 2011
50544500 2012
60940600 2013
59671200 2014
94860600 2015
81610900 2016
73394700 2017
60742300 2018
47572500 2019
46851900 2020
63586601.969879 2021
2022
Kiribati | Gross capital formation (current LCU)
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.
Publisher
The World Bank
Origin
Republic of Kiribati
Records
63
Source