Gross fixed capital formation (current US$) for Kiribati

Indicator 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 U.S. dollars.

The indicator "Gross fixed capital formation (current US$)" stands at 99.64 Million usd as of 12/31/2024, the highest value at least since 12/31/2007, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 38.45 percent compared to the value the year prior.
The 1 year change in percent is 38.45.
The 3 year change in percent is 100.57.
The 5 year change in percent is 191.46.
The 10 year change in percent is 76.97.

The Serie's long term average value is 47.44 Million usd. It's latest available value, on 12/31/2024, is 110.03 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2006, to it's latest available value, on 12/31/2024, is +464.52%.
The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.