Net investment in nonfinancial assets (current LCU) in Kiribati
Kiribati: Net investment in nonfinancial assets (current LCU) was 31.07 million current LCU in 2023. ◆ Volatile
Net investment in nonfinancial assets in Kiribati, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net investment in nonfinancial assets in Kiribati is 31.07 million current LCU, measured in 2023.
Compared with earlier readings it is up 10.2% on the previous year and up 269.2% over ten years.
Over the whole period, net investment in nonfinancial assets in Kiribati peaked at 69.76 million current LCU in 2019 and was at its lowest, 7.05 million current LCU, in 2014.
That places Kiribati 150th out of 156 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets (current LCU) in Kiribati, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 10.06 million current LCU | — |
| 2012 | 9.04 million current LCU | -10.1% |
| 2013 | 8.41 million current LCU | -7.0% |
| 2014 | 7.05 million current LCU | -16.2% |
| 2015 | 8.95 million current LCU | +27.0% |
| 2016 | 14.45 million current LCU | +61.4% |
| 2017 | 20.85 million current LCU | +44.3% |
| 2018 | 13.53 million current LCU | -35.1% |
| 2019 | 69.76 million current LCU | +415.7% |
| 2020 | 14.90 million current LCU | -78.6% |
| 2021 | 10.88 million current LCU | -27.0% |
| 2022 | 28.20 million current LCU | +159.2% |
| 2023 | 31.07 million current LCU | +10.2% |
Kiribati compared with similar countries
- Kiribati's 31.07 million current LCU is below the median for lower middle income countries, which is 58.00 billion current LCU, 0% of the median. (36 countries reporting)
- Kiribati's 31.07 million current LCU is below the median for East Asia & Pacific, which is 7.44 billion current LCU, 0% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Net investment in nonfinancial assets (current LCU) in Kiribati changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +415.7% | 13.53 million current LCU | 69.76 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.01 million current LCU | 7.05 million current LCU | 69.76 million current LCU | 9 |
| 2020s | 21.26 million current LCU | 10.88 million current LCU | 31.07 million current LCU | 4 |
Countries ranked near Kiribati
- 147 Saint Vincent and the Grenadines 82.82 million current LCU compare
- 148 Andorra 64.77 million current LCU compare
- 149 Micronesia (country) 39.22 million current LCU compare
- 151 San Marino 26.54 million current LCU compare
- 152 Nauru 23.44 million current LCU compare
- 153 Marshall Islands 21.35 million current LCU compare
More public sector data for Kiribati
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 17.5% (2023)
- Taxes on income, profits and capital gains 7.4% (2023)
- Taxes on goods and services 11.8% (2023)
- Net investment in nonfinancial assets 7.1% (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in Kiribati?
- Net investment in nonfinancial assets in Kiribati was 31.07 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Kiribati?
- The highest recorded value was 69.76 million current LCU in 2019.
- What is the lowest net investment in nonfinancial assets recorded in Kiribati?
- The lowest recorded value was 7.05 million current LCU in 2014.
- How does Kiribati rank for net investment in nonfinancial assets?
- Kiribati ranks 150th out of 156 countries with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Kiribati?
- Over the last ten years it is up 269.2%. The long-run trend across the full record is volatile.
- Where does this Kiribati data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.