Kuwait vs Luxembourg: Gross domestic savings
Gross domestic savings over time
- Kuwait
- Luxembourg
How they compare
Kuwait currently reports 52.49 billion current US$ against 47.20 billion current US$ in Luxembourg, a difference of 5.29 billion current US$.
That makes Kuwait's figure about 1.1 times Luxembourg's.
The two have swapped places 10 times across 55 shared years of data; in 1970 it was Kuwait ahead.
Kuwait ranks 51st and Luxembourg ranks 53rd of 187 countries.
Across the 6 decades both report, Kuwait averaged higher in 5 and Luxembourg in 1.
Head to head by decade
| Decade | Kuwait | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.65 billion current US$ | 1.08 billion current US$ | 5.57 billion current US$ | Kuwait |
| 1980s | 7.68 billion current US$ | 1.98 billion current US$ | 5.70 billion current US$ | Kuwait |
| 1990s | 3.86 billion current US$ | 7.18 billion current US$ | 3.31 billion current US$ | Luxembourg |
| 2000s | 37.71 billion current US$ | 17.77 billion current US$ | 19.94 billion current US$ | Kuwait |
| 2010s | 66.30 billion current US$ | 32.21 billion current US$ | 34.08 billion current US$ | Kuwait |
| 2020s | 55.86 billion current US$ | 42.12 billion current US$ | 13.74 billion current US$ | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic savings, Kuwait or Luxembourg?
- Kuwait, at 52.49 billion current US$ against 47.20 billion current US$ in Luxembourg as of 2024.
- What is the difference in gross domestic savings between Kuwait and Luxembourg?
- 5.29 billion current US$, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Luxembourg?
- 55 years are reported by both, from 1970 to 2024.
- How do Kuwait and Luxembourg rank globally for gross domestic savings?
- Kuwait ranks 51st and Luxembourg ranks 53rd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic savings (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.