Adjusted savings: consumption of fixed capital in Kuwait
Kuwait: Adjusted savings: consumption of fixed capital was 7.7% in 2019. ▲ Rising
Adjusted savings: consumption of fixed capital in Kuwait, 1970–2019
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Kuwait recorded 7.7% for adjusted savings: consumption of fixed capital in 2019.
That represents a change of up 8.2% on the previous year and down 4.0% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Kuwait peaked at 10.0% in 1991 and was at its lowest, 2.3%, in 1976.
That places Kuwait 165th out of 204 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Adjusted savings: consumption of fixed capital in Kuwait, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 8.1% | — |
| 1971 | 7.7% | -5.7% |
| 1972 | 8.6% | +12.2% |
| 1973 | 9.3% | +8.0% |
| 1974 | 2.8% | -70.2% |
| 1975 | 2.5% | -9.5% |
| 1976 | 2.3% | -6.7% |
| 1977 | 2.7% | +17.2% |
| 1978 | 3.1% | +14.1% |
| 1979 | 2.6% | -16.1% |
| 1980 | 2.6% | -0.4% |
| 1981 | 2.6% | -1.9% |
| 1982 | 3.6% | +39.0% |
| 1983 | 3.9% | +11.1% |
| 1984 | 4.6% | +16.7% |
| 1985 | 5.3% | +15.4% |
| 1986 | 4.8% | -8.9% |
| 1987 | 5.6% | +16.3% |
| 1988 | 5.5% | -1.4% |
| 1989 | 4.7% | -15.4% |
| 1990 | 5.2% | +10.6% |
| 1991 | 10.0% | +93.5% |
| 1992 | 6.2% | -38.3% |
| 1993 | 6.3% | +1.2% |
| 1994 | 7.4% | +17.6% |
| 1995 | 6.7% | -8.6% |
| 1996 | 5.5% | -18.9% |
| 1997 | 5.4% | -0.3% |
| 1998 | 6.8% | +25.6% |
| 1999 | 5.2% | -24.1% |
| 2000 | 5.5% | +6.9% |
| 2001 | 7.8% | +40.3% |
| 2002 | 9.8% | +26.0% |
| 2003 | 8.9% | -9.7% |
| 2004 | 6.2% | -29.7% |
| 2005 | 5.7% | -8.0% |
| 2006 | 4.7% | -17.3% |
| 2007 | 5.5% | +15.1% |
| 2008 | 5.6% | +3.5% |
| 2009 | 8.0% | +41.3% |
| 2010 | 7.3% | -9.0% |
| 2011 | 6.2% | -15.0% |
| 2012 | 6.0% | -2.3% |
| 2013 | 6.0% | -0.0% |
| 2014 | 5.8% | -3.1% |
| 2015 | 7.7% | +31.8% |
| 2016 | 8.2% | +6.5% |
| 2017 | 7.6% | -7.7% |
| 2018 | 7.1% | -6.6% |
| 2019 | 7.7% | +8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.0% | 2.3% | 9.3% | 10 |
| 1980s | 4.3% | 2.6% | 5.6% | 10 |
| 1990s | 6.5% | 5.2% | 10.0% | 10 |
| 2000s | 6.8% | 4.7% | 9.8% | 10 |
| 2010s | 7.0% | 5.8% | 8.2% | 10 |
Countries ranked near Kuwait
- 162 Cayman Islands 8.0% compare
- 163 Tuvalu 7.9% compare
- 164 Sri Lanka 7.8% compare
- 166 Somalia 7.6% compare
- 167 Mauritania 7.5% compare
- 168 Papua New Guinea 7.5% compare
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.46 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.1275 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 4,190 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.56 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3371 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 11,077 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.22 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6738 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Kuwait?
- Adjusted savings: consumption of fixed capital in Kuwait was 7.7% in 2019, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Kuwait?
- The highest recorded value was 10.0% in 1991.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Kuwait?
- The lowest recorded value was 2.3% in 1976.
- How does Kuwait rank for adjusted savings: consumption of fixed capital?
- Kuwait ranks 165th out of 204 countries with data for 2019.
- Is adjusted savings: consumption of fixed capital rising or falling in Kuwait?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.