Adjusted savings: gross savings in Kuwait
Kuwait: Adjusted savings: gross savings was 43.95 billion current US$ in 2019. ◆ Volatile
Latest (2019)
43.95 billion current US$
Change on year
down 19.9%
World rank
52nd
of 178 countries
All-time high
99.12 billion current US$
in 2012
All-time low
-26.01 billion current US$
in 1991
Years of data
45
1975–2019
Adjusted savings: gross savings in Kuwait, 1975–2019
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2019, adjusted savings: gross savings in Kuwait stood at 43.95 billion current US$.
That represents a change of down 19.9% on the previous year and down 3.4% over ten years.
Over the whole period, adjusted savings: gross savings in Kuwait peaked at 99.12 billion current US$ in 2012 and was at its lowest, -26.01 billion current US$, in 1991.
That places Kuwait 52nd out of 178 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 8.16 billion current US$ | — |
| 1976 | 9.10 billion current US$ | +11.5% |
| 1977 | 7.85 billion current US$ | -13.7% |
| 1978 | 9.26 billion current US$ | +18.0% |
| 1979 | 17.41 billion current US$ | +87.9% |
| 1980 | 19.87 billion current US$ | +14.1% |
| 1981 | 17.86 billion current US$ | -10.1% |
| 1982 | 10.40 billion current US$ | -41.8% |
| 1983 | 10.69 billion current US$ | +2.8% |
| 1984 | 11.56 billion current US$ | +8.1% |
| 1985 | 9.48 billion current US$ | -18.0% |
| 1986 | 10.10 billion current US$ | +6.6% |
| 1987 | 11.70 billion current US$ | +15.7% |
| 1988 | 10.14 billion current US$ | -13.3% |
| 1989 | 12.60 billion current US$ | +24.2% |
| 1990 | 3.63 billion current US$ | -71.2% |
| 1991 | -26.01 billion current US$ | -817.1% |
| 1992 | 4.55 billion current US$ | -117.5% |
| 1993 | 7.47 billion current US$ | +64.2% |
| 1994 | 7.81 billion current US$ | +4.5% |
| 1995 | 10.25 billion current US$ | +31.4% |
| 1996 | 12.57 billion current US$ | +22.6% |
| 1997 | 12.94 billion current US$ | +2.9% |
| 1998 | 7.00 billion current US$ | -45.9% |
| 1999 | 9.45 billion current US$ | +35.0% |
| 2000 | 18.69 billion current US$ | +97.9% |
| 2001 | 13.31 billion current US$ | -28.8% |
| 2002 | 10.79 billion current US$ | -19.0% |
| 2003 | 17.38 billion current US$ | +61.1% |
| 2004 | 28.97 billion current US$ | +66.7% |
| 2005 | 47.56 billion current US$ | +64.2% |
| 2006 | 67.92 billion current US$ | +42.8% |
| 2007 | 65.63 billion current US$ | -3.4% |
| 2008 | 86.23 billion current US$ | +31.4% |
| 2009 | 45.49 billion current US$ | -47.3% |
| 2010 | 59.46 billion current US$ | +30.7% |
| 2011 | 88.41 billion current US$ | +48.7% |
| 2012 | 99.12 billion current US$ | +12.1% |
| 2013 | 95.98 billion current US$ | -3.2% |
| 2014 | 81.59 billion current US$ | -15.0% |
| 2015 | 35.42 billion current US$ | -56.6% |
| 2016 | 27.85 billion current US$ | -21.4% |
| 2017 | 42.84 billion current US$ | +53.8% |
| 2018 | 54.86 billion current US$ | +28.0% |
| 2019 | 43.95 billion current US$ | -19.9% |
Kuwait compared with similar countries
- Kuwait's 43.95 billion current US$ is below the median for high income countries, which is 47.18 billion current US$, 93% of the median. (62 countries reporting)
- Kuwait's 43.95 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 34.07 billion current US$, 1.3× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -817.1% | 3.63 billion current US$ | -26.01 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.36 billion current US$ | 7.85 billion current US$ | 17.41 billion current US$ | 5 |
| 1980s | 12.44 billion current US$ | 9.48 billion current US$ | 19.87 billion current US$ | 10 |
| 1990s | 4.97 billion current US$ | -26.01 billion current US$ | 12.94 billion current US$ | 10 |
| 2000s | 40.20 billion current US$ | 10.79 billion current US$ | 86.23 billion current US$ | 10 |
| 2010s | 62.95 billion current US$ | 27.85 billion current US$ | 99.12 billion current US$ | 10 |
Countries ranked near Kuwait
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Kuwait?
- Adjusted savings: gross savings in Kuwait was 43.95 billion current US$ in 2019, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Kuwait?
- The highest recorded value was 99.12 billion current US$ in 2012.
- What is the lowest adjusted savings: gross savings recorded in Kuwait?
- The lowest recorded value was -26.01 billion current US$ in 1991.
- How does Kuwait rank for adjusted savings: gross savings?
- Kuwait ranks 52nd out of 178 countries with data for 2019.
- Is adjusted savings: gross savings rising or falling in Kuwait?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.