Annual growth of the gross capital formation (%) in Kuwait
Kuwait: Annual growth of the gross capital formation (%) was -2.8% in 2023. ◆ Volatile
Annual growth of the gross capital formation in Kuwait, 2011–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, annual growth of the gross capital formation in Kuwait stood at -2.8%.
The figure is down 106.8% on the previous year and down 146.1% over ten years.
Over the whole period, annual growth of the gross capital formation in Kuwait peaked at 41.8% in 2022 and was at its lowest, -35.5%, in 2020.
That places Kuwait 127th out of 175 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2011 | -2.3% | — |
| 2012 | 5.1% | -318.4% |
| 2013 | 6.2% | +19.9% |
| 2014 | 7.3% | +18.4% |
| 2015 | 15.5% | +112.5% |
| 2016 | 11.6% | -25.4% |
| 2017 | 1.2% | -89.3% |
| 2018 | 4.6% | +275.0% |
| 2019 | -8.4% | -281.3% |
| 2020 | -35.5% | +322.1% |
| 2021 | 1.4% | -103.8% |
| 2022 | 41.8% | +2969.7% |
| 2023 | -2.8% | -106.8% |
Kuwait compared with similar countries
- Kuwait's -2.8% is below the median for high income countries, which is -0.2%, 11.7× the median. (55 countries reporting)
- Kuwait's -2.8% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.4%. (17 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) 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 |
|---|---|---|---|
| 2022 | +2969.7% | 1.4% | 41.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.5% | -8.4% | 15.5% | 9 |
| 2020s | 1.2% | -35.5% | 41.8% | 4 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Kuwait?
- Annual growth of the gross capital formation in Kuwait was -2.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Kuwait?
- The highest recorded value was 41.8% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in Kuwait?
- The lowest recorded value was -35.5% in 2020.
- How does Kuwait rank for annual growth of the gross capital formation?
- Kuwait ranks 127th out of 175 countries with data for 2023.
- Is annual growth of the gross capital formation rising or falling in Kuwait?
- Over the last ten years it is down 146.1%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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