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 174 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% |
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
- 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)
- Final consumption expenditure (constant 2015 US$), per capita 18,724 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate -0.5262 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.8248 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 27,099 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate -0.6859 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.253 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 8,311 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -2.57 % change on previous year (2024)
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 174 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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