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: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Kuwait is -2.8%, measured in 2023.
The figure is down 106.8% on the previous year and down 146.2% 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 123rd out of 167 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 | -2.4% | — |
| 2012 | 5.1% | -318.3% |
| 2013 | 6.2% | +19.9% |
| 2014 | 7.3% | +18.5% |
| 2015 | 15.5% | +112.3% |
| 2016 | 11.6% | -25.4% |
| 2017 | 1.2% | -89.3% |
| 2018 | 4.6% | +274.2% |
| 2019 | -8.4% | -281.3% |
| 2020 | -35.5% | +321.9% |
| 2021 | 1.4% | -103.8% |
| 2022 | 41.8% | +2973.5% |
| 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)
- Manufacturing, value added (constant LCU), per capita 706.21 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -8.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.5412 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 17,486 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -8.45 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1658 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 5,359 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.22 % 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 World Bank – processed by Our World in Data.
- 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 123rd out of 167 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 146.2%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).