Gross capital formation in Kuwait
Kuwait: Gross capital formation was -18.3% in 2024. ◆ Volatile
Gross capital formation in Kuwait, 2011–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, gross capital formation in Kuwait stood at -18.3%.
The figure is down 600.7% on the previous year and down 350.9% over ten years.
Over the whole period, gross capital formation in Kuwait peaked at 41.8% in 2022 and was at its lowest, -35.5%, in 2020.
Kuwait ranks 162nd of 168 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Kuwait, year by year
| Year | annual % growth | 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 | -2.6% | -106.2% |
| 2024 | -18.3% | +600.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.5% | -8.4% | 15.5% | 9 |
| 2020s | -2.6% | -35.5% | 41.8% | 5 |
Countries ranked near Kuwait
- 159 Bolivia, Plurinational State of -10.5% compare
- 160 Haiti -15.3% compare
- 161 Equatorial Guinea -17.5% compare
- 163 Eswatini -22.4% compare
- 164 Namibia -25.6% compare
- 165 San Marino -27.7% 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)
- Gross domestic savings (current US$), annual growth rate -14.56 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3262 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 10,719 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -14.7 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1001 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate -1.33 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.25 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross capital formation in Kuwait?
- Gross capital formation in Kuwait was -18.3% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Kuwait?
- The highest recorded value was 41.8% in 2022.
- What is the lowest gross capital formation recorded in Kuwait?
- The lowest recorded value was -35.5% in 2020.
- How does Kuwait rank for gross capital formation?
- Kuwait ranks 162nd out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Kuwait?
- Over the last ten years it is down 350.9%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.