Gross capital formation (constant LCU), annual growth rate in Kuwait

Kuwait: Gross capital formation (constant LCU), annual growth rate was -18.28 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-18.28 % change on previous year
Change on year
down 600.7%
World rank
164th
of 169 countries
All-time high
41.8 % change on previous year
in 2022
All-time low
-35.48 % change on previous year
in 2020
Years of data
14
2011–2024

Gross capital formation (constant LCU), annual growth rate in Kuwait, 2011–2024

-40-20020402011201720242011: -2.3 % change on previous year2012: 5.1 % change on previous year2013: 6.2 % change on previous year2014: 7.3 % change on previous year2015: 15.5 % change on previous year2016: 11.6 % change on previous year2017: 1.2 % change on previous year2018: 4.6 % change on previous year2019: -8.4 % change on previous year2020: -35.5 % change on previous year2021: 1.4 % change on previous year2022: 41.8 % change on previous year2023: -2.6 % change on previous year2024: -18.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross capital formation (constant lcu), annual growth rate in Kuwait is -18.28 % change on previous year, measured in 2024.

That represents a change of down 600.7% on the previous year and down 350.9% over ten years.

Over the whole period, gross capital formation (constant lcu), annual growth rate in Kuwait peaked at 41.8 % change on previous year in 2022 and was at its lowest, -35.48 % change on previous year, in 2020.

That places Kuwait 164th out of 169 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (constant LCU), annual growth rate in Kuwait, year by year

Annual values for Gross capital formation (constant LCU), annual growth rate in Kuwait, 2011 to 2024.
Year % change on previous year Change
2011 -2.35 % change on previous year
2012 5.13 % change on previous year -318.4%
2013 6.15 % change on previous year +19.9%
2014 7.29 % change on previous year +18.4%
2015 15.48 % change on previous year +112.5%
2016 11.55 % change on previous year -25.4%
2017 1.24 % change on previous year -89.3%
2018 4.64 % change on previous year +275.0%
2019 -8.41 % change on previous year -281.3%
2020 -35.48 % change on previous year +322.1%
2021 1.36 % change on previous year -103.8%
2022 41.8 % change on previous year +2969.7%
2023 -2.61 % change on previous year -106.2%
2024 -18.28 % change on previous year +600.7%

Kuwait compared with similar countries

  • Kuwait's -18.28 % change on previous year is below the median for high income countries, which is 2.93 % change on previous year. (58 countries reporting)
  • Kuwait's -18.28 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.07 % change on previous year. (20 countries reporting)

Biggest year-on-year movements

Years where Gross capital formation (constant LCU), annual growth rate 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.

YearChange FromTo
2022 +2969.7% 1.36 % change on previous year 41.8 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2010s 4.53 % change on previous year -8.41 % change on previous year 15.48 % change on previous year 9
2020s -2.64 % change on previous year -35.48 % change on previous year 41.8 % change on previous year 5

Countries ranked near Kuwait

  1. 161 Bolivia -10.48 % change on previous year compare
  2. 162 Haiti -15.27 % change on previous year compare
  3. 163 Equatorial Guinea -17.48 % change on previous year compare
  4. 165 Eswatini -22.35 % change on previous year compare
  5. 166 Namibia -25.63 % change on previous year compare
  6. 167 San Marino -27.69 % change on previous year compare

See the full ranking of 169 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is gross capital formation (constant lcu), annual growth rate in Kuwait?
Gross capital formation (constant lcu), annual growth rate in Kuwait was -18.28 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), annual growth rate recorded in Kuwait?
The highest recorded value was 41.8 % change on previous year in 2022.
What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Kuwait?
The lowest recorded value was -35.48 % change on previous year in 2020.
How does Kuwait rank for gross capital formation (constant lcu), annual growth rate?
Kuwait ranks 164th out of 169 countries with data for 2024.
Is gross capital formation (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), annual growth rate in Kuwait. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-annual-growth-rate/kuwait/

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How this figure is calculated

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
169 places, 6,879 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.