Gross capital formation in Kuwait
Kuwait: Gross capital formation was 6.30 billion constant LCU in 2024. ▲ Rising
Gross capital formation in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross capital formation in Kuwait stood at 6.30 billion constant LCU.
That represents a change of down 18.3% on the previous year and down 7.7% over ten years.
Over the whole period, gross capital formation in Kuwait peaked at 9.32 billion constant LCU in 2018 and was at its lowest, 5.51 billion constant LCU, in 2020.
That places Kuwait 141st out of 169 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.42 billion constant LCU | 5.70 billion constant LCU | 9.32 billion constant LCU | 10 |
| 2020s | 6.60 billion constant LCU | 5.51 billion constant LCU | 7.92 billion constant LCU | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Kuwait?
- Gross capital formation in Kuwait was 6.30 billion constant LCU 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 9.32 billion constant LCU in 2018.
- What is the lowest gross capital formation recorded in Kuwait?
- The lowest recorded value was 5.51 billion constant LCU in 2020.
- How does Kuwait rank for gross capital formation?
- Kuwait ranks 141st out of 169 countries with data for 2024.
- Is gross capital formation rising or falling in Kuwait?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is rising.
- 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.