Gross capital formation (current LCU), per unit of GDP in Kuwait
Kuwait: Gross capital formation (current LCU), per unit of GDP was 0.0463 current LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (current LCU), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kuwait recorded 0.0463 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2024.
That represents a change of down 15.1% on the previous year and down 0.1% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Kuwait peaked at 0.119 current LCU per US$ of GDP in 1991 and was at its lowest, 0.0199 current LCU per US$ of GDP, in 1974.
That places Kuwait 186th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross capital formation (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.0563 current LCU per US$ of GDP | — |
| 1966 | 0.0631 current LCU per US$ of GDP | +12.2% |
| 1967 | 0.0762 current LCU per US$ of GDP | +20.6% |
| 1968 | 0.0642 current LCU per US$ of GDP | -15.7% |
| 1969 | 0.0683 current LCU per US$ of GDP | +6.3% |
| 1970 | 0.0433 current LCU per US$ of GDP | -36.6% |
| 1971 | 0.0334 current LCU per US$ of GDP | -22.8% |
| 1972 | 0.0306 current LCU per US$ of GDP | -8.4% |
| 1973 | 0.0282 current LCU per US$ of GDP | -7.8% |
| 1974 | 0.0199 current LCU per US$ of GDP | -29.6% |
| 1975 | 0.0369 current LCU per US$ of GDP | +85.8% |
| 1976 | 0.0484 current LCU per US$ of GDP | +31.1% |
| 1977 | 0.0668 current LCU per US$ of GDP | +38.1% |
| 1978 | 0.0557 current LCU per US$ of GDP | -16.7% |
| 1979 | 0.0377 current LCU per US$ of GDP | -32.2% |
| 1980 | 0.0376 current LCU per US$ of GDP | -0.3% |
| 1981 | 0.0464 current LCU per US$ of GDP | +23.2% |
| 1982 | 0.0725 current LCU per US$ of GDP | +56.4% |
| 1983 | 0.0722 current LCU per US$ of GDP | -0.4% |
| 1984 | 0.0622 current LCU per US$ of GDP | -13.8% |
| 1985 | 0.0567 current LCU per US$ of GDP | -8.9% |
| 1986 | 0.0643 current LCU per US$ of GDP | +13.3% |
| 1987 | 0.0489 current LCU per US$ of GDP | -23.9% |
| 1988 | 0.0438 current LCU per US$ of GDP | -10.4% |
| 1989 | 0.0361 current LCU per US$ of GDP | -17.5% |
| 1990 | 0.0508 current LCU per US$ of GDP | +40.5% |
| 1991 | 0.119 current LCU per US$ of GDP | +134.4% |
| 1992 | 0.0656 current LCU per US$ of GDP | -44.9% |
| 1993 | 0.0519 current LCU per US$ of GDP | -20.9% |
| 1994 | 0.048 current LCU per US$ of GDP | -7.6% |
| 1995 | 0.044 current LCU per US$ of GDP | -8.2% |
| 1996 | 0.0452 current LCU per US$ of GDP | +2.7% |
| 1997 | 0.0414 current LCU per US$ of GDP | -8.5% |
| 1998 | 0.0562 current LCU per US$ of GDP | +35.9% |
| 1999 | 0.0443 current LCU per US$ of GDP | -21.2% |
| 2000 | 0.0327 current LCU per US$ of GDP | -26.2% |
| 2001 | 0.0439 current LCU per US$ of GDP | +34.1% |
| 2002 | 0.0521 current LCU per US$ of GDP | +18.7% |
| 2003 | 0.0496 current LCU per US$ of GDP | -4.8% |
| 2004 | 0.0536 current LCU per US$ of GDP | +8.1% |
| 2005 | 0.048 current LCU per US$ of GDP | -10.5% |
| 2006 | 0.0469 current LCU per US$ of GDP | -2.3% |
| 2007 | 0.0581 current LCU per US$ of GDP | +24.0% |
| 2008 | 0.0474 current LCU per US$ of GDP | -18.5% |
| 2009 | 0.0517 current LCU per US$ of GDP | +9.1% |
| 2010 | 0.0506 current LCU per US$ of GDP | -2.1% |
| 2011 | 0.0374 current LCU per US$ of GDP | -26.1% |
| 2012 | 0.0359 current LCU per US$ of GDP | -3.9% |
| 2013 | 0.0407 current LCU per US$ of GDP | +13.3% |
| 2014 | 0.0464 current LCU per US$ of GDP | +13.9% |
| 2015 | 0.0765 current LCU per US$ of GDP | +65.0% |
| 2016 | 0.0905 current LCU per US$ of GDP | +18.3% |
| 2017 | 0.0841 current LCU per US$ of GDP | -7.1% |
| 2018 | 0.0771 current LCU per US$ of GDP | -8.3% |
| 2019 | 0.0698 current LCU per US$ of GDP | -9.5% |
| 2020 | 0.0571 current LCU per US$ of GDP | -18.2% |
| 2021 | 0.0436 current LCU per US$ of GDP | -23.6% |
| 2022 | 0.0507 current LCU per US$ of GDP | +16.1% |
| 2023 | 0.0546 current LCU per US$ of GDP | +7.6% |
| 2024 | 0.0463 current LCU per US$ of GDP | -15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0656 current LCU per US$ of GDP | 0.0563 current LCU per US$ of GDP | 0.0762 current LCU per US$ of GDP | 5 |
| 1970s | 0.0401 current LCU per US$ of GDP | 0.0199 current LCU per US$ of GDP | 0.0668 current LCU per US$ of GDP | 10 |
| 1980s | 0.0541 current LCU per US$ of GDP | 0.0361 current LCU per US$ of GDP | 0.0725 current LCU per US$ of GDP | 10 |
| 1990s | 0.0566 current LCU per US$ of GDP | 0.0414 current LCU per US$ of GDP | 0.119 current LCU per US$ of GDP | 10 |
| 2000s | 0.0484 current LCU per US$ of GDP | 0.0327 current LCU per US$ of GDP | 0.0581 current LCU per US$ of GDP | 10 |
| 2010s | 0.0609 current LCU per US$ of GDP | 0.0359 current LCU per US$ of GDP | 0.0905 current LCU per US$ of GDP | 10 |
| 2020s | 0.0505 current LCU per US$ of GDP | 0.0436 current LCU per US$ of GDP | 0.0571 current LCU per US$ of GDP | 5 |
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)
- Gross capital formation (current US$), annual growth rate -17.31 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.151 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,962 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -17.44 % change on previous year (2024)
- Gross capital formation (current LCU), per capita 1,522 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -18.28 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1447 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 4,753 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), per unit of gdp in Kuwait?
- Gross capital formation (current lcu), per unit of gdp in Kuwait was 0.0463 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.119 current LCU per US$ of GDP in 1991.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0199 current LCU per US$ of GDP in 1974.
- How does Kuwait rank for gross capital formation (current lcu), per unit of gdp?
- Kuwait ranks 186th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.