Gross capital formation in Kuwait
Kuwait: Gross capital formation was 15.1% in 2024. ▲ Rising
Gross capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Kuwait is 15.1%, measured in 2024.
Compared with earlier readings it is down 15.0% on the previous year and down 7.3% over ten years.
Over the whole period, gross capital formation in Kuwait peaked at 41.9% in 1991 and was at its lowest, 6.8%, in 1974.
That places Kuwait 163rd out of 186 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 in Kuwait, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 15.8% | — |
| 1966 | 17.7% | +12.2% |
| 1967 | 21.3% | +20.6% |
| 1968 | 18.0% | -15.7% |
| 1969 | 19.1% | +6.3% |
| 1970 | 12.1% | -36.6% |
| 1971 | 9.4% | -22.6% |
| 1972 | 9.3% | -0.8% |
| 1973 | 9.5% | +2.3% |
| 1974 | 6.8% | -28.8% |
| 1975 | 12.7% | +87.8% |
| 1976 | 16.5% | +30.0% |
| 1977 | 23.3% | +40.9% |
| 1978 | 20.2% | -13.2% |
| 1979 | 13.7% | -32.5% |
| 1980 | 13.9% | +2.0% |
| 1981 | 16.6% | +19.5% |
| 1982 | 25.2% | +51.5% |
| 1983 | 24.8% | -1.6% |
| 1984 | 21.0% | -15.2% |
| 1985 | 18.9% | -10.3% |
| 1986 | 22.1% | +17.3% |
| 1987 | 17.5% | -20.7% |
| 1988 | 15.7% | -10.5% |
| 1989 | 12.3% | -21.6% |
| 1990 | 17.6% | +43.3% |
| 1991 | 41.9% | +137.5% |
| 1992 | 22.4% | -46.6% |
| 1993 | 17.2% | -23.1% |
| 1994 | 16.2% | -6.0% |
| 1995 | 14.8% | -8.6% |
| 1996 | 15.1% | +2.3% |
| 1997 | 13.6% | -9.7% |
| 1998 | 18.5% | +35.3% |
| 1999 | 14.6% | -21.1% |
| 2000 | 10.7% | -26.7% |
| 2001 | 14.3% | +34.1% |
| 2002 | 17.1% | +19.7% |
| 2003 | 16.6% | -2.9% |
| 2004 | 18.2% | +9.3% |
| 2005 | 16.4% | -9.7% |
| 2006 | 16.2% | -1.6% |
| 2007 | 20.5% | +26.6% |
| 2008 | 17.6% | -13.8% |
| 2009 | 18.0% | +1.9% |
| 2010 | 17.7% | -1.7% |
| 2011 | 13.5% | -23.3% |
| 2012 | 12.8% | -5.3% |
| 2013 | 14.4% | +11.8% |
| 2014 | 16.3% | +13.5% |
| 2015 | 25.4% | +56.1% |
| 2016 | 30.0% | +17.8% |
| 2017 | 27.7% | -7.4% |
| 2018 | 25.5% | -7.9% |
| 2019 | 23.0% | -10.0% |
| 2020 | 18.7% | -18.9% |
| 2021 | 14.5% | -22.4% |
| 2022 | 16.5% | +14.4% |
| 2023 | 17.8% | +7.3% |
| 2024 | 15.1% | -15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.4% | 15.8% | 21.3% | 5 |
| 1970s | 13.4% | 6.8% | 23.3% | 10 |
| 1980s | 18.8% | 12.3% | 25.2% | 10 |
| 1990s | 19.2% | 13.6% | 41.9% | 10 |
| 2000s | 16.6% | 10.7% | 20.5% | 10 |
| 2010s | 20.6% | 12.8% | 30.0% | 10 |
| 2020s | 16.5% | 14.5% | 18.7% | 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)
- 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 gross capital formation in Kuwait?
- Gross capital formation in Kuwait was 15.1% 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 41.9% in 1991.
- What is the lowest gross capital formation recorded in Kuwait?
- The lowest recorded value was 6.8% in 1974.
- How does Kuwait rank for gross capital formation?
- Kuwait ranks 163rd out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Kuwait?
- Over the last ten years it is down 7.3%. 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.