Gross domestic savings (current LCU), annual growth rate in Kuwait
Kuwait: Gross domestic savings (current LCU), annual growth rate was -14.7 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-14.7 % change on previous year
Change on year
up 47.2%
World rank
161st
of 185 countries
All-time high
319.12 % change on previous year
in 1993
All-time low
-85.7 % change on previous year
in 1990
Years of data
58
1966–2024
Gross domestic savings (current LCU), annual growth rate in Kuwait, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic savings (current lcu), annual growth rate in Kuwait is -14.7 % change on previous year, measured in 2024.
That represents a change of up 47.2% on the previous year and down 0.4% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Kuwait peaked at 319.12 % change on previous year in 1993 and was at its lowest, -85.7 % change on previous year, in 1990.
That places Kuwait 161st out of 185 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 domestic savings (current LCU), annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1966 | 11.5 % change on previous year | — |
| 1967 | -9.33 % change on previous year | -181.1% |
| 1968 | 11.6 % change on previous year | -224.4% |
| 1969 | 4.12 % change on previous year | -64.5% |
| 1970 | -7.59 % change on previous year | -284.3% |
| 1971 | 60.69 % change on previous year | -899.6% |
| 1972 | 6.28 % change on previous year | -89.7% |
| 1973 | 13.46 % change on previous year | +114.4% |
| 1974 | 212.38 % change on previous year | +1477.8% |
| 1975 | -21.12 % change on previous year | -109.9% |
| 1976 | 1.49 % change on previous year | -107.1% |
| 1977 | -11.58 % change on previous year | -877.2% |
| 1978 | 3.26 % change on previous year | -128.1% |
| 1979 | 97.89 % change on previous year | +2904.2% |
| 1980 | 4.47 % change on previous year | -95.4% |
| 1981 | -25.82 % change on previous year | -678.1% |
| 1982 | -48.99 % change on previous year | +89.7% |
| 1983 | 23.82 % change on previous year | -148.6% |
| 1984 | 11.51 % change on previous year | -51.7% |
| 1985 | -18.07 % change on previous year | -256.9% |
| 1986 | -45.07 % change on previous year | +149.4% |
| 1987 | 94.69 % change on previous year | -310.1% |
| 1988 | -42.9 % change on previous year | -145.3% |
| 1989 | 42.07 % change on previous year | -198.1% |
| 1990 | -85.7 % change on previous year | -303.7% |
| 1992 | 116.46 % change on previous year | -235.9% |
| 1993 | 319.12 % change on previous year | +174.0% |
| 1994 | 21.87 % change on previous year | -93.1% |
| 1995 | 12.02 % change on previous year | -45.0% |
| 1996 | 30.33 % change on previous year | +152.2% |
| 1997 | -6.87 % change on previous year | -122.6% |
| 1998 | -64.19 % change on previous year | +834.9% |
| 1999 | 117.72 % change on previous year | -283.4% |
| 2000 | 121.68 % change on previous year | +3.4% |
| 2001 | -24.82 % change on previous year | -120.4% |
| 2002 | -9.46 % change on previous year | -61.9% |
| 2003 | 67.79 % change on previous year | -816.4% |
| 2004 | 53.1 % change on previous year | -21.7% |
| 2005 | 64.37 % change on previous year | +21.2% |
| 2006 | 37.84 % change on previous year | -41.2% |
| 2007 | 6.75 % change on previous year | -82.2% |
| 2008 | 27.98 % change on previous year | +314.6% |
| 2009 | -36.78 % change on previous year | -231.4% |
| 2010 | 21.92 % change on previous year | -159.6% |
| 2011 | 44.92 % change on previous year | +104.9% |
| 2012 | 15.4 % change on previous year | -65.7% |
| 2013 | -3.29 % change on previous year | -121.4% |
| 2014 | -14.63 % change on previous year | +344.9% |
| 2015 | -52.09 % change on previous year | +256.1% |
| 2016 | -18.65 % change on previous year | -64.2% |
| 2017 | 23.01 % change on previous year | -223.4% |
| 2018 | 32.42 % change on previous year | +40.9% |
| 2019 | -3.18 % change on previous year | -109.8% |
| 2020 | -45.99 % change on previous year | +1345.4% |
| 2021 | 96.4 % change on previous year | -309.6% |
| 2022 | 62.68 % change on previous year | -35.0% |
| 2023 | -27.82 % change on previous year | -144.4% |
| 2024 | -14.7 % change on previous year | -47.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.47 % change on previous year | -9.33 % change on previous year | 11.6 % change on previous year | 4 |
| 1970s | 35.51 % change on previous year | -21.12 % change on previous year | 212.38 % change on previous year | 10 |
| 1980s | -0.4284 % change on previous year | -48.99 % change on previous year | 94.69 % change on previous year | 10 |
| 1990s | 51.2 % change on previous year | -85.7 % change on previous year | 319.12 % change on previous year | 9 |
| 2000s | 30.85 % change on previous year | -36.78 % change on previous year | 121.68 % change on previous year | 10 |
| 2010s | 4.58 % change on previous year | -52.09 % change on previous year | 44.92 % change on previous year | 10 |
| 2020s | 14.11 % change on previous year | -45.99 % change on previous year | 96.4 % change on previous year | 5 |
Countries ranked near Kuwait
- 158 Eswatini -13.51 % change on previous year compare
- 159 Congo -14.02 % change on previous year compare
- 160 Azerbaijan -14.06 % change on previous year compare
- 162 Somalia -17.1 % change on previous year compare
- 163 Iraq -20.17 % change on previous year compare
- 164 Lesotho -22.31 % change on previous year 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)
- Services, value added (current US$), annual growth rate 4.66 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5962 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 19,266 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.58 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.1827 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 5,904 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.04 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5337 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Kuwait?
- Gross domestic savings (current lcu), annual growth rate in Kuwait was -14.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Kuwait?
- The highest recorded value was 319.12 % change on previous year in 1993.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Kuwait?
- The lowest recorded value was -85.7 % change on previous year in 1990.
- How does Kuwait rank for gross domestic savings (current lcu), annual growth rate?
- Kuwait ranks 161st out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is down 0.4%. 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 domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.