Gross domestic savings (current US$), annual growth rate in Kuwait
Kuwait: Gross domestic savings (current US$), annual growth rate was -14.56 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-14.56 % change on previous year
Change on year
up 48.1%
World rank
159th
of 185 countries
All-time high
307.19 % change on previous year
in 1993
All-time low
-85.41 % change on previous year
in 1990
Years of data
58
1966–2024
Gross domestic savings (current US$), annual growth rate in Kuwait, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic savings (current us$), annual growth rate in Kuwait stood at -14.56 % change on previous year.
Compared with earlier readings it is up 48.1% on the previous year and up 2.4% over ten years.
Over the whole period, gross domestic savings (current us$), annual growth rate in Kuwait peaked at 307.19 % change on previous year in 1993 and was at its lowest, -85.41 % change on previous year, in 1990.
Kuwait ranks 159th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), 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 | 61.16 % change on previous year | -905.9% |
| 1972 | 15.05 % change on previous year | -75.4% |
| 1973 | 25.85 % change on previous year | +71.8% |
| 1974 | 216.02 % change on previous year | +735.8% |
| 1975 | -20.28 % change on previous year | -109.4% |
| 1976 | 0.6724 % change on previous year | -103.3% |
| 1977 | -9.78 % change on previous year | -1555.0% |
| 1978 | 7.58 % change on previous year | -177.5% |
| 1979 | 96.95 % change on previous year | +1178.9% |
| 1980 | 6.81 % change on previous year | -93.0% |
| 1981 | -28.08 % change on previous year | -512.2% |
| 1982 | -50.6 % change on previous year | +80.2% |
| 1983 | 22.31 % change on previous year | -144.1% |
| 1984 | 9.79 % change on previous year | -56.1% |
| 1985 | -19.35 % change on previous year | -297.7% |
| 1986 | -43.15 % change on previous year | +123.0% |
| 1987 | 103.02 % change on previous year | -338.8% |
| 1988 | -42.98 % change on previous year | -141.7% |
| 1989 | 34.94 % change on previous year | -181.3% |
| 1990 | -85.41 % change on previous year | -344.5% |
| 1992 | 115.94 % change on previous year | -235.8% |
| 1993 | 307.19 % change on previous year | +164.9% |
| 1994 | 23.92 % change on previous year | -92.2% |
| 1995 | 11.48 % change on previous year | -52.0% |
| 1996 | 29.91 % change on previous year | +160.5% |
| 1997 | -8.08 % change on previous year | -127.0% |
| 1998 | -64.36 % change on previous year | +696.9% |
| 1999 | 117.96 % change on previous year | -283.3% |
| 2000 | 119.99 % change on previous year | +1.7% |
| 2001 | -24.81 % change on previous year | -120.7% |
| 2002 | -8.64 % change on previous year | -65.2% |
| 2003 | 71.12 % change on previous year | -923.2% |
| 2004 | 54.82 % change on previous year | -22.9% |
| 2005 | 65.89 % change on previous year | +20.2% |
| 2006 | 38.71 % change on previous year | -41.3% |
| 2007 | 8.99 % change on previous year | -76.8% |
| 2008 | 35.3 % change on previous year | +292.8% |
| 2009 | -40.94 % change on previous year | -216.0% |
| 2010 | 22.42 % change on previous year | -154.8% |
| 2011 | 50.5 % change on previous year | +125.2% |
| 2012 | 13.77 % change on previous year | -72.7% |
| 2013 | -4.53 % change on previous year | -132.9% |
| 2014 | -14.93 % change on previous year | +229.2% |
| 2015 | -54.69 % change on previous year | +266.4% |
| 2016 | -18.99 % change on previous year | -65.3% |
| 2017 | 22.52 % change on previous year | -218.6% |
| 2018 | 33.03 % change on previous year | +46.7% |
| 2019 | -3.71 % change on previous year | -111.2% |
| 2020 | -46.45 % change on previous year | +1152.5% |
| 2021 | 99.39 % change on previous year | -314.0% |
| 2022 | 60.23 % change on previous year | -39.4% |
| 2023 | -28.04 % change on previous year | -146.6% |
| 2024 | -14.56 % change on previous year | -48.1% |
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 | 38.56 % change on previous year | -20.28 % change on previous year | 216.02 % change on previous year | 10 |
| 1980s | -0.7285 % change on previous year | -50.6 % change on previous year | 103.02 % change on previous year | 10 |
| 1990s | 49.84 % change on previous year | -85.41 % change on previous year | 307.19 % change on previous year | 9 |
| 2000s | 32.04 % change on previous year | -40.94 % change on previous year | 119.99 % change on previous year | 10 |
| 2010s | 4.54 % change on previous year | -54.69 % change on previous year | 50.5 % change on previous year | 10 |
| 2020s | 14.11 % change on previous year | -46.45 % change on previous year | 99.39 % change on previous year | 5 |
Countries ranked near Kuwait
- 156 French Polynesia -12.46 % change on previous year compare
- 157 Eswatini -12.87 % change on previous year compare
- 158 Azerbaijan -14.06 % change on previous year compare
- 160 Cuba -16.59 % change on previous year compare
- 161 Iraq -19.2 % change on previous year compare
- 162 Yemen -21.14 % 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 (constant LCU), per capita 4,541 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 34,736 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -2.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3294 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,645 current LCU per person (2025)
Frequently asked questions
- What is gross domestic savings (current us$), annual growth rate in Kuwait?
- Gross domestic savings (current us$), annual growth rate in Kuwait was -14.56 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), annual growth rate recorded in Kuwait?
- The highest recorded value was 307.19 % change on previous year in 1993.
- What is the lowest gross domestic savings (current us$), annual growth rate recorded in Kuwait?
- The lowest recorded value was -85.41 % change on previous year in 1990.
- How does Kuwait rank for gross domestic savings (current us$), annual growth rate?
- Kuwait ranks 159th out of 185 countries with data for 2024.
- Is gross domestic savings (current us$), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is up 2.4%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.