Gross domestic savings (current US$), per unit of GDP in Kuwait
Kuwait: Gross domestic savings (current US$), per unit of GDP was 0.3262 current US$ per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.3262 current US$ per US$ of GDP
Change on year
down 12.1%
World rank
38th
of 187 countries
All-time high
0.7789 current US$ per US$ of GDP
in 1974
All-time low
-0.6923 current US$ per US$ of GDP
in 1991
Years of data
60
1965–2024
Gross domestic savings (current US$), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross domestic savings (current us$), per unit of gdp in Kuwait stood at 0.3262 current US$ per US$ of GDP.
The figure is down 12.1% on the previous year and down 38.8% over ten years.
Over the whole period, gross domestic savings (current us$), per unit of gdp in Kuwait peaked at 0.7789 current US$ per US$ of GDP in 1974 and was at its lowest, -0.6923 current US$ per US$ of GDP, in 1991.
That places Kuwait 38th out of 187 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), per unit of GDP in Kuwait, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.6035 current US$ per US$ of GDP | — |
| 1966 | 0.5902 current US$ per US$ of GDP | -2.2% |
| 1967 | 0.5241 current US$ per US$ of GDP | -11.2% |
| 1968 | 0.5363 current US$ per US$ of GDP | +2.3% |
| 1969 | 0.5369 current US$ per US$ of GDP | +0.1% |
| 1970 | 0.4781 current US$ per US$ of GDP | -10.9% |
| 1971 | 0.5706 current US$ per US$ of GDP | +19.3% |
| 1972 | 0.5724 current US$ per US$ of GDP | +0.3% |
| 1973 | 0.5927 current US$ per US$ of GDP | +3.6% |
| 1974 | 0.7789 current US$ per US$ of GDP | +31.4% |
| 1975 | 0.6718 current US$ per US$ of GDP | -13.7% |
| 1976 | 0.6192 current US$ per US$ of GDP | -7.8% |
| 1977 | 0.5189 current US$ per US$ of GDP | -16.2% |
| 1978 | 0.5091 current US$ per US$ of GDP | -1.9% |
| 1979 | 0.628 current US$ per US$ of GDP | +23.4% |
| 1980 | 0.5797 current US$ per US$ of GDP | -7.7% |
| 1981 | 0.4765 current US$ per US$ of GDP | -17.8% |
| 1982 | 0.2733 current US$ per US$ of GDP | -42.6% |
| 1983 | 0.3456 current US$ per US$ of GDP | +26.4% |
| 1984 | 0.365 current US$ per US$ of GDP | +5.6% |
| 1985 | 0.2978 current US$ per US$ of GDP | -18.4% |
| 1986 | 0.2028 current US$ per US$ of GDP | -31.9% |
| 1987 | 0.3296 current US$ per US$ of GDP | +62.5% |
| 1988 | 0.2032 current US$ per US$ of GDP | -38.4% |
| 1989 | 0.2333 current US$ per US$ of GDP | +14.8% |
| 1990 | 0.0449 current US$ per US$ of GDP | -80.7% |
| 1991 | -0.6923 current US$ per US$ of GDP | -1641.3% |
| 1992 | 0.0612 current US$ per US$ of GDP | -108.8% |
| 1993 | 0.2067 current US$ per US$ of GDP | +237.7% |
| 1994 | 0.2468 current US$ per US$ of GDP | +19.4% |
| 1995 | 0.2515 current US$ per US$ of GDP | +1.9% |
| 1996 | 0.282 current US$ per US$ of GDP | +12.1% |
| 1997 | 0.269 current US$ per US$ of GDP | -4.6% |
| 1998 | 0.1122 current US$ per US$ of GDP | -58.3% |
| 1999 | 0.2106 current US$ per US$ of GDP | +87.7% |
| 2000 | 0.3699 current US$ per US$ of GDP | +75.7% |
| 2001 | 0.3007 current US$ per US$ of GDP | -18.7% |
| 2002 | 0.2513 current US$ per US$ of GDP | -16.4% |
| 2003 | 0.3426 current US$ per US$ of GDP | +36.3% |
| 2004 | 0.4272 current US$ per US$ of GDP | +24.7% |
| 2005 | 0.5214 current US$ per US$ of GDP | +22.0% |
| 2006 | 0.5754 current US$ per US$ of GDP | +10.4% |
| 2007 | 0.5555 current US$ per US$ of GDP | -3.4% |
| 2008 | 0.5847 current US$ per US$ of GDP | +5.2% |
| 2009 | 0.4802 current US$ per US$ of GDP | -17.9% |
| 2010 | 0.5398 current US$ per US$ of GDP | +12.4% |
| 2011 | 0.6087 current US$ per US$ of GDP | +12.8% |
| 2012 | 0.6129 current US$ per US$ of GDP | +0.7% |
| 2013 | 0.5847 current US$ per US$ of GDP | -4.6% |
| 2014 | 0.5326 current US$ per US$ of GDP | -8.9% |
| 2015 | 0.3426 current US$ per US$ of GDP | -35.7% |
| 2016 | 0.2907 current US$ per US$ of GDP | -15.2% |
| 2017 | 0.3228 current US$ per US$ of GDP | +11.1% |
| 2018 | 0.3738 current US$ per US$ of GDP | +15.8% |
| 2019 | 0.3543 current US$ per US$ of GDP | -5.2% |
| 2020 | 0.2407 current US$ per US$ of GDP | -32.1% |
| 2021 | 0.3592 current US$ per US$ of GDP | +49.3% |
| 2022 | 0.4653 current US$ per US$ of GDP | +29.5% |
| 2023 | 0.3713 current US$ per US$ of GDP | -20.2% |
| 2024 | 0.3262 current US$ per US$ of GDP | -12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5582 current US$ per US$ of GDP | 0.5241 current US$ per US$ of GDP | 0.6035 current US$ per US$ of GDP | 5 |
| 1970s | 0.594 current US$ per US$ of GDP | 0.4781 current US$ per US$ of GDP | 0.7789 current US$ per US$ of GDP | 10 |
| 1980s | 0.3307 current US$ per US$ of GDP | 0.2028 current US$ per US$ of GDP | 0.5797 current US$ per US$ of GDP | 10 |
| 1990s | 0.0993 current US$ per US$ of GDP | -0.6923 current US$ per US$ of GDP | 0.282 current US$ per US$ of GDP | 10 |
| 2000s | 0.4409 current US$ per US$ of GDP | 0.2513 current US$ per US$ of GDP | 0.5847 current US$ per US$ of GDP | 10 |
| 2010s | 0.4563 current US$ per US$ of GDP | 0.2907 current US$ per US$ of GDP | 0.6129 current US$ per US$ of GDP | 10 |
| 2020s | 0.3525 current US$ per US$ of GDP | 0.2407 current US$ per US$ of GDP | 0.4653 current US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 35 Iran 0.3304 current US$ per US$ of GDP compare
- 36 Aruba 0.3296 current US$ per US$ of GDP compare
- 37 Benin 0.3281 current US$ per US$ of GDP compare
- 39 Czechia 0.3261 current US$ per US$ of GDP compare
- 40 India 0.3256 current US$ per US$ of GDP compare
- 41 Faroe Islands 0.3153 current US$ per US$ of GDP 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)
- Industry (including construction), value added (constant 2015 US$) 2.22 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3969 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,824 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.22 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1663 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 5,373 constant LCU per person (2025)
- 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)
Frequently asked questions
- What is gross domestic savings (current us$), per unit of gdp in Kuwait?
- Gross domestic savings (current us$), per unit of gdp in Kuwait was 0.3262 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.7789 current US$ per US$ of GDP in 1974.
- What is the lowest gross domestic savings (current us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was -0.6923 current US$ per US$ of GDP in 1991.
- How does Kuwait rank for gross domestic savings (current us$), per unit of gdp?
- Kuwait ranks 38th out of 187 countries with data for 2024.
- Is gross domestic savings (current us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 38.8%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current US$) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.