Gross fixed capital formation (current LCU), per unit of GDP in Kuwait
Kuwait: Gross fixed capital formation (current LCU), per unit of GDP was 0.0514 current LCU per US$ of GDP in 2024. ▲ Rising
Gross fixed capital formation (current LCU), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current lcu), per unit of gdp in Kuwait stood at 0.0514 current LCU per US$ of GDP.
Compared with earlier readings it is down 8.0% on the previous year and up 10.4% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Kuwait peaked at 0.1117 current LCU per US$ of GDP in 1991 and was at its lowest, 0.017 current LCU per US$ of GDP, in 1974.
That places Kuwait 181st out of 181 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross fixed capital formation (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.0453 current LCU per US$ of GDP | — |
| 1966 | 0.0565 current LCU per US$ of GDP | +24.6% |
| 1967 | 0.0668 current LCU per US$ of GDP | +18.2% |
| 1968 | 0.059 current LCU per US$ of GDP | -11.7% |
| 1969 | 0.0614 current LCU per US$ of GDP | +4.1% |
| 1970 | 0.044 current LCU per US$ of GDP | -28.3% |
| 1971 | 0.0326 current LCU per US$ of GDP | -25.9% |
| 1972 | 0.0286 current LCU per US$ of GDP | -12.3% |
| 1973 | 0.027 current LCU per US$ of GDP | -5.8% |
| 1974 | 0.017 current LCU per US$ of GDP | -36.8% |
| 1975 | 0.0347 current LCU per US$ of GDP | +103.8% |
| 1976 | 0.0429 current LCU per US$ of GDP | +23.4% |
| 1977 | 0.0577 current LCU per US$ of GDP | +34.5% |
| 1978 | 0.0512 current LCU per US$ of GDP | -11.2% |
| 1979 | 0.0319 current LCU per US$ of GDP | -37.7% |
| 1980 | 0.034 current LCU per US$ of GDP | +6.4% |
| 1981 | 0.0428 current LCU per US$ of GDP | +26.1% |
| 1982 | 0.0666 current LCU per US$ of GDP | +55.4% |
| 1983 | 0.0732 current LCU per US$ of GDP | +9.9% |
| 1984 | 0.0626 current LCU per US$ of GDP | -14.4% |
| 1985 | 0.0595 current LCU per US$ of GDP | -4.9% |
| 1986 | 0.0629 current LCU per US$ of GDP | +5.7% |
| 1987 | 0.0472 current LCU per US$ of GDP | -25.0% |
| 1988 | 0.0382 current LCU per US$ of GDP | -19.2% |
| 1989 | 0.0318 current LCU per US$ of GDP | -16.8% |
| 1990 | 0.0519 current LCU per US$ of GDP | +63.5% |
| 1991 | 0.1117 current LCU per US$ of GDP | +115.2% |
| 1992 | 0.0583 current LCU per US$ of GDP | -47.8% |
| 1993 | 0.0457 current LCU per US$ of GDP | -21.6% |
| 1994 | 0.0395 current LCU per US$ of GDP | -13.5% |
| 2010 | 0.0478 current LCU per US$ of GDP | +21.0% |
| 2011 | 0.0353 current LCU per US$ of GDP | -26.1% |
| 2012 | 0.034 current LCU per US$ of GDP | -3.9% |
| 2013 | 0.0389 current LCU per US$ of GDP | +14.5% |
| 2014 | 0.0465 current LCU per US$ of GDP | +19.7% |
| 2015 | 0.0767 current LCU per US$ of GDP | +64.7% |
| 2016 | 0.0884 current LCU per US$ of GDP | +15.4% |
| 2017 | 0.0819 current LCU per US$ of GDP | -7.4% |
| 2018 | 0.0747 current LCU per US$ of GDP | -8.8% |
| 2019 | 0.0691 current LCU per US$ of GDP | -7.5% |
| 2020 | 0.0612 current LCU per US$ of GDP | -11.3% |
| 2021 | 0.0471 current LCU per US$ of GDP | -23.1% |
| 2022 | 0.0493 current LCU per US$ of GDP | +4.6% |
| 2023 | 0.0558 current LCU per US$ of GDP | +13.2% |
| 2024 | 0.0514 current LCU per US$ of GDP | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0578 current LCU per US$ of GDP | 0.0453 current LCU per US$ of GDP | 0.0668 current LCU per US$ of GDP | 5 |
| 1970s | 0.0368 current LCU per US$ of GDP | 0.017 current LCU per US$ of GDP | 0.0577 current LCU per US$ of GDP | 10 |
| 1980s | 0.0519 current LCU per US$ of GDP | 0.0318 current LCU per US$ of GDP | 0.0732 current LCU per US$ of GDP | 10 |
| 1990s | 0.0614 current LCU per US$ of GDP | 0.0395 current LCU per US$ of GDP | 0.1117 current LCU per US$ of GDP | 5 |
| 2010s | 0.0593 current LCU per US$ of GDP | 0.034 current LCU per US$ of GDP | 0.0884 current LCU per US$ of GDP | 10 |
| 2020s | 0.053 current LCU per US$ of GDP | 0.0471 current LCU per US$ of GDP | 0.0612 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)
- Exports of goods and services (current LCU), annual growth rate -6.19 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.171 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 5,618 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -3.2 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.366 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 12,026 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -10.36 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1675 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Kuwait?
- Gross fixed capital formation (current lcu), per unit of gdp in Kuwait was 0.0514 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.1117 current LCU per US$ of GDP in 1991.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.017 current LCU per US$ of GDP in 1974.
- How does Kuwait rank for gross fixed capital formation (current lcu), per unit of gdp?
- Kuwait ranks 181st out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 10.4%. 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 fixed capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed 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 fixed 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.