Gross fixed capital formation in Kuwait
Kuwait: Gross fixed capital formation was 8.26 billion current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross fixed capital formation in Kuwait is 8.26 billion current LCU, measured in 2024.
Compared with earlier readings it is down 10.5% on the previous year and up 9.2% over ten years.
Over the whole period, gross fixed capital formation in Kuwait peaked at 10.36 billion current LCU in 2018 and was at its lowest, 95.00 million current LCU, in 1965.
Kuwait ranks 152nd of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 144.00 million current LCU | 95.00 million current LCU | 170.00 million current LCU | 5 |
| 1970s | 412.73 million current LCU | 126.50 million current LCU | 815.20 million current LCU | 10 |
| 1980s | 1.14 billion current LCU | 772.10 million current LCU | 1.53 billion current LCU | 10 |
| 1990s | 1.08 billion current LCU | 956.80 million current LCU | 1.23 billion current LCU | 5 |
| 2010s | 7.96 billion current LCU | 5.44 billion current LCU | 10.36 billion current LCU | 10 |
| 2020s | 8.07 billion current LCU | 6.80 billion current LCU | 9.23 billion current LCU | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in Kuwait?
- Gross fixed capital formation in Kuwait was 8.26 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Kuwait?
- The highest recorded value was 10.36 billion current LCU in 2018.
- What is the lowest gross fixed capital formation recorded in Kuwait?
- The lowest recorded value was 95.00 million current LCU in 1965.
- How does Kuwait rank for gross fixed capital formation?
- Kuwait ranks 152nd out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Kuwait?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is volatile.
- 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.