Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Kuwait
Kuwait: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 112.36 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Kuwait, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Kuwait recorded 112.36 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024.
Compared with earlier readings it is up 0.9% on the previous year and up 7.0% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Kuwait peaked at 119.09 USD in 2008 and was at its lowest, 21.27 USD, in 1970.
Kuwait ranks 121st of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Kuwait, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 21.27 USD | — |
| 1971 | 22.35 USD | +5.1% |
| 1972 | 24.28 USD | +8.6% |
| 1973 | 30.52 USD | +25.7% |
| 1974 | 38.02 USD | +24.6% |
| 1975 | 41.92 USD | +10.2% |
| 1976 | 42.46 USD | +1.3% |
| 1977 | 43.58 USD | +2.6% |
| 1978 | 49.07 USD | +12.6% |
| 1979 | 53.78 USD | +9.6% |
| 1980 | 60.53 USD | +12.6% |
| 1981 | 62.73 USD | +3.6% |
| 1982 | 63.7 USD | +1.6% |
| 1983 | 61.61 USD | -3.3% |
| 1984 | 58.85 USD | -4.5% |
| 1985 | 57.88 USD | -1.6% |
| 1986 | 65.09 USD | +12.5% |
| 1987 | 67.23 USD | +3.3% |
| 1988 | 67.66 USD | +0.6% |
| 1989 | 69.33 USD | +2.5% |
| 1990 | 71.39 USD | +3.0% |
| 1991 | 72.16 USD | +1.1% |
| 1992 | 71.21 USD | -1.3% |
| 1993 | 64.19 USD | -9.9% |
| 1994 | 61.32 USD | -4.5% |
| 1995 | 64.61 USD | +5.4% |
| 1996 | 74.4 USD | +15.2% |
| 1997 | 69.96 USD | -6.0% |
| 1998 | 57.69 USD | -17.5% |
| 1999 | 68.2 USD | +18.2% |
| 2000 | 81.58 USD | +19.6% |
| 2001 | 85.27 USD | +4.5% |
| 2002 | 87.08 USD | +2.1% |
| 2003 | 90.68 USD | +4.1% |
| 2004 | 96.04 USD | +5.9% |
| 2005 | 100.84 USD | +5.0% |
| 2006 | 102.51 USD | +1.7% |
| 2007 | 109.08 USD | +6.4% |
| 2008 | 119.09 USD | +9.2% |
| 2009 | 107.6 USD | -9.7% |
| 2010 | 94.43 USD | -12.2% |
| 2011 | 98.88 USD | +4.7% |
| 2012 | 100.72 USD | +1.9% |
| 2013 | 103.5 USD | +2.8% |
| 2014 | 105.01 USD | +1.5% |
| 2015 | 100 USD | -4.8% |
| 2016 | 100.73 USD | +0.7% |
| 2017 | 101.49 USD | +0.8% |
| 2018 | 99.6 USD | -1.9% |
| 2019 | 101.59 USD | +2.0% |
| 2020 | 109.14 USD | +7.4% |
| 2021 | 111.8 USD | +2.4% |
| 2022 | 98.88 USD | -11.6% |
| 2023 | 111.34 USD | +12.6% |
| 2024 | 112.36 USD | +0.9% |
Kuwait compared with similar countries
- Kuwait's 112.36 USD is below the median for high income countries, which is 122.6 USD, 92% of the median. (68 countries reporting)
- Kuwait's 112.36 USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 112.36 USD, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.72 USD | 21.27 USD | 53.78 USD | 10 |
| 1980s | 63.46 USD | 57.88 USD | 69.33 USD | 10 |
| 1990s | 67.52 USD | 57.69 USD | 74.4 USD | 10 |
| 2000s | 97.98 USD | 81.58 USD | 119.09 USD | 10 |
| 2010s | 100.6 USD | 94.43 USD | 105.01 USD | 10 |
| 2020s | 108.7 USD | 98.88 USD | 112.36 USD | 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in Kuwait?
- Gross fixed capital formation deflator — value us$, 2015 prices in Kuwait was 112.36 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Kuwait?
- The highest recorded value was 119.09 USD in 2008.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Kuwait?
- The lowest recorded value was 21.27 USD in 1970.
- How does Kuwait rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Kuwait ranks 121st out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Kuwait?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).