Gross fixed capital formation in Kuwait
Kuwait: Gross fixed capital formation was 16.7% in 2024. ▲ Rising
Gross fixed capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross fixed capital formation in Kuwait stood at 16.7%.
Compared with earlier readings it is down 7.8% on the previous year and up 2.4% over ten years.
Over the whole period, gross fixed capital formation in Kuwait peaked at 39.3% in 1991 and was at its lowest, 5.8%, in 1974.
That places Kuwait 143rd out of 180 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 in Kuwait, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 12.7% | — |
| 1966 | 15.8% | +24.6% |
| 1967 | 18.7% | +18.2% |
| 1968 | 16.5% | -11.7% |
| 1969 | 17.2% | +4.1% |
| 1970 | 12.3% | -28.3% |
| 1971 | 9.2% | -25.7% |
| 1972 | 8.7% | -5.1% |
| 1973 | 9.1% | +4.5% |
| 1974 | 5.8% | -36.0% |
| 1975 | 12.0% | +106.0% |
| 1976 | 14.7% | +22.5% |
| 1977 | 20.1% | +37.2% |
| 1978 | 18.6% | -7.5% |
| 1979 | 11.5% | -38.0% |
| 1980 | 12.6% | +8.8% |
| 1981 | 15.4% | +22.2% |
| 1982 | 23.1% | +50.5% |
| 1983 | 25.1% | +8.6% |
| 1984 | 21.2% | -15.7% |
| 1985 | 19.8% | -6.4% |
| 1986 | 21.7% | +9.4% |
| 1987 | 16.9% | -21.8% |
| 1988 | 13.7% | -19.3% |
| 1989 | 10.8% | -21.0% |
| 1990 | 18.0% | +66.8% |
| 1991 | 39.3% | +118.0% |
| 1992 | 19.9% | -49.4% |
| 1993 | 15.1% | -23.9% |
| 1994 | 13.3% | -12.1% |
| 2010 | 16.7% | +25.4% |
| 2011 | 12.8% | -23.3% |
| 2012 | 12.1% | -5.3% |
| 2013 | 13.7% | +13.1% |
| 2014 | 16.4% | +19.2% |
| 2015 | 25.5% | +55.8% |
| 2016 | 29.3% | +14.9% |
| 2017 | 27.0% | -7.7% |
| 2018 | 24.7% | -8.4% |
| 2019 | 22.7% | -8.0% |
| 2020 | 20.0% | -12.1% |
| 2021 | 15.6% | -21.9% |
| 2022 | 16.1% | +3.1% |
| 2023 | 18.2% | +12.9% |
| 2024 | 16.7% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.2% | 12.7% | 18.7% | 5 |
| 1970s | 12.2% | 5.8% | 20.1% | 10 |
| 1980s | 18.0% | 10.8% | 25.1% | 10 |
| 1990s | 21.1% | 13.3% | 39.3% | 5 |
| 2010s | 20.1% | 12.1% | 29.3% | 10 |
| 2020s | 17.3% | 15.6% | 20.0% | 5 |
Countries ranked near Kuwait
- 140 San Marino 16.9% compare
- 141 Greece 16.9% compare
- 142 Brazil 16.8% compare
- 144 Burkina Faso 16.7% compare
- 145 Guatemala 16.7% compare
- 146 Bolivia, Plurinational State of 16.6% 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 fixed capital formation in Kuwait?
- Gross fixed capital formation in Kuwait was 16.7% 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 39.3% in 1991.
- What is the lowest gross fixed capital formation recorded in Kuwait?
- The lowest recorded value was 5.8% in 1974.
- How does Kuwait rank for gross fixed capital formation?
- Kuwait ranks 143rd 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 2.4%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.