Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kuwait

Kuwait: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 4.71 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.71 % change on previous year
Change on year
down 38.7%
World rank
145th
of 230 countries
All-time high
88.29 % change on previous year
in 1975
All-time low
-30.09 % change on previous year
in 2020
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kuwait, 1971–2024

-250255075100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation — value standard local currency, annual in Kuwait stood at 4.71 % change on previous year.

That represents a change of down 38.7% on the previous year and down 60.0% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in Kuwait peaked at 88.29 % change on previous year in 1975 and was at its lowest, -30.09 % change on previous year, in 2020.

Kuwait ranks 145th of 230 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kuwait, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Kuwait, 1971 to 2024.
Year % change on previous year Change
1971 0.7937 % change on previous year
1972 0 % change on previous year -100.0%
1973 14.96 % change on previous year
1974 52.05 % change on previous year +247.9%
1975 88.29 % change on previous year +69.6%
1976 34.69 % change on previous year -60.7%
1977 44.76 % change on previous year +29.0%
1978 -2.58 % change on previous year -105.8%
1979 -0.5038 % change on previous year -80.4%
1980 23.16 % change on previous year -4698.2%
1981 10.28 % change on previous year -55.6%
1982 20.88 % change on previous year +103.1%
1983 13.57 % change on previous year -35.0%
1984 -7.74 % change on previous year -157.0%
1985 -6.03 % change on previous year -22.0%
1986 -11.75 % change on previous year +94.7%
1987 -6.3 % change on previous year -46.4%
1988 -25.19 % change on previous year +299.8%
1989 -7.22 % change on previous year -71.4%
1990 13.64 % change on previous year -289.1%
1991 38.06 % change on previous year +178.9%
1992 -11.91 % change on previous year -131.3%
1993 8 % change on previous year -167.1%
1994 -10.24 % change on previous year -228.0%
1995 12.02 % change on previous year -217.4%
1996 19.85 % change on previous year +65.2%
1997 -5.87 % change on previous year -129.6%
1998 16.68 % change on previous year -384.1%
1999 -10.22 % change on previous year -161.3%
2000 -6.69 % change on previous year -34.5%
2001 20.53 % change on previous year -406.7%
2002 26.74 % change on previous year +30.3%
2003 25.47 % change on previous year -4.8%
2004 12.82 % change on previous year -49.7%
2005 31.53 % change on previous year +146.0%
2006 36.58 % change on previous year +16.0%
2007 23.24 % change on previous year -36.5%
2008 26.11 % change on previous year +12.3%
2009 -25.36 % change on previous year -197.1%
2010 -2.98 % change on previous year -88.2%
2011 3.6 % change on previous year -220.8%
2012 7.55 % change on previous year +109.7%
2013 14.62 % change on previous year +93.6%
2014 11.75 % change on previous year -19.6%
2015 16.05 % change on previous year +36.6%
2016 10.16 % change on previous year -36.7%
2017 2.19 % change on previous year -78.5%
2018 4.74 % change on previous year +116.8%
2019 -6.06 % change on previous year -227.9%
2020 -30.09 % change on previous year +396.5%
2021 2.76 % change on previous year -109.2%
2022 29.39 % change on previous year +964.6%
2023 7.68 % change on previous year -73.9%
2024 4.71 % change on previous year -38.7%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +4698.2% -0.5038 % change on previous year 23.16 % change on previous year
2022 +964.6% 2.76 % change on previous year 29.39 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 25.83 % change on previous year -2.58 % change on previous year 88.29 % change on previous year 9
1980s 0.3664 % change on previous year -25.19 % change on previous year 23.16 % change on previous year 10
1990s 7 % change on previous year -11.91 % change on previous year 38.06 % change on previous year 10
2000s 17.1 % change on previous year -25.36 % change on previous year 36.58 % change on previous year 10
2010s 6.16 % change on previous year -6.06 % change on previous year 16.05 % change on previous year 10
2020s 2.89 % change on previous year -30.09 % change on previous year 29.39 % change on previous year 5

Countries ranked near Kuwait

  1. 142 Cook Islands 4.86 % change on previous year compare
  2. 143 Cambodia 4.84 % change on previous year compare
  3. 144 Papua New Guinea 4.74 % change on previous year compare
  4. 146 Kiribati 4.69 % change on previous year compare
  5. 147 Grenada 4.66 % change on previous year compare
  6. 148 Saint Lucia 4.59 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in Kuwait?
Gross fixed capital formation — value standard local currency, annual in Kuwait was 4.71 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in Kuwait?
The highest recorded value was 88.29 % change on previous year in 1975.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Kuwait?
The lowest recorded value was -30.09 % change on previous year in 2020.
How does Kuwait rank for gross fixed capital formation — value standard local currency, annual?
Kuwait ranks 145th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in Kuwait?
Over the last ten years it is down 60.0%. 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 Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Kuwait. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/kuwait/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.