Gross savings (current LCU), per unit of GDP in Kuwait
Kuwait: Gross savings (current LCU), per unit of GDP was 0.1353 current LCU per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.1353 current LCU per US$ of GDP
Change on year
down 9.8%
World rank
162nd
of 178 countries
All-time high
0.2027 current LCU per US$ of GDP
in 1976
All-time low
0.0672 current LCU per US$ of GDP
in 1992
Years of data
48
1975–2024
Gross savings (current LCU), per unit of GDP in Kuwait, 1975–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kuwait recorded 0.1353 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2024.
That represents a change of down 9.8% on the previous year and down 5.2% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Kuwait peaked at 0.2027 current LCU per US$ of GDP in 1976 and was at its lowest, 0.0672 current LCU per US$ of GDP, in 1992.
Kuwait ranks 162nd of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 48 years of available data.
Gross savings (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.1969 current LCU per US$ of GDP | — |
| 1976 | 0.2027 current LCU per US$ of GDP | +3.0% |
| 1977 | 0.1592 current LCU per US$ of GDP | -21.5% |
| 1978 | 0.1644 current LCU per US$ of GDP | +3.3% |
| 1979 | 0.1945 current LCU per US$ of GDP | +18.3% |
| 1980 | 0.1875 current LCU per US$ of GDP | -3.6% |
| 1981 | 0.1988 current LCU per US$ of GDP | +6.0% |
| 1982 | 0.1388 current LCU per US$ of GDP | -30.2% |
| 1983 | 0.1493 current LCU per US$ of GDP | +7.6% |
| 1984 | 0.1577 current LCU per US$ of GDP | +5.6% |
| 1985 | 0.1329 current LCU per US$ of GDP | -15.7% |
| 1986 | 0.164 current LCU per US$ of GDP | +23.4% |
| 1987 | 0.1457 current LCU per US$ of GDP | -11.1% |
| 1988 | 0.1368 current LCU per US$ of GDP | -6.1% |
| 1989 | 0.1522 current LCU per US$ of GDP | +11.3% |
| 1992 | 0.0672 current LCU per US$ of GDP | -55.9% |
| 1993 | 0.0942 current LCU per US$ of GDP | +40.2% |
| 1994 | 0.0933 current LCU per US$ of GDP | -1.0% |
| 1995 | 0.1125 current LCU per US$ of GDP | +20.6% |
| 1996 | 0.1195 current LCU per US$ of GDP | +6.2% |
| 1997 | 0.1293 current LCU per US$ of GDP | +8.2% |
| 1998 | 0.0822 current LCU per US$ of GDP | -36.4% |
| 1999 | 0.0955 current LCU per US$ of GDP | +16.1% |
| 2000 | 0.152 current LCU per US$ of GDP | +59.3% |
| 2001 | 0.117 current LCU per US$ of GDP | -23.0% |
| 2002 | 0.086 current LCU per US$ of GDP | -26.5% |
| 2003 | 0.1082 current LCU per US$ of GDP | +25.9% |
| 2004 | 0.1436 current LCU per US$ of GDP | +32.7% |
| 2005 | 0.1719 current LCU per US$ of GDP | +19.7% |
| 2006 | 0.1941 current LCU per US$ of GDP | +12.9% |
| 2007 | 0.1627 current LCU per US$ of GDP | -16.2% |
| 2008 | 0.1573 current LCU per US$ of GDP | -3.3% |
| 2009 | 0.1235 current LCU per US$ of GDP | -21.4% |
| 2010 | 0.1453 current LCU per US$ of GDP | +17.6% |
| 2011 | 0.1588 current LCU per US$ of GDP | +9.3% |
| 2012 | 0.1651 current LCU per US$ of GDP | +4.0% |
| 2013 | 0.1574 current LCU per US$ of GDP | -4.6% |
| 2014 | 0.1428 current LCU per US$ of GDP | -9.3% |
| 2015 | 0.093 current LCU per US$ of GDP | -34.8% |
| 2016 | 0.0769 current LCU per US$ of GDP | -17.3% |
| 2017 | 0.1077 current LCU per US$ of GDP | +40.0% |
| 2018 | 0.1205 current LCU per US$ of GDP | +11.9% |
| 2019 | 0.1084 current LCU per US$ of GDP | -10.1% |
| 2020 | 0.0703 current LCU per US$ of GDP | -35.1% |
| 2021 | 0.1196 current LCU per US$ of GDP | +70.2% |
| 2022 | 0.156 current LCU per US$ of GDP | +30.4% |
| 2023 | 0.15 current LCU per US$ of GDP | -3.8% |
| 2024 | 0.1353 current LCU per US$ of GDP | -9.8% |
Kuwait compared with similar countries
- Kuwait's 0.1353 current LCU per US$ of GDP is below the median for high income countries, which is 0.313 current LCU per US$ of GDP, 43% of the median. (63 countries reporting)
- Kuwait's 0.1353 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.08 current LCU per US$ of GDP, 12% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1835 current LCU per US$ of GDP | 0.1592 current LCU per US$ of GDP | 0.2027 current LCU per US$ of GDP | 5 |
| 1980s | 0.1564 current LCU per US$ of GDP | 0.1329 current LCU per US$ of GDP | 0.1988 current LCU per US$ of GDP | 10 |
| 1990s | 0.0992 current LCU per US$ of GDP | 0.0672 current LCU per US$ of GDP | 0.1293 current LCU per US$ of GDP | 8 |
| 2000s | 0.1416 current LCU per US$ of GDP | 0.086 current LCU per US$ of GDP | 0.1941 current LCU per US$ of GDP | 10 |
| 2010s | 0.1276 current LCU per US$ of GDP | 0.0769 current LCU per US$ of GDP | 0.1651 current LCU per US$ of GDP | 10 |
| 2020s | 0.1262 current LCU per US$ of GDP | 0.0703 current LCU per US$ of GDP | 0.156 current LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
- 159 United States 0.166 current LCU per US$ of GDP compare
- 160 Bulgaria 0.1484 current LCU per US$ of GDP compare
- 161 Slovakia 0.1436 current LCU per US$ of GDP compare
- 163 United Kingdom 0.1305 current LCU per US$ of GDP compare
- 164 Bahrain 0.1256 current LCU per US$ of GDP compare
- 165 Luxembourg 0.1248 current LCU per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Kuwait?
- Gross savings (current lcu), per unit of gdp in Kuwait was 0.1353 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.2027 current LCU per US$ of GDP in 1976.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0672 current LCU per US$ of GDP in 1992.
- How does Kuwait rank for gross savings (current lcu), per unit of gdp?
- Kuwait ranks 162nd out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- 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 savings (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.