Gross savings (current US$), per unit of GDP in Kuwait
Kuwait: Gross savings (current US$), per unit of GDP was 0.4413 current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.4413 current US$ per US$ of GDP
Change on year
down 9.6%
World rank
5th
of 178 countries
All-time high
0.713 current US$ per US$ of GDP
in 1981
All-time low
0.229 current US$ per US$ of GDP
in 1992
Years of data
48
1975–2024
Gross savings (current US$), per unit of GDP in Kuwait, 1975–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Kuwait stood at 0.4413 current US$ per US$ of GDP.
The figure is down 9.6% on the previous year and down 12.0% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Kuwait peaked at 0.713 current US$ per US$ of GDP in 1981 and was at its lowest, 0.229 current US$ per US$ of GDP, in 1992.
Kuwait ranks 5th of 178 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 48 years of available data.
Gross savings (current US$), per unit of GDP in Kuwait, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.6787 current US$ per US$ of GDP | — |
| 1976 | 0.6932 current US$ per US$ of GDP | +2.1% |
| 1977 | 0.5555 current US$ per US$ of GDP | -19.9% |
| 1978 | 0.5977 current US$ per US$ of GDP | +7.6% |
| 1979 | 0.7036 current US$ per US$ of GDP | +17.7% |
| 1980 | 0.6938 current US$ per US$ of GDP | -1.4% |
| 1981 | 0.713 current US$ per US$ of GDP | +2.8% |
| 1982 | 0.4821 current US$ per US$ of GDP | -32.4% |
| 1983 | 0.5123 current US$ per US$ of GDP | +6.3% |
| 1984 | 0.5326 current US$ per US$ of GDP | +4.0% |
| 1985 | 0.442 current US$ per US$ of GDP | -17.0% |
| 1986 | 0.5644 current US$ per US$ of GDP | +27.7% |
| 1987 | 0.5229 current US$ per US$ of GDP | -7.3% |
| 1988 | 0.4902 current US$ per US$ of GDP | -6.3% |
| 1989 | 0.5181 current US$ per US$ of GDP | +5.7% |
| 1992 | 0.229 current US$ per US$ of GDP | -55.8% |
| 1993 | 0.3119 current US$ per US$ of GDP | +36.2% |
| 1994 | 0.3141 current US$ per US$ of GDP | +0.7% |
| 1995 | 0.3771 current US$ per US$ of GDP | +20.0% |
| 1996 | 0.3992 current US$ per US$ of GDP | +5.9% |
| 1997 | 0.4262 current US$ per US$ of GDP | +6.8% |
| 1998 | 0.2699 current US$ per US$ of GDP | -36.7% |
| 1999 | 0.3136 current US$ per US$ of GDP | +16.2% |
| 2000 | 0.4957 current US$ per US$ of GDP | +58.1% |
| 2001 | 0.3816 current US$ per US$ of GDP | -23.0% |
| 2002 | 0.2828 current US$ per US$ of GDP | -25.9% |
| 2003 | 0.3631 current US$ per US$ of GDP | +28.4% |
| 2004 | 0.4874 current US$ per US$ of GDP | +34.2% |
| 2005 | 0.5886 current US$ per US$ of GDP | +20.8% |
| 2006 | 0.6688 current US$ per US$ of GDP | +13.6% |
| 2007 | 0.5725 current US$ per US$ of GDP | -14.4% |
| 2008 | 0.585 current US$ per US$ of GDP | +2.2% |
| 2009 | 0.4293 current US$ per US$ of GDP | -26.6% |
| 2010 | 0.5069 current US$ per US$ of GDP | +18.1% |
| 2011 | 0.5754 current US$ per US$ of GDP | +13.5% |
| 2012 | 0.5898 current US$ per US$ of GDP | +2.5% |
| 2013 | 0.5551 current US$ per US$ of GDP | -5.9% |
| 2014 | 0.5017 current US$ per US$ of GDP | -9.6% |
| 2015 | 0.3092 current US$ per US$ of GDP | -38.4% |
| 2016 | 0.2545 current US$ per US$ of GDP | -17.7% |
| 2017 | 0.3549 current US$ per US$ of GDP | +39.4% |
| 2018 | 0.399 current US$ per US$ of GDP | +12.4% |
| 2019 | 0.3569 current US$ per US$ of GDP | -10.5% |
| 2020 | 0.2295 current US$ per US$ of GDP | -35.7% |
| 2021 | 0.3965 current US$ per US$ of GDP | +72.8% |
| 2022 | 0.5094 current US$ per US$ of GDP | +28.5% |
| 2023 | 0.4883 current US$ per US$ of GDP | -4.1% |
| 2024 | 0.4413 current US$ per US$ of GDP | -9.6% |
Kuwait compared with similar countries
- Kuwait's 0.4413 current US$ per US$ of GDP is above the median for high income countries, which is 0.237 current US$ per US$ of GDP, 1.9× the median. (63 countries reporting)
- Kuwait's 0.4413 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2586 current US$ per US$ of GDP, 1.7× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6457 current US$ per US$ of GDP | 0.5555 current US$ per US$ of GDP | 0.7036 current US$ per US$ of GDP | 5 |
| 1980s | 0.5471 current US$ per US$ of GDP | 0.442 current US$ per US$ of GDP | 0.713 current US$ per US$ of GDP | 10 |
| 1990s | 0.3301 current US$ per US$ of GDP | 0.229 current US$ per US$ of GDP | 0.4262 current US$ per US$ of GDP | 8 |
| 2000s | 0.4855 current US$ per US$ of GDP | 0.2828 current US$ per US$ of GDP | 0.6688 current US$ per US$ of GDP | 10 |
| 2010s | 0.4403 current US$ per US$ of GDP | 0.2545 current US$ per US$ of GDP | 0.5898 current US$ per US$ of GDP | 10 |
| 2020s | 0.413 current US$ per US$ of GDP | 0.2295 current US$ per US$ of GDP | 0.5094 current US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 2 Suriname 0.5034 current US$ per US$ of GDP compare
- 3 Macao 0.4782 current US$ per US$ of GDP compare
- 4 Brunei 0.4533 current US$ per US$ of GDP compare
- 6 Bermuda 0.4342 current US$ per US$ of GDP compare
- 7 Burundi 0.4306 current US$ per US$ of GDP compare
- 8 China 0.4271 current US$ 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Kuwait?
- Gross savings (current us$), per unit of gdp in Kuwait was 0.4413 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.713 current US$ per US$ of GDP in 1981.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.229 current US$ per US$ of GDP in 1992.
- How does Kuwait rank for gross savings (current us$), per unit of gdp?
- Kuwait ranks 5th out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 12.0%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.