Gross capital formation in Kuwait
Kuwait: Gross capital formation was 7.45 billion current LCU in 2024. ◆ Volatile
Gross capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Kuwait stood at 7.45 billion current LCU.
The figure is down 17.4% on the previous year and down 1.2% over ten years.
Over the whole period, gross capital formation in Kuwait peaked at 10.70 billion current LCU in 2018 and was at its lowest, 118.00 million current LCU, in 1965.
Kuwait ranks 156th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 163.00 million current LCU | 118.00 million current LCU | 189.00 million current LCU | 5 |
| 1970s | 462.13 million current LCU | 124.40 million current LCU | 944.60 million current LCU | 10 |
| 1980s | 1.19 billion current LCU | 878.50 million current LCU | 1.57 billion current LCU | 10 |
| 1990s | 1.27 billion current LCU | 935.40 million current LCU | 1.46 billion current LCU | 10 |
| 2000s | 3.81 billion current LCU | 1.23 billion current LCU | 6.98 billion current LCU | 10 |
| 2010s | 8.18 billion current LCU | 5.76 billion current LCU | 10.70 billion current LCU | 10 |
| 2020s | 7.72 billion current LCU | 6.34 billion current LCU | 9.30 billion current LCU | 5 |
Countries ranked near Kuwait
- 153 El Salvador 9.67 billion current LCU compare
- 154 Greenland 8.25 billion current LCU compare
- 155 Faroe Islands 7.87 billion current LCU compare
- 157 Cyprus 7.03 billion current LCU compare
- 158 Seychelles 6.58 billion current LCU compare
- 159 Brunei 5.33 billion current LCU compare
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
Frequently asked questions
- What is gross capital formation in Kuwait?
- Gross capital formation in Kuwait was 7.45 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Kuwait?
- The highest recorded value was 10.70 billion current LCU in 2018.
- What is the lowest gross capital formation recorded in Kuwait?
- The lowest recorded value was 118.00 million current LCU in 1965.
- How does Kuwait rank for gross capital formation?
- Kuwait ranks 156th out of 186 countries with data for 2024.
- Is gross capital formation rising or falling in Kuwait?
- Over the last ten years it is down 1.2%. The long-run trend across the full record is volatile.
- 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 capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.