Gross capital formation in Kuwait
Kuwait: Gross capital formation was 24.30 billion current US$ in 2024. ◆ Volatile
Gross capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in Kuwait stood at 24.30 billion current US$.
That represents a change of down 17.3% on the previous year and down 8.3% over ten years.
Over the whole period, gross capital formation in Kuwait peaked at 35.42 billion current US$ in 2018 and was at its lowest, 330.40 million current US$, in 1965.
Kuwait ranks 71st of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 456.40 million current US$ | 330.40 million current US$ | 529.20 million current US$ | 5 |
| 1970s | 1.60 billion current US$ | 348.32 million current US$ | 3.38 billion current US$ | 10 |
| 1980s | 4.15 billion current US$ | 2.99 billion current US$ | 5.44 billion current US$ | 10 |
| 1990s | 4.25 billion current US$ | 3.25 billion current US$ | 4.79 billion current US$ | 10 |
| 2000s | 13.25 billion current US$ | 4.02 billion current US$ | 25.98 billion current US$ | 10 |
| 2010s | 27.83 billion current US$ | 20.38 billion current US$ | 35.42 billion current US$ | 10 |
| 2020s | 25.25 billion current US$ | 20.71 billion current US$ | 30.37 billion current US$ | 5 |
Countries ranked near Kuwait
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 24.30 billion current US$ 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 35.42 billion current US$ in 2018.
- What is the lowest gross capital formation recorded in Kuwait?
- The lowest recorded value was 330.40 million current US$ in 1965.
- How does Kuwait rank for gross capital formation?
- Kuwait ranks 71st 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 8.3%. 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 US$). 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 indicator is expressed in United States dollars.