Gross fixed capital formation in Kuwait
Kuwait: Gross fixed capital formation was 26.95 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross fixed capital formation in Kuwait is 26.95 billion current US$, measured in 2024.
That represents a change of down 10.4% on the previous year and up 1.3% over ten years.
Over the whole period, gross fixed capital formation in Kuwait peaked at 34.30 billion current US$ in 2018 and was at its lowest, 266.00 million current US$, in 1965.
That places Kuwait 64th out of 180 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 403.20 million current US$ | 266.00 million current US$ | 476.00 million current US$ | 5 |
| 1970s | 1.43 billion current US$ | 354.20 million current US$ | 2.89 billion current US$ | 10 |
| 1980s | 3.96 billion current US$ | 2.63 billion current US$ | 5.24 billion current US$ | 10 |
| 1990s | 3.70 billion current US$ | 3.31 billion current US$ | 4.33 billion current US$ | 5 |
| 2010s | 27.07 billion current US$ | 19.26 billion current US$ | 34.30 billion current US$ | 10 |
| 2020s | 26.39 billion current US$ | 22.21 billion current US$ | 30.06 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 fixed capital formation in Kuwait?
- Gross fixed capital formation in Kuwait was 26.95 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Kuwait?
- The highest recorded value was 34.30 billion current US$ in 2018.
- What is the lowest gross fixed capital formation recorded in Kuwait?
- The lowest recorded value was 266.00 million current US$ in 1965.
- How does Kuwait rank for gross fixed capital formation?
- Kuwait ranks 64th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Kuwait?
- Over the last ten years it is up 1.3%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.