Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Kuwait

Gross capital formation (% of GDP) in Kuwait in 2024 — 15.1%. Ranked 148 in the world out of 169. Since 1965, the indicator has fallen by 0.7 pp.

2024 15.1% −2.7 pp vs 2023
World rank 148of 169
Period maximum 41.9%1991
Period minimum 6.8%1974

Trend over time

1965–2024 · % of GDP

Gross capital formation (% of GDP) — Kuwait, 1965–20240204060196519711977198319891995200120072013201920241965: 15.8%1966: 17.7%1967: 21.3%1968: 18%1969: 19.1%1970: 12.1%1971: 9.4%1972: 9.3%1973: 9.5%1974: 6.8%1975: 12.7%1976: 16.5%1977: 23.3%1978: 20.2%1979: 13.7%1980: 13.9%1981: 16.6%1982: 25.2%1983: 24.8%1984: 21%1985: 18.9%1986: 22.1%1987: 17.5%1988: 15.7%1989: 12.3%1990: 17.6%1991: 41.9%1992: 22.4%1993: 17.2%1994: 16.2%1995: 14.8%1996: 15.1%1997: 13.6%1998: 18.5%1999: 14.6%2000: 10.7%2001: 14.3%2002: 17.1%2003: 16.6%2004: 18.2%2005: 16.4%2006: 16.2%2007: 20.5%2008: 17.6%2009: 18%2010: 17.7%2011: 13.5%2012: 12.8%2013: 14.4%2014: 16.3%2015: 25.4%2016: 30%2017: 27.7%2018: 25.5%2019: 23%2020: 18.7%2021: 14.5%2022: 16.5%2023: 17.8%2024: 15.1%
Change over the period: −0.7 pp Annual average: -0.01 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 15.1%
World 26.3%
Western Asia computed 27.8%
High-income countries computed 22.6%
Gross capital formation (% of GDP) — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2024 15.1 −2.7 pp
2023 17.8 +1.2 pp
2022 16.5 +2.1 pp
2021 14.5 −4.2 pp
2020 18.7 −4.4 pp
2019 23 −2.5 pp
2018 25.5 −2.2 pp
2017 27.7 −2.2 pp
2016 30 +4.5 pp
2015 25.4 +9.1 pp
2014 16.3 +1.9 pp
2013 14.4 +1.5 pp
2012 12.8 −0.7 pp
2011 13.5 −4.1 pp
2010 17.7 −0.3 pp
2009 18 +0.3 pp
2008 17.6 −2.8 pp
2007 20.5 +4.3 pp
2006 16.2 −0.3 pp
2005 16.4 −1.8 pp
2004 18.2 +1.6 pp
2003 16.6 −0.5 pp
2002 17.1 +2.8 pp
2001 14.3 +3.6 pp
2000 10.7 −3.9 pp
1999 14.6 −3.9 pp
1998 18.5 +4.8 pp
1997 13.6 −1.5 pp
1996 15.1 +0.3 pp
1995 14.8 −1.4 pp
1994 16.2 −1 pp
1993 17.2 −5.2 pp
1992 22.4 −19.5 pp
1991 41.9 +24.2 pp
1990 17.6 +5.3 pp
1989 12.3 −3.4 pp
1988 15.7 −1.8 pp
1987 17.5 −4.6 pp
1986 22.1 +3.3 pp
1985 18.9 −2.2 pp
1984 21 −3.8 pp
1983 24.8 −0.4 pp
1982 25.2 +8.6 pp
1981 16.6 +2.7 pp
1980 13.9 +0.3 pp
1979 13.7 −6.6 pp
1978 20.2 −3.1 pp
1977 23.3 +6.8 pp
1976 16.5 +3.8 pp
1975 12.7 +5.9 pp
1974 6.8 −2.7 pp
1973 9.5 +0.2 pp
1972 9.3 −0.1 pp
1971 9.4 −2.7 pp
1970 12.1 −7 pp
1969 19.1 +1.1 pp
1968 18 −3.3 pp
1967 21.3 +3.6 pp
1966 17.7 +1.9 pp
1965 15.8

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.