Gross capital formation rose 44.0% to USD 31,065 bil in Kuwait in 2022, according to the National Statistical Office.
Historically, gross capital formation in Kuwait reached an all time high of USD 35,420 bil in 2018 and an all time low of USD 330 bil in 1965. When compared to Kuwait's main peers, gross capital formation in Bahrain amounted to USD 11,424 bil, USD 69,874 bil in Iraq, USD 149,864 bil in Iran and USD 328,553 bil in Saudi Arabia in 2022.
Kuwait has been ranked 61st within the group of 156 countries we follow in terms of gross capital formation, 3 places above the position seen 10 years ago.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bahrain | USD bil | 14,071 | 14,409 | 13,366 | 11,473 | 11,424 | ... | |||||||||||||||
Iran | USD bil | 132,465 | 124,400 | 110,771 | 151,276 | 149,864 | ||||||||||||||||
Iraq | USD bil | 39,984 | 53,131 | 40,425 | 44,933 | 69,874 | ||||||||||||||||
Jordan | USD bil | 10,566 | 9,530 | 9,377 | 11,656 | ... | ... | ... | ||||||||||||||
Kuwait | USD bil | 35,420 | 32,400 | 20,711 | 21,572 | 31,065 | ... | ... | ||||||||||||||
Pakistan | USD bil | 60,785 | 49,740 | 44,510 | 50,656 | 58,335 | ||||||||||||||||
Qatar | USD bil | 74,542 | 77,137 | 63,323 | 66,144 | 72,229 | ... | ... | ||||||||||||||
Saudi Arabia | USD bil | 198,349 | 227,132 | 179,054 | 258,859 | 328,553 | ||||||||||||||||
Syria | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
Turkmenistan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
United Arab Emirates | USD bil | 93,228 | 100,607 | 81,528 | 107,228 | 133,264 | ... | |||||||||||||||
Yemen | USD bil | ... | ... | ... | ... | ... | ... | ... | ... |