Kuwait: Adjusted savings, consumption of fixed capital (current US$)

Key figures

What the numbers say

In 2020, Kuwait's adjusted savings, consumption of fixed capital (current US$) fell 4.6% on 2019 (from US$11.82 billion to US$11.28 billion).

Across the 30 yearly changes before that (1990 to 2019), the average change was +7.9% and a typical year strayed about 13.7% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 37.1% in 1973 and the biggest yearly fall was 16% in 1999. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 there is no clear straight-line trend: a straight line explains 19% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Kuwait in the 2020 ranking

• Cuba — 1st of 6: US$13.31 billion
• Liechtenstein — 3rd of 6: US$932.45 million
• Greenland — 4th of 6: US$381.37 million
• Syrian Arab Republic — 5th of 6: US$379.99 million

What this measures

Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.

All 51 values

Adjusted savings, consumption of fixed capital (current US$) in nearby economies

• Afghanistan — US$1.24 billion (2021)
• Algeria — US$13.3 billion (2021)
• Bahrain — US$4.04 billion (2021)
• Djibouti — US$332.59 million (2021)
• Egypt, Arab Rep. — US$23.95 billion (2021)
• Iran, Islamic Rep. — US$73.02 billion (2021)
• Iraq — US$21.33 billion (2021)
• Israel — US$72.36 billion (2021)
• Jordan — US$1.93 billion (2021)

More economic policy & debt data for Kuwait

• Total reserves, including gold (current US$) — US$51.74 billion (2025)
• Total reserves, excluding gold (current US$) — US$40.65 billion (2025)
• GDP (current US$) — US$157.21 billion (2025)
• GDP (current LCU) — 48.18 billion (2025)
• GDP per capita (current US$) — US$32,312 (2025)
• GDP per capita (current LCU) — 9,902 (2025)
• GNI (current US$) — US$193.99 billion (2024)
• GNI (current LCU) — 59.49 billion (2024)
• GNI per capita (current LCU) — 12,148 (2024)
• General government final consumption expenditure (current US$) — US$41.5 billion (2024)

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Questions people ask

What is Kuwait's adjusted savings, consumption of fixed capital (current US$)?

US$11.28 billion in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 5,735% from US$193.38 million in 1970 (8.47% a year on average, compounded). The highest value was US$11.82 billion in 2019 and the lowest US$193.38 million in 1970.

Is the latest change in adjusted savings, consumption of fixed capital (current US$) unusual for Kuwait?

In 2020, Kuwait's adjusted savings, consumption of fixed capital (current US$) fell 4.6% on 2019 (from US$11.82 billion to US$11.28 billion). Across the 30 yearly changes before that (1990 to 2019), the average change was +7.9% and a typical year strayed about 13.7% from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.ADJ.DKAP.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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