Kuwait: Adjusted savings, consumption of fixed capital (% of GNI)

Key figures

What the numbers say

In 2019, Kuwait's adjusted savings, consumption of fixed capital (% of GNI) rose 0.58 percentage points on 2018 (from 7.07% to 7.65%).

Across the 30 yearly changes before that (1989 to 2018), the average change was +0.05 percentage points and a typical year strayed about 1.63 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above 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 4.85 percentage points in 1991 and the biggest yearly fall was 6.51 percentage points in 1974. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2010 to 2019 the straight-line trend is upward, about 0.16 percentage points a year. A straight line explains 31% of the movement over 10 observed years.

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

Closest to Kuwait in the 2019 ranking

• Turkmenistan — 1st of 4: 15.65%
• Liechtenstein — 2nd of 4: 14.87%
• Cuba — 3rd of 4: 12.57%

What this measures

Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 50 values

Adjusted savings, consumption of fixed capital (% of GNI) in nearby economies

• Afghanistan — 8.31% (2021)
• Algeria — 8.34% (2021)
• Bahrain — 10.05% (2020)
• Djibouti — 9.72% (2021)
• Egypt, Arab Rep. — 6.11% (2021)
• Iran, Islamic Rep. — 20.23% (2021)
• Iraq — 10.36% (2021)
• Israel — 15.04% (2021)
• Jordan — 4.24% (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 (% of GNI)?

7.65% in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is down 0.46 percentage points from 8.11% in 1970. The highest value was 10.03% in 1991 and the lowest 2.33% in 1976.

Is the latest change in adjusted savings, consumption of fixed capital (% of GNI) unusual for Kuwait?

In 2019, Kuwait's adjusted savings, consumption of fixed capital (% of GNI) rose 0.58 percentage points on 2018 (from 7.07% to 7.65%). Across the 30 yearly changes before that (1989 to 2018), the average change was +0.05 percentage points and a typical year strayed about 1.63 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator NY.ADJ.DKAP.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts Statistics, United Nations (UN), publisher: UN Statistics Division 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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