Kuwait: Chemicals (% of value added in manufacturing)

Key figures

What the numbers say

In 2021, Kuwait's chemicals (% of value added in manufacturing) fell 0 percentage points on 2020 (from 22.78% to 22.78%).

Across the 30 yearly changes before that (1991 to 2020), the average change was +0.67 percentage points and a typical year strayed about 3.64 percentage points from that (the standard deviation). This year's change was 0.2 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 10.06 percentage points in 2002 and the biggest yearly fall was 8.63 percentage points in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains less than 1% 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 2021 ranking

• Finland — 2nd of 8: 9.95%
• Austria — 3rd of 8: 9.43%
• Thailand — 4th of 8: 8.08%

What this measures

Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 55 values

Chemicals (% of value added in manufacturing) in nearby economies

• Algeria — 1.79% (2017)
• Bahrain — 16.1% (2018)
• Egypt, Arab Rep. — 12.58% (2022)
• Iran, Islamic Rep. — 25.17% (2022)
• Iraq — 0.67% (2022)
• Jordan — 14.81% (2022)
• Lebanon — 14.56% (2020)
• Malta — 6.47% (2023)
• Morocco — 18.7% (2024)
• Oman — 39.54% (2023)

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)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kuwait's chemicals (% of value added in manufacturing)?

22.78% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1967?

It is up 21.33 percentage points from 1.45% in 1967. The highest value was 31.42% in 2018 and the lowest 1.45% in 1967.

Is the latest change in chemicals (% of value added in manufacturing) unusual for Kuwait?

In 2021, Kuwait's chemicals (% of value added in manufacturing) fell 0 percentage points on 2020 (from 22.78% to 22.78%). Across the 30 yearly changes before that (1991 to 2020), the average change was +0.67 percentage points and a typical year strayed about 3.64 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).

Source

World Bank, World Development Indicators, indicator NV.MNF.CHEM.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.