Kuwait - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Kuwait was $3,306,397,000 as of 1994. Over the past 29 years, the value for this indicator has fluctuated between $5,238,525,000 in 1983 and $266,031,900 in 1965.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 $266,031,900
1966 $378,045,400
1967 $456,454,800
1968 $439,652,800
1969 $476,057,100
1970 $354,242,500
1971 $355,518,100
1972 $387,047,700
1973 $491,571,100
1974 $756,139,100
1975 $1,440,000,000
1976 $1,925,787,000
1977 $2,844,382,000
1978 $2,885,860,000
1979 $2,856,729,000
1980 $3,598,224,000
1981 $3,847,920,000
1982 $4,987,843,000
1983 $5,238,525,000
1984 $4,589,598,000
1985 $4,244,714,000
1986 $3,878,080,000
1987 $3,789,738,000
1988 $2,831,039,000
1989 $2,627,978,000
1990 $3,322,222,000
1991 $4,326,416,000
1992 $3,946,830,000
1993 $3,622,516,000
1994 $3,306,397,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Kuwait was 982,000,000 as of 1994. As the graph below shows, over the past 29 years this indicator reached a maximum value of 1,527,030,000 in 1983 and a minimum value of 95,000,000 in 1965.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 95,000,000
1966 135,000,000
1967 163,000,000
1968 157,000,000
1969 170,000,000
1970 126,500,000
1971 126,600,000
1972 127,300,000
1973 145,800,000
1974 221,700,000
1975 417,600,000
1976 563,100,000
1977 815,200,000
1978 793,900,000
1979 789,600,000
1980 972,600,000
1981 1,072,800,000
1982 1,436,000,000
1983 1,527,030,000
1984 1,358,980,000
1985 1,276,810,000
1986 1,126,970,000
1987 1,056,200,000
1988 789,860,000
1989 772,100,000
1990 956,800,000
1991 1,230,000,000
1992 1,158,000,000
1993 1,094,000,000
1994 982,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Kuwait was 13.31 as of 1994. Its highest value over the past 29 years was 39.30 in 1991, while its lowest value was 5.81 in 1974.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 12.68
1966 15.81
1967 18.69
1968 16.51
1969 17.19
1970 12.33
1971 9.16
1972 8.70
1973 9.09
1974 5.81
1975 11.98
1976 14.67
1977 20.12
1978 18.62
1979 11.54
1980 12.56
1981 15.36
1982 23.12
1983 25.10
1984 21.15
1985 19.80
1986 21.66
1987 16.94
1988 13.68
1989 10.81
1990 18.03
1991 39.30
1992 19.87
1993 15.13
1994 13.31

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts