Kuwait Investment (gross fixed)

Definition: This entry records total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes invesment that merely replaces worn-out or scrapped capital.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of December 6, 2013

Related Data From the International Monetary Fund

Variable: Investment

Note: Expressed as a ratio of total investment in current local currency and GDP in current local currency. Investment or gross capital formation is measured by the total value of the gross fixed capital formation and changes in inventories and acquisitions less disposals of valuables for a unit or sector. [SNA 1993]

Units: Percent of GDP

Country-specific Note: Source: Ministry of Planning and Central Statistical Office Latest actual data: 2009. The latest year of data for national accounts at constant prices is 2007. Notes: Real GDP data for the period 1990-1999 have been adjusted by desk economist to account for breaks in the source data. The breaks are associated with changes in the base year from 1984 to 1995 and subsequently to 2000. Only pre-revision data exist for the period prior to 1995. Simple rebasing technique does not apply because even the nominal data were revised back to 1995. Using the pre-revision data, desk economist recalculated the constant price data for the period prior to 1995 so that y-o-y change of each component remains unchanged. A similar adjustment was made to the period 1995-1999. National accounts manual used: SNA 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2000 Chain-weighted: No Primary domestic currency: Kuwaiti dinars Data last updated: 09/2011

Source: International Monetary Fund - 2011 World Economic Outlook