National comprehensive wealth index in Kuwait
Kuwait: National comprehensive wealth index was 1.48 trillion real chained 2019 US$ in 2020. ◆ Volatile
National comprehensive wealth index in Kuwait, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
Kuwait recorded 1.48 trillion real chained 2019 US$ for national comprehensive wealth index in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 78.6% over ten years.
Over the whole period, national comprehensive wealth index in Kuwait peaked at 1.48 trillion real chained 2019 US$ in 2020 and was at its lowest, 283.55 billion real chained 2019 US$, in 1995.
Kuwait ranks 51st of 150 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
National comprehensive wealth index in Kuwait, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 283.55 billion real chained 2019 US$ | — |
| 1996 | 301.48 billion real chained 2019 US$ | +6.3% |
| 1997 | 312.46 billion real chained 2019 US$ | +3.6% |
| 1998 | 325.14 billion real chained 2019 US$ | +4.1% |
| 1999 | 349.26 billion real chained 2019 US$ | +7.4% |
| 2000 | 393.67 billion real chained 2019 US$ | +12.7% |
| 2001 | 408.22 billion real chained 2019 US$ | +3.7% |
| 2002 | 416.65 billion real chained 2019 US$ | +2.1% |
| 2003 | 450.79 billion real chained 2019 US$ | +8.2% |
| 2004 | 487.78 billion real chained 2019 US$ | +8.2% |
| 2005 | 538.84 billion real chained 2019 US$ | +10.5% |
| 2006 | 623.91 billion real chained 2019 US$ | +15.8% |
| 2007 | 668.45 billion real chained 2019 US$ | +7.1% |
| 2008 | 695.16 billion real chained 2019 US$ | +4.0% |
| 2009 | 744.61 billion real chained 2019 US$ | +7.1% |
| 2010 | 826.42 billion real chained 2019 US$ | +11.0% |
| 2011 | 897.88 billion real chained 2019 US$ | +8.6% |
| 2012 | 1.02 trillion real chained 2019 US$ | +13.3% |
| 2013 | 1.14 trillion real chained 2019 US$ | +11.6% |
| 2014 | 1.20 trillion real chained 2019 US$ | +5.9% |
| 2015 | 1.21 trillion real chained 2019 US$ | +0.5% |
| 2016 | 1.22 trillion real chained 2019 US$ | +0.7% |
| 2017 | 1.30 trillion real chained 2019 US$ | +6.6% |
| 2018 | 1.30 trillion real chained 2019 US$ | -0.1% |
| 2019 | 1.41 trillion real chained 2019 US$ | +8.6% |
| 2020 | 1.48 trillion real chained 2019 US$ | +4.8% |
Kuwait compared with similar countries
- Kuwait's 1.48 trillion real chained 2019 US$ is below the median for high income countries, which is 2.84 trillion real chained 2019 US$, 52% of the median. (51 countries reporting)
- Kuwait's 1.48 trillion real chained 2019 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.48 trillion real chained 2019 US$, 1.0× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 314.38 billion real chained 2019 US$ | 283.55 billion real chained 2019 US$ | 349.26 billion real chained 2019 US$ | 5 |
| 2000s | 542.81 billion real chained 2019 US$ | 393.67 billion real chained 2019 US$ | 744.61 billion real chained 2019 US$ | 10 |
| 2010s | 1.15 trillion real chained 2019 US$ | 826.42 billion real chained 2019 US$ | 1.41 trillion real chained 2019 US$ | 10 |
| 2020s | 1.48 trillion real chained 2019 US$ | 1.48 trillion real chained 2019 US$ | 1.48 trillion real chained 2019 US$ | 1 |
Countries ranked near Kuwait
- 48 Egypt 1.93 trillion real chained 2019 US$ compare
- 49 Ireland 1.87 trillion real chained 2019 US$ compare
- 50 Portugal 1.68 trillion real chained 2019 US$ compare
- 52 Romania 1.45 trillion real chained 2019 US$ compare
- 53 Ethiopia 1.44 trillion real chained 2019 US$ compare
- 54 Ukraine 1.24 trillion real chained 2019 US$ compare
More reference data data for Kuwait
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.092 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2888 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.385 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.385 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3086 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1086 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.53 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0052 (2050)
Frequently asked questions
- What is national comprehensive wealth index in Kuwait?
- National comprehensive wealth index in Kuwait was 1.48 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest national comprehensive wealth index recorded in Kuwait?
- The highest recorded value was 1.48 trillion real chained 2019 US$ in 2020.
- What is the lowest national comprehensive wealth index recorded in Kuwait?
- The lowest recorded value was 283.55 billion real chained 2019 US$ in 1995.
- How does Kuwait rank for national comprehensive wealth index?
- Kuwait ranks 51st out of 150 countries with data for 2020.
- Is national comprehensive wealth index rising or falling in Kuwait?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of National comprehensive wealth index (real chained 2019 US$). Statizoid updates them automatically from the source API.
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About this data
Total wealth is calculated as the sum of produced capital, natural capital, human capital, and net foreign assets. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.