Natural resource rents, annual growth rate in Kuwait
Kuwait: Natural resource rents, annual growth rate was -26.49 % change on previous year in 2020. ◆ Volatile
Natural resource rents, annual growth rate in Kuwait, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2020, natural resource rents, annual growth rate in Kuwait stood at -26.49 % change on previous year.
That represents a change of down 125.1% on the previous year and down 213.6% over ten years.
Over the whole period, natural resource rents, annual growth rate in Kuwait peaked at 114.42 % change on previous year in 1992 and was at its lowest, -66 % change on previous year, in 1991.
That places Kuwait 176th out of 190 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Natural resource rents, annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.71 % change on previous year | — |
| 1972 | 14.27 % change on previous year | +85.1% |
| 1973 | 13 % change on previous year | -8.9% |
| 1974 | 46.66 % change on previous year | +258.9% |
| 1975 | -11.81 % change on previous year | -125.3% |
| 1976 | 2.69 % change on previous year | -122.8% |
| 1977 | -7.59 % change on previous year | -382.3% |
| 1978 | 1.02 % change on previous year | -113.4% |
| 1981 | -30.96 % change on previous year | -3147.4% |
| 1982 | -30.2 % change on previous year | -2.5% |
| 1983 | 31.12 % change on previous year | -203.0% |
| 1984 | 3.95 % change on previous year | -87.3% |
| 1985 | -20.2 % change on previous year | -611.6% |
| 1986 | -24.25 % change on previous year | +20.0% |
| 1987 | -10.18 % change on previous year | -58.0% |
| 1988 | 11.82 % change on previous year | -216.1% |
| 1989 | 27.41 % change on previous year | +131.9% |
| 1990 | 14.67 % change on previous year | -46.5% |
| 1991 | -66 % change on previous year | -550.0% |
| 1992 | 114.42 % change on previous year | -273.4% |
| 1993 | 40.26 % change on previous year | -64.8% |
| 1994 | -6.64 % change on previous year | -116.5% |
| 1995 | -1.05 % change on previous year | -84.2% |
| 1996 | 10.31 % change on previous year | -1080.7% |
| 1997 | -3.98 % change on previous year | -138.6% |
| 1998 | -26.14 % change on previous year | +556.9% |
| 1999 | 19.29 % change on previous year | -173.8% |
| 2000 | 47.44 % change on previous year | +146.0% |
| 2001 | -14.17 % change on previous year | -129.9% |
| 2002 | -13.52 % change on previous year | -4.6% |
| 2003 | 6.58 % change on previous year | -148.6% |
| 2004 | 15.37 % change on previous year | +133.8% |
| 2005 | 15.48 % change on previous year | +0.7% |
| 2006 | -4.35 % change on previous year | -128.1% |
| 2007 | -5.81 % change on previous year | +33.5% |
| 2008 | 9.61 % change on previous year | -265.4% |
| 2009 | -25.94 % change on previous year | -370.0% |
| 2010 | 23.33 % change on previous year | -189.9% |
| 2011 | 20.98 % change on previous year | -10.1% |
| 2012 | -1.57 % change on previous year | -107.5% |
| 2013 | -3.1 % change on previous year | +98.0% |
| 2014 | -4.21 % change on previous year | +35.8% |
| 2015 | -30.86 % change on previous year | +633.3% |
| 2016 | -13.26 % change on previous year | -57.0% |
| 2017 | 13.58 % change on previous year | -202.3% |
| 2018 | 22.84 % change on previous year | +68.2% |
| 2019 | -11.77 % change on previous year | -151.5% |
| 2020 | -26.49 % change on previous year | +125.1% |
Kuwait compared with similar countries
- Kuwait's -26.49 % change on previous year is below the median for high income countries, which is 45.5 % change on previous year. (65 countries reporting)
- Kuwait's -26.49 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 48.95 % change on previous year. (22 countries reporting)
Biggest year-on-year movements
Years where Natural resource rents, annual growth rate in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | -3147.4% | 1.02 % change on previous year | -30.96 % change on previous year |
| 1996 | +1080.7% | -1.05 % change on previous year | 10.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.24 % change on previous year | -11.81 % change on previous year | 46.66 % change on previous year | 8 |
| 1980s | -4.61 % change on previous year | -30.96 % change on previous year | 31.12 % change on previous year | 9 |
| 1990s | 9.51 % change on previous year | -66 % change on previous year | 114.42 % change on previous year | 10 |
| 2000s | 3.07 % change on previous year | -25.94 % change on previous year | 47.44 % change on previous year | 10 |
| 2010s | 1.59 % change on previous year | -30.86 % change on previous year | 23.33 % change on previous year | 10 |
| 2020s | -26.49 % change on previous year | -26.49 % change on previous year | -26.49 % change on previous year | 1 |
Countries ranked near Kuwait
- 173 Saint Vincent and the Grenadines -24.63 % change on previous year compare
- 174 Singapore -25.23 % change on previous year compare
- 175 Maldives -26.32 % change on previous year compare
- 177 Dominica -28.56 % change on previous year compare
- 178 Luxembourg -28.7 % change on previous year compare
- 179 El Salvador -29.96 % change on previous year 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 natural resource rents, annual growth rate in Kuwait?
- Natural resource rents, annual growth rate in Kuwait was -26.49 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest natural resource rents, annual growth rate recorded in Kuwait?
- The highest recorded value was 114.42 % change on previous year in 1992.
- What is the lowest natural resource rents, annual growth rate recorded in Kuwait?
- The lowest recorded value was -66 % change on previous year in 1991.
- How does Kuwait rank for natural resource rents, annual growth rate?
- Kuwait ranks 176th out of 190 countries with data for 2020.
- Is natural resource rents, annual growth rate rising or falling in Kuwait?
- Over the last ten years it is down 213.6%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Natural resource rents, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Natural resource rents Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Natural resource rents. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.