Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Kuwait GDP Data: Value, Growth Rate, Per Capita and Structure

Kuwait GDP Indicators

Indicator Data Period
GDP Value 185 USD Billion 2022
GDP Annual Growth Rate 8.7 % 4Q/22
GDP Growth Rate 4.7 % 4Q/20
GDP per capita 26788 USD 2022
GDP Constant Prices 9011 KWD Million | 29.463 B USD 4Q/20
GDP per capita PPP 49169 USD 2022


Latest data on GDP Value (USD Billion)

GDP Value
                     Kuwait - Historical Data (USD Billion)

What is Kuwait GDP Value?

  • The volume of Gross Domestic Product in Kuwait increased to 185 USD Billion in 2022. The maximum volume was 174 USD Billion and minimum was 1.83 USD Billion.
  • Data published Yearly by World Bank.

Historical Data (USD Billion) by years

Data
Period
Date
185 2022 30.06.2023
106 2020 06.07.2022
136 2019 06.03.2020
142 2018 04.07.2019
120.13 2017 05.07.2018
114.04 2015 21.06.2018


Historical Chart by prime ministers (USD Billion)

GDP Value in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - 114.0400 114.0400 114.0400 114.0400 0.00%


Latest data on GDP Annual Growth Rate (%)

GDP Annual Growth Rate
                     Kuwait - Historical Data (%)

What is annual GDP growth rate in Kuwait?

  • GDP Annual Growth Rate in Kuwait increased by 8.7 % in the forth quarter of 2022. The maximum growth was 33.99 % and minimum was -20.62 %
  • Data published Quarterly by Central Statistical Bureau.

Historical Data (%) by years

Data
Period
Date
8.7 4Q/22 14.07.2023
1.3 4Q/21 19.09.2022
-11.2 4Q/20 28.06.2021
-8 1Q/20 19.12.2020
-1.1 4Q/19 19.05.2020
0.4 3Q/19 04.02.2020
0.4 2Q/19 05.11.2019
2.6 1Q/19 29.10.2019


Historical Chart by YoY prime ministers (%)

GDP Annual Growth Rate in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - -2.5000 -2.5000 -2.5000 -2.5000 0.00%


Latest data on GDP Growth Rate (%)

GDP Growth Rate
                     Kuwait - Historical Data (%)

What is Kuwait GDP Growth Rate 2024?

  • GDP Growth Rate in Kuwait increased by 4.7 % in the forth quarter of 2020 over the previous quarter. The maximum growth rate was 13.5 % and minimum was -12.6 %.
  • Data published Quarterly by Central Statistical Bureau.

Historical Data (%) by years

Data
Period
Date
4.7 4Q/20 28.06.2021
-2.5 1Q/20 29.12.2020
2.6 4Q/19 19.05.2020
-0.7 3Q/19 04.02.2020
-1.3 2Q/19 05.11.2019
-1.9 1Q/19 29.10.2019
3.7 4Q/18 04.07.2019


Historical Chart by QoQ prime ministers (%)

GDP Growth Rate in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita (USD)

GDP per capita
                     Kuwait - Historical Data (USD)

What is Kuwait GDP per capita?

  • GDP per capita in Kuwait increased to 26788 USD in 2022. The maximum level was 49578 USD and minimum was 32702 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
26788 2022 30.06.2023
23926 2020 06.07.2022
27156 2019 07.07.2020
33538 2018 04.07.2019
33545.602 2017 09.07.2018
35490.301 2015 21.06.2018


Historical Chart by prime ministers (USD)

GDP per capita in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Jaber Al-Mubarak 30.11.2011 - 35490.3000 35490.3000 35490.3000 35490.3000 0.00%


Latest data on GDP Constant Prices (KWD Million)

GDP Constant Prices
                     Kuwait - Historical Data (KWD Million)

What is Kuwait GDP in Constant Prices?

  • Real GDP (Constant Prices) in Kuwait increased to 9011 KWD Million (29.463 B USD) in the forth quarter of 2020. The maximum value was 19956 KWD Million and minimum was 572 KWD Million.
  • Data published Quarterly by Central Statistical Bureau.

Historical Data (KWD Million) by years

Data
Period
Date
9011 4Q/20 28.06.2021
8622 3Q/20 13.04.2021
9746 1Q/20 26.01.2021
9998 4Q/19 19.05.2020
9773 3Q/19 04.02.2020
9716 2Q/19 05.11.2019
10048 1Q/19 29.10.2019
10270 4Q/18 04.07.2019


Historical Chart by prime ministers (KWD Million)

GDP Constant Prices in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on GDP per capita PPP (USD)

GDP per capita PPP
                     Kuwait - Historical Data (USD)

What is Kuwait GDP per capita by purchasing power parity?

  • GDP per capita PPP (purchasing power parity) in Kuwait increased to 49169 USD in 2022. The maximum level was 75581 USD and minimum was 49854 USD.
  • Data published Yearly by World Bank.

Historical Data (USD) by years

Data
Period
Date
49169 2022 30.06.2023
43923 2020 06.07.2022
49854 2019 07.07.2020
65515 2018 29.10.2019
65530 2017 04.07.2019


Historical Chart by prime ministers (USD)

GDP per capita PPP in Kuwait by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other gdp indicators in Kuwait

Index Updated Actual Previous

GDP Value in other countries

Country Updated Actual Previous
Bangladesh 2022 460 B USD 416
Jordan 2022 47.45 B USD 45.12
Kyrgyzstan 2022 10.93 B USD 8.74
Mongolia 2022 16.81 B USD 15.29
Nepal 2022 40.83 B USD 36.92
Palestine 2022 19.11 B USD 18.11
Tajikistan 2022 10.49 B USD 8.94
Cambodia 2022 29.96 B USD 26.96
China 2022 17963 B USD 17820
Georgia 2022 24.61 B USD 18.63
India 2022 3385 B USD 3150
Israel 2022 522 B USD 489
Pakistan 2022 377 B USD 348
South Korea 2022 1665 B USD 1811
Taiwan 2021 775 B USD 669
Vietnam 2022 409 B USD 366
Maldives 2022 6.19 B USD 5.41
Armenia 2022 19.5 B USD 13.86
Hong Kong 2022 360 B USD 369
Indonesia 2022 1319 B USD 1187
Japan 2022 4231 B USD 5006
Kazakhstan 2022 221 B USD 197
Lebanon 2021 23.13 B USD 31.71
Macau 2022 21.98 B USD 30.12
Malaysia 2022 406 B USD 373
Philippines 2022 404 B USD 394
Qatar 2022 237 B USD 180
Singapore 2022 467 B USD 424
Sri Lanka 2022 74.4 B USD 88.5
Thailand 2022 495 B USD 506
Oman 2022 115 B USD 88.19
Iran 2022 389 B USD 359
Laos 2022 15.72 B USD 18.83
Azerbaijan 2022 78.72 B USD 54.83
Kuwait 2022 185 B USD 137
Saudi Arabia 2022 1108 B USD 869
Bahrain 2022 44.39 B USD 39.3
North Korea 2015 16.12 B USD 0
United Arab Emirates 2022 508 B USD 415
Yemen 2021 21.06 B USD 18.84
Turkmenistan 2020 45.61 B USD 44.22
Uzbekistan 2022 80.39 B USD 69.6
Iraq 2022 264 B USD 208
Syria 2012 73.67 B USD 59.15
Afghanistan 2021 14.58 B USD 20.14
Bhutan 2021 2.54 B USD 2.33
Brunei 2022 16.68 B USD 14.01
Mauritius 2022 12.9 B USD 11.48