Kuwait vs Venezuela (Bolivarian Republic of): Gross Domestic Product — Value US$, 2015 prices, annual growth rate

Kuwait
-2.56 % change on previous year
in 2024
Venezuela (Bolivarian Republic of)
-4.86 % change on previous year
in 2024
Kuwait rank
228th
Venezuela (Bolivarian Republic of) rank
231st

Gross Domestic Product — Value US$, 2015 prices, annual growth rate over time

  • Kuwait
  • Venezuela (Bolivarian Republic of)
-50-250255075197119972024

How they compare

Kuwait currently reports -2.56 % change on previous year against -4.86 % change on previous year in Venezuela (Bolivarian Republic of), a difference of 2.3 % change on previous year.

The two have swapped places 24 times across 54 shared years of data; in 1971 it was Kuwait ahead.

Kuwait ranks 228th and Venezuela (Bolivarian Republic of) ranks 231st of 236 countries.

Across the 6 decades both report, Kuwait averaged higher in 4 and Venezuela (Bolivarian Republic of) in 2.

Head to head by decade

Decade Kuwait Venezuela (Bolivarian Republic of) Difference Ahead
1970s 0.3468 % change on previous year 4.85 % change on previous year 4.51 % change on previous year Venezuela (Bolivarian Republic of)
1980s -0.8615 % change on previous year -0.1042 % change on previous year 0.7573 % change on previous year Venezuela (Bolivarian Republic of)
1990s 6.67 % change on previous year 2.46 % change on previous year 4.21 % change on previous year Kuwait
2000s 5.5 % change on previous year 3.98 % change on previous year 1.52 % change on previous year Kuwait
2010s 1.93 % change on previous year -8.05 % change on previous year 9.99 % change on previous year Kuwait
2020s -0.5796 % change on previous year -4.37 % change on previous year 3.79 % change on previous year Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross domestic product — value us$, 2015 prices, annual growth rate, Kuwait or Venezuela (Bolivarian Republic of)?
Kuwait, at -2.56 % change on previous year against -4.86 % change on previous year in Venezuela (Bolivarian Republic of) as of 2024.
What is the difference in gross domestic product — value us$, 2015 prices, annual growth rate between Kuwait and Venezuela (Bolivarian Republic of)?
2.3 % change on previous year, with Kuwait ahead.
How many years of comparable data are there for Kuwait and Venezuela (Bolivarian Republic of)?
54 years are reported by both, from 1971 to 2024.
How do Kuwait and Venezuela (Bolivarian Republic of) rank globally for gross domestic product — value us$, 2015 prices, annual growth rate?
Kuwait ranks 228th and Venezuela (Bolivarian Republic of) ranks 231st of 236 countries.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Kuwait vs Venezuela (Bolivarian Republic of): Gross Domestic Product — Value US$, 2015 prices, annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-us-2015-prices-annual-growth-rate/kuwait/venezuela-bolivarian-republic-of/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,306 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.