Annual growth rate of real GDP per capita in Kuwait
Kuwait: Annual growth rate of real GDP per capita was -4.5% in 2024. ◆ Volatile
Latest (2024)
-4.5%
Change on year
up 32.8%
World rank
215th
of 226 countries
All-time high
14.5%
in 2003
All-time low
-11.9%
in 2009
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Kuwait, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Kuwait recorded -4.5% for annual growth rate of real gdp per capita in 2024.
That represents a change of up 32.8% on the previous year and down 18.4% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Kuwait peaked at 14.5% in 2003 and was at its lowest, -11.9%, in 2009.
Kuwait ranks 215th of 226 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.8% | — |
| 2001 | -2.4% | -233.3% |
| 2002 | 0.4% | -116.7% |
| 2003 | 14.5% | +3525.0% |
| 2004 | 7.8% | -46.2% |
| 2005 | 6.7% | -14.1% |
| 2006 | 1.7% | -74.6% |
| 2007 | -0.1% | -105.9% |
| 2008 | -3.1% | +3000.0% |
| 2009 | -11.9% | +283.9% |
| 2010 | -7.3% | -38.7% |
| 2011 | 3.0% | -141.1% |
| 2012 | 0.1% | -96.7% |
| 2013 | -3.8% | -3900.0% |
| 2014 | -3.8% | -0.0% |
| 2015 | -3.8% | -0.0% |
| 2016 | -1.4% | -63.2% |
| 2017 | -8.2% | +485.7% |
| 2018 | -2.1% | -74.4% |
| 2019 | 0.3% | -114.3% |
| 2020 | -3.9% | -1400.0% |
| 2021 | 2.6% | -166.7% |
| 2022 | 1.4% | -46.2% |
| 2023 | -6.7% | -578.6% |
| 2024 | -4.5% | -32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | -11.9% | 14.5% | 10 |
| 2010s | -2.7% | -8.2% | 3.0% | 10 |
| 2020s | -2.2% | -6.7% | 2.6% | 5 |
Countries ranked near Kuwait
- 212 Iraq -3.6% compare
- 213 Equatorial Guinea -4.2% compare
- 214 Yemen -4.4% compare
- 216 Botswana -4.6% compare
- 217 Haiti -5.3% compare
- 218 Syrian Arab Republic -6.9% compare
- 218 Syrian Arab Republic -6.9% compare
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 18,724 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate -0.5262 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.8248 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 27,099 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate -0.6859 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.253 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 8,311 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -2.57 % change on previous year (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Kuwait?
- Annual growth rate of real gdp per capita in Kuwait was -4.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Kuwait?
- The highest recorded value was 14.5% in 2003.
- What is the lowest annual growth rate of real gdp per capita recorded in Kuwait?
- The lowest recorded value was -11.9% in 2009.
- How does Kuwait rank for annual growth rate of real gdp per capita?
- Kuwait ranks 215th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Kuwait?
- Over the last ten years it is down 18.4%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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