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
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 217th of 228 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% |
Kuwait compared with similar countries
- Kuwait's -4.5% is below the median for high income countries, which is 1.4%. (74 countries reporting)
- Kuwait's -4.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.4%. (21 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2013 | -3900.0% | 0.1% | -3.8% |
| 2003 | +3525.0% | 0.4% | 14.5% |
| 2008 | -3000.0% | -0.1% | -3.1% |
| 2020 | -1400.0% | 0.3% | -3.9% |
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
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
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 217th out of 228 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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