GDP in Kuwait
Kuwait: GDP was 121.45 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
121.45 billion constant 2015 US$
Change on year
up 2.7%
World rank
60th
of 212 countries
All-time high
121.99 billion constant 2015 US$
in 2022
All-time low
20.02 billion constant 2015 US$
in 1991
Years of data
56
1970–2025
GDP in Kuwait, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Kuwait is 121.45 billion constant 2015 US$, measured in 2025.
That represents a change of up 2.7% on the previous year and up 6.0% over ten years.
Over the whole period, gdp in Kuwait peaked at 121.99 billion constant 2015 US$ in 2022 and was at its lowest, 20.02 billion constant 2015 US$, in 1991.
Kuwait ranks 60th of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
GDP in Kuwait, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 55.50 billion constant 2015 US$ | — |
| 1971 | 59.41 billion constant 2015 US$ | +7.0% |
| 1972 | 61.73 billion constant 2015 US$ | +3.9% |
| 1973 | 57.67 billion constant 2015 US$ | -6.6% |
| 1974 | 50.18 billion constant 2015 US$ | -13.0% |
| 1975 | 44.02 billion constant 2015 US$ | -12.3% |
| 1976 | 46.93 billion constant 2015 US$ | +6.6% |
| 1977 | 45.12 billion constant 2015 US$ | -3.8% |
| 1978 | 48.44 billion constant 2015 US$ | +7.4% |
| 1979 | 55.17 billion constant 2015 US$ | +13.9% |
| 1980 | 44.46 billion constant 2015 US$ | -19.4% |
| 1981 | 36.05 billion constant 2015 US$ | -18.9% |
| 1982 | 31.81 billion constant 2015 US$ | -11.7% |
| 1983 | 34.34 billion constant 2015 US$ | +7.9% |
| 1984 | 36.14 billion constant 2015 US$ | +5.2% |
| 1985 | 34.60 billion constant 2015 US$ | -4.3% |
| 1986 | 37.56 billion constant 2015 US$ | +8.6% |
| 1987 | 40.62 billion constant 2015 US$ | +8.1% |
| 1988 | 36.54 billion constant 2015 US$ | -10.1% |
| 1989 | 46.00 billion constant 2015 US$ | +25.9% |
| 1990 | 33.93 billion constant 2015 US$ | -26.2% |
| 1991 | 20.02 billion constant 2015 US$ | -41.0% |
| 1992 | 36.60 billion constant 2015 US$ | +82.8% |
| 1993 | 49.03 billion constant 2015 US$ | +34.0% |
| 1994 | 53.17 billion constant 2015 US$ | +8.4% |
| 1995 | 55.75 billion constant 2015 US$ | +4.9% |
| 1996 | 56.09 billion constant 2015 US$ | +0.6% |
| 1997 | 57.48 billion constant 2015 US$ | +2.5% |
| 1998 | 59.58 billion constant 2015 US$ | +3.7% |
| 1999 | 58.52 billion constant 2015 US$ | -1.8% |
| 2000 | 61.26 billion constant 2015 US$ | +4.7% |
| 2001 | 61.40 billion constant 2015 US$ | +0.2% |
| 2002 | 63.25 billion constant 2015 US$ | +3.0% |
| 2003 | 74.20 billion constant 2015 US$ | +17.3% |
| 2004 | 81.80 billion constant 2015 US$ | +10.2% |
| 2005 | 90.48 billion constant 2015 US$ | +10.6% |
| 2006 | 97.28 billion constant 2015 US$ | +7.5% |
| 2007 | 103.11 billion constant 2015 US$ | +6.0% |
| 2008 | 105.67 billion constant 2015 US$ | +2.5% |
| 2009 | 98.19 billion constant 2015 US$ | -7.1% |
| 2010 | 95.86 billion constant 2015 US$ | -2.4% |
| 2011 | 105.09 billion constant 2015 US$ | +9.6% |
| 2012 | 112.06 billion constant 2015 US$ | +6.6% |
| 2013 | 113.34 billion constant 2015 US$ | +1.1% |
| 2014 | 113.91 billion constant 2015 US$ | +0.5% |
| 2015 | 114.59 billion constant 2015 US$ | +0.6% |
| 2016 | 117.94 billion constant 2015 US$ | +2.9% |
| 2017 | 112.38 billion constant 2015 US$ | -4.7% |
| 2018 | 115.46 billion constant 2015 US$ | +2.7% |
| 2019 | 118.08 billion constant 2015 US$ | +2.3% |
| 2020 | 112.39 billion constant 2015 US$ | -4.8% |
| 2021 | 114.27 billion constant 2015 US$ | +1.7% |
| 2022 | 121.99 billion constant 2015 US$ | +6.8% |
| 2023 | 119.99 billion constant 2015 US$ | -1.6% |
| 2024 | 118.22 billion constant 2015 US$ | -1.5% |
| 2025 | 121.45 billion constant 2015 US$ | +2.7% |
Kuwait compared with similar countries
- Kuwait's 121.45 billion constant 2015 US$ is above the median for high income countries, which is 76.03 billion constant 2015 US$, 1.6× the median. (80 countries reporting)
- Kuwait's 121.45 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 93.82 billion constant 2015 US$, 1.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +82.8% | 20.02 billion constant 2015 US$ | 36.60 billion constant 2015 US$ |
| 1991 | -41.0% | 33.93 billion constant 2015 US$ | 20.02 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.42 billion constant 2015 US$ | 44.02 billion constant 2015 US$ | 61.73 billion constant 2015 US$ | 10 |
| 1980s | 37.81 billion constant 2015 US$ | 31.81 billion constant 2015 US$ | 46.00 billion constant 2015 US$ | 10 |
| 1990s | 48.02 billion constant 2015 US$ | 20.02 billion constant 2015 US$ | 59.58 billion constant 2015 US$ | 10 |
| 2000s | 83.66 billion constant 2015 US$ | 61.26 billion constant 2015 US$ | 105.67 billion constant 2015 US$ | 10 |
| 2010s | 111.87 billion constant 2015 US$ | 95.86 billion constant 2015 US$ | 118.08 billion constant 2015 US$ | 10 |
| 2020s | 118.05 billion constant 2015 US$ | 112.39 billion constant 2015 US$ | 121.99 billion constant 2015 US$ | 6 |
Countries ranked near Kuwait
- 57 Hungary 158.99 billion constant 2015 US$ compare
- 58 Morocco 142.22 billion constant 2015 US$ compare
- 59 Ethiopia 128.07 billion constant 2015 US$ compare
- 61 Ecuador 112.75 billion constant 2015 US$ compare
- 62 Kenya 109.76 billion constant 2015 US$ compare
- 63 Angola 109.35 billion constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gdp in Kuwait?
- Gdp in Kuwait was 121.45 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Kuwait?
- The highest recorded value was 121.99 billion constant 2015 US$ in 2022.
- What is the lowest gdp recorded in Kuwait?
- The lowest recorded value was 20.02 billion constant 2015 US$ in 1991.
- How does Kuwait rank for gdp?
- Kuwait ranks 60th out of 212 countries with data for 2025.
- Is gdp rising or falling in Kuwait?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.