GDP (current LCU) (Country official) in Kuwait
Kuwait: GDP (current LCU) (Country official) was 48.18 billion current LCU in 2025. ◆ Volatile
GDP in Kuwait, 1962–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp in Kuwait is 48.18 billion current LCU, measured in 2025.
That represents a change of down 2.4% on the previous year and up 39.8% over ten years.
Over the whole period, gdp in Kuwait peaked at 56.20 billion current LCU in 2022 and was at its lowest, 653.00 million current LCU, in 1962.
That places Kuwait 157th out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (Country official) in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1962 | 653.00 million current LCU | — |
| 1963 | 679.00 million current LCU | +4.0% |
| 1964 | 740.00 million current LCU | +9.0% |
| 1965 | 749.00 million current LCU | +1.2% |
| 1966 | 854.00 million current LCU | +14.0% |
| 1967 | 872.00 million current LCU | +2.1% |
| 1968 | 951.00 million current LCU | +9.1% |
| 1969 | 989.00 million current LCU | +4.0% |
| 1970 | 1.03 billion current LCU | +3.8% |
| 1971 | 1.38 billion current LCU | +34.6% |
| 1972 | 1.46 billion current LCU | +5.9% |
| 1973 | 1.60 billion current LCU | +9.6% |
| 1974 | 3.81 billion current LCU | +137.7% |
| 1975 | 3.49 billion current LCU | -8.5% |
| 1976 | 3.84 billion current LCU | +10.1% |
| 1977 | 4.05 billion current LCU | +5.5% |
| 1978 | 4.26 billion current LCU | +5.3% |
| 1979 | 6.84 billion current LCU | +60.4% |
| 1980 | 7.74 billion current LCU | +13.2% |
| 1981 | 6.99 billion current LCU | -9.8% |
| 1982 | 6.21 billion current LCU | -11.1% |
| 1983 | 6.08 billion current LCU | -2.1% |
| 1984 | 6.42 billion current LCU | +5.6% |
| 1985 | 6.45 billion current LCU | +0.4% |
| 1986 | 5.20 billion current LCU | -19.3% |
| 1987 | 6.23 billion current LCU | +19.8% |
| 1988 | 5.77 billion current LCU | -7.4% |
| 1989 | 7.14 billion current LCU | +23.7% |
| 1990 | 5.31 billion current LCU | -25.7% |
| 1991 | 3.13 billion current LCU | -41.0% |
| 1992 | 5.83 billion current LCU | +86.2% |
| 1993 | 7.23 billion current LCU | +24.1% |
| 1994 | 7.38 billion current LCU | +2.1% |
| 1995 | 8.11 billion current LCU | +9.9% |
| 1996 | 9.43 billion current LCU | +16.2% |
| 1997 | 9.21 billion current LCU | -2.4% |
| 1998 | 7.91 billion current LCU | -14.1% |
| 1999 | 9.17 billion current LCU | +16.0% |
| 2000 | 11.57 billion current LCU | +26.2% |
| 2001 | 10.70 billion current LCU | -7.5% |
| 2002 | 11.59 billion current LCU | +8.3% |
| 2003 | 14.27 billion current LCU | +23.1% |
| 2004 | 17.52 billion current LCU | +22.8% |
| 2005 | 23.59 billion current LCU | +34.7% |
| 2006 | 29.47 billion current LCU | +24.9% |
| 2007 | 32.58 billion current LCU | +10.6% |
| 2008 | 39.62 billion current LCU | +21.6% |
| 2009 | 30.50 billion current LCU | -23.0% |
| 2010 | 33.08 billion current LCU | +8.5% |
| 2011 | 42.51 billion current LCU | +28.5% |
| 2012 | 48.72 billion current LCU | +14.6% |
| 2013 | 49.39 billion current LCU | +1.4% |
| 2014 | 46.28 billion current LCU | -6.3% |
| 2015 | 34.47 billion current LCU | -25.5% |
| 2016 | 33.06 billion current LCU | -4.1% |
| 2017 | 36.61 billion current LCU | +10.8% |
| 2018 | 41.87 billion current LCU | +14.4% |
| 2019 | 42.77 billion current LCU | +2.2% |
| 2020 | 34.01 billion current LCU | -20.5% |
| 2021 | 44.75 billion current LCU | +31.6% |
| 2022 | 56.20 billion current LCU | +25.6% |
| 2023 | 50.83 billion current LCU | -9.6% |
| 2024 | 49.35 billion current LCU | -2.9% |
| 2025 | 48.18 billion current LCU | -2.4% |
Kuwait compared with similar countries
- Kuwait's 48.18 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 23% of the median. (82 countries reporting)
- Kuwait's 48.18 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.71 trillion current LCU, 3% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (Country official) 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 |
|---|---|---|---|
| 1974 | +137.7% | 1.60 billion current LCU | 3.81 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 810.88 million current LCU | 653.00 million current LCU | 989.00 million current LCU | 8 |
| 1970s | 3.18 billion current LCU | 1.03 billion current LCU | 6.84 billion current LCU | 10 |
| 1980s | 6.42 billion current LCU | 5.20 billion current LCU | 7.74 billion current LCU | 10 |
| 1990s | 7.27 billion current LCU | 3.13 billion current LCU | 9.43 billion current LCU | 10 |
| 2000s | 22.14 billion current LCU | 10.70 billion current LCU | 39.62 billion current LCU | 10 |
| 2010s | 40.88 billion current LCU | 33.06 billion current LCU | 49.39 billion current LCU | 10 |
| 2020s | 47.22 billion current LCU | 34.01 billion current LCU | 56.20 billion current LCU | 6 |
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 gdp in Kuwait?
- Gdp in Kuwait was 48.18 billion current LCU 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 56.20 billion current LCU in 2022.
- What is the lowest gdp recorded in Kuwait?
- The lowest recorded value was 653.00 million current LCU in 1962.
- How does Kuwait rank for gdp?
- Kuwait ranks 157th out of 214 countries with data for 2025.
- Is gdp rising or falling in Kuwait?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.