Gross domestic product (GDP) in Kuwait
Kuwait: Gross domestic product (GDP) was 218.96 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Kuwait, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Kuwait is 218.96 billion international-$ in 2011 prices, measured in 2022.
That represents a change of up 8.2% on the previous year and up 2.1% over ten years.
Over the whole period, gross domestic product (gdp) in Kuwait peaked at 225.83 billion international-$ in 2011 prices in 2016 and was at its lowest, 5.97 billion international-$ in 2011 prices, in 1991.
That places Kuwait 63rd out of 165 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 9.35 billion international-$ in 2011 prices | 6.66 billion international-$ in 2011 prices | 12.35 billion international-$ in 2011 prices | 10 |
| 1960s | 17.94 billion international-$ in 2011 prices | 13.42 billion international-$ in 2011 prices | 23.07 billion international-$ in 2011 prices | 10 |
| 1970s | 34.59 billion international-$ in 2011 prices | 29.15 billion international-$ in 2011 prices | 40.65 billion international-$ in 2011 prices | 10 |
| 1980s | 24.01 billion international-$ in 2011 prices | 20.73 billion international-$ in 2011 prices | 28.98 billion international-$ in 2011 prices | 10 |
| 1990s | 39.53 billion international-$ in 2011 prices | 5.97 billion international-$ in 2011 prices | 64.24 billion international-$ in 2011 prices | 10 |
| 2000s | 129.50 billion international-$ in 2011 prices | 71.05 billion international-$ in 2011 prices | 183.76 billion international-$ in 2011 prices | 10 |
| 2010s | 212.70 billion international-$ in 2011 prices | 176.04 billion international-$ in 2011 prices | 225.83 billion international-$ in 2011 prices | 10 |
| 2020s | 207.06 billion international-$ in 2011 prices | 199.80 billion international-$ in 2011 prices | 218.96 billion international-$ in 2011 prices | 3 |
Countries ranked near Kuwait
- 60 Greece 263.89 billion international-$ in 2011 prices compare
- 61 Sri Lanka 254.75 billion international-$ in 2011 prices compare
- 62 Finland 226.16 billion international-$ in 2011 prices compare
- 64 New Zealand 200.60 billion international-$ in 2011 prices compare
- 65 Tanzania 198.22 billion international-$ in 2011 prices compare
- 66 Dominican Republic 191.18 billion international-$ in 2011 prices compare
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Kuwait?
- Gross domestic product (gdp) in Kuwait was 218.96 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Kuwait?
- The highest recorded value was 225.83 billion international-$ in 2011 prices in 2016.
- What is the lowest gross domestic product (gdp) recorded in Kuwait?
- The lowest recorded value was 5.97 billion international-$ in 2011 prices in 1991.
- How does Kuwait rank for gross domestic product (gdp)?
- Kuwait ranks 63rd out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Kuwait?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.