Gross domestic product (GDP) in Kuwait
Kuwait: Gross domestic product (GDP) was 218.96 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
218.96 billion international-$ in 2011 prices
Change on year
up 8.2%
World rank
64th
of 166 countries
All-time high
225.83 billion international-$ in 2011 prices
in 2016
All-time low
5.97 billion international-$ in 2011 prices
in 1991
Years of data
73
1950–2022
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 64th out of 166 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.
Gross domestic product (GDP) in Kuwait, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 6.66 billion international-$ in 2011 prices | — |
| 1951 | 7.22 billion international-$ in 2011 prices | +8.4% |
| 1952 | 7.66 billion international-$ in 2011 prices | +6.0% |
| 1953 | 8.42 billion international-$ in 2011 prices | +9.9% |
| 1954 | 9.38 billion international-$ in 2011 prices | +11.4% |
| 1955 | 9.60 billion international-$ in 2011 prices | +2.3% |
| 1956 | 10.30 billion international-$ in 2011 prices | +7.4% |
| 1957 | 10.67 billion international-$ in 2011 prices | +3.6% |
| 1958 | 11.20 billion international-$ in 2011 prices | +4.9% |
| 1959 | 12.35 billion international-$ in 2011 prices | +10.3% |
| 1960 | 13.42 billion international-$ in 2011 prices | +8.7% |
| 1961 | 13.54 billion international-$ in 2011 prices | +0.9% |
| 1962 | 15.10 billion international-$ in 2011 prices | +11.5% |
| 1963 | 15.91 billion international-$ in 2011 prices | +5.4% |
| 1964 | 17.47 billion international-$ in 2011 prices | +9.8% |
| 1965 | 17.86 billion international-$ in 2011 prices | +2.2% |
| 1966 | 20.06 billion international-$ in 2011 prices | +12.3% |
| 1967 | 20.54 billion international-$ in 2011 prices | +2.4% |
| 1968 | 22.46 billion international-$ in 2011 prices | +9.3% |
| 1969 | 23.07 billion international-$ in 2011 prices | +2.7% |
| 1970 | 36.57 billion international-$ in 2011 prices | +58.5% |
| 1971 | 39.11 billion international-$ in 2011 prices | +6.9% |
| 1972 | 40.65 billion international-$ in 2011 prices | +3.9% |
| 1973 | 38.01 billion international-$ in 2011 prices | -6.5% |
| 1974 | 33.15 billion international-$ in 2011 prices | -12.8% |
| 1975 | 29.15 billion international-$ in 2011 prices | -12.1% |
| 1976 | 31.03 billion international-$ in 2011 prices | +6.4% |
| 1977 | 29.84 billion international-$ in 2011 prices | -3.8% |
| 1978 | 31.99 billion international-$ in 2011 prices | +7.2% |
| 1979 | 36.39 billion international-$ in 2011 prices | +13.7% |
| 1980 | 28.98 billion international-$ in 2011 prices | -20.4% |
| 1981 | 23.49 billion international-$ in 2011 prices | -18.9% |
| 1982 | 20.73 billion international-$ in 2011 prices | -11.7% |
| 1983 | 22.38 billion international-$ in 2011 prices | +7.9% |
| 1984 | 23.55 billion international-$ in 2011 prices | +5.2% |
| 1985 | 22.55 billion international-$ in 2011 prices | -4.2% |
| 1986 | 24.47 billion international-$ in 2011 prices | +8.5% |
| 1987 | 23.48 billion international-$ in 2011 prices | -4.0% |
| 1988 | 24.30 billion international-$ in 2011 prices | +3.5% |
| 1989 | 26.12 billion international-$ in 2011 prices | +7.5% |
| 1990 | 20.90 billion international-$ in 2011 prices | -20.0% |
| 1991 | 5.97 billion international-$ in 2011 prices | -71.4% |
| 1992 | 18.28 billion international-$ in 2011 prices | +206.3% |
| 1993 | 29.85 billion international-$ in 2011 prices | +63.3% |
| 1994 | 38.84 billion international-$ in 2011 prices | +30.1% |
| 1995 | 46.09 billion international-$ in 2011 prices | +18.7% |
| 1996 | 51.81 billion international-$ in 2011 prices | +12.4% |
| 1997 | 57.06 billion international-$ in 2011 prices | +10.1% |
| 1998 | 62.31 billion international-$ in 2011 prices | +9.2% |
| 1999 | 64.24 billion international-$ in 2011 prices | +3.1% |
| 2000 | 71.05 billion international-$ in 2011 prices | +10.6% |
| 2001 | 75.87 billion international-$ in 2011 prices | +6.8% |
| 2002 | 83.64 billion international-$ in 2011 prices | +10.2% |
| 2003 | 104.97 billion international-$ in 2011 prices | +25.5% |
| 2004 | 123.48 billion international-$ in 2011 prices | +17.6% |
| 2005 | 142.80 billion international-$ in 2011 prices | +15.6% |
| 2006 | 159.62 billion international-$ in 2011 prices | +11.8% |
| 2007 | 174.55 billion international-$ in 2011 prices | +9.4% |
| 2008 | 183.76 billion international-$ in 2011 prices | +5.3% |
| 2009 | 175.30 billion international-$ in 2011 prices | -4.6% |
| 2010 | 176.04 billion international-$ in 2011 prices | +0.4% |
| 2011 | 201.23 billion international-$ in 2011 prices | +14.3% |
| 2012 | 214.56 billion international-$ in 2011 prices | +6.6% |
| 2013 | 217.03 billion international-$ in 2011 prices | +1.2% |
| 2014 | 218.11 billion international-$ in 2011 prices | +0.5% |
| 2015 | 219.41 billion international-$ in 2011 prices | +0.6% |
| 2016 | 225.83 billion international-$ in 2011 prices | +2.9% |
| 2017 | 215.18 billion international-$ in 2011 prices | -4.7% |
| 2018 | 220.42 billion international-$ in 2011 prices | +2.4% |
| 2019 | 219.21 billion international-$ in 2011 prices | -0.6% |
| 2020 | 199.80 billion international-$ in 2011 prices | -8.9% |
| 2021 | 202.41 billion international-$ in 2011 prices | +1.3% |
| 2022 | 218.96 billion international-$ in 2011 prices | +8.2% |
Kuwait compared with similar countries
- Kuwait's 218.96 billion international-$ in 2011 prices is below the median for high income countries, which is 308.39 billion international-$ in 2011 prices, 71% of the median. (55 countries reporting)
- Kuwait's 218.96 billion international-$ in 2011 prices is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 177.35 billion international-$ in 2011 prices, 1.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (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 | +206.3% | 5.97 billion international-$ in 2011 prices | 18.28 billion international-$ in 2011 prices |
| 1991 | -71.4% | 20.90 billion international-$ in 2011 prices | 5.97 billion international-$ in 2011 prices |
| 1993 | +63.3% | 18.28 billion international-$ in 2011 prices | 29.85 billion international-$ in 2011 prices |
| 1970 | +58.5% | 23.07 billion international-$ in 2011 prices | 36.57 billion international-$ in 2011 prices |
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
- 61 Greece 263.89 billion international-$ in 2011 prices compare
- 62 Sri Lanka 254.75 billion international-$ in 2011 prices compare
- 63 Finland 226.16 billion international-$ in 2011 prices compare
- 65 New Zealand 200.60 billion international-$ in 2011 prices compare
- 66 Tanzania 198.22 billion international-$ in 2011 prices compare
- 67 Dominican Republic 191.18 billion international-$ in 2011 prices 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Kuwait?
- Gross domestic product (gdp) in Kuwait was 218.96 billion international-$ 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 64th out of 166 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.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.