Gdp penn world table in Kuwait
Kuwait: Gdp penn world table was 266.11 billion in 2023. ◆ Volatile
Latest (2023)
266.11 billion
Change on year
down 5.0%
World rank
65th
of 184 countries
All-time high
371.47 billion
in 2012
All-time low
31.63 billion
in 1991
Years of data
54
1970–2023
Gdp penn world table in Kuwait, 1970–2023
Source: Our World in Data.
Analysis
The most recent figure for gdp penn world table in Kuwait is 266.11 billion, measured in 2023.
That represents a change of down 5.0% on the previous year and down 26.6% over ten years.
Over the whole period, gdp penn world table in Kuwait peaked at 371.47 billion in 2012 and was at its lowest, 31.63 billion, in 1991.
That places Kuwait 65th out of 184 countries with data for 2023, 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 penn world table in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 117.28 billion | — |
| 1971 | 121.00 billion | +3.2% |
| 1972 | 126.05 billion | +4.2% |
| 1973 | 115.62 billion | -8.3% |
| 1974 | 105.19 billion | -9.0% |
| 1975 | 93.61 billion | -11.0% |
| 1976 | 103.22 billion | +10.3% |
| 1977 | 106.39 billion | +3.1% |
| 1978 | 107.03 billion | +0.6% |
| 1979 | 125.31 billion | +17.1% |
| 1980 | 98.40 billion | -21.5% |
| 1981 | 83.72 billion | -14.9% |
| 1982 | 76.66 billion | -8.4% |
| 1983 | 78.29 billion | +2.1% |
| 1984 | 80.31 billion | +2.6% |
| 1985 | 72.58 billion | -9.6% |
| 1986 | 60.12 billion | -17.2% |
| 1987 | 71.22 billion | +18.5% |
| 1988 | 62.93 billion | -11.6% |
| 1989 | 71.94 billion | +14.3% |
| 1990 | 53.30 billion | -25.9% |
| 1991 | 31.63 billion | -40.7% |
| 1992 | 62.99 billion | +99.1% |
| 1993 | 83.19 billion | +32.1% |
| 1994 | 87.81 billion | +5.6% |
| 1995 | 89.40 billion | +1.8% |
| 1996 | 96.12 billion | +7.5% |
| 1997 | 96.51 billion | +0.4% |
| 1998 | 99.63 billion | +3.2% |
| 1999 | 93.58 billion | -6.1% |
| 2000 | 104.16 billion | +11.3% |
| 2001 | 96.79 billion | -7.1% |
| 2002 | 100.59 billion | +3.9% |
| 2003 | 125.42 billion | +24.7% |
| 2004 | 153.64 billion | +22.5% |
| 2005 | 201.86 billion | +31.4% |
| 2006 | 247.52 billion | +22.6% |
| 2007 | 267.86 billion | +8.2% |
| 2008 | 324.95 billion | +21.3% |
| 2009 | 233.55 billion | -28.1% |
| 2010 | 263.36 billion | +12.8% |
| 2011 | 328.63 billion | +24.8% |
| 2012 | 371.47 billion | +13.0% |
| 2013 | 362.50 billion | -2.4% |
| 2014 | 333.47 billion | -8.0% |
| 2015 | 227.24 billion | -31.9% |
| 2016 | 226.53 billion | -0.3% |
| 2017 | 245.26 billion | +8.3% |
| 2018 | 273.03 billion | +11.3% |
| 2019 | 277.22 billion | +1.5% |
| 2020 | 260.25 billion | -6.1% |
| 2021 | 255.90 billion | -1.7% |
| 2022 | 280.05 billion | +9.4% |
| 2023 | 266.11 billion | -5.0% |
Kuwait compared with similar countries
- Kuwait's 266.11 billion is below the median for high income countries, which is 277.84 billion, 96% of the median. (66 countries reporting)
- Kuwait's 266.11 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 266.11 billion, 1.0× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gdp penn world table 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 | +99.1% | 31.63 billion | 62.99 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 112.07 billion | 93.61 billion | 126.05 billion | 10 |
| 1980s | 75.62 billion | 60.12 billion | 98.40 billion | 10 |
| 1990s | 79.42 billion | 31.63 billion | 99.63 billion | 10 |
| 2000s | 185.63 billion | 96.79 billion | 324.95 billion | 10 |
| 2010s | 290.87 billion | 226.53 billion | 371.47 billion | 10 |
| 2020s | 265.58 billion | 255.90 billion | 280.05 billion | 4 |
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 penn world table in Kuwait?
- Gdp penn world table in Kuwait was 266.11 billion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in Kuwait?
- The highest recorded value was 371.47 billion in 2012.
- What is the lowest gdp penn world table recorded in Kuwait?
- The lowest recorded value was 31.63 billion in 1991.
- How does Kuwait rank for gdp penn world table?
- Kuwait ranks 65th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in Kuwait?
- Over the last ten years it is down 26.6%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).