Gross domestic product (GDP) (National statistical) in Kuwait
Kuwait: Gross domestic product (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 209 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
Gross domestic product (GDP) in Kuwait, 1970–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Kuwait is 121.45 billion constant 2015 US$, 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, gross domestic product (gdp) in Kuwait peaked at 121.99 billion constant 2015 US$ in 2022 and was at its lowest, 20.02 billion constant 2015 US$, in 1991.
Kuwait ranks 60th of 209 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross domestic product (GDP) in Kuwait, year by year
| Year | constant 2015 US$ | 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$, 1.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +82.8% | 20.02 billion constant 2015 US$ | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Kuwait?
- Gross domestic product (gdp) in Kuwait was 121.45 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Kuwait?
- The highest recorded value was 121.99 billion constant 2015 US$ in 2022.
- What is the lowest gross domestic product (gdp) recorded in Kuwait?
- The lowest recorded value was 20.02 billion constant 2015 US$ in 1991.
- How does Kuwait rank for gross domestic product (gdp)?
- Kuwait ranks 60th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor 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 — 56 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 by inflation but _does not_ account for differences in living costs between countries.