GNI, Atlas method in Kuwait
Kuwait: GNI, Atlas method was 201.33 billion current US$ in 2024. ◆ Volatile
GNI, Atlas method in Kuwait, 1972–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Kuwait recorded 201.33 billion current US$ for gni, atlas method in 2024.
That represents a change of down 1.3% on the previous year and up 6.9% over ten years.
Over the whole period, gni, atlas method in Kuwait peaked at 204.04 billion current US$ in 2023 and was at its lowest, 3.11 billion current US$, in 1972.
Kuwait ranks 58th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI, Atlas method in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1972 | 3.11 billion current US$ | — |
| 1973 | 3.92 billion current US$ | +25.8% |
| 1974 | 6.16 billion current US$ | +57.1% |
| 1975 | 10.08 billion current US$ | +63.8% |
| 1976 | 15.77 billion current US$ | +56.4% |
| 1977 | 15.73 billion current US$ | -0.3% |
| 1978 | 18.71 billion current US$ | +19.0% |
| 1979 | 25.00 billion current US$ | +33.7% |
| 1980 | 27.00 billion current US$ | +8.0% |
| 1981 | 30.83 billion current US$ | +14.2% |
| 1982 | 28.66 billion current US$ | -7.1% |
| 1983 | 27.70 billion current US$ | -3.3% |
| 1984 | 27.47 billion current US$ | -0.8% |
| 1985 | 25.57 billion current US$ | -6.9% |
| 1986 | 31.11 billion current US$ | +21.7% |
| 1987 | 30.17 billion current US$ | -3.0% |
| 1988 | 29.53 billion current US$ | -2.1% |
| 1989 | 36.80 billion current US$ | +24.6% |
| 1990 | 27.73 billion current US$ | -24.7% |
| 1991 | 16.82 billion current US$ | -39.3% |
| 1992 | 26.48 billion current US$ | +57.4% |
| 1993 | 31.08 billion current US$ | +17.4% |
| 1994 | 30.87 billion current US$ | -0.7% |
| 1995 | 32.95 billion current US$ | +6.7% |
| 1996 | 33.95 billion current US$ | +3.0% |
| 1997 | 36.74 billion current US$ | +8.2% |
| 1998 | 36.03 billion current US$ | -1.9% |
| 1999 | 32.92 billion current US$ | -8.6% |
| 2000 | 36.77 billion current US$ | +11.7% |
| 2001 | 39.26 billion current US$ | +6.8% |
| 2002 | 40.46 billion current US$ | +3.1% |
| 2003 | 48.84 billion current US$ | +20.7% |
| 2004 | 62.74 billion current US$ | +28.4% |
| 2005 | 79.95 billion current US$ | +27.4% |
| 2006 | 100.40 billion current US$ | +25.6% |
| 2007 | 119.14 billion current US$ | +18.7% |
| 2008 | 137.35 billion current US$ | +15.3% |
| 2009 | 126.94 billion current US$ | -7.6% |
| 2010 | 126.14 billion current US$ | -0.6% |
| 2011 | 138.94 billion current US$ | +10.1% |
| 2012 | 169.62 billion current US$ | +22.1% |
| 2013 | 187.78 billion current US$ | +10.7% |
| 2014 | 188.26 billion current US$ | +0.3% |
| 2015 | 160.42 billion current US$ | -14.8% |
| 2016 | 139.81 billion current US$ | -12.8% |
| 2017 | 127.35 billion current US$ | -8.9% |
| 2018 | 139.82 billion current US$ | +9.8% |
| 2019 | 158.49 billion current US$ | +13.4% |
| 2020 | 145.89 billion current US$ | -8.0% |
| 2021 | 156.96 billion current US$ | +7.6% |
| 2022 | 179.55 billion current US$ | +14.4% |
| 2023 | 204.04 billion current US$ | +13.6% |
| 2024 | 201.33 billion current US$ | -1.3% |
Kuwait compared with similar countries
- Kuwait's 201.33 billion current US$ is above the median for high income countries, which is 98.29 billion current US$, 2.0× the median. (77 countries reporting)
- Kuwait's 201.33 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 103.12 billion current US$, 2.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.31 billion current US$ | 3.11 billion current US$ | 25.00 billion current US$ | 8 |
| 1980s | 29.48 billion current US$ | 25.57 billion current US$ | 36.80 billion current US$ | 10 |
| 1990s | 30.56 billion current US$ | 16.82 billion current US$ | 36.74 billion current US$ | 10 |
| 2000s | 79.18 billion current US$ | 36.77 billion current US$ | 137.35 billion current US$ | 10 |
| 2010s | 153.66 billion current US$ | 126.14 billion current US$ | 188.26 billion current US$ | 10 |
| 2020s | 177.55 billion current US$ | 145.89 billion current US$ | 204.04 billion current US$ | 5 |
Countries ranked near Kuwait
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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gni, atlas method in Kuwait?
- Gni, atlas method in Kuwait was 201.33 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni, atlas method recorded in Kuwait?
- The highest recorded value was 204.04 billion current US$ in 2023.
- What is the lowest gni, atlas method recorded in Kuwait?
- The lowest recorded value was 3.11 billion current US$ in 1972.
- How does Kuwait rank for gni, atlas method?
- Kuwait ranks 58th out of 208 countries with data for 2024.
- Is gni, atlas method rising or falling in Kuwait?
- Over the last ten years it is up 6.9%. 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 GNI, Atlas method (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.