GNI (constant 2015 US$), annual growth rate in Kuwait
Kuwait: GNI (constant 2015 US$), annual growth rate was -4.12 % change on previous year in 2024. ◆ Volatile
GNI (constant 2015 US$), annual growth rate in Kuwait, 2011–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gni (constant 2015 us$), annual growth rate in Kuwait is -4.12 % change on previous year, measured in 2024.
Compared with earlier readings it is up 45.6% on the previous year and up 37.4% over ten years.
Over the whole period, gni (constant 2015 us$), annual growth rate in Kuwait peaked at 30.27 % change on previous year in 2021 and was at its lowest, -26.29 % change on previous year, in 2015.
That places Kuwait 152nd out of 160 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (constant 2015 US$), annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 22.55 % change on previous year | — |
| 2012 | 12.72 % change on previous year | -43.6% |
| 2013 | -1.81 % change on previous year | -114.3% |
| 2014 | -6.58 % change on previous year | +262.4% |
| 2015 | -26.29 % change on previous year | +299.8% |
| 2016 | -5.49 % change on previous year | -79.1% |
| 2017 | 12.04 % change on previous year | -319.3% |
| 2018 | 11.16 % change on previous year | -7.3% |
| 2019 | 2.17 % change on previous year | -80.6% |
| 2020 | -21.55 % change on previous year | -1093.9% |
| 2021 | 30.27 % change on previous year | -240.5% |
| 2022 | 20.71 % change on previous year | -31.6% |
| 2023 | -7.57 % change on previous year | -136.5% |
| 2024 | -4.12 % change on previous year | -45.6% |
Kuwait compared with similar countries
- Kuwait's -4.12 % change on previous year is below the median for high income countries, which is 2.46 % change on previous year. (58 countries reporting)
- Kuwait's -4.12 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.09 % change on previous year. (20 countries reporting)
Biggest year-on-year movements
Years where GNI (constant 2015 US$), annual growth rate in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1093.9% | 2.17 % change on previous year | -21.55 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.27 % change on previous year | -26.29 % change on previous year | 22.55 % change on previous year | 9 |
| 2020s | 3.55 % change on previous year | -21.55 % change on previous year | 30.27 % change on previous year | 5 |
Countries ranked near Kuwait
- 149 Namibia -1.88 % change on previous year compare
- 150 Botswana -2.6 % change on previous year compare
- 151 Iraq -3.87 % change on previous year compare
- 153 Eswatini -4.2 % change on previous year compare
- 154 Yemen -5.76 % change on previous year compare
- 155 Congo -5.96 % change on previous year compare
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gni (constant 2015 us$), annual growth rate in Kuwait?
- Gni (constant 2015 us$), annual growth rate in Kuwait was -4.12 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (constant 2015 us$), annual growth rate recorded in Kuwait?
- The highest recorded value was 30.27 % change on previous year in 2021.
- What is the lowest gni (constant 2015 us$), annual growth rate recorded in Kuwait?
- The lowest recorded value was -26.29 % change on previous year in 2015.
- How does Kuwait rank for gni (constant 2015 us$), annual growth rate?
- Kuwait ranks 152nd out of 160 countries with data for 2024.
- Is gni (constant 2015 us$), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is up 37.4%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of GNI (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.