GNI (constant LCU) in Kuwait
Kuwait: GNI (constant LCU) was 43.60 billion constant LCU in 2024. ▬ Flat
GNI in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Kuwait recorded 43.60 billion constant LCU for gni in 2024.
Compared with earlier readings it is down 4.1% on the previous year and down 3.1% over ten years.
Over the whole period, gni in Kuwait peaked at 49.20 billion constant LCU in 2022 and was at its lowest, 31.28 billion constant LCU, in 2020.
Kuwait ranks 135th of 170 countries on this measure, in the bottom quarter.
GNI (constant LCU) in Kuwait, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 35.50 billion constant LCU | — |
| 2011 | 43.51 billion constant LCU | +22.6% |
| 2012 | 49.05 billion constant LCU | +12.7% |
| 2013 | 48.16 billion constant LCU | -1.8% |
| 2014 | 44.99 billion constant LCU | -6.6% |
| 2015 | 33.16 billion constant LCU | -26.3% |
| 2016 | 31.34 billion constant LCU | -5.5% |
| 2017 | 35.11 billion constant LCU | +12.0% |
| 2018 | 39.03 billion constant LCU | +11.2% |
| 2019 | 39.88 billion constant LCU | +2.2% |
| 2020 | 31.28 billion constant LCU | -21.5% |
| 2021 | 40.76 billion constant LCU | +30.3% |
| 2022 | 49.20 billion constant LCU | +20.7% |
| 2023 | 45.48 billion constant LCU | -7.6% |
| 2024 | 43.60 billion constant LCU | -4.1% |
Kuwait compared with similar countries
- Kuwait's 43.60 billion constant LCU is below the median for high income countries, which is 532.70 billion constant LCU, 8% of the median. (60 countries reporting)
- Kuwait's 43.60 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.06 trillion constant LCU, 4% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 39.97 billion constant LCU | 31.34 billion constant LCU | 49.05 billion constant LCU | 10 |
| 2020s | 42.06 billion constant LCU | 31.28 billion constant LCU | 49.20 billion constant LCU | 5 |
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 gni in Kuwait?
- Gni in Kuwait was 43.60 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni recorded in Kuwait?
- The highest recorded value was 49.20 billion constant LCU in 2022.
- What is the lowest gni recorded in Kuwait?
- The lowest recorded value was 31.28 billion constant LCU in 2020.
- How does Kuwait rank for gni?
- Kuwait ranks 135th out of 170 countries with data for 2024.
- Is gni rising or falling in Kuwait?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is flat.
- 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.