GNI (current LCU), annual growth rate in Kuwait
Kuwait: GNI (current LCU), annual growth rate was -2.06 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-2.06 % change on previous year
Change on year
up 61.3%
World rank
201st
of 207 countries
All-time high
179.85 % change on previous year
in 1974
All-time low
-38.09 % change on previous year
in 1991
Years of data
62
1963–2024
GNI (current LCU), annual growth rate in Kuwait, 1963–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kuwait recorded -2.06 % change on previous year for gni (current lcu), annual growth rate in 2024.
The figure is up 61.3% on the previous year and up 58.0% over ten years.
Over the whole period, gni (current lcu), annual growth rate in Kuwait peaked at 179.85 % change on previous year in 1974 and was at its lowest, -38.09 % change on previous year, in 1991.
That places Kuwait 201st out of 207 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 (current LCU), annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1963 | 8.7 % change on previous year | — |
| 1964 | 8.4 % change on previous year | -3.4% |
| 1965 | 9.04 % change on previous year | +7.6% |
| 1966 | 15.4 % change on previous year | +70.3% |
| 1967 | 7.62 % change on previous year | -50.5% |
| 1968 | 8.04 % change on previous year | +5.4% |
| 1969 | 5.93 % change on previous year | -26.3% |
| 1970 | 1.35 % change on previous year | -77.3% |
| 1971 | 31.07 % change on previous year | +2209.6% |
| 1972 | -1.2 % change on previous year | -103.9% |
| 1973 | 14.49 % change on previous year | -1306.3% |
| 1974 | 179.85 % change on previous year | +1141.5% |
| 1975 | 8.18 % change on previous year | -95.5% |
| 1976 | 12.03 % change on previous year | +47.0% |
| 1977 | 6.46 % change on previous year | -46.3% |
| 1978 | 9.3 % change on previous year | +44.0% |
| 1979 | 54.84 % change on previous year | +489.4% |
| 1980 | 17.35 % change on previous year | -68.4% |
| 1981 | 0.5502 % change on previous year | -96.8% |
| 1982 | -12.67 % change on previous year | -2403.6% |
| 1983 | -5.01 % change on previous year | -60.5% |
| 1984 | 4.77 % change on previous year | -195.3% |
| 1985 | -0.716 % change on previous year | -115.0% |
| 1986 | -5.11 % change on previous year | +613.4% |
| 1987 | 4.53 % change on previous year | -188.7% |
| 1988 | 0.1139 % change on previous year | -97.5% |
| 1989 | 23.31 % change on previous year | +20369.3% |
| 1990 | -21.6 % change on previous year | -192.7% |
| 1991 | -38.09 % change on previous year | +76.4% |
| 1992 | 57.77 % change on previous year | -251.7% |
| 1993 | 13.86 % change on previous year | -76.0% |
| 1994 | -0.7668 % change on previous year | -105.5% |
| 1995 | 15.02 % change on previous year | -2058.2% |
| 1996 | 14.73 % change on previous year | -1.9% |
| 1997 | 1.19 % change on previous year | -91.9% |
| 1998 | -12.75 % change on previous year | -1171.6% |
| 1999 | 10.63 % change on previous year | -183.4% |
| 2000 | 27.05 % change on previous year | +154.5% |
| 2001 | -10.44 % change on previous year | -138.6% |
| 2002 | 3.3 % change on previous year | -131.6% |
| 2003 | 21.12 % change on previous year | +539.5% |
| 2004 | 26.56 % change on previous year | +25.7% |
| 2005 | 35.48 % change on previous year | +33.6% |
| 2006 | 27.16 % change on previous year | -23.4% |
| 2007 | 8.45 % change on previous year | -68.9% |
| 2008 | 17.74 % change on previous year | +109.9% |
| 2009 | -23.57 % change on previous year | -232.9% |
| 2010 | 9.28 % change on previous year | -139.4% |
| 2011 | 26.93 % change on previous year | +190.3% |
| 2012 | 16 % change on previous year | -40.6% |
| 2013 | 2.06 % change on previous year | -87.2% |
| 2014 | -4.9 % change on previous year | -338.4% |
| 2015 | -24.53 % change on previous year | +400.5% |
| 2016 | -3.59 % change on previous year | -85.4% |
| 2017 | 14.6 % change on previous year | -506.4% |
| 2018 | 12.04 % change on previous year | -17.5% |
| 2019 | 3.16 % change on previous year | -73.8% |
| 2020 | -20.21 % change on previous year | -739.6% |
| 2021 | 33.35 % change on previous year | -265.0% |
| 2022 | 23.31 % change on previous year | -30.1% |
| 2023 | -5.32 % change on previous year | -122.8% |
| 2024 | -2.06 % change on previous year | -61.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.02 % change on previous year | 5.93 % change on previous year | 15.4 % change on previous year | 7 |
| 1970s | 31.64 % change on previous year | -1.2 % change on previous year | 179.85 % change on previous year | 10 |
| 1980s | 2.71 % change on previous year | -12.67 % change on previous year | 23.31 % change on previous year | 10 |
| 1990s | 4 % change on previous year | -38.09 % change on previous year | 57.77 % change on previous year | 10 |
| 2000s | 13.29 % change on previous year | -23.57 % change on previous year | 35.48 % change on previous year | 10 |
| 2010s | 5.1 % change on previous year | -24.53 % change on previous year | 26.93 % change on previous year | 10 |
| 2020s | 5.81 % change on previous year | -20.21 % change on previous year | 33.35 % change on previous year | 5 |
Countries ranked near Kuwait
- 198 Trinidad and Tobago -0.0611 % change on previous year compare
- 199 Congo -1.17 % change on previous year compare
- 200 Naoero -1.4 % change on previous year compare
- 202 Brunei Darussalam -4.06 % change on previous year compare
- 203 Timor-Leste -4.74 % change on previous year compare
- 204 Equatorial Guinea -5.56 % 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)
- GNI (current LCU), per unit of GDP 0.3698 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 12,148 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 2.48 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 2.32 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 4.27 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP -0.075 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita -2,423 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.34 % change on previous year (2025)
Frequently asked questions
- What is gni (current lcu), annual growth rate in Kuwait?
- Gni (current lcu), annual growth rate in Kuwait was -2.06 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (current lcu), annual growth rate recorded in Kuwait?
- The highest recorded value was 179.85 % change on previous year in 1974.
- What is the lowest gni (current lcu), annual growth rate recorded in Kuwait?
- The lowest recorded value was -38.09 % change on previous year in 1991.
- How does Kuwait rank for gni (current lcu), annual growth rate?
- Kuwait ranks 201st out of 207 countries with data for 2024.
- Is gni (current lcu), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is up 58.0%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 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 (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.