GNI in Kuwait
Kuwait: GNI was 59.49 billion current LCU in 2024. ◆ Volatile
Latest (2024)
59.49 billion current LCU
Change on year
down 2.1%
World rank
156th
of 210 countries
All-time high
64.16 billion current LCU
in 2022
All-time low
460.00 million current LCU
in 1962
Years of data
63
1962–2024
GNI in Kuwait, 1962–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gni in Kuwait stood at 59.49 billion current LCU.
The figure is down 2.1% on the previous year and up 17.3% over ten years.
Over the whole period, gni in Kuwait peaked at 64.16 billion current LCU in 2022 and was at its lowest, 460.00 million current LCU, in 1962.
That places Kuwait 156th out of 210 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GNI in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1962 | 460.00 million current LCU | — |
| 1963 | 500.00 million current LCU | +8.7% |
| 1964 | 542.00 million current LCU | +8.4% |
| 1965 | 591.00 million current LCU | +9.0% |
| 1966 | 682.00 million current LCU | +15.4% |
| 1967 | 734.00 million current LCU | +7.6% |
| 1968 | 793.00 million current LCU | +8.0% |
| 1969 | 840.00 million current LCU | +5.9% |
| 1970 | 851.30 million current LCU | +1.3% |
| 1971 | 1.12 billion current LCU | +31.1% |
| 1972 | 1.10 billion current LCU | -1.2% |
| 1973 | 1.26 billion current LCU | +14.5% |
| 1974 | 3.53 billion current LCU | +179.9% |
| 1975 | 3.82 billion current LCU | +8.2% |
| 1976 | 4.28 billion current LCU | +12.0% |
| 1977 | 4.56 billion current LCU | +6.5% |
| 1978 | 4.98 billion current LCU | +9.3% |
| 1979 | 7.71 billion current LCU | +54.8% |
| 1980 | 9.05 billion current LCU | +17.4% |
| 1981 | 9.10 billion current LCU | +0.6% |
| 1982 | 7.95 billion current LCU | -12.7% |
| 1983 | 7.55 billion current LCU | -5.0% |
| 1984 | 7.91 billion current LCU | +4.8% |
| 1985 | 7.85 billion current LCU | -0.7% |
| 1986 | 7.45 billion current LCU | -5.1% |
| 1987 | 7.79 billion current LCU | +4.5% |
| 1988 | 7.80 billion current LCU | +0.1% |
| 1989 | 9.62 billion current LCU | +23.3% |
| 1990 | 7.54 billion current LCU | -21.6% |
| 1991 | 4.67 billion current LCU | -38.1% |
| 1992 | 7.36 billion current LCU | +57.8% |
| 1993 | 8.39 billion current LCU | +13.9% |
| 1994 | 8.32 billion current LCU | -0.8% |
| 1995 | 9.57 billion current LCU | +15.0% |
| 1996 | 10.98 billion current LCU | +14.7% |
| 1997 | 11.11 billion current LCU | +1.2% |
| 1998 | 9.69 billion current LCU | -12.7% |
| 1999 | 10.72 billion current LCU | +10.6% |
| 2000 | 13.63 billion current LCU | +27.0% |
| 2001 | 12.20 billion current LCU | -10.4% |
| 2002 | 12.61 billion current LCU | +3.3% |
| 2003 | 15.27 billion current LCU | +21.1% |
| 2004 | 19.32 billion current LCU | +26.6% |
| 2005 | 26.18 billion current LCU | +35.5% |
| 2006 | 33.29 billion current LCU | +27.2% |
| 2007 | 36.10 billion current LCU | +8.5% |
| 2008 | 42.51 billion current LCU | +17.7% |
| 2009 | 32.49 billion current LCU | -23.6% |
| 2010 | 35.50 billion current LCU | +9.3% |
| 2011 | 45.06 billion current LCU | +26.9% |
| 2012 | 52.28 billion current LCU | +16.0% |
| 2013 | 53.35 billion current LCU | +2.1% |
| 2014 | 50.74 billion current LCU | -4.9% |
| 2015 | 38.29 billion current LCU | -24.5% |
| 2016 | 36.92 billion current LCU | -3.6% |
| 2017 | 42.31 billion current LCU | +14.6% |
| 2018 | 47.40 billion current LCU | +12.0% |
| 2019 | 48.90 billion current LCU | +3.2% |
| 2020 | 39.02 billion current LCU | -20.2% |
| 2021 | 52.03 billion current LCU | +33.4% |
| 2022 | 64.16 billion current LCU | +23.3% |
| 2023 | 60.74 billion current LCU | -5.3% |
| 2024 | 59.49 billion current LCU | -2.1% |
Kuwait compared with similar countries
- Kuwait's 59.49 billion current LCU is below the median for high income countries, which is 291.94 billion current LCU, 20% of the median. (78 countries reporting)
- Kuwait's 59.49 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.68 trillion current LCU, 4% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where GNI 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 |
|---|---|---|---|
| 1974 | +179.9% | 1.26 billion current LCU | 3.53 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 642.75 million current LCU | 460.00 million current LCU | 840.00 million current LCU | 8 |
| 1970s | 3.32 billion current LCU | 851.30 million current LCU | 7.71 billion current LCU | 10 |
| 1980s | 8.21 billion current LCU | 7.45 billion current LCU | 9.62 billion current LCU | 10 |
| 1990s | 8.84 billion current LCU | 4.67 billion current LCU | 11.11 billion current LCU | 10 |
| 2000s | 24.36 billion current LCU | 12.20 billion current LCU | 42.51 billion current LCU | 10 |
| 2010s | 45.07 billion current LCU | 35.50 billion current LCU | 53.35 billion current LCU | 10 |
| 2020s | 55.09 billion current LCU | 39.02 billion current LCU | 64.16 billion current LCU | 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 in Kuwait?
- Gni in Kuwait was 59.49 billion current 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 64.16 billion current LCU in 2022.
- What is the lowest gni recorded in Kuwait?
- The lowest recorded value was 460.00 million current LCU in 1962.
- How does Kuwait rank for gni?
- Kuwait ranks 156th out of 210 countries with data for 2024.
- Is gni rising or falling in Kuwait?
- Over the last ten years it is up 17.3%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.