GNI (current US$), annual growth rate in Kuwait
Kuwait: GNI (current US$), annual growth rate was -1.9 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-1.9 % change on previous year
Change on year
up 66.1%
World rank
195th
of 207 countries
All-time high
183.12 % change on previous year
in 1974
All-time low
-37.27 % change on previous year
in 1991
Years of data
62
1963–2024
GNI (current US$), annual growth rate in Kuwait, 1963–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kuwait recorded -1.9 % change on previous year for gni (current us$), annual growth rate in 2024.
Compared with earlier readings it is up 66.1% on the previous year and up 63.6% over ten years.
Over the whole period, gni (current us$), annual growth rate in Kuwait peaked at 183.12 % change on previous year in 1974 and was at its lowest, -37.27 % change on previous year, in 1991.
Kuwait ranks 195th of 207 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GNI (current US$), 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 | 9.06 % change on previous year | +7.8% |
| 1966 | 15.4 % change on previous year | +70.0% |
| 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 | 31.45 % change on previous year | +2238.2% |
| 1972 | 6.95 % change on previous year | -77.9% |
| 1973 | 26.99 % change on previous year | +288.1% |
| 1974 | 183.12 % change on previous year | +578.6% |
| 1975 | 9.35 % change on previous year | -94.9% |
| 1976 | 11.13 % change on previous year | +19.1% |
| 1977 | 8.62 % change on previous year | -22.5% |
| 1978 | 13.88 % change on previous year | +60.9% |
| 1979 | 54.1 % change on previous year | +289.8% |
| 1980 | 19.99 % change on previous year | -63.1% |
| 1981 | -2.51 % change on previous year | -112.6% |
| 1982 | -15.44 % change on previous year | +514.9% |
| 1983 | -6.17 % change on previous year | -60.1% |
| 1984 | 3.15 % change on previous year | -151.0% |
| 1985 | -2.26 % change on previous year | -171.9% |
| 1986 | -1.79 % change on previous year | -20.9% |
| 1987 | 9.01 % change on previous year | -602.8% |
| 1988 | -0.0175 % change on previous year | -100.2% |
| 1989 | 17.12 % change on previous year | -97752.0% |
| 1990 | -20.02 % change on previous year | -217.0% |
| 1991 | -37.27 % change on previous year | +86.2% |
| 1992 | 52.86 % change on previous year | -241.8% |
| 1993 | 10.62 % change on previous year | -79.9% |
| 1994 | 0.9036 % change on previous year | -91.5% |
| 1995 | 14.46 % change on previous year | +1500.1% |
| 1996 | 14.36 % change on previous year | -0.7% |
| 1997 | -0.1249 % change on previous year | -100.9% |
| 1998 | -13.15 % change on previous year | +10428.6% |
| 1999 | 10.75 % change on previous year | -181.8% |
| 2000 | 26.08 % change on previous year | +142.6% |
| 2001 | -10.42 % change on previous year | -140.0% |
| 2002 | 4.24 % change on previous year | -140.7% |
| 2003 | 23.52 % change on previous year | +454.2% |
| 2004 | 27.98 % change on previous year | +19.0% |
| 2005 | 36.74 % change on previous year | +31.3% |
| 2006 | 27.96 % change on previous year | -23.9% |
| 2007 | 10.73 % change on previous year | -61.6% |
| 2008 | 24.48 % change on previous year | +128.2% |
| 2009 | -28.6 % change on previous year | -216.9% |
| 2010 | 9.73 % change on previous year | -134.0% |
| 2011 | 31.82 % change on previous year | +227.1% |
| 2012 | 14.36 % change on previous year | -54.9% |
| 2013 | 0.7406 % change on previous year | -94.8% |
| 2014 | -5.23 % change on previous year | -805.8% |
| 2015 | -28.61 % change on previous year | +447.4% |
| 2016 | -4 % change on previous year | -86.0% |
| 2017 | 14.14 % change on previous year | -453.3% |
| 2018 | 12.56 % change on previous year | -11.2% |
| 2019 | 2.6 % change on previous year | -79.3% |
| 2020 | -20.9 % change on previous year | -904.2% |
| 2021 | 35.38 % change on previous year | -269.3% |
| 2022 | 21.46 % change on previous year | -39.4% |
| 2023 | -5.61 % change on previous year | -126.1% |
| 2024 | -1.9 % change on previous year | -66.1% |
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 | 34.69 % change on previous year | 1.35 % change on previous year | 183.12 % change on previous year | 10 |
| 1980s | 2.11 % change on previous year | -15.44 % change on previous year | 19.99 % change on previous year | 10 |
| 1990s | 3.34 % change on previous year | -37.27 % change on previous year | 52.86 % change on previous year | 10 |
| 2000s | 14.27 % change on previous year | -28.6 % change on previous year | 36.74 % change on previous year | 10 |
| 2010s | 4.81 % change on previous year | -28.61 % change on previous year | 31.82 % change on previous year | 10 |
| 2020s | 5.69 % change on previous year | -20.9 % change on previous year | 35.38 % change on previous year | 5 |
Countries ranked near Kuwait
- 192 Trinidad and Tobago -0.0416 % change on previous year compare
- 193 Mexico -0.1742 % change on previous year compare
- 194 Equatorial Guinea -1.6 % change on previous year compare
- 196 Brunei Darussalam -1.98 % change on previous year compare
- 197 Naoero -2.66 % change on previous year compare
- 198 Libya -2.97 % 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, Atlas method (current US$), annual growth rate -1.33 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.25 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 41,111 current US$ per person (2024)
- GNI (current US$), per unit of GDP 1.21 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 39,611 current US$ per person (2024)
- GNI (current LCU), annual growth rate -2.06 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gni (current us$), annual growth rate in Kuwait?
- Gni (current us$), annual growth rate in Kuwait was -1.9 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gni (current us$), annual growth rate recorded in Kuwait?
- The highest recorded value was 183.12 % change on previous year in 1974.
- What is the lowest gni (current us$), annual growth rate recorded in Kuwait?
- The lowest recorded value was -37.27 % change on previous year in 1991.
- How does Kuwait rank for gni (current us$), annual growth rate?
- Kuwait ranks 195th out of 207 countries with data for 2024.
- Is gni (current us$), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is up 63.6%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.