GNI growth in Kuwait
Kuwait: GNI growth was -4.1% in 2024. ◆ Volatile
GNI growth in Kuwait, 2011–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gni growth in Kuwait stood at -4.1%.
The figure is up 45.6% on the previous year and up 37.4% over ten years.
Over the whole period, gni growth in Kuwait peaked at 30.3% in 2021 and was at its lowest, -26.3%, in 2015.
Kuwait ranks 155th of 164 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 growth in Kuwait, year by year
| Year | annual % | Change |
|---|---|---|
| 2011 | 22.6% | — |
| 2012 | 12.7% | -43.6% |
| 2013 | -1.8% | -114.3% |
| 2014 | -6.6% | +262.4% |
| 2015 | -26.3% | +299.8% |
| 2016 | -5.5% | -79.1% |
| 2017 | 12.0% | -319.2% |
| 2018 | 11.2% | -7.3% |
| 2019 | 2.2% | -80.6% |
| 2020 | -21.5% | -1093.8% |
| 2021 | 30.3% | -240.5% |
| 2022 | 20.7% | -31.6% |
| 2023 | -7.6% | -136.5% |
| 2024 | -4.1% | -45.6% |
Kuwait compared with similar countries
- Kuwait's -4.1% is below the median for high income countries, which is 2.4%. (56 countries reporting)
- Kuwait's -4.1% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%. (20 countries reporting)
Biggest year-on-year movements
Years where GNI growth 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 | -1093.8% | 2.2% | -21.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.3% | -26.3% | 22.6% | 9 |
| 2020s | 3.6% | -21.5% | 30.3% | 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 growth in Kuwait?
- Gni growth in Kuwait was -4.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Kuwait?
- The highest recorded value was 30.3% in 2021.
- What is the lowest gni growth recorded in Kuwait?
- The lowest recorded value was -26.3% in 2015.
- How does Kuwait rank for gni growth?
- Kuwait ranks 155th out of 164 countries with data for 2024.
- Is gni growth 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.