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 153rd of 162 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
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
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (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 153rd out of 162 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.