GNI, PPP in Kuwait
Kuwait: GNI, PPP was 313.63 billion current international $ in 2024. ▲ Rising
GNI, PPP in Kuwait, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, gni, ppp in Kuwait stood at 313.63 billion current international $. That is the highest value across all 35 years on record.
That represents a change of up 1.9% on the previous year and up 14.2% over ten years.
Over the whole period, gni, ppp in Kuwait peaked at 313.63 billion current international $ in 2024 and was at its lowest, 47.14 billion current international $, in 1991.
Kuwait ranks 65th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
GNI, PPP in Kuwait, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 73.63 billion current international $ | — |
| 1991 | 47.14 billion current international $ | -36.0% |
| 1992 | 74.70 billion current international $ | +58.5% |
| 1993 | 94.02 billion current international $ | +25.9% |
| 1994 | 101.23 billion current international $ | +7.7% |
| 1995 | 113.38 billion current international $ | +12.0% |
| 1996 | 114.67 billion current international $ | +1.1% |
| 1997 | 123.88 billion current international $ | +8.0% |
| 1998 | 131.94 billion current international $ | +6.5% |
| 1999 | 125.35 billion current international $ | -5.0% |
| 2000 | 135.13 billion current international $ | +7.8% |
| 2001 | 134.10 billion current international $ | -0.8% |
| 2002 | 133.79 billion current international $ | -0.2% |
| 2003 | 157.50 billion current international $ | +17.7% |
| 2004 | 183.78 billion current international $ | +16.7% |
| 2005 | 210.89 billion current international $ | +14.7% |
| 2006 | 237.95 billion current international $ | +12.8% |
| 2007 | 254.10 billion current international $ | +6.8% |
| 2008 | 256.98 billion current international $ | +1.1% |
| 2009 | 238.59 billion current international $ | -7.2% |
| 2010 | 237.52 billion current international $ | -0.4% |
| 2011 | 262.48 billion current international $ | +10.5% |
| 2012 | 293.92 billion current international $ | +12.0% |
| 2013 | 291.04 billion current international $ | -1.0% |
| 2014 | 274.61 billion current international $ | -5.6% |
| 2015 | 192.81 billion current international $ | -29.8% |
| 2016 | 187.20 billion current international $ | -2.9% |
| 2017 | 223.57 billion current international $ | +19.4% |
| 2018 | 251.48 billion current international $ | +12.5% |
| 2019 | 257.55 billion current international $ | +2.4% |
| 2020 | 209.32 billion current international $ | -18.7% |
| 2021 | 256.82 billion current international $ | +22.7% |
| 2022 | 288.37 billion current international $ | +12.3% |
| 2023 | 307.90 billion current international $ | +6.8% |
| 2024 | 313.63 billion current international $ | +1.9% |
Kuwait compared with similar countries
- Kuwait's 313.63 billion current international $ is above the median for high income countries, which is 259.43 billion current international $, 1.2× the median. (73 countries reporting)
- Kuwait's 313.63 billion current international $ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 208.07 billion current international $, 1.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.99 billion current international $ | 47.14 billion current international $ | 131.94 billion current international $ | 10 |
| 2000s | 194.28 billion current international $ | 133.79 billion current international $ | 256.98 billion current international $ | 10 |
| 2010s | 247.22 billion current international $ | 187.20 billion current international $ | 293.92 billion current international $ | 10 |
| 2020s | 275.21 billion current international $ | 209.32 billion current international $ | 313.63 billion current international $ | 5 |
Countries ranked near Kuwait
- 62 Finland 374.34 billion current international $ compare
- 63 Sri Lanka 364.37 billion current international $ compare
- 64 Myanmar 322.96 billion current international $ compare
- 66 Belarus 311.70 billion current international $ compare
- 67 Dominican Republic 310.77 billion current international $ compare
- 68 Tanzania 298.56 billion current international $ 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)
- 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, ppp in Kuwait?
- Gni, ppp in Kuwait was 313.63 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Kuwait?
- The highest recorded value was 313.63 billion current international $ in 2024.
- What is the lowest gni, ppp recorded in Kuwait?
- The lowest recorded value was 47.14 billion current international $ in 1991.
- How does Kuwait rank for gni, ppp?
- Kuwait ranks 65th out of 203 countries with data for 2024.
- Is gni, ppp rising or falling in Kuwait?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.