Gross Domestic Product — Annual growth US$ per capita in Kuwait
Kuwait: Gross Domestic Product — Annual growth US$ per capita was -5 % in 2024. ◆ Volatile
Gross Domestic Product — Annual growth US$ per capita in Kuwait, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross domestic product — annual growth us$ per capita in Kuwait stood at -5 %.
The figure is up 67.9% on the previous year and up 53.0% over ten years.
Over the whole period, gross domestic product — annual growth us$ per capita in Kuwait peaked at 126.52 % in 1974 and was at its lowest, -32.65 %, in 2015.
That places Kuwait 188th out of 195 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Annual growth US$ per capita in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 26.35 % | — |
| 1972 | 7.72 % | -70.7% |
| 1973 | 14.41 % | +86.7% |
| 1974 | 126.52 % | +778.1% |
| 1975 | -13.16 % | -110.4% |
| 1976 | 2.34 % | -117.8% |
| 1977 | 0.982 % | -58.1% |
| 1978 | 2.91 % | +195.8% |
| 1979 | 50.32 % | +1632.1% |
| 1980 | 9.66 % | -80.8% |
| 1981 | -16.37 % | -269.4% |
| 1982 | -18.58 % | +13.5% |
| 1983 | -7.84 % | -57.8% |
| 1984 | -0.3766 % | -95.2% |
| 1985 | -5.01 % | +1231.3% |
| 1986 | -19.83 % | +295.4% |
| 1987 | 20.03 % | -201.0% |
| 1988 | -11.04 % | -155.1% |
| 1989 | 13.13 % | -218.9% |
| 1990 | -0.0158 % | -100.1% |
| 1991 | -25.66 % | +161858.1% |
| 1992 | 49.11 % | -291.4% |
| 1993 | 17.89 % | -63.6% |
| 1994 | 4.25 % | -76.2% |
| 1995 | 5.73 % | +34.6% |
| 1996 | 15.26 % | +166.4% |
| 1997 | -6.72 % | -144.0% |
| 1998 | -17.14 % | +155.1% |
| 1999 | 12.7 % | -174.1% |
| 2000 | 21.71 % | +71.0% |
| 2001 | -9.96 % | -145.9% |
| 2002 | 6.55 % | -165.8% |
| 2003 | 22.57 % | +244.4% |
| 2004 | 21.42 % | -5.1% |
| 2005 | 31.11 % | +45.2% |
| 2006 | 18.89 % | -39.3% |
| 2007 | 6.43 % | -66.0% |
| 2008 | 21.6 % | +235.9% |
| 2009 | -31.8 % | -247.2% |
| 2010 | 3.44 % | -110.8% |
| 2011 | 25.39 % | +637.4% |
| 2012 | 6.07 % | -76.1% |
| 2013 | -4.8 % | -179.1% |
| 2014 | -10.64 % | +121.6% |
| 2015 | -32.65 % | +206.9% |
| 2016 | -8.56 % | -73.8% |
| 2017 | 6.31 % | -173.7% |
| 2018 | 10.4 % | +64.8% |
| 2019 | -1.12 % | -110.8% |
| 2020 | -20.41 % | +1717.6% |
| 2021 | 34.9 % | -271.0% |
| 2022 | 17.72 % | -49.2% |
| 2023 | -15.59 % | -187.9% |
| 2024 | -5 % | -67.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.27 % | -13.16 % | 126.52 % | 9 |
| 1980s | -3.62 % | -19.83 % | 20.03 % | 10 |
| 1990s | 5.54 % | -25.66 % | 49.11 % | 10 |
| 2000s | 10.85 % | -31.8 % | 31.11 % | 10 |
| 2010s | -0.6156 % | -32.65 % | 25.39 % | 10 |
| 2020s | 2.33 % | -20.41 % | 34.9 % | 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)
- Manufacturing, value added (constant LCU), per capita 706.21 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -8.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.5412 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 17,486 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -8.45 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1658 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 5,359 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.22 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — annual growth us$ per capita in Kuwait?
- Gross domestic product — annual growth us$ per capita in Kuwait was -5 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — annual growth us$ per capita recorded in Kuwait?
- The highest recorded value was 126.52 % in 1974.
- What is the lowest gross domestic product — annual growth us$ per capita recorded in Kuwait?
- The lowest recorded value was -32.65 % in 2015.
- How does Kuwait rank for gross domestic product — annual growth us$ per capita?
- Kuwait ranks 188th out of 195 countries with data for 2024.
- Is gross domestic product — annual growth us$ per capita rising or falling in Kuwait?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Annual growth US$ per capita. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).