Gross domestic product (GDP), Constant prices, Purchasing power in Kuwait
Kuwait: Gross domestic product (GDP), Constant prices, Purchasing power was 231.94 in 2019. ▲ Rising
Gross domestic product (GDP), Constant prices, Purchasing power in Kuwait, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Kuwait is 231.94, measured in 2019.
The figure is up 0.4% on the previous year and up 16.4% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Kuwait peaked at 239.39 in 2016 and was at its lowest, 41.05, in 1991.
That places Kuwait 64th out of 193 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 113.8 | — |
| 1971 | 121.82 | +7.0% |
| 1972 | 126.57 | +3.9% |
| 1973 | 118.25 | -6.6% |
| 1974 | 102.89 | -13.0% |
| 1975 | 90.26 | -12.3% |
| 1976 | 96.23 | +6.6% |
| 1977 | 92.52 | -3.8% |
| 1978 | 99.33 | +7.4% |
| 1979 | 113.13 | +13.9% |
| 1980 | 91.17 | -19.4% |
| 1981 | 73.92 | -18.9% |
| 1982 | 65.23 | -11.7% |
| 1983 | 70.41 | +7.9% |
| 1984 | 74.1 | +5.2% |
| 1985 | 70.94 | -4.3% |
| 1986 | 77.02 | +8.6% |
| 1987 | 83.3 | +8.1% |
| 1988 | 74.92 | -10.1% |
| 1989 | 94.32 | +25.9% |
| 1990 | 69.58 | -26.2% |
| 1991 | 41.05 | -41.0% |
| 1992 | 75.04 | +82.8% |
| 1993 | 100.37 | +33.8% |
| 1994 | 109.03 | +8.6% |
| 1995 | 110.53 | +1.4% |
| 1996 | 113.84 | +3.0% |
| 1997 | 116.68 | +2.5% |
| 1998 | 120.95 | +3.7% |
| 1999 | 118.79 | -1.8% |
| 2000 | 124.35 | +4.7% |
| 2001 | 124.62 | +0.2% |
| 2002 | 128.38 | +3.0% |
| 2003 | 150.62 | +17.3% |
| 2004 | 166.04 | +10.2% |
| 2005 | 183.66 | +10.6% |
| 2006 | 197.46 | +7.5% |
| 2007 | 209.29 | +6.0% |
| 2008 | 214.48 | +2.5% |
| 2009 | 199.3 | -7.1% |
| 2010 | 194.58 | -2.4% |
| 2011 | 213.31 | +9.6% |
| 2012 | 227.45 | +6.6% |
| 2013 | 230.06 | +1.1% |
| 2014 | 231.21 | +0.5% |
| 2015 | 232.59 | +0.6% |
| 2016 | 239.39 | +2.9% |
| 2017 | 228.11 | -4.7% |
| 2018 | 230.96 | +1.2% |
| 2019 | 231.94 | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 107.48 | 90.26 | 126.57 | 10 |
| 1980s | 77.53 | 65.23 | 94.32 | 10 |
| 1990s | 97.59 | 41.05 | 120.95 | 10 |
| 2000s | 169.82 | 124.35 | 214.48 | 10 |
| 2010s | 225.96 | 194.58 | 239.39 | 10 |
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)
- Total reserves minus gold (current US$), annual growth rate -7.84 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2586 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 8,355 current US$ per person (2025)
- General government final consumption expenditure (current US$) 2.02 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2579 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 8,474 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 1.85 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.0791 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Kuwait?
- Gross domestic product (gdp), constant prices, purchasing power in Kuwait was 231.94 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Kuwait?
- The highest recorded value was 239.39 in 2016.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Kuwait?
- The lowest recorded value was 41.05 in 1991.
- How does Kuwait rank for gross domestic product (gdp), constant prices, purchasing power?
- Kuwait ranks 64th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Kuwait?
- Over the last ten years it is up 16.4%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.