Gross Domestic Product, GDP in millions constant 2021 international $ in Kuwait
Kuwait: Gross Domestic Product, GDP in millions constant 2021 international $ was 246,421 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Kuwait, 1991–2027
Source: International Labour Organization.
Analysis
Kuwait recorded 246,421 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
The figure is up 2.3% on the previous year and up 13.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Kuwait peaked at 246,421 in 2027 and was at its lowest, 38,696, in 1991.
Kuwait ranks 74th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 38,696 | — |
| 1992 | 70,740 | +82.8% |
| 1993 | 94,784 | +34.0% |
| 1994 | 102,781 | +8.4% |
| 1995 | 107,774 | +4.9% |
| 1996 | 108,426 | +0.6% |
| 1997 | 111,108 | +2.5% |
| 1998 | 115,177 | +3.7% |
| 1999 | 113,116 | -1.8% |
| 2000 | 118,427 | +4.7% |
| 2001 | 118,679 | +0.2% |
| 2002 | 122,257 | +3.0% |
| 2003 | 143,439 | +17.3% |
| 2004 | 158,127 | +10.2% |
| 2005 | 174,903 | +10.6% |
| 2006 | 188,047 | +7.5% |
| 2007 | 199,314 | +6.0% |
| 2008 | 204,256 | +2.5% |
| 2009 | 189,803 | -7.1% |
| 2010 | 185,304 | -2.4% |
| 2011 | 203,146 | +9.6% |
| 2012 | 216,606 | +6.6% |
| 2013 | 219,096 | +1.1% |
| 2014 | 220,193 | +0.5% |
| 2015 | 221,498 | +0.6% |
| 2016 | 227,980 | +2.9% |
| 2017 | 217,237 | -4.7% |
| 2018 | 223,196 | +2.7% |
| 2019 | 228,249 | +2.3% |
| 2020 | 217,254 | -4.8% |
| 2021 | 220,887 | +1.7% |
| 2022 | 235,817 | +6.8% |
| 2023 | 231,885 | -1.7% |
| 2024 | 225,949 | -2.6% |
| 2025 | 231,765 | +2.6% |
| 2026 | 240,867 | +3.9% |
| 2027 | 246,421 | +2.3% |
Kuwait compared with similar countries
- Kuwait's 246,421 is below the median for high income countries, which is 390,765, 63% of the median. (62 countries reporting)
- Kuwait's 246,421 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 214,891, 1.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 1992 | +82.8% | 38,696 | 70,740 |
| 1993 | +34.0% | 70,740 | 94,784 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95,845 | 38,696 | 115,177 | 9 |
| 2000s | 161,725 | 118,427 | 204,256 | 10 |
| 2010s | 216,250 | 185,304 | 228,249 | 10 |
| 2020s | 231,356 | 217,254 | 246,421 | 8 |
Countries ranked near Kuwait
- 71 New Zealand 269,939 compare
- 72 Côte d'Ivoire 259,365 compare
- 73 Guatemala 259,292 compare
- 75 Azerbaijan 243,602 compare
- 76 Bulgaria 239,913 compare
- 77 Cuba 232,740 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 gross domestic product, gdp in millions constant 2021 international $ in Kuwait?
- Gross domestic product, gdp in millions constant 2021 international $ in Kuwait was 246,421 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Kuwait?
- The highest recorded value was 246,421 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Kuwait?
- The lowest recorded value was 38,696 in 1991.
- How does Kuwait rank for gross domestic product, gdp in millions constant 2021 international $?
- Kuwait ranks 74th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Kuwait?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.