Gross domestic product (GDP), per unit of GDP (Bolt) in Kuwait
Kuwait: Gross domestic product (GDP), per unit of GDP (Bolt) was 1.19 international-$ in 2011 prices per US$ of GDP in 2022. ◆ Volatile
Latest (2022)
1.19 international-$ in 2011 prices per US$ of GDP
Change on year
down 12.5%
World rank
119th
of 163 countries
All-time high
12.73 international-$ in 2011 prices per US$ of GDP
in 1970
All-time low
0.5421 international-$ in 2011 prices per US$ of GDP
in 1991
Years of data
61
1962–2022
Gross domestic product (GDP), per unit of GDP in Kuwait, 1962–2022
Source: Statizoid (derived). Measured in international-$ in 2011 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Kuwait is 1.19 international-$ in 2011 prices per US$ of GDP, measured in 2022.
That represents a change of down 12.5% on the previous year and down 3.2% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Kuwait peaked at 12.73 international-$ in 2011 prices per US$ of GDP in 1970 and was at its lowest, 0.5421 international-$ in 2011 prices per US$ of GDP, in 1991.
That places Kuwait 119th out of 163 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), per unit of GDP (Bolt) in Kuwait, year by year
| Year | international-$ in 2011 prices per US$ of GDP | Change |
|---|---|---|
| 1962 | 8.26 international-$ in 2011 prices per US$ of GDP | — |
| 1963 | 8.37 international-$ in 2011 prices per US$ of GDP | +1.3% |
| 1964 | 8.43 international-$ in 2011 prices per US$ of GDP | +0.8% |
| 1965 | 8.52 international-$ in 2011 prices per US$ of GDP | +1.0% |
| 1966 | 8.39 international-$ in 2011 prices per US$ of GDP | -1.5% |
| 1967 | 8.41 international-$ in 2011 prices per US$ of GDP | +0.3% |
| 1968 | 8.43 international-$ in 2011 prices per US$ of GDP | +0.3% |
| 1969 | 8.33 international-$ in 2011 prices per US$ of GDP | -1.2% |
| 1970 | 12.73 international-$ in 2011 prices per US$ of GDP | +52.8% |
| 1971 | 10.08 international-$ in 2011 prices per US$ of GDP | -20.8% |
| 1972 | 9.13 international-$ in 2011 prices per US$ of GDP | -9.4% |
| 1973 | 7.03 international-$ in 2011 prices per US$ of GDP | -23.1% |
| 1974 | 2.55 international-$ in 2011 prices per US$ of GDP | -63.7% |
| 1975 | 2.42 international-$ in 2011 prices per US$ of GDP | -4.9% |
| 1976 | 2.36 international-$ in 2011 prices per US$ of GDP | -2.5% |
| 1977 | 2.11 international-$ in 2011 prices per US$ of GDP | -10.7% |
| 1978 | 2.06 international-$ in 2011 prices per US$ of GDP | -2.2% |
| 1979 | 1.47 international-$ in 2011 prices per US$ of GDP | -28.8% |
| 1980 | 1.01 international-$ in 2011 prices per US$ of GDP | -31.2% |
| 1981 | 0.9375 international-$ in 2011 prices per US$ of GDP | -7.3% |
| 1982 | 0.9609 international-$ in 2011 prices per US$ of GDP | +2.5% |
| 1983 | 1.07 international-$ in 2011 prices per US$ of GDP | +11.6% |
| 1984 | 1.09 international-$ in 2011 prices per US$ of GDP | +1.2% |
| 1985 | 1.05 international-$ in 2011 prices per US$ of GDP | -3.1% |
| 1986 | 1.37 international-$ in 2011 prices per US$ of GDP | +30.0% |
| 1987 | 1.05 international-$ in 2011 prices per US$ of GDP | -23.2% |
| 1988 | 1.17 international-$ in 2011 prices per US$ of GDP | +11.9% |
| 1989 | 1.07 international-$ in 2011 prices per US$ of GDP | -8.5% |
| 1990 | 1.13 international-$ in 2011 prices per US$ of GDP | +5.6% |
| 1991 | 0.5421 international-$ in 2011 prices per US$ of GDP | -52.2% |
| 1992 | 0.9204 international-$ in 2011 prices per US$ of GDP | +69.8% |
| 1993 | 1.25 international-$ in 2011 prices per US$ of GDP | +35.4% |
| 1994 | 1.56 international-$ in 2011 prices per US$ of GDP | +25.4% |
| 1995 | 1.7 international-$ in 2011 prices per US$ of GDP | +8.5% |
| 1996 | 1.65 international-$ in 2011 prices per US$ of GDP | -3.0% |
| 1997 | 1.88 international-$ in 2011 prices per US$ of GDP | +14.3% |
| 1998 | 2.4 international-$ in 2011 prices per US$ of GDP | +27.7% |
| 1999 | 2.13 international-$ in 2011 prices per US$ of GDP | -11.2% |
| 2000 | 1.88 international-$ in 2011 prices per US$ of GDP | -11.7% |
| 2001 | 2.17 international-$ in 2011 prices per US$ of GDP | +15.4% |
| 2002 | 2.19 international-$ in 2011 prices per US$ of GDP | +0.9% |
| 2003 | 2.19 international-$ in 2011 prices per US$ of GDP | -0.0% |
| 2004 | 2.08 international-$ in 2011 prices per US$ of GDP | -5.3% |
| 2005 | 1.77 international-$ in 2011 prices per US$ of GDP | -14.9% |
| 2006 | 1.57 international-$ in 2011 prices per US$ of GDP | -11.1% |
| 2007 | 1.52 international-$ in 2011 prices per US$ of GDP | -3.1% |
| 2008 | 1.25 international-$ in 2011 prices per US$ of GDP | -18.1% |
| 2009 | 1.65 international-$ in 2011 prices per US$ of GDP | +32.7% |
| 2010 | 1.53 international-$ in 2011 prices per US$ of GDP | -7.8% |
| 2011 | 1.31 international-$ in 2011 prices per US$ of GDP | -14.4% |
| 2012 | 1.23 international-$ in 2011 prices per US$ of GDP | -5.6% |
| 2013 | 1.25 international-$ in 2011 prices per US$ of GDP | +1.1% |
| 2014 | 1.34 international-$ in 2011 prices per US$ of GDP | +7.6% |
| 2015 | 1.91 international-$ in 2011 prices per US$ of GDP | +42.8% |
| 2016 | 2.06 international-$ in 2011 prices per US$ of GDP | +7.8% |
| 2017 | 1.78 international-$ in 2011 prices per US$ of GDP | -13.6% |
| 2018 | 1.59 international-$ in 2011 prices per US$ of GDP | -10.8% |
| 2019 | 1.56 international-$ in 2011 prices per US$ of GDP | -2.1% |
| 2020 | 1.8 international-$ in 2011 prices per US$ of GDP | +15.6% |
| 2021 | 1.36 international-$ in 2011 prices per US$ of GDP | -24.2% |
| 2022 | 1.19 international-$ in 2011 prices per US$ of GDP | -12.5% |
Kuwait compared with similar countries
- Kuwait's 1.19 international-$ in 2011 prices per US$ of GDP is above the median for high income countries, which is 1.07 international-$ in 2011 prices per US$ of GDP, 1.1× the median. (55 countries reporting)
- Kuwait's 1.19 international-$ in 2011 prices per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.86 international-$ in 2011 prices per US$ of GDP, 64% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.39 international-$ in 2011 prices per US$ of GDP | 8.26 international-$ in 2011 prices per US$ of GDP | 8.52 international-$ in 2011 prices per US$ of GDP | 8 |
| 1970s | 5.19 international-$ in 2011 prices per US$ of GDP | 1.47 international-$ in 2011 prices per US$ of GDP | 12.73 international-$ in 2011 prices per US$ of GDP | 10 |
| 1980s | 1.08 international-$ in 2011 prices per US$ of GDP | 0.9375 international-$ in 2011 prices per US$ of GDP | 1.37 international-$ in 2011 prices per US$ of GDP | 10 |
| 1990s | 1.52 international-$ in 2011 prices per US$ of GDP | 0.5421 international-$ in 2011 prices per US$ of GDP | 2.4 international-$ in 2011 prices per US$ of GDP | 10 |
| 2000s | 1.83 international-$ in 2011 prices per US$ of GDP | 1.25 international-$ in 2011 prices per US$ of GDP | 2.19 international-$ in 2011 prices per US$ of GDP | 10 |
| 2010s | 1.56 international-$ in 2011 prices per US$ of GDP | 1.23 international-$ in 2011 prices per US$ of GDP | 2.06 international-$ in 2011 prices per US$ of GDP | 10 |
| 2020s | 1.45 international-$ in 2011 prices per US$ of GDP | 1.19 international-$ in 2011 prices per US$ of GDP | 1.8 international-$ in 2011 prices per US$ of GDP | 3 |
Countries ranked near Kuwait
- 116 Angola 1.23 international-$ in 2011 prices per US$ of GDP compare
- 117 Greece 1.21 international-$ in 2011 prices per US$ of GDP compare
- 118 Lithuania 1.2 international-$ in 2011 prices per US$ of GDP compare
- 120 Guinea 1.19 international-$ in 2011 prices per US$ of GDP compare
- 121 South Korea 1.19 international-$ in 2011 prices per US$ of GDP compare
- 122 Slovenia 1.16 international-$ in 2011 prices per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Kuwait?
- Gross domestic product (gdp), per unit of gdp in Kuwait was 1.19 international-$ in 2011 prices per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Kuwait?
- The highest recorded value was 12.73 international-$ in 2011 prices per US$ of GDP in 1970.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.5421 international-$ in 2011 prices per US$ of GDP in 1991.
- How does Kuwait rank for gross domestic product (gdp), per unit of gdp?
- Kuwait ranks 119th out of 163 countries with data for 2022.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is down 3.2%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.