Gross value added at basic prices (GVA) … constant annual growth rate in Kuwait
Kuwait: Gross value added at basic prices (GVA) … constant annual growth rate was 2.63 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Kuwait, 2011–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), annual growth in Kuwait is 2.63 % change on previous year, measured in 2025.
Compared with earlier readings it is up 409.2% on the previous year and up 391.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Kuwait peaked at 10.36 % change on previous year in 2011 and was at its lowest, -4.28 % change on previous year, in 2020.
Kuwait ranks 120th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … constant annual growth rate in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | 10.36 % change on previous year | — |
| 2012 | 7.54 % change on previous year | -27.2% |
| 2013 | 0.6308 % change on previous year | -91.6% |
| 2014 | 0.9178 % change on previous year | +45.5% |
| 2015 | -0.9021 % change on previous year | -198.3% |
| 2016 | 2.95 % change on previous year | -427.2% |
| 2017 | -3.98 % change on previous year | -234.9% |
| 2018 | 2.65 % change on previous year | -166.4% |
| 2019 | 2.28 % change on previous year | -13.7% |
| 2020 | -4.28 % change on previous year | -287.3% |
| 2021 | 2.22 % change on previous year | -151.8% |
| 2022 | 6.16 % change on previous year | +177.7% |
| 2023 | -1.26 % change on previous year | -120.4% |
| 2024 | -0.851 % change on previous year | -32.3% |
| 2025 | 2.63 % change on previous year | -409.2% |
Kuwait compared with similar countries
- Kuwait's 2.63 % change on previous year is above the median for high income countries, which is 1.99 % change on previous year, 1.3× the median. (69 countries reporting)
- Kuwait's 2.63 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.98 % change on previous year, 88% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.49 % change on previous year | -3.98 % change on previous year | 10.36 % change on previous year | 9 |
| 2020s | 0.77 % change on previous year | -4.28 % change on previous year | 6.16 % change on previous year | 6 |
Countries ranked near Kuwait
- 117 Czechia 2.66 % change on previous year compare
- 118 Colombia 2.66 % change on previous year compare
- 119 Lesotho 2.65 % change on previous year compare
- 121 Congo 2.62 % change on previous year compare
- 122 Tunisia 2.6 % change on previous year compare
- 123 Oman 2.57 % change on previous year 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 value added at basic prices (gva) (constant lcu), annual growth in Kuwait?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Kuwait was 2.63 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Kuwait?
- The highest recorded value was 10.36 % change on previous year in 2011.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Kuwait?
- The lowest recorded value was -4.28 % change on previous year in 2020.
- How does Kuwait rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Kuwait ranks 120th out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Kuwait?
- Over the last ten years it is up 391.7%. 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 value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.