Gross value added at basic prices (GVA) (constant LCU), annual growth in Kuwait

Kuwait: Gross value added at basic prices (GVA) (constant LCU), annual growth was 2.63 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.63 % change on previous year
Change on year
up 409.2%
World rank
120th
of 195 countries
All-time high
10.36 % change on previous year
in 2011
All-time low
-4.28 % change on previous year
in 2020
Years of data
15
2011–2025

Gross value added at basic prices (GVA) (constant LCU), annual growth in Kuwait, 2011–2025

-505102011201820252011: 10.4 % change on previous year2012: 7.5 % change on previous year2013: 0.631 % change on previous year2014: 0.918 % change on previous year2015: -0.902 % change on previous year2016: 3 % change on previous year2017: -4 % change on previous year2018: 2.6 % change on previous year2019: 2.3 % change on previous year2020: -4.3 % change on previous year2021: 2.2 % change on previous year2022: 6.2 % change on previous year2023: -1.3 % change on previous year2024: -0.851 % change on previous year2025: 2.6 % change on previous year

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 LCU), annual growth in Kuwait, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), annual growth rate in Kuwait, 2011 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 117 Czechia 2.66 % change on previous year compare
  2. 118 Colombia 2.66 % change on previous year compare
  3. 119 Lesotho 2.65 % change on previous year compare
  4. 121 Congo 2.62 % change on previous year compare
  5. 122 Tunisia 2.6 % change on previous year compare
  6. 123 Oman 2.57 % change on previous year compare

See the full ranking of 196 places →

More economy & growth data for Kuwait

All data for Kuwait →

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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Gross value added at basic prices (GVA) (constant LCU), annual growth in Kuwait. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/kuwait/

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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

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

Indicator
Gross value added at basic prices (GVA) (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 8,134 data points, 1961–2025
Last refreshed

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.