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

Kuwait: Gross value added at basic prices (GVA) (current LCU), annual growth was -2.51 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-2.51 % change on previous year
Change on year
down 7.0%
World rank
197th
of 205 countries
All-time high
34.94 % change on previous year
in 2005
All-time low
-25.81 % change on previous year
in 2015
Years of data
30
1996–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Kuwait, 1996–2025

-20020401996201020251996: 16.3 % change on previous year1997: -1.3 % change on previous year1998: -12.9 % change on previous year1999: 16.1 % change on previous year2000: 20.6 % change on previous year2001: -7.6 % change on previous year2002: 8.3 % change on previous year2003: 23 % change on previous year2004: 22.8 % change on previous year2005: 34.9 % change on previous year2006: 25 % change on previous year2007: 10.5 % change on previous year2008: 21.7 % change on previous year2009: -23.1 % change on previous year2010: 18.2 % change on previous year2011: 28.1 % change on previous year2012: 15.1 % change on previous year2013: 0.757 % change on previous year2014: -5.3 % change on previous year2015: -25.8 % change on previous year2016: -5.9 % change on previous year2017: 10.4 % change on previous year2018: 14.4 % change on previous year2019: 2.6 % change on previous year2020: -19.5 % change on previous year2021: 29.1 % change on previous year2022: 25.4 % change on previous year2023: -8.4 % change on previous year2024: -2.3 % change on previous year2025: -2.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Kuwait stood at -2.51 % change on previous year.

The figure is down 7.0% on the previous year and up 90.3% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Kuwait peaked at 34.94 % change on previous year in 2005 and was at its lowest, -25.81 % change on previous year, in 2015.

Kuwait ranks 197th of 205 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), annual growth in Kuwait, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Kuwait, 1996 to 2025.
Year % change on previous year Change
1996 16.3 % change on previous year
1997 -1.3 % change on previous year -107.9%
1998 -12.92 % change on previous year +897.4%
1999 16.13 % change on previous year -224.8%
2000 20.58 % change on previous year +27.6%
2001 -7.63 % change on previous year -137.1%
2002 8.26 % change on previous year -208.2%
2003 22.96 % change on previous year +178.0%
2004 22.81 % change on previous year -0.7%
2005 34.94 % change on previous year +53.2%
2006 25.04 % change on previous year -28.4%
2007 10.53 % change on previous year -58.0%
2008 21.75 % change on previous year +106.6%
2009 -23.1 % change on previous year -206.2%
2010 18.15 % change on previous year -178.6%
2011 28.08 % change on previous year +54.7%
2012 15.08 % change on previous year -46.3%
2013 0.7574 % change on previous year -95.0%
2014 -5.25 % change on previous year -793.3%
2015 -25.81 % change on previous year +391.6%
2016 -5.93 % change on previous year -77.0%
2017 10.44 % change on previous year -276.2%
2018 14.4 % change on previous year +37.9%
2019 2.61 % change on previous year -81.9%
2020 -19.47 % change on previous year -847.2%
2021 29.12 % change on previous year -249.6%
2022 25.36 % change on previous year -12.9%
2023 -8.43 % change on previous year -133.2%
2024 -2.35 % change on previous year -72.2%
2025 -2.51 % change on previous year +7.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.55 % change on previous year -12.92 % change on previous year 16.3 % change on previous year 4
2000s 13.61 % change on previous year -23.1 % change on previous year 34.94 % change on previous year 10
2010s 5.25 % change on previous year -25.81 % change on previous year 28.08 % change on previous year 10
2020s 3.62 % change on previous year -19.47 % change on previous year 29.12 % change on previous year 6

Countries ranked near Kuwait

  1. 194 Qatar -0.38 % change on previous year compare
  2. 195 Congo -0.4245 % change on previous year compare
  3. 196 Gabon -1.59 % change on previous year compare
  4. 198 Brunei -4.46 % change on previous year compare
  5. 199 Afghanistan -7.17 % change on previous year compare
  6. 200 Equatorial Guinea -7.59 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Kuwait?
Gross value added at basic prices (gva) (current lcu), annual growth in Kuwait was -2.51 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Kuwait?
The highest recorded value was 34.94 % change on previous year in 2005.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Kuwait?
The lowest recorded value was -25.81 % change on previous year in 2015.
How does Kuwait rank for gross value added at basic prices (gva) (current lcu), annual growth?
Kuwait ranks 197th out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Kuwait?
Over the last ten years it is up 90.3%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current 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-current-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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.