Gross value added at basic prices (GVA) in Kuwait
Kuwait: Gross value added at basic prices (GVA) was 169.00 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Kuwait, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Kuwait stood at 169.00 billion current US$.
The figure is down 2.4% on the previous year and up 36.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in Kuwait peaked at 193.99 billion current US$ in 2022 and was at its lowest, 26.93 billion current US$, in 1998.
Kuwait ranks 57th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.74 billion current US$ | 26.93 billion current US$ | 31.89 billion current US$ | 5 |
| 2000s | 76.31 billion current US$ | 34.62 billion current US$ | 146.57 billion current US$ | 10 |
| 2010s | 150.97 billion current US$ | 116.35 billion current US$ | 188.48 billion current US$ | 10 |
| 2020s | 165.04 billion current US$ | 119.85 billion current US$ | 193.99 billion current US$ | 6 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Kuwait?
- Gross value added at basic prices (gva) in Kuwait was 169.00 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Kuwait?
- The highest recorded value was 193.99 billion current US$ in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Kuwait?
- The lowest recorded value was 26.93 billion current US$ in 1998.
- How does Kuwait rank for gross value added at basic prices (gva)?
- Kuwait ranks 57th out of 204 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Kuwait?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.