PPP conversion factor, GDP in Kuwait
Kuwait: PPP conversion factor, GDP was 0.1754 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Kuwait, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor, gdp in Kuwait stood at 0.1754 LCU per international $.
The figure is down 7.6% on the previous year and down 11.7% over ten years.
Over the whole period, ppp conversion factor, gdp in Kuwait peaked at 0.2225 LCU per international $ in 2022 and was at its lowest, 0.0735 LCU per international $, in 1998.
Kuwait ranks 202nd of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.09 LCU per international $ | 0.0735 LCU per international $ | 0.1024 LCU per international $ | 10 |
| 2000s | 0.1196 LCU per international $ | 0.091 LCU per international $ | 0.1654 LCU per international $ | 10 |
| 2010s | 0.183 LCU per international $ | 0.1495 LCU per international $ | 0.1986 LCU per international $ | 10 |
| 2020s | 0.1956 LCU per international $ | 0.1754 LCU per international $ | 0.2225 LCU per international $ | 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 ppp conversion factor, gdp in Kuwait?
- Ppp conversion factor, gdp in Kuwait was 0.1754 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Kuwait?
- The highest recorded value was 0.2225 LCU per international $ in 2022.
- What is the lowest ppp conversion factor, gdp recorded in Kuwait?
- The lowest recorded value was 0.0735 LCU per international $ in 1998.
- How does Kuwait rank for ppp conversion factor, gdp?
- Kuwait ranks 202nd out of 204 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Kuwait?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.