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 203rd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor, GDP in Kuwait, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.1024 LCU per international $ | — |
| 1991 | 0.099 LCU per international $ | -3.3% |
| 1992 | 0.0986 LCU per international $ | -0.4% |
| 1993 | 0.0892 LCU per international $ | -9.5% |
| 1994 | 0.0822 LCU per international $ | -7.8% |
| 1995 | 0.0844 LCU per international $ | +2.7% |
| 1996 | 0.0958 LCU per international $ | +13.4% |
| 1997 | 0.0897 LCU per international $ | -6.3% |
| 1998 | 0.0735 LCU per international $ | -18.1% |
| 1999 | 0.0856 LCU per international $ | +16.4% |
| 2000 | 0.1008 LCU per international $ | +17.9% |
| 2001 | 0.091 LCU per international $ | -9.8% |
| 2002 | 0.0942 LCU per international $ | +3.5% |
| 2003 | 0.0969 LCU per international $ | +2.9% |
| 2004 | 0.1051 LCU per international $ | +8.5% |
| 2005 | 0.1241 LCU per international $ | +18.1% |
| 2006 | 0.1399 LCU per international $ | +12.7% |
| 2007 | 0.1421 LCU per international $ | +1.6% |
| 2008 | 0.1654 LCU per international $ | +16.4% |
| 2009 | 0.1362 LCU per international $ | -17.7% |
| 2010 | 0.1495 LCU per international $ | +9.8% |
| 2011 | 0.1717 LCU per international $ | +14.9% |
| 2012 | 0.1779 LCU per international $ | +3.6% |
| 2013 | 0.1833 LCU per international $ | +3.1% |
| 2014 | 0.1848 LCU per international $ | +0.8% |
| 2015 | 0.1986 LCU per international $ | +7.5% |
| 2016 | 0.1972 LCU per international $ | -0.7% |
| 2017 | 0.1892 LCU per international $ | -4.0% |
| 2018 | 0.1885 LCU per international $ | -0.4% |
| 2019 | 0.1899 LCU per international $ | +0.7% |
| 2020 | 0.1864 LCU per international $ | -1.8% |
| 2021 | 0.2026 LCU per international $ | +8.7% |
| 2022 | 0.2225 LCU per international $ | +9.8% |
| 2023 | 0.1973 LCU per international $ | -11.3% |
| 2024 | 0.1897 LCU per international $ | -3.8% |
| 2025 | 0.1754 LCU per international $ | -7.6% |
Kuwait compared with similar countries
- Kuwait's 0.1754 LCU per international $ is below the median for high income countries, which is 1 LCU per international $, 18% of the median. (75 countries reporting)
- Kuwait's 0.1754 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.49 LCU per international $, 5% of the median. (23 countries reporting)
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
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (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 203rd out of 205 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.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.