Total factor productivity in Kuwait
Kuwait: Total factor productivity was 0.9009 in 2023. ◆ Volatile
Total factor productivity in Kuwait, 1974–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
In 2023, total factor productivity in Kuwait stood at 0.9009. That is the lowest value across all 50 years on record.
Compared with earlier readings it is down 8.4% on the previous year and down 42.8% over ten years.
Over the whole period, total factor productivity in Kuwait peaked at 10.05 in 1974 and was at its lowest, 0.9009, in 2023.
Kuwait ranks 117th of 120 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.43 | 4.65 | 10.05 | 6 |
| 1980s | 2.06 | 1.59 | 3.45 | 10 |
| 1990s | 1.89 | 0.9237 | 2.2 | 10 |
| 2000s | 2.19 | 1.76 | 2.46 | 10 |
| 2010s | 1.36 | 1.01 | 1.63 | 10 |
| 2020s | 0.9672 | 0.9009 | 1 | 4 |
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 total factor productivity in Kuwait?
- Total factor productivity in Kuwait was 0.9009 in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest total factor productivity recorded in Kuwait?
- The highest recorded value was 10.05 in 1974.
- What is the lowest total factor productivity recorded in Kuwait?
- The lowest recorded value was 0.9009 in 2023.
- How does Kuwait rank for total factor productivity?
- Kuwait ranks 117th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Kuwait?
- Over the last ten years it is down 42.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
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About this data
This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.