Value Added (Total Manufacturing) — Value Standard Local Currency in Kuwait
Kuwait: Value Added (Total Manufacturing) — Value Standard Local Currency was 3,836 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Kuwait, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Kuwait is 3,836 million SLC, measured in 2023.
The figure is down 13.3% on the previous year and up 32.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Kuwait peaked at 4,941 million SLC in 2021 and was at its lowest, 43 million SLC, in 1970.
Kuwait ranks 171st of 231 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.
Value Added (Total Manufacturing) — Value Standard Local Currency in Kuwait, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 43 million SLC | — |
| 1971 | 54 million SLC | +25.6% |
| 1972 | 65 million SLC | +20.4% |
| 1973 | 78 million SLC | +20.0% |
| 1974 | 169 million SLC | +116.7% |
| 1975 | 195 million SLC | +15.4% |
| 1976 | 230 million SLC | +17.9% |
| 1977 | 241 million SLC | +4.8% |
| 1978 | 283 million SLC | +17.4% |
| 1979 | 567 million SLC | +100.4% |
| 1980 | 427 million SLC | -24.7% |
| 1981 | 415 million SLC | -2.8% |
| 1982 | 314 million SLC | -24.3% |
| 1983 | 364 million SLC | +15.9% |
| 1984 | 309 million SLC | -15.1% |
| 1985 | 383 million SLC | +23.9% |
| 1986 | 596 million SLC | +55.6% |
| 1987 | 802 million SLC | +34.6% |
| 1988 | 782 million SLC | -2.5% |
| 1989 | 998 million SLC | +27.6% |
| 1990 | 617 million SLC | -38.2% |
| 1991 | 155 million SLC | -74.9% |
| 1992 | 523 million SLC | +237.4% |
| 1993 | 634 million SLC | +21.2% |
| 1994 | 784 million SLC | +23.7% |
| 1995 | 889 million SLC | +13.4% |
| 1996 | 1,101 million SLC | +23.9% |
| 1997 | 1,218 million SLC | +10.6% |
| 1998 | 926 million SLC | -24.0% |
| 1999 | 1,015 million SLC | +9.6% |
| 2000 | 800 million SLC | -21.2% |
| 2001 | 679 million SLC | -15.1% |
| 2002 | 907 million SLC | +33.6% |
| 2003 | 1,127 million SLC | +24.3% |
| 2004 | 1,456 million SLC | +29.2% |
| 2005 | 1,713 million SLC | +17.7% |
| 2006 | 1,615 million SLC | -5.7% |
| 2007 | 1,803 million SLC | +11.6% |
| 2008 | 1,754 million SLC | -2.7% |
| 2009 | 1,562 million SLC | -11.0% |
| 2010 | 1,977 million SLC | +26.6% |
| 2011 | 2,386 million SLC | +20.7% |
| 2012 | 2,906 million SLC | +21.8% |
| 2013 | 2,904 million SLC | -0.1% |
| 2014 | 2,565 million SLC | -11.7% |
| 2015 | 2,405 million SLC | -6.2% |
| 2016 | 2,381 million SLC | -1.0% |
| 2017 | 2,746 million SLC | +15.4% |
| 2018 | 3,110 million SLC | +13.2% |
| 2019 | 2,728 million SLC | -12.3% |
| 2020 | 3,092 million SLC | +13.3% |
| 2021 | 4,941 million SLC | +59.8% |
| 2022 | 4,425 million SLC | -10.4% |
| 2023 | 3,836 million SLC | -13.3% |
Kuwait compared with similar countries
- Kuwait's 3,836 million SLC is below the median for high income countries, which is 31,737 million SLC, 12% of the median. (73 countries reporting)
- Kuwait's 3,836 million SLC is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 151,914 million SLC, 3% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +237.4% | 155 million SLC | 523 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 192.5 million SLC | 43 million SLC | 567 million SLC | 10 |
| 1980s | 539 million SLC | 309 million SLC | 998 million SLC | 10 |
| 1990s | 786.22 million SLC | 155 million SLC | 1,218 million SLC | 10 |
| 2000s | 1,342 million SLC | 679 million SLC | 1,803 million SLC | 10 |
| 2010s | 2,611 million SLC | 1,977 million SLC | 3,110 million SLC | 10 |
| 2020s | 4,074 million SLC | 3,092 million SLC | 4,941 million SLC | 4 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Kuwait?
- Value added (total manufacturing) — value standard local currency in Kuwait was 3,836 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Kuwait?
- The highest recorded value was 4,941 million SLC in 2021.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Kuwait?
- The lowest recorded value was 43 million SLC in 1970.
- How does Kuwait rank for value added (total manufacturing) — value standard local currency?
- Kuwait ranks 171st out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Kuwait?
- Over the last ten years it is up 32.1%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).