Value Added (Total Manufacturing) — Value US$, 2015 prices in Kuwait
Kuwait: Value Added (Total Manufacturing) — Value US$, 2015 prices was 11,436 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Kuwait, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Kuwait stood at 11,436 million USD.
The figure is down 17.3% on the previous year and up 17.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Kuwait peaked at 15,217 million USD in 2021 and was at its lowest, 1,004 million USD, in 1991.
That places Kuwait 75th out of 236 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Kuwait, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,558 million USD | — |
| 1971 | 2,848 million USD | +11.4% |
| 1972 | 3,042 million USD | +6.8% |
| 1973 | 3,430 million USD | +12.7% |
| 1974 | 3,895 million USD | +13.6% |
| 1975 | 4,941 million USD | +26.9% |
| 1976 | 4,922 million USD | -0.4% |
| 1977 | 5,057 million USD | +2.8% |
| 1978 | 5,813 million USD | +14.9% |
| 1979 | 5,774 million USD | -0.7% |
| 1980 | 5,619 million USD | -2.7% |
| 1981 | 5,464 million USD | -2.8% |
| 1982 | 6,026 million USD | +10.3% |
| 1983 | 5,774 million USD | -4.2% |
| 1984 | 5,987 million USD | +3.7% |
| 1985 | 6,007 million USD | +0.3% |
| 1986 | 6,065 million USD | +1.0% |
| 1987 | 6,724 million USD | +10.9% |
| 1988 | 7,169 million USD | +6.6% |
| 1989 | 6,510 million USD | -9.2% |
| 1990 | 3,981 million USD | -38.9% |
| 1991 | 1,004 million USD | -74.8% |
| 1992 | 3,328 million USD | +231.5% |
| 1993 | 4,347 million USD | +30.6% |
| 1994 | 5,722 million USD | +31.6% |
| 1995 | 6,125 million USD | +7.0% |
| 1996 | 6,567 million USD | +7.2% |
| 1997 | 7,626 million USD | +16.1% |
| 1998 | 6,997 million USD | -8.2% |
| 1999 | 6,495 million USD | -7.2% |
| 2000 | 4,248 million USD | -34.6% |
| 2001 | 3,993 million USD | -6.0% |
| 2002 | 5,087 million USD | +27.4% |
| 2003 | 5,973 million USD | +17.4% |
| 2004 | 6,642 million USD | +11.2% |
| 2005 | 6,982 million USD | +5.1% |
| 2006 | 7,060 million USD | +1.1% |
| 2007 | 6,608 million USD | -6.4% |
| 2008 | 7,709 million USD | +16.7% |
| 2009 | 6,909 million USD | -10.4% |
| 2010 | 7,035 million USD | +1.8% |
| 2011 | 8,273 million USD | +17.6% |
| 2012 | 9,888 million USD | +19.5% |
| 2013 | 9,760 million USD | -1.3% |
| 2014 | 8,476 million USD | -13.2% |
| 2015 | 7,995 million USD | -5.7% |
| 2016 | 9,586 million USD | +19.9% |
| 2017 | 10,252 million USD | +6.9% |
| 2018 | 10,482 million USD | +2.2% |
| 2019 | 9,464 million USD | -9.7% |
| 2020 | 12,415 million USD | +31.2% |
| 2021 | 15,217 million USD | +22.6% |
| 2022 | 13,823 million USD | -9.2% |
| 2023 | 11,436 million USD | -17.3% |
Kuwait compared with similar countries
- Kuwait's 11,436 million USD is above the median for high income countries, which is 9,626 million USD, 1.2× the median. (73 countries reporting)
- Kuwait's 11,436 million USD is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 8,300 million USD, 1.4× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +231.5% | 1,004 million USD | 3,328 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,228 million USD | 2,558 million USD | 5,813 million USD | 10 |
| 1980s | 6,134 million USD | 5,464 million USD | 7,169 million USD | 10 |
| 1990s | 5,219 million USD | 1,004 million USD | 7,626 million USD | 10 |
| 2000s | 6,121 million USD | 3,993 million USD | 7,709 million USD | 10 |
| 2010s | 9,121 million USD | 7,035 million USD | 10,482 million USD | 10 |
| 2020s | 13,223 million USD | 11,436 million USD | 15,217 million USD | 4 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Kuwait?
- Value added (total manufacturing) — value us$, 2015 prices in Kuwait was 11,436 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Kuwait?
- The highest recorded value was 15,217 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Kuwait?
- The lowest recorded value was 1,004 million USD in 1991.
- How does Kuwait rank for value added (total manufacturing) — value us$, 2015 prices?
- Kuwait ranks 75th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Kuwait?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).