Kuwait GDP Annual Growth Rate: -2.7% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Kuwait is estimated to be $114 Billion US dollars at the end of 2024.

The economy of Kuwait has grown at an average annual growth rate of 0.4% in the last four years and is ranked the 27th largest economy in Asia-Pacific, ahead of Oman.

World Economics Rates Kuwait's Offical GDP Data as Grade D

GDP Annual Growth Rate: Kuwait


Source: World Bank, World Economics
0 0 0 Kuwait|#FE1800|7.04368095489498, 3.90077636977662, -6.57007472476863, -12.9913196130423, -12.2744086966918, 6.6061845107545, -3.84753686100728, 7.35477437313764, 13.8992104051842, -19.4107452350066, -18.9247311849823, -11.7491028182833, 7.93847241856736, 5.241605241467, -4.26459143817853, 8.56771256493248, 8.14615154374816, -10.0526170080749, 25.8928571450524, -26.2288925207873, -41.007790668086, 82.8093290262528, 33.9904675559008, 8.43616564472201, 4.85829125202741, 0.605127158807079, 2.47332525804084, 3.66205472795443, -1.78900912450079, 4.69458187079211, 0.213332576499354, 3.01428315192251, 17.3260204175143, 10.2402980586354, 10.6090449840228, 7.51477300024021, 5.99157551059315, 2.47975694278544, -7.07605643073411, -2.37049713548224, 9.62857696066134, 6.62587503701558, 1.14946444760899, 0.50091535084438, 0.592771759399795, 2.9260739013296, -4.71222158000512, 2.74333053861318, 2.26381690553512, -4.81742860622226, 2.26080609815888, 5.85920887270251, -3.64042590261035, -2.721 1971, 1972, 1973, 1974, 1975, 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Kuwait 2021 2022 2023 2024
GDP Annual Growth Rate (%) 2.3 5.9 -3.6 -2.7
GDP per Capita Annual Growth Rate (%) 3.2 0.6 -8.9 -3.8
Real GDP (US$ Billions, 2010) 115 122 117 114
Real GDP per Capita (US$, 2010) 26,355 26,508 24,155 23,227
Current GDP (Billions, US$) 148 184 164 159
Current GDP per Capita (US$) 34,044 40,077 33,730 32,433
Real GDP PPP (Billions, 2017) 205 224 219 213
Real GDP per Capita PPP (int$ 2017) 44,825 48,135 48,846 45,430
Data Quality Rating for Kuwait See how much you can trust Kuwait's GDP Data




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KUWAIT'S ECONOMICS
KUWAIT'S DEMOGRAPHY
KUWAIT'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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