Kuwait GDP
GDP nominal (2023)
$163,705,000,000
GDP growth rate
(2023) −3.64% 
(Current US Dollars). Sources include: World Bank, United Nations.
- Nominal (current) Gross Domestic Product (GDP) of Kuwait is $163,705,000,000 (USD) as of 2023.
- Real GDP (constant, inflation adjusted) of Kuwait reached $117,235,000,000 in 2023.
- GDP Growth Rate in 2023 was −3.64%, representing a change of −4,429,000,000 US$ over 2022, when Real GDP was $121,664,000,000.
- GDP per Capita in Kuwait (with a population of 4,838,782 people) was $24,228 in 2023, a decrease of $2,281 from $26,509 in 2022; this represents a change of −8.6% in GDP per capita.
Kuwait GDP (Nominal, $USD) 1993-2023
GDP Change (%)
Gross Domestic Product (GDP) of Kuwait
| Year | GDP Nominal (Current USD) | GDP Real (Inflation adj.) | GDP Change | GDP per capita | Pop. Change | Population |
|---|---|---|---|---|---|---|
| 2023 | $163,705,000,000 | $117,235,000,000 | −3.64% | $24,228 | 5.43% | 4,838,782 |
| 2022 | $183,940,000,000 | $121,664,000,000 | 5.86% | $26,509 | 5.25% | 4,589,511 |
| 2021 | $148,459,000,000 | $114,930,000,000 | 2.26% | $26,356 | −0.9% | 4,360,742 |
| 2020 | $111,045,000,000 | $112,389,000,000 | −4.82% | $25,542 | −0.95% | 4,400,144 |
| 2019 | $140,856,000,000 | $118,078,000,000 | 2.26% | $26,581 | 2.75% | 4,442,194 |
| 2018 | $138,646,000,000 | $115,464,000,000 | 2.74% | $26,707 | 4.06% | 4,323,387 |
| 2017 | $120,688,000,000 | $112,381,000,000 | −4.71% | $27,049 | 3.76% | 4,154,685 |
| 2016 | $109,407,000,000 | $117,938,000,000 | 2.93% | $29,455 | 4.42% | 4,003,971 |
| 2015 | $114,586,000,000 | $114,586,000,000 | 0.59% | $29,883 | 4.6% | 3,834,454 |
| 2014 | $162,650,000,000 | $113,910,000,000 | 0.5% | $31,074 | 4.5% | 3,665,766 |
| 2013 | $174,168,000,000 | $113,343,000,000 | 1.15% | $32,312 | 5.12% | 3,507,746 |
| 2012 | $174,048,000,000 | $112,055,000,000 | 6.63% | $33,579 | 6.52% | 3,337,025 |
| 2011 | $154,039,000,000 | $105,091,000,000 | 9.63% | $33,545 | 6.44% | 3,132,814 |
| 2010 | $115,416,000,000 | $95,861,255,086 | −2.37% | $32,569 | 5.29% | 2,943,372 |
| 2009 | $105,969,000,000 | $98,188,818,209 | −7.08% | $35,124 | 5.43% | 2,795,484 |
| 2008 | $147,380,000,000 | $105,666,000,000 | 2.48% | $39,853 | 5.72% | 2,651,421 |
| 2007 | $114,634,000,000 | $103,109,000,000 | 5.99% | $41,114 | 6.05% | 2,507,887 |
| 2006 | $101,557,000,000 | $97,280,314,521 | 7.51% | $41,138 | 5.72% | 2,364,733 |
| 2005 | $80,798,630,137 | $90,480,881,656 | 10.61% | $40,451 | 3.68% | 2,236,788 |
| 2004 | $59,439,090,601 | $81,802,425,533 | 10.24% | $37,919 | 2.25% | 2,157,320 |
| 2003 | $47,874,582,232 | $74,203,741,258 | 17.33% | $35,170 | 2.42% | 2,109,881 |
| 2002 | $38,135,788,414 | $63,245,766,791 | 3.01% | $30,702 | 2.58% | 2,059,974 |
| 2001 | $34,889,559,870 | $61,395,143,329 | 0.21% | $30,573 | 2.73% | 2,008,121 |
| 2000 | $37,718,743,480 | $61,264,446,307 | 4.69% | $31,342 | 2.88% | 1,954,709 |
| 1999 | $30,122,365,849 | $58,517,303,582 | −1.79% | $30,798 | 3.02% | 1,900,030 |
| 1998 | $25,943,705,784 | $59,583,253,422 | 3.66% | $32,307 | 3.17% | 1,844,302 |
| 1997 | $30,350,190,704 | $57,478,364,266 | 2.47% | $32,152 | 3.32% | 1,787,683 |
| 1996 | $31,492,373,309 | $56,091,050,155 | 0.61% | $32,418 | 2.9% | 1,730,246 |
| 1995 | $27,186,980,647 | $55,753,669,559 | 4.86% | $33,157 | 1.03% | 1,681,513 |
| 1994 | $24,848,483,838 | $53,170,492,188 | 8.44% | $31,946 | −0.47% | 1,664,361 |
| 1993 | $23,941,391,391 | $49,033,910,294 | 33.99% | $29,324 | 2.27% | 1,672,151 |
Sources:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division