Kuwait GDP

GDP nominal (2023)
$163,705,000,000
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

-3.64%

  • 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 2021; 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 -0.90 % 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 4.60 % 3,834,454
2014 $162,650,000,000 $113,910,000,000 0.50% $31,074 4.50 % 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 2.90 % 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:

See also