Kuwait Economy Statistics
State of Kuwait · Asia · Western Asia · Capital: Kuwait City
Key Indicators
GDP (Current USD)
$160.23B
GDP Per Capita (USD)
$32,717.719
GDP Growth Rate (%)
-2.6%
Inflation Rate (%)
2.9%
Unemployment Rate (%)
2.2%
Foreign Direct Investment (USD)
$614.58M
Exports (% of GDP)
57.7%
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $160.23B | -3.1% |
| 2023 | $165.38B | -9.9% |
| 2022 | $183.50B | +23.7% |
| 2021 | $148.35B | +33.6% |
| 2020 | $111.05B | -21.2% |
| 2019 | $140.86B | +1.6% |
| 2018 | $138.65B | +14.9% |
| 2017 | $120.69B | +10.3% |
| 2016 | $109.41B | -4.5% |
| 2015 | $114.59B | -29.6% |
| 2014 | $162.65B | -6.6% |
| 2013 | $174.17B | +0.1% |
| 2012 | $174.05B | +13.0% |
| 2011 | $154.04B | +33.5% |
| 2010 | $115.42B | +8.9% |
| 2009 | $105.97B | -28.1% |
| 2008 | $147.38B | +28.6% |
| 2007 | $114.63B | +12.9% |
| 2006 | $101.56B | +25.7% |
| 2005 | $80.80B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $32,717.719 | -4.0% |
| 2023 | $34,075.849 | -14.8% |
| 2022 | $39,981.769 | +17.5% |
| 2021 | $34,018.634 | +34.8% |
| 2020 | $25,236.076 | -20.4% |
| 2019 | $31,707.874 | -1.1% |
| 2018 | $32,067.962 | +10.4% |
| 2017 | $29,047.654 | +6.3% |
| 2016 | $27,323.689 | -8.6% |
| 2015 | $29,882.213 | -32.7% |
| 2014 | $44,368.781 | -10.6% |
| 2013 | $49,651.044 | -4.8% |
| 2012 | $52,155.223 | +6.1% |
| 2011 | $49,169.606 | +25.4% |
| 2010 | $39,212.252 | +3.4% |
| 2009 | $37,907.1 | -31.8% |
| 2008 | $55,585.189 | +21.6% |
| 2007 | $45,709.413 | +6.4% |
| 2006 | $42,946.637 | +18.9% |
| 2005 | $36,122.614 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | -2.56% | -53.6% |
| 2023 | -1.67% | -124.7% |
| 2022 | 6.76% | +304.2% |
| 2021 | 1.67% | +134.7% |
| 2020 | -4.82% | -312.8% |
| 2019 | 2.26% | -17.5% |
| 2018 | 2.74% | +158.2% |
| 2017 | -4.71% | -261.0% |
| 2016 | 2.93% | +393.6% |
| 2015 | 0.59% | +18.3% |
| 2014 | 0.50% | -56.4% |
| 2013 | 1.15% | -82.7% |
| 2012 | 6.63% | -31.2% |
| 2011 | 9.63% | +506.2% |
| 2010 | -2.37% | +66.5% |
| 2009 | -7.08% | -385.3% |
| 2008 | 2.48% | -58.6% |
| 2007 | 5.99% | -20.3% |
| 2006 | 7.51% | -29.2% |
| 2005 | 10.61% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 2.90% | -20.4% |
| 2023 | 3.64% | -8.5% |
| 2022 | 3.98% | +16.3% |
| 2021 | 3.42% | +62.9% |
| 2020 | 2.10% | +92.5% |
| 2019 | 1.09% | +101.0% |
| 2018 | 0.54% | -75.0% |
| 2017 | 2.17% | -32.1% |
| 2016 | 3.20% | -2.2% |
| 2015 | 3.27% | +12.5% |
| 2014 | 2.91% | +8.4% |
| 2013 | 2.68% | -17.6% |
| 2012 | 3.26% | -32.7% |
| 2011 | 4.84% | +7.6% |
| 2010 | 4.50% | -2.5% |
| 2009 | 4.61% | -56.4% |
| 2008 | 10.58% | +92.9% |
| 2007 | 5.48% | +79.4% |
| 2006 | 3.06% | -26.2% |
| 2005 | 4.14% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 2.18% | +1.4% |
| 2024 | 2.15% | +3.4% |
| 2023 | 2.08% | -2.5% |
| 2022 | 2.13% | -28.2% |
| 2021 | 2.97% | -14.9% |
| 2020 | 3.49% | +57.7% |
| 2019 | 2.21% | +0.5% |
| 2018 | 2.20% | -1.3% |
| 2017 | 2.23% | +3.2% |
| 2016 | 2.16% | -1.8% |
| 2015 | 2.20% | -24.1% |
| 2014 | 2.90% | +17.6% |
| 2013 | 2.46% | +10.7% |
| 2012 | 2.23% | +8.6% |
| 2011 | 2.05% | +12.7% |
| 2010 | 1.82% | +11.0% |
| 2009 | 1.64% | -6.3% |
| 2008 | 1.75% | +16.7% |
| 2007 | 1.50% | +15.4% |
| 2006 | 1.30% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $614.58M | -70.9% |
| 2023 | $2.11B | +181.1% |
| 2022 | $752.26M | +376.2% |
| 2021 | $-272,335,307.098 | +51.2% |
| 2020 | $-558,055,522.567 | -208.2% |
| 2019 | $515.62M | +2512.0% |
| 2018 | $-21,377,568.821 | -118.9% |
| 2017 | $113.01M | -61.3% |
| 2016 | $292.03M | +2.6% |
| 2015 | $284.65M | -41.4% |
| 2014 | $485.81M | -66.1% |
| 2013 | $1.43B | -50.1% |
| 2012 | $2.87B | -11.9% |
| 2011 | $3.26B | +149.8% |
| 2010 | $1.30B | +17.2% |
| 2009 | $1.11B | +18810.3% |
| 2008 | $-5,951,752.859 | -105.3% |
| 2007 | $111.54M | -8.1% |
| 2006 | $121.31M | -48.1% |
| 2005 | $233.90M | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2023 | 57.73% | -4.5% |
| 2022 | 60.45% | +16.9% |
| 2021 | 51.73% | +18.3% |
| 2020 | 43.71% | -16.0% |
| 2019 | 52.06% | -9.2% |
| 2018 | 57.31% | +11.9% |
| 2017 | 51.20% | +7.5% |
| 2016 | 47.63% | -11.4% |
| 2015 | 53.77% | -21.5% |
| 2014 | 68.51% | -3.3% |
| 2013 | 70.86% | -5.2% |
| 2012 | 74.73% | +2.1% |
| 2011 | 73.22% | +9.8% |
| 2010 | 66.67% | +12.2% |
| 2009 | 59.43% | -11.0% |
| 2008 | 66.76% | +5.3% |
| 2007 | 63.41% | -3.3% |
| 2006 | 65.55% | +2.5% |
| 2005 | 63.98% | +12.4% |
| 2004 | 56.92% | — |
More Kuwait Data
Compare Countries
About Kuwait Economy Data
This page presents comprehensive economy statistics for Kuwait (State of Kuwait), located in Asia, Western Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 7 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how Kuwait compares to other countries.