Kuwait GDP

Nominal GDP in billions of USD

Year -

$161.77 billions(-11.51%)

In 2023, Kuwait witnessed a decrease in its Nominal GDP, falling to 161.77 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 243.03 international billion dollars.

Relatedly, in the preceding year of 2022, Kuwait has Nominal GDP stood at 182.81 billion dollars, while the GDP based on PPP was 239.83 international billion dollars.

Kuwait vs. Other Countries: Nominal GDP Comparison with Visual Pie Chart Analysis

Kuwait Annual GDP Net Change

The net change in Kuwait's GDP (Nominal) in 2023 decreased by -21.04 billion dollars(-11.51%), and GDP (PPP) increased by 3.20 international billion dollars(1.33%).


Kuwait Annual GDP Table

Source: world bank Nominal PPP

Kuwait Annual GDP
NominalPPP
YearBil $Net Chg% ChgInt Bil $Net Chg% Chg
1960--- ---
1961--- ---
19621.83-- ---
19631.90.073.83 % ---
19642.070.178.95 % ---
19652.10.031.45 % ---
19662.390.2913.81 % ---
19672.440.052.09 % ---
19682.660.229.02 % ---
19692.770.114.14 % ---
19702.870.13.61 % ---
19713.881.0135.19 % ---
19724.450.5714.69 % ---
19735.410.9621.57 % ---
197413.017.6140.48 % ---
197512.02-0.99-7.61 % ---
197613.131.119.23 % ---
197714.141.017.69 % ---
197815.51.369.62 % ---
197924.759.2559.68 % ---
198028.643.8915.72 % ---
198125.06-3.58-12.5 % ---
198221.58-3.48-13.89 % ---
198320.87-0.71-3.29 % ---
198421.70.833.98 % ---
198521.45-0.25-1.15 % ---
198617.9-3.55-16.55 % ---
198722.374.4724.97 % ---
198820.69-1.68-7.51 % ---
198924.313.6217.5 % ---
199018.43-5.88-24.19 % 51.83--
199111.01-7.42-40.26 %31.61-20.22-39.01 %
199219.868.8580.38 %59.127.4986.97 %
199323.944.0820.54 %81.0721.9737.17 %
199424.850.913.8 %89.798.7210.76 %
199527.192.349.42 %96.126.337.05 %
199631.494.315.81 %98.472.352.44 %
199730.35-1.14-3.62 %102.654.184.24 %
199825.94-4.41-14.53 %107.64.954.82 %
199930.124.1816.11 %107.17-0.43-0.4 %
200037.727.625.23 %114.757.587.07 %
200134.89-2.83-7.5 %117.582.832.47 %
200238.143.259.31 %123.015.434.62 %
200347.879.7325.51 %147.1724.1619.64 %
200459.4411.5724.17 %166.619.4313.2 %
200580.821.3635.94 %190.0623.4614.08 %
2006101.5620.7625.69 %210.6420.5810.83 %
2007114.6313.0712.87 %229.3118.678.86 %
2008147.3832.7528.57 %239.5210.214.45 %
2009105.97-41.41-28.1 %223.95-15.57-6.5 %
2010115.429.458.92 %221.3-2.65-1.18 %
2011154.0438.6233.46 %247.6126.3111.89 %
2012174.0520.0112.99 %273.9426.3310.63 %
2013174.170.120.07 %269.45-4.49-1.64 %
2014162.65-11.52-6.61 %250.51-18.94-7.03 %
2015114.59-48.06-29.55 %173.58-76.93-30.71 %
2016109.41-5.18-4.52 %167.62-5.96-3.43 %
2017120.6911.2810.31 %193.4725.8515.42 %
2018138.217.5114.51 %221.3927.9214.43 %
2019138.70.50.36 %221.790.40.18 %
2020107.51-31.19-22.49 %176.64-45.15-20.36 %
2021141.7834.2731.88 %211.134.4619.51 %
2022182.8141.0328.94 %239.8328.7313.61 %
2023161.77-21.04-11.51 %243.033.21.33 %