GDP at market prices in Kuwait

Kuwait: GDP at market prices was 116.89 billion constant 2010 US$ in 2024. β–² Rising

Latest (2024)
116.89 billion constant 2010 US$
Change on year
down 2.6%
World rank
59th
of 205 countries
All-time high
121.99 billion constant 2010 US$
in 2022
All-time low
20.02 billion constant 2010 US$
in 1991
Years of data
55
1970–2024

GDP at market prices in Kuwait, 1970–2024

25.0B50.0B75.0B100.0B125.0B197019972024

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

Kuwait recorded 116.89 billion constant 2010 US$ for gdp at market prices in 2024.

Compared with earlier readings it is down 2.6% on the previous year and up 2.6% over ten years.

Over the whole period, gdp at market prices in Kuwait peaked at 121.99 billion constant 2010 US$ in 2022 and was at its lowest, 20.02 billion constant 2010 US$, in 1991.

Kuwait ranks 59th of 205 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 52.42 billion constant 2010 US$ 44.02 billion constant 2010 US$ 61.73 billion constant 2010 US$ 10
1980s 37.81 billion constant 2010 US$ 31.81 billion constant 2010 US$ 46.00 billion constant 2010 US$ 10
1990s 48.02 billion constant 2010 US$ 20.02 billion constant 2010 US$ 59.58 billion constant 2010 US$ 10
2000s 83.66 billion constant 2010 US$ 61.26 billion constant 2010 US$ 105.67 billion constant 2010 US$ 10
2010s 111.87 billion constant 2010 US$ 95.86 billion constant 2010 US$ 118.08 billion constant 2010 US$ 10
2020s 117.10 billion constant 2010 US$ 112.39 billion constant 2010 US$ 121.99 billion constant 2010 US$ 5

Countries ranked near Kuwait

  1. 56 Uzbekistan 141.46 billion constant 2010 US$ compare
  2. 57 Morocco 134.54 billion constant 2010 US$ compare
  3. 58 Ethiopia 121.01 billion constant 2010 US$ compare
  4. 60 Ecuador 108.80 billion constant 2010 US$ compare
  5. 61 Slovakia 107.34 billion constant 2010 US$ compare
  6. 62 Dominican Republic 104.77 billion constant 2010 US$ compare

See the full ranking of 208 places β†’

More population data for Kuwait

All data for Kuwait β†’

Frequently asked questions

What is gdp at market prices in Kuwait?
Gdp at market prices in Kuwait was 116.89 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp at market prices recorded in Kuwait?
The highest recorded value was 121.99 billion constant 2010 US$ in 2022.
What is the lowest gdp at market prices recorded in Kuwait?
The lowest recorded value was 20.02 billion constant 2010 US$ in 1991.
How does Kuwait rank for gdp at market prices?
Kuwait ranks 59th out of 205 countries with data for 2024.
Is gdp at market prices rising or falling in Kuwait?
Over the last ten years it is up 2.6%. The long-run trend across the full record is rising.
Where does this Kuwait data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.

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GDP at market prices in Kuwait. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/kuwait/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release