GDP (constant LCU) (UNESCO Institute) in Kuwait
Kuwait: GDP (constant LCU) (UNESCO Institute) was 40.33 billion constant LCU in 2024. ▲ Rising
Latest (2024)
40.33 billion constant LCU
Change on year
down 2.6%
World rank
151st
of 212 countries
All-time high
42.10 billion constant LCU
in 2022
All-time low
6.91 billion constant LCU
in 1991
Years of data
55
1970–2024
GDP in Kuwait, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
The most recent figure for gdp in Kuwait is 40.33 billion constant LCU, measured in 2024.
The figure is down 2.6% on the previous year and up 2.6% over ten years.
Over the whole period, gdp in Kuwait peaked at 42.10 billion constant LCU in 2022 and was at its lowest, 6.91 billion constant LCU, in 1991.
Kuwait ranks 151st of 212 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.
GDP (constant LCU) (UNESCO Institute) in Kuwait, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 19.15 billion constant LCU | — |
| 1971 | 20.50 billion constant LCU | +7.0% |
| 1972 | 21.30 billion constant LCU | +3.9% |
| 1973 | 19.90 billion constant LCU | -6.6% |
| 1974 | 17.31 billion constant LCU | -13.0% |
| 1975 | 15.19 billion constant LCU | -12.3% |
| 1976 | 16.19 billion constant LCU | +6.6% |
| 1977 | 15.57 billion constant LCU | -3.8% |
| 1978 | 16.72 billion constant LCU | +7.4% |
| 1979 | 19.04 billion constant LCU | +13.9% |
| 1980 | 15.34 billion constant LCU | -19.4% |
| 1981 | 12.44 billion constant LCU | -18.9% |
| 1982 | 10.98 billion constant LCU | -11.7% |
| 1983 | 11.85 billion constant LCU | +7.9% |
| 1984 | 12.47 billion constant LCU | +5.2% |
| 1985 | 11.94 billion constant LCU | -4.3% |
| 1986 | 12.96 billion constant LCU | +8.6% |
| 1987 | 14.02 billion constant LCU | +8.1% |
| 1988 | 12.61 billion constant LCU | -10.1% |
| 1989 | 15.87 billion constant LCU | +25.9% |
| 1990 | 11.71 billion constant LCU | -26.2% |
| 1991 | 6.91 billion constant LCU | -41.0% |
| 1992 | 12.63 billion constant LCU | +82.8% |
| 1993 | 16.92 billion constant LCU | +34.0% |
| 1994 | 18.35 billion constant LCU | +8.4% |
| 1995 | 19.24 billion constant LCU | +4.9% |
| 1996 | 19.36 billion constant LCU | +0.6% |
| 1997 | 19.83 billion constant LCU | +2.5% |
| 1998 | 20.56 billion constant LCU | +3.7% |
| 1999 | 20.19 billion constant LCU | -1.8% |
| 2000 | 21.14 billion constant LCU | +4.7% |
| 2001 | 21.19 billion constant LCU | +0.2% |
| 2002 | 21.82 billion constant LCU | +3.0% |
| 2003 | 25.61 billion constant LCU | +17.3% |
| 2004 | 28.23 billion constant LCU | +10.2% |
| 2005 | 31.22 billion constant LCU | +10.6% |
| 2006 | 33.57 billion constant LCU | +7.5% |
| 2007 | 35.58 billion constant LCU | +6.0% |
| 2008 | 36.46 billion constant LCU | +2.5% |
| 2009 | 33.88 billion constant LCU | -7.1% |
| 2010 | 33.08 billion constant LCU | -2.4% |
| 2011 | 36.26 billion constant LCU | +9.6% |
| 2012 | 38.67 billion constant LCU | +6.6% |
| 2013 | 39.11 billion constant LCU | +1.1% |
| 2014 | 39.31 billion constant LCU | +0.5% |
| 2015 | 39.54 billion constant LCU | +0.6% |
| 2016 | 40.70 billion constant LCU | +2.9% |
| 2017 | 38.78 billion constant LCU | -4.7% |
| 2018 | 39.84 billion constant LCU | +2.7% |
| 2019 | 40.75 billion constant LCU | +2.3% |
| 2020 | 38.78 billion constant LCU | -4.8% |
| 2021 | 39.43 billion constant LCU | +1.7% |
| 2022 | 42.10 billion constant LCU | +6.8% |
| 2023 | 41.39 billion constant LCU | -1.7% |
| 2024 | 40.33 billion constant LCU | -2.6% |
Kuwait compared with similar countries
- Kuwait's 40.33 billion constant LCU is below the median for high income countries, which is 153.41 billion constant LCU, 26% of the median. (83 countries reporting)
- Kuwait's 40.33 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 713.50 billion constant LCU, 6% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (UNESCO Institute) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +82.8% | 6.91 billion constant LCU | 12.63 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.09 billion constant LCU | 15.19 billion constant LCU | 21.30 billion constant LCU | 10 |
| 1980s | 13.05 billion constant LCU | 10.98 billion constant LCU | 15.87 billion constant LCU | 10 |
| 1990s | 16.57 billion constant LCU | 6.91 billion constant LCU | 20.56 billion constant LCU | 10 |
| 2000s | 28.87 billion constant LCU | 21.14 billion constant LCU | 36.46 billion constant LCU | 10 |
| 2010s | 38.60 billion constant LCU | 33.08 billion constant LCU | 40.75 billion constant LCU | 10 |
| 2020s | 40.41 billion constant LCU | 38.78 billion constant LCU | 42.10 billion constant LCU | 5 |
Countries ranked near Kuwait
More population data for Kuwait
- Population regions with projections, annual growth rate 0.801 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2043)
- Population long run with projections, annual growth rate 0.801 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.0278 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 5,155 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.7699 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.9514 % change on previous year (2100)
- Population growth rate 0.797 (2100)
- Population density 538.83 (2100)
- Projected population under age 5 563,011 (2100)
Frequently asked questions
- What is gdp in Kuwait?
- Gdp in Kuwait was 40.33 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Kuwait?
- The highest recorded value was 42.10 billion constant LCU in 2022.
- What is the lowest gdp recorded in Kuwait?
- The lowest recorded value was 6.91 billion constant LCU in 1991.
- How does Kuwait rank for gdp?
- Kuwait ranks 151st out of 212 countries with data for 2024.
- Is gdp 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release