GDP in Kuwait

Kuwait: GDP was 49.14 billion current LCU in 2024. β—† Volatile

Latest (2024)
49.14 billion current LCU
Change on year
down 3.3%
World rank
155th
of 208 countries
All-time high
56.20 billion current LCU
in 2022
All-time low
1.03 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Kuwait, 1970–2024

020.0B40.0B60.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in Kuwait is 49.14 billion current LCU, measured in 2024.

That represents a change of down 3.3% on the previous year and up 6.2% over ten years.

Over the whole period, gdp in Kuwait peaked at 56.20 billion current LCU in 2022 and was at its lowest, 1.03 billion current LCU, in 1970.

That places Kuwait 155th out of 208 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.18 billion current LCU 1.03 billion current LCU 6.84 billion current LCU 10
1980s 6.42 billion current LCU 5.20 billion current LCU 7.74 billion current LCU 10
1990s 7.27 billion current LCU 3.13 billion current LCU 9.43 billion current LCU 10
2000s 22.14 billion current LCU 10.70 billion current LCU 39.62 billion current LCU 10
2010s 40.88 billion current LCU 33.06 billion current LCU 49.39 billion current LCU 10
2020s 46.98 billion current LCU 34.01 billion current LCU 56.20 billion current LCU 5

Countries ranked near Kuwait

  1. 152 Lithuania 78.41 billion current LCU compare
  2. 153 Slovenia 66.97 billion current LCU compare
  3. 154 Bosnia and Herzegovina 51.23 billion current LCU compare
  4. 156 South Sudan 43.24 billion current LCU compare
  5. 157 Lesotho 41.63 billion current LCU compare
  6. 158 Oman 41.12 billion current LCU compare

See the full ranking of 211 places β†’

More population data for Kuwait

All data for Kuwait β†’

Frequently asked questions

What is gdp in Kuwait?
Gdp in Kuwait was 49.14 billion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Kuwait?
The highest recorded value was 56.20 billion current LCU in 2022.
What is the lowest gdp recorded in Kuwait?
The lowest recorded value was 1.03 billion current LCU in 1970.
How does Kuwait rank for gdp?
Kuwait ranks 155th out of 208 countries with data for 2024.
Is gdp rising or falling in Kuwait?
Over the last ten years it is up 6.2%. The long-run trend across the full record is volatile.
Where does this Kuwait data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Kuwait. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/kuwait/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release