GDP in Kuwait

Kuwait: GDP was 160.23 billion current US$ in 2024. β—† Volatile

Latest (2024)
160.23 billion current US$
Change on year
down 3.1%
World rank
58th
of 208 countries
All-time high
183.50 billion current US$
in 2022
All-time low
2.87 billion current US$
in 1970
Years of data
55
1970–2024

GDP in Kuwait, 1970–2024

050.0B100.0B150.0B200.0B197019972024

Source: UNESCO Institute for Statistics. Measured in current US$.

Analysis

Kuwait recorded 160.23 billion current US$ for gdp in 2024.

Compared with earlier readings it is down 3.1% on the previous year and down 1.5% over ten years.

Over the whole period, gdp in Kuwait peaked at 183.50 billion current US$ in 2022 and was at its lowest, 2.87 billion current US$, in 1970.

Kuwait ranks 58th of 208 countries on this measure, 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 10.92 billion current US$ 2.87 billion current US$ 24.75 billion current US$ 10
1980s 22.46 billion current US$ 17.90 billion current US$ 28.64 billion current US$ 10
1990s 24.32 billion current US$ 11.01 billion current US$ 31.49 billion current US$ 10
2000s 76.84 billion current US$ 34.89 billion current US$ 147.38 billion current US$ 10
2010s 140.45 billion current US$ 109.41 billion current US$ 174.17 billion current US$ 10
2020s 153.70 billion current US$ 111.05 billion current US$ 183.50 billion current US$ 5

Countries ranked near Kuwait

  1. 55 Qatar 217.98 billion current US$ compare
  2. 56 Ukraine 190.74 billion current US$ compare
  3. 57 Nigeria 187.76 billion current US$ compare
  4. 59 Morocco 154.43 billion current US$ compare
  5. 60 Slovakia 141.78 billion current US$ compare
  6. 61 Ethiopia 126.77 billion current US$ 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 160.23 billion current US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Kuwait?
The highest recorded value was 183.50 billion current US$ in 2022.
What is the lowest gdp recorded in Kuwait?
The lowest recorded value was 2.87 billion current US$ in 1970.
How does Kuwait rank for gdp?
Kuwait ranks 58th out of 208 countries with data for 2024.
Is gdp rising or falling in Kuwait?
Over the last ten years it is down 1.5%. 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 US$). 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-us-2/kuwait/

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About this data

Indicator
GDP (current US$)
Unit
current US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,315 data points, 1970–2024
Last refreshed

February 2026 Data Release