GDP deflator (base year varies by country), annual growth rate in Kuwait

Kuwait: GDP deflator (base year varies by country), annual growth rate was -0.7325 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.7325 % change on previous year
Change on year
up 90.9%
World rank
202nd
of 211 countries
All-time high
173.2 % change on previous year
in 1974
All-time low
-25.96 % change on previous year
in 2015
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Kuwait, 1971–2024

-50050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Kuwait stood at -0.7325 % change on previous year.

The figure is up 90.9% on the previous year and up 89.2% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Kuwait peaked at 173.2 % change on previous year in 1974 and was at its lowest, -25.96 % change on previous year, in 2015.

That places Kuwait 202nd out of 211 countries with data for 2024, putting it in the bottom quarter.

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

GDP deflator (base year varies by country), annual growth rate in Kuwait, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Kuwait, 1971 to 2024.
Year % change on previous year Change
1971 25.78 % change on previous year
1972 1.97 % change on previous year -92.4%
1973 17.27 % change on previous year +776.4%
1974 173.2 % change on previous year +902.6%
1975 4.25 % change on previous year -97.5%
1976 3.29 % change on previous year -22.5%
1977 9.73 % change on previous year +195.7%
1978 -1.95 % change on previous year -120.1%
1979 40.82 % change on previous year -2189.8%
1980 40.44 % change on previous year -1.0%
1981 11.31 % change on previous year -72.0%
1982 0.7668 % change on previous year -93.2%
1983 -9.28 % change on previous year -1309.8%
1984 0.3477 % change on previous year -103.7%
1985 4.87 % change on previous year +1299.8%
1986 -25.7 % change on previous year -628.1%
1987 10.78 % change on previous year -142.0%
1988 2.97 % change on previous year -72.5%
1989 -1.72 % change on previous year -158.0%
1990 0.7175 % change on previous year -141.7%
1991 -0.0331 % change on previous year -104.6%
1992 1.83 % change on previous year -5641.1%
1993 -7.39 % change on previous year -502.8%
1994 -5.87 % change on previous year -20.5%
1995 4.85 % change on previous year -182.6%
1996 15.51 % change on previous year +219.8%
1997 -4.72 % change on previous year -130.4%
1998 -17.16 % change on previous year +263.8%
1999 18.09 % change on previous year -205.4%
2000 20.52 % change on previous year +13.4%
2001 -7.72 % change on previous year -137.6%
2002 5.15 % change on previous year -166.7%
2003 4.92 % change on previous year -4.4%
2004 11.37 % change on previous year +131.1%
2005 21.77 % change on previous year +91.5%
2006 16.18 % change on previous year -25.7%
2007 4.31 % change on previous year -73.4%
2008 18.66 % change on previous year +333.3%
2009 -17.17 % change on previous year -192.0%
2010 11.1 % change on previous year -164.7%
2011 17.23 % change on previous year +55.2%
2012 7.49 % change on previous year -56.5%
2013 0.223 % change on previous year -97.0%
2014 -6.76 % change on previous year -3130.6%
2015 -25.96 % change on previous year +284.1%
2016 -6.84 % change on previous year -73.7%
2017 16.23 % change on previous year -337.4%
2018 11.3 % change on previous year -30.4%
2019 -0.1104 % change on previous year -101.0%
2020 -16.46 % change on previous year +14808.3%
2021 29.43 % change on previous year -278.8%
2022 17.63 % change on previous year -40.1%
2023 -8.07 % change on previous year -145.7%
2024 -0.7325 % change on previous year -90.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.48 % change on previous year -1.95 % change on previous year 173.2 % change on previous year 9
1980s 3.48 % change on previous year -25.7 % change on previous year 40.44 % change on previous year 10
1990s 0.584 % change on previous year -17.16 % change on previous year 18.09 % change on previous year 10
2000s 7.8 % change on previous year -17.17 % change on previous year 21.77 % change on previous year 10
2010s 2.39 % change on previous year -25.96 % change on previous year 17.23 % change on previous year 10
2020s 4.36 % change on previous year -16.46 % change on previous year 29.43 % change on previous year 5

Countries ranked near Kuwait

  1. 199 Qatar -0.4191 % change on previous year compare
  2. 200 Oman -0.6736 % change on previous year compare
  3. 201 China -0.7069 % change on previous year compare
  4. 203 Seychelles -0.7449 % change on previous year compare
  5. 204 Vanuatu -0.7869 % change on previous year compare
  6. 205 Azerbaijan -1.41 % change on previous year compare

See the full ranking of 211 places →

More population data for Kuwait

All data for Kuwait →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Kuwait?
Gdp deflator (base year varies by country), annual growth rate in Kuwait was -0.7325 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Kuwait?
The highest recorded value was 173.2 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Kuwait?
The lowest recorded value was -25.96 % change on previous year in 2015.
How does Kuwait rank for gdp deflator (base year varies by country), annual growth rate?
Kuwait ranks 202nd out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Kuwait?
Over the last ten years it is up 89.2%. The long-run trend across the full record is volatile.
Where does this Kuwait data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Kuwait. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/kuwait/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/kuwait/">GDP deflator (base year varies by country), annual growth rate in Kuwait</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.