PPP conversion factor, GDP (LCU per international $) (UNESCO) in Kuwait
Kuwait: PPP conversion factor, GDP (LCU per international $) (UNESCO) was 0.1913 LCU per international $ in 2024. ▲ Rising
Latest (2024)
0.1913 LCU per international $
Change on year
down 3.1%
World rank
201st
of 203 countries
All-time high
0.2225 LCU per international $
in 2022
All-time low
0.0735 LCU per international $
in 1998
Years of data
35
1990–2024
PPP conversion factor, GDP in Kuwait, 1990–2024
Source: UNESCO Institute for Statistics. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in Kuwait is 0.1913 LCU per international $, measured in 2024.
The figure is down 3.1% on the previous year and up 3.6% over ten years.
Over the whole period, ppp conversion factor, gdp in Kuwait peaked at 0.2225 LCU per international $ in 2022 and was at its lowest, 0.0735 LCU per international $, in 1998.
That places Kuwait 201st out of 203 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, GDP (LCU per international $) (UNESCO) in Kuwait, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.1024 LCU per international $ | — |
| 1991 | 0.099 LCU per international $ | -3.3% |
| 1992 | 0.0986 LCU per international $ | -0.4% |
| 1993 | 0.0892 LCU per international $ | -9.5% |
| 1994 | 0.0822 LCU per international $ | -7.8% |
| 1995 | 0.0844 LCU per international $ | +2.7% |
| 1996 | 0.0958 LCU per international $ | +13.4% |
| 1997 | 0.0897 LCU per international $ | -6.3% |
| 1998 | 0.0735 LCU per international $ | -18.1% |
| 1999 | 0.0856 LCU per international $ | +16.4% |
| 2000 | 0.1008 LCU per international $ | +17.8% |
| 2001 | 0.091 LCU per international $ | -9.7% |
| 2002 | 0.0942 LCU per international $ | +3.5% |
| 2003 | 0.0969 LCU per international $ | +2.9% |
| 2004 | 0.1051 LCU per international $ | +8.5% |
| 2005 | 0.1241 LCU per international $ | +18.1% |
| 2006 | 0.1399 LCU per international $ | +12.7% |
| 2007 | 0.1421 LCU per international $ | +1.6% |
| 2008 | 0.1654 LCU per international $ | +16.4% |
| 2009 | 0.1362 LCU per international $ | -17.7% |
| 2010 | 0.1495 LCU per international $ | +9.8% |
| 2011 | 0.1717 LCU per international $ | +14.9% |
| 2012 | 0.1779 LCU per international $ | +3.6% |
| 2013 | 0.1833 LCU per international $ | +3.1% |
| 2014 | 0.1848 LCU per international $ | +0.8% |
| 2015 | 0.1986 LCU per international $ | +7.5% |
| 2016 | 0.1972 LCU per international $ | -0.7% |
| 2017 | 0.1892 LCU per international $ | -4.0% |
| 2018 | 0.1885 LCU per international $ | -0.4% |
| 2019 | 0.1899 LCU per international $ | +0.7% |
| 2020 | 0.1864 LCU per international $ | -1.8% |
| 2021 | 0.2026 LCU per international $ | +8.7% |
| 2022 | 0.2225 LCU per international $ | +9.8% |
| 2023 | 0.1974 LCU per international $ | -11.3% |
| 2024 | 0.1913 LCU per international $ | -3.1% |
Kuwait compared with similar countries
- Kuwait's 0.1913 LCU per international $ is below the median for high income countries, which is 1 LCU per international $, 19% of the median. (75 countries reporting)
- Kuwait's 0.1913 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.6 LCU per international $, 5% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.09 LCU per international $ | 0.0735 LCU per international $ | 0.1024 LCU per international $ | 10 |
| 2000s | 0.1196 LCU per international $ | 0.091 LCU per international $ | 0.1654 LCU per international $ | 10 |
| 2010s | 0.183 LCU per international $ | 0.1495 LCU per international $ | 0.1986 LCU per international $ | 10 |
| 2020s | 0.2 LCU per international $ | 0.1864 LCU per international $ | 0.2225 LCU per international $ | 5 |
Countries ranked near Kuwait
- 198 Montenegro 0.3582 LCU per international $ compare
- 199 Jordan 0.303 LCU per international $ compare
- 200 East Timor 0.2823 LCU per international $ compare
- 202 Oman 0.1869 LCU per international $ compare
- 203 Bahrain 0.1681 LCU per international $ compare
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 ppp conversion factor, gdp in Kuwait?
- Ppp conversion factor, gdp in Kuwait was 0.1913 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
- What is the highest ppp conversion factor, gdp recorded in Kuwait?
- The highest recorded value was 0.2225 LCU per international $ in 2022.
- What is the lowest ppp conversion factor, gdp recorded in Kuwait?
- The lowest recorded value was 0.0735 LCU per international $ in 1998.
- How does Kuwait rank for ppp conversion factor, gdp?
- Kuwait ranks 201st out of 203 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Kuwait?
- Over the last ten years it is up 3.6%. 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 PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release