Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait

Kuwait: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.6239 in 2024. ▲ Rising

Latest (2024)
0.6239
Change on year
down 2.9%
World rank
57th
of 202 countries
All-time high
0.7264
in 2022
All-time low
0.2411
in 1998
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait, 1990–2024

0.20.30.40.50.60.71990200720241990: 0.3561991: 0.3481992: 0.3361993: 0.2951994: 0.2771995: 0.2831996: 0.321997: 0.2961998: 0.2411999: 0.2812000: 0.3292001: 0.2972002: 0.312003: 0.3252004: 0.3572005: 0.4252006: 0.4822007: 0.52008: 0.6152009: 0.4732010: 0.5222011: 0.6222012: 0.6352013: 0.6462014: 0.6492015: 0.662016: 0.6532017: 0.6242018: 0.6242019: 0.6252020: 0.6092021: 0.6722022: 0.7262023: 0.6432024: 0.624

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for price level ratio of ppp conversion factor (gdp) to market exchange in Kuwait is 0.6239, measured in 2024.

The figure is down 2.9% on the previous year and down 3.9% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Kuwait peaked at 0.7264 in 2022 and was at its lowest, 0.2411, in 1998.

That places Kuwait 57th out of 202 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Kuwait, 1990 to 2024.
Year Value Change
1990 0.3555
1991 0.3483 -2.0%
1992 0.336 -3.5%
1993 0.2953 -12.1%
1994 0.2768 -6.3%
1995 0.2828 +2.2%
1996 0.3198 +13.1%
1997 0.2957 -7.5%
1998 0.2411 -18.5%
1999 0.2811 +16.6%
2000 0.3287 +17.0%
2001 0.2967 -9.7%
2002 0.31 +4.5%
2003 0.3253 +4.9%
2004 0.3568 +9.7%
2005 0.4251 +19.2%
2006 0.4821 +13.4%
2007 0.4999 +3.7%
2008 0.6153 +23.1%
2009 0.4732 -23.1%
2010 0.5215 +10.2%
2011 0.6221 +19.3%
2012 0.6353 +2.1%
2013 0.6464 +1.7%
2014 0.6493 +0.4%
2015 0.6601 +1.7%
2016 0.6527 -1.1%
2017 0.6238 -4.4%
2018 0.6242 +0.1%
2019 0.6254 +0.2%
2020 0.6087 -2.7%
2021 0.6716 +10.3%
2022 0.7264 +8.2%
2023 0.6426 -11.5%
2024 0.6239 -2.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3032 0.2411 0.3555 10
2000s 0.4113 0.2967 0.6153 10
2010s 0.6261 0.5215 0.6601 10
2020s 0.6546 0.6087 0.7264 5

Countries ranked near Kuwait

  1. 54 Japan 0.6283 compare
  2. 55 Samoa 0.6251 compare
  3. 56 Venezuela 0.625 compare
  4. 58 Spain 0.62 compare
  5. 59 Tonga 0.6194 compare
  6. 60 Costa Rica 0.6183 compare

See the full ranking of 202 places →

More population data for Kuwait

All data for Kuwait →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Kuwait?
Price level ratio of ppp conversion factor (gdp) to market exchange in Kuwait was 0.6239 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Kuwait?
The highest recorded value was 0.7264 in 2022.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Kuwait?
The lowest recorded value was 0.2411 in 1998.
How does Kuwait rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Kuwait ranks 57th out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Kuwait?
Over the last ten years it is down 3.9%. 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 Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 28 August 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/kuwait/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/kuwait/">Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait</a> — Statizoid

About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release