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
Price level ratio of PPP conversion factor (GDP) to market exchange in Kuwait, 1990–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
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 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.
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About this data
February 2026 Data Release