The gross domestic product (GDP) per capita in Kuwait was forecast to continuously increase between 2024 and 2029 by in total 908.2 U.S. dollars (+2.81 percent). According to this forecast, in 2029, the GDP per capita will have increased for the fourth consecutive year to 33,198.13 U.S. dollars. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Yemen, Bahrain, and United Arab Emirates.

Graph and download economic data for Gross Domestic Product Per Capita for Kuwait (PCAGDPKWA646NWDB) from 1962 to 2023 about Kuwait, per capita, and GDP.

The gross domestic product (GDP) in current prices in Kuwait was forecast to continuously increase between 2024 and 2029 by in total 21.9 billion U.S. dollars (+13.53 percent). According to this forecast, in 2029, the GDP will have increased for the fifth consecutive year to 183.69 billion U.S. dollars. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Israel, Lebanon, and United Arab Emirates.

The Gross Domestic Product per capita in Kuwait was last recorded at 46458.20 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Kuwait, when adjusted by Purchasing Power Parity is equivalent to 262 percent of the world's average. This dataset provides - Kuwait GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The growth of the real gross domestic product (GDP) in Kuwait was forecast to increase between 2024 and 2029 by in total 5.4 percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the growth will have increased for the third consecutive year to 2.63 percent. Following the definition of the International Monetary Fund, this indicator refers to the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.Find more key insights for the growth of the real gross domestic product (GDP) in countries like Lebanon, Saudi Arabia, and Syria.

Kuwait KW: GDP: Growth: Imports of Goods and Services data was reported at 1.062 % in 2016. This records a decrease from the previous number of 6.832 % for 2015. Kuwait KW: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 6.000 % from Dec 2011 (Median) to 2016, with 6 observations. The data reached an all-time high of 13.964 % in 2012 and a record low of -0.085 % in 2013. Kuwait KW: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Key information about Kuwait Nominal GDP

• Kuwait Nominal GDP reached 28.0 USD bn in Dec 2020, compared with 26.1 USD bn in the previous quarter.
• Nominal GDP in Kuwait is updated quarterly, available from Mar 2010 to Dec 2020, with an average number of 33.2 USD bn.
• The data reached an all-time high of 45.8 USD bn in Mar 2012 and a record low of 20.6 USD bn in Jun 2020.

• In the latest reports, Kuwait GDP expanded 4.7 % YoY in Dec 2020.
• Its GDP deflator (implicit price deflator) fell 10.1 % in Dec 2020.
• Kuwait GDP Per Capita reached 22,682.6 USD in Dec 2020.
• Its Gross Savings Rate was measured at 31.1 % in Dec 2019.
• For Nominal GDP contributions, Investment accounted for 25.0 % in Dec 2019.
• Public Consumption accounted for 25.2 % in Dec 2019.
• Private Consumption accounted for 41.4 % in Dec 2019.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Kuwait (PGDPUSKWA621NUPN) from 1986 to 2010 about Kuwait, PPP, per capita, and GDP.

GDP per capita (current LCU) in Kuwait was reported at 10361 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Kuwait - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Kuwait KW: GDP: per Capita data was reported at 8,807.942 KWD in 2017. This records an increase from the previous number of 8,267.959 KWD for 2016. Kuwait KW: GDP: per Capita data is updated yearly, averaging 4,495.499 KWD from Dec 1965 (Median) to 2017, with 50 observations. The data reached an all-time high of 14,937.753 KWD in 2008 and a record low of 1,374.324 KWD in 1970. Kuwait KW: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Graph and download economic data for Consumption Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Kuwait (CSPPPGKWA156NUPN) from 1986 to 2010 about Kuwait, PPP, per capita, consumption, and GDP.

Kuwait KW: GDP: USD: Adjusted Net National Income per Capita data was reported at 24,852.107 USD in 2016. This records a decrease from the previous number of 27,112.110 USD for 2015. Kuwait KW: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 16,387.428 USD from Dec 1970 (Median) to 2016, with 43 observations. The data reached an all-time high of 48,801.433 USD in 2008 and a record low of 2,971.219 USD in 1970. Kuwait KW: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted Average;

Det Bruttonationalprodukt per indbygger i Kuwait blev sidst registreret til 24155,19 amerikanske dollars i 2023. Bruttonationalproduktet per indbygger i Kuwait svarer til 191 procent af verdensgennemsnittet. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Kuwait - BNP per capita.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Kuwait (RGDPL2KWA625NUPN) from 1986 to 2010 about Kuwait, PPP, domestic, per capita, GDP, and rate.

In 2020, the average share of GDP generated from oil rents in Kuwait decreased by 11.1 percentage points (-28.71 percent) compared to 2019. As a result, the average share in Kuwait saw its lowest number in 2020 with 27.58 percent. Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.Find more key insights for the average share of GDP generated from oil rents in countries like Saudi Arabia and United Arab Emirates.

46.458 (Int. Dollar (PPK) pro Kopf) in 2023. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

Kuwait KW: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data was reported at 4.778 % in 2016. This records an increase from the previous number of 1.537 % for 2015. Kuwait KW: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 4.674 % from Dec 2011 (Median) to 2016, with 6 observations. The data reached an all-time high of 10.351 % in 2012 and a record low of 1.537 % in 2015. Kuwait KW: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Gross Domestic Product: Annual Growth Rate. Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Kuwait KW: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 7.271 % in 2016. This records an increase from the previous number of 6.978 % for 2015. Kuwait KW: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 5.964 % from Dec 2010 (Median) to 2016, with 7 observations. The data reached an all-time high of 7.271 % in 2016 and a record low of 5.542 % in 2014. Kuwait KW: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Kuwait GDP: BP: FR: RS: Real Estate and Rental data was reported at 3,116.601 KWD mn in 2017. This records an increase from the previous number of 3,015.800 KWD mn for 2016. Kuwait GDP: BP: FR: RS: Real Estate and Rental data is updated yearly, averaging 679.513 KWD mn from Dec 1983 (Median) to 2017, with 35 observations. The data reached an all-time high of 3,116.601 KWD mn in 2017 and a record low of 473.500 KWD mn in 1991. Kuwait GDP: BP: FR: RS: Real Estate and Rental data remains active status in CEIC and is reported by Central Statistical Bureau. The data is categorized under Global Database’s Kuwait – Table KW.A006: GDP: by Industry: Current Price: Annual.

Kuwait KW: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at -4.838 % in 2017. This records a decrease from the previous number of 0.563 % for 2016. Kuwait KW: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging -2.100 % from Dec 1966 (Median) to 2017, with 46 observations. The data reached an all-time high of 22.410 % in 1989 and a record low of -24.817 % in 1980. Kuwait KW: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;