The Gross Domestic Product (GDP) in Kuwait was worth 141.68 billion US dollars in 2018. The GDP value of Kuwait represents 0.23 percent of the world economy. GDP in Kuwait averaged 46.12 USD Billion from 1962 until 2018, reaching an all time high of 174.16 USD Billion in 2013 and a record low of 1.83 USD Billion in 1962.

GDP in Kuwait is expected to be 140.50 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Kuwait GDP is projected to trend around 149.50 USD Billion in 2020, according to our econometric models.

Kuwait GDP
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Forecast Data Chart
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Kuwait GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.60 2.00 33.99 -20.62 percent [+]
GDP 141.68 119.55 174.16 1.83 USD Billion [+]
GDP Constant Prices 10047.90 10244.80 19955.90 572.00 KWD Million [+]
Gross Fixed Capital Formation 10541.90 9044.80 10541.90 96.00 KWD Million [+]
GDP per capita 33537.90 33790.30 49576.70 33537.90 USD [+]
GDP per capita PPP 65515.40 66008.60 96846.90 65515.40 USD [+]
GDP Growth Rate -1.90 3.70 13.50 -5.10 percent [+]


Kuwait GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Kuwait GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait GDP - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
141.68 119.55 174.16 1.83 1962 - 2018 USD Billion Yearly
Current USD




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