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Kuwait GDP

Kuwait's GDP is $111.0B in 2020 — ranked #59 in the world, accounting for 0.13% of global GDP.

ISO: KWTWorld rank: #59Member of: Gulf Cooperation Council, Middle East & North Africa, High incomeSource: World Bank
$111.0B
GDP (2020)
$25,236
GDP per capita
0.13%
of world GDP

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Kuwait GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$111.0B2020
GDP per capita$25,2362020
GDP growth-4.8%2020
Population4.4M2020
World GDP rank#592020
Share of world GDP0.13%2020

GDP history

Year-by-year GDP data for Kuwait.

$114.6B 2015 $109.4B 2016 $120.7B 2017 $138.6B 2018 $140.9B 2019 $111.0B 2020 $148.4B 2021 $183.5B 2022 $165.4B 2023 $160.2B 2024
YearGDPPer capitaGrowthRank% World
2024$160.2B$32,718-2.6%#590.14%
2023$165.4B$34,076-1.7%#580.15%
2022$183.5B$39,982+6.8%#560.18%
2021$148.4B$34,019+1.7%#580.15%
2020$111.0B$25,236-4.8%#590.13%
2019$140.9B$31,708+2.3%#580.16%
2018$138.6B$32,068+2.7%#570.16%
2017$120.7B$29,048-4.7%#570.15%
2016$109.4B$27,324+2.9%#590.14%
2015$114.6B$29,882+0.6%#580.15%

FAQ

What is the GDP of Kuwait?

Kuwait's GDP is $111.0B in 2020, ranking #59 in the world and making up 0.13% of global GDP.

What is Kuwait's GDP per capita?

GDP per capita is $25,236.

What share of world GDP is Kuwait?

Kuwait accounts for 0.13% of world GDP in 2020.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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