Kuwait — GDP
GDP (Nominal) for Kuwait, 1962–2025.
GDP for Kuwait was 157.21 billion in 2025, according to the latest World Bank data. The series covers 64 years, from 1962 to 2025. The highest recorded value was 183.50 billion in 2022. The lowest was 1.83 billion in 1962 (about 86.0× the low point). Across that span the compound annual growth rate works out to 7.33% per year.
Kuwait ranks 59 of 212 economies on this measure (1 = highest), putting it in the top 28%. The median for Middle East, North Africa, Afghanistan & Pakistan is 109.60 billion, so Kuwait sits above it. It peaked in 2022 and has fallen 14% since. Over the last decade (2015–2025) the figure moved up 37%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 11 of 23 economies; Oman (109.60 billion) is just below it. Its sharpest one-year move was up 140% in 1974. That is 12% above this series' own ten-year average.
Data highlights
From its 1962 level: doubled by 1971; grown tenfold by 1979. Doubling roughly every 9.8 years at that pace.
World ranking. Slipped: 49th of 115 in 1962 → 56th of 146 in 1970 → 42nd of 163 in 1980 → 65th of 192 in 1990 → 57th of 204 in 2000 → 58th of 212 in 2010 → 59th of 210 in 2020 → 58th of 186 in 2025.
Key figures
Full history — 1962 to 2025
| Year | current US$ | Change |
|---|---|---|
| 2025 | 157,209,026,926.42 | -2.3% |
| 2024 | 160,903,106,639.23 | -2.8% |
| 2023 | 165,462,656,226.77 | -9.8% |
| 2022 | 183,502,046,693.88 | +23.7% |
| 2021 | 148,350,671,489.14 | +33.6% |
| 2020 | 111,045,470,605.72 | -21.2% |
| 2019 | 140,856,394,860.53 | +1.6% |
| 2018 | 138,646,316,350.73 | +14.9% |
| 2017 | 120,687,539,805.51 | +10.3% |
| 2016 | 109,406,674,124.65 | -4.5% |
| 2015 | 114,585,555,688.51 | -29.6% |
| 2014 | 162,650,450,684.73 | -6.6% |
| 2013 | 174,168,116,534.84 | +0.1% |
| 2012 | 174,047,662,680.04 | +13.0% |
| 2011 | 154,039,231,245.86 | +33.5% |
| 2010 | 115,416,245,241.74 | +8.9% |
| 2009 | 105,968,691,905.42 | -28.1% |
| 2008 | 147,379,737,229.75 | +28.6% |
| 2007 | 114,634,043,361.69 | +12.9% |
| 2006 | 101,557,330,723.42 | +25.7% |
| 2005 | 80,798,630,136.99 | +35.9% |
| 2004 | 59,439,090,600.61 | +24.2% |
| 2003 | 47,874,582,231.59 | +25.5% |
| 2002 | 38,135,788,413.83 | +9.3% |
| 2001 | 34,889,559,869.83 | -7.5% |
| 2000 | 37,718,743,480.08 | +25.2% |
| 1999 | 30,122,365,849.25 | +16.1% |
| 1998 | 25,943,705,784.3 | -14.5% |
| 1997 | 30,350,190,704.44 | -3.6% |
| 1996 | 31,492,373,308.75 | +15.8% |
| 1995 | 27,186,980,646.54 | +9.4% |
| 1994 | 24,848,483,838.38 | +3.8% |
| 1993 | 23,941,391,390.73 | +20.6% |
| 1992 | 19,858,555,214.72 | +80.4% |
| 1991 | 11,009,993,703.15 | -40.3% |
| 1990 | 18,427,777,777.78 | -24.2% |
| 1989 | 24,313,855,653.4 | +17.5% |
| 1988 | 20,690,322,152.89 | -7.5% |
| 1987 | 22,368,704,133.67 | +24.9% |
| 1986 | 17,903,989,745.18 | -16.5% |
| 1985 | 21,445,970,613.76 | -1.2% |
| 1984 | 21,700,082,752.94 | +4.0% |
| 1983 | 20,871,081,080.15 | -3.3% |
| 1982 | 21,577,153,356.42 | -13.9% |
| 1981 | 25,058,020,338.25 | -12.5% |
| 1980 | 28,638,868,355.92 | +15.7% |
| 1979 | 24,749,063,922.48 | +59.6% |
| 1978 | 15,503,557,496.19 | +9.7% |
| 1977 | 14,137,406,740.51 | +7.7% |
| 1976 | 13,132,252,801.94 | +9.2% |
| 1975 | 12,022,811,620.79 | -7.6% |
| 1974 | 13,006,948,296.27 | +140.5% |
| 1973 | 5,408,804,607.31 | +21.5% |
| 1972 | 4,450,537,925.33 | +14.7% |
| 1971 | 3,880,392,195.41 | +35.0% |
| 1970 | 2,873,638,850.54 | +3.8% |
| 1969 | 2,769,198,892.32 | +4.0% |
| 1968 | 2,662,798,934.88 | +9.1% |
| 1967 | 2,441,599,023.36 | +2.1% |
| 1966 | 2,391,199,043.52 | +14.0% |
| 1965 | 2,097,199,161.12 | +1.2% |
| 1964 | 2,071,668,533.03 | +9.0% |
| 1963 | 1,900,895,856.66 | +4.0% |
| 1962 | 1,828,107,502.8 | — |
Frequently asked questions
What was Kuwait’s GDP in 1963?
1,900,895,856.66 (1963). The full year-by-year table above lists every published year, most recent first.
Are Kuwait’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Kuwait’s GDP growing or shrinking?
Between 1962 and 2025 the series was growing overall: +8499.6% in total — about 7.3% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 157,209,026,926.42; 2024: 160,903,106,639.23; 2023: 165,462,656,226.77; 2022: 183,502,046,693.88; 2021: 148,350,671,489.14. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.