Kuwait: GDP per capita, current dollars
* indicates monthly or quarterly data series
Kuwait |
GDP per capita, current U.S. dollars |
---|---|
Latest value | 37,533.22 |
Year | 2023 |
Measure | U.S. dollars |
Data availability | 1962 - 2023 |
Average | 19,958.23 |
Min - Max | 3,579.58 - 55,595.48 |
Source | The World Bank |
The latest value from 2023 is 37533.22 U.S. dollars, a decline from 42823.83 U.S. dollars in 2022. In comparison, the world average is 17274.08 U.S. dollars, based on data from 180 countries. Historically, the average for Kuwait from 1962 to 2023 is 19958.23 U.S. dollars. The minimum value, 3579.58 U.S. dollars, was reached in 1970 while the maximum of 55595.48 U.S. dollars was recorded in 2008.
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Definition: 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 U.S. dollars.
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What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth | -2.23 | 2023 | percent |
GDP, constant dollars | 116.7 | 2023 | billion U.S. dollars |
GDP, current U.S. dollars | 161.77 | 2023 | billion U.S. dollars |
GDP per capita, current dollars | 37,533.22 | 2023 | U.S. dollars |
GDP per capita, PPP | 50,825 | 2023 | U.S. dollars |
GDP per capita, constant dollars | 27,068.49 | 2023 | U.S. dollars |
Economic growth, quarterly | -2.69 | Q1/2024 | percent |
Economic growth Q-on-Q | -2.42 | Q1/2024 | percent |
Gross Domestic Product (GDP) | 12.37 | Q1/2024 | billion |