Kuwait: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is -2.42 percent as of Q1 2024, a decline compared to the previous value of 5.54 percent. Historically, the average for Kuwait from Q2 2010 to Q1 2024 is 0.43 percent. The minimum of -13.48 percent was recorded in Q2 2020, while the maximum of 13.48 percent was reached in Q4 2010.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Kuwait Central Statistical Bureau
| Recent values | Kuwait: Economic growth, quarterly |
|---|---|
| 2024 Q1 | -2.42 |
| 2023 Q4 | 5.54 |
| 2023 Q3 | -1.85 |
| 2023 Q2 | -3.73 |
| 2023 Q1 | -4.09 |
| 2022 Q4 | 3.96 |
| 2022 Q3 | 0.53 |
| 2022 Q2 | -1.15 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -2.56 | 2024 | percent |
| GDP, constant dollars | 116.9 | 2024 | billion U.S. dollars |
| GDP, current U.S. dollars | 160.23 | 2024 | billion U.S. dollars |
| GDP per capita, current dollars | 32,213.86 | 2024 | U.S. dollars |
| GDP per capita, PPP | 46,137 | 2024 | U.S. dollars |
| GDP per capita, constant dollars | 23,867.83 | 2024 | U.S. dollars |
| Economic growth, quarterly | -3.92 | Q3/2024 | percent |
| Economic growth Q-on-Q | -2.42 | Q1/2024 | percent |
| Gross Domestic Product (GDP) | 11.95 | Q3/2024 | billion |