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 | -2.23 | 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 |