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. Click on the following link to see the values of: Economic growth Q-on-Q around the world.
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* indicates monthly or quarterly data series

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  • 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
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