Kuwait: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 11.95 billion Kuwaiti Dinar as of Q3 2024, a decline compared to the previous value of 12.54 billion Kuwaiti Dinar. Historically, the average for Kuwait from Q1 2010 to Q3 2024 is 10.71 billion Kuwaiti Dinar. The minimum of 6.53 billion Kuwaiti Dinar was recorded in Q2 2020, while the maximum of 14.82 billion Kuwaiti Dinar was reached in Q2 2022.
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* indicates monthly or quarterly data series
- Measure: billion Kuwaiti Dinar
- Source: Kuwait Central Statistical Bureau
| Recent values | Kuwait: GDP, billion currency units |
|---|---|
| 2024 Q3 | 11.95 |
| 2024 Q2 | 12.54 |
| 2024 Q1 | 12.44 |
| 2023 Q4 | 13.1 |
| 2023 Q3 | 12.92 |
| 2023 Q2 | 12.12 |
| 2023 Q1 | 12.66 |
| 2022 Q4 | 13.54 |
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Definition: The Gross Domestic Product (GDP) is the sum of the 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. The data are in billion local currency units using current prices.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | -3.64 | 2023 | percent |
| GDP, constant dollars | 116.7 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 163.70 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 33,729.80 | 2023 | U.S. dollars |
| GDP per capita, PPP | 46,458 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 27,068.49 | 2023 | 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 |