Kuwait: Industry value added

* indicates monthly or quarterly data series
 Kuwait

Industry value added, billion USD

 Latest value 122.41
 Year 2022
 Measure billion U.S. dollars
 Data availability 2010 - 2022
 Average 89.84
 Min - Max 52.59 - 130.21
 Source The World Bank
The latest value from 2022 is 122.41 billion U.S. dollars, an increase from 81.66 billion U.S. dollars in 2021. In comparison, the world average is 124.51 billion U.S. dollars, based on data from 177 countries. Historically, the average for Kuwait from 2010 to 2022 is 89.84 billion U.S. dollars. The minimum value, 52.59 billion U.S. dollars, was reached in 2020 while the maximum of 130.21 billion U.S. dollars was recorded in 2012. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Kuwait - Industry value added - Recent values chart

Historical series
Kuwait - Industry value added - historical chart - 2010-2022




Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Share of industry 66.96 2022 percent
 Share of manufacturing 6.87 2022 percent
 Share of services 43.62 2022 percent
 Industry value added 122.41 2022 billion U.S. dollars
 Manufacturing value added 12.57 2022 billion U.S. dollars
 Services value added 79.73 2022 billion U.S. dollars
 Savings, percent of GDP 34.72 2019 percent
 Savings, in dollars 48.15 2019 billion U.S. dollars
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