Kuwait Kuwait GDP - Gross Domestic Product

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GDP Kuwait 2020

Kuwait: GDP drops 8.9

Gross Domestic Product of Kuwait fell -8.9% in 2020 compared to last year. This rate is 83 -tenths of one percent less than the previous year, when changed -0.6%.

The GDP figure in 2020 was €92,759$105,949 million, Kuwait is number 60 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Kuwait dropped €28,895$30,243 million with respect to 2019.

The GDP per capita of Kuwait in 2020 was €19,858$22,684, €5,614$5,829 less than in 2019, when it was €25,472$28,513. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2010 when the GDP per capita in Kuwait was €24,302$32,216.

If we order the countries according to their GDP per capita, Kuwait is in 41th position of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Kuwait. You can see GDP in other countries in GDP and see all the economic information about Kuwait in Kuwait's economy.

Evolution: Annual GDP Kuwait
DateAnnual GDPAnnual GDPGDP Growth (%)
202092,759M.€105,949M.$-8.9%
2019121,654M.€136,192M.$-0.6%
2018117,021M.€138,202M.$2.4%
2017106,831M.€120,687M.$-4.7%
201698,817M.€109,381M.$2.9%
2015103,295M.€114,606M.$0.6%
2014122,465M.€162,695M.$0.5%
2013131,149M.€174,179M.$1.2%
2012135,481M.€174,066M.$6.6%
2011110,647M.€154,020M.$9.6%
201087,049M.€115,401M.$-2.4%
200975,991M.€105,992M.$-7.1%
2008100,219M.€147,402M.$2.5%
200783,675M.€114,677M.$6.0%
200680,885M.€101,559M.$7.5%
200564,952M.€80,807M.$10.1%
200447,784M.€59,439M.$10.8%
200342,295M.€47,844M.$17.3%
200240,329M.€38,135M.$3.0%
200138,953M.€34,886M.$0.2%
200040,841M.€37,721M.$4.7%
199928,263M.€30,123M.$-1.8%
199825,944M.$3.7%
199730,350M.$2.5%
199631,492M.$0.6%
199527,189M.$1.7%
199424,796M.$8.6%
199323,996M.$35.1%
199219,866M.$82.8%
199110,826M.$-41.0%
199018,293M.$-26.2%
198923,855M.$25.9%
198819,281M.$-10.1%
198720,817M.$8.1%
198617,376M.$8.6%
198521,540M.$-4.3%
198421,457M.$5.2%
198320,317M.$5.3%
198221,583M.$-9.5%
198125,249M.$-18.9%
198028,724M.$-20.4%
197924,746M.$13.9%
197815,501M.$7.4%
197714,136M.$-3.8%
197613,132M.$6.6%
197512,024M.$-12.3%
197413,005M.$-13.0%
19735,408M.$-6.6%
19724,451M.$3.9%
19713,880M.$7.0%
19702,874M.$
19692,770M.$
19682,663M.$
19672,442M.$
19662,392M.$
19652,098M.$
19642,072M.$
19631,901M.$
19621,828M.$
Evolution: GDP per capita Kuwait
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
202019,858€22,684$-22.0%-20.5%
201925,472€28,513$0.6%-4.7%
201825,318€29,904$5.2%10.0%
201724,072€27,194$5.5%7.6%
201622,827€25,267$-7.6%-7.8%
201524,694€27,398$-18.6%-32.0%
201430,321€40,278$-10.0%-10.0%
201333,697€44,754$-5.3%-2.1%
201235,587€45,726$18.9%9.8%
201129,929€41,657$23.2%29.3%
201024,302€32,216$11.5%5.9%
200921,805€30,415$-25.1%-29.0%
200829,116€42,827$18.3%27.0%
200724,610€33,733$-3.2%5.7%
200625,412€31,907$17.0%18.1%
200521,716€27,015$25.2%25.2%
200417,351€21,586$4.5%14.9%
200316,606€18,787$-0.4%19.2%
200216,665€15,759$-1.2%4.3%
200116,870€15,108$-8.4%-11.2%
200018,422€17,013$47.0%27.4%
199912,534€13,358$16.9%
199811,425$-16.9%
199713,741$-8.8%
199615,068$8.6%
199513,872$2.4%
199413,550$-16.4%
199316,213$15.9%
199213,990$75.7%
19917,961$-7.3%
19908,588$-24.4%
198911,360$17.8%
19889,640$-12.0%
198710,956$13.5%
19869,653$-23.8%
198512,671$-5.5%
198413,410$3.4%
198312,974$-10.0%
198214,418$-18.2%
198117,632$-15.9%
198020,966$9.8%
197919,093$50.8%
197812,663$3.3%
197712,254$1.3%
197612,093$2.8%
197511,768$-13.0%
197413,522$126.4%
19735,972$14.3%
19725,225$7.5%
19714,859$25.9%
19703,861$-4.0%
19694,020$-4.5%
19684,208$-0.6%
19674,231$-7.4%
19664,571$2.9%
19654,444$-9.1%
19644,887$-2.6%
19635,019$-7.4%
19625,419$
Evolution: GDP growth rate at constant prices Kuwait
Evolution: GDP per capita Kuwait
GDP Kuwait