Kuwait GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Kuwait is $146.91 billion ($146,911,000,000) as of 2026, according to the International Monetary Fund (IMF). #65 in the world
The GDP growth rate in 2026 is −16.7%, according to the International Monetary Fund (IMF).
GDP per Capita in Kuwait (with a population of 5,102,773 people) is $28,928 in 2026, a decrease of $2,645 from $31,573 in 2025; this represents a change of 8.4% in GDP per capita. #62 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Kuwait

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$146,911,000,000−16.7%$28,928+1.53%
2025$157,199,000,0002.7%$31,573+1.86%
2024$160,902,000,000−1.5%$32,963+1.98%
2023$165,474,000,000−1.6%$33,679+5.43%
2022$183,539,000,0006.8%$38,289+5.25%
2021$148,346,000,0001.7%$33,825−0.90%
2020$111,048,000,000−4.8%$25,611−0.95%
2019$140,855,000,0002.3%$31,550+2.75%
2018$138,655,000,0002.7%$31,369+4.06%
2017$120,688,000,000−4.7%$28,552+3.76%
2016$109,399,000,0002.9%$26,796+4.42%
2015$114,606,000,0000.6%$29,195+4.60%
2014$162,695,000,0000.5%$43,459+4.50%
2013$174,179,000,0001.1%$48,544+5.12%
2012$174,066,000,0006.6%$50,784+6.52%
2011$154,020,000,0009.6%$47,440+6.44%
2010$115,401,000,000−2.4%$39,342+5.29%
2009$105,992,000,000−7.1%$38,156+5.43%
2008$147,391,000,0002.5%$53,059+5.72%
2007$114,608,000,0006.0%$47,539+6.05%
2006$101,548,000,0007.5%$43,618+5.72%
2005$80,799,000,00010.6%$35,991+3.68%
2004$59,439,000,00010.2%$24,864+2.25%
2003$47,869,000,00017.3%$20,585+2.42%
2002$38,129,000,0003.0%$16,857+2.58%
2001$34,906,000,0000.2%$15,993+2.73%
2000$37,714,000,0004.7%$17,639+2.88%
1999$30,126,000,000−1.8%$14,297+3.02%
1998$25,941,000,0003.7%$12,797+3.17%
1997$30,350,000,0002.5%$15,330+3.32%
1996$31,491,000,0000.6%$16,623+2.90%
1995$27,186,000,0001.7%$15,088+1.03%
1994$24,859,000,0008.6%$14,767−0.47%
1993$23,955,000,00035.1%$15,825+2.27%
1992$19,871,000,00082.8%–+20.98%
1991$10,791,000,000−41.0%–−19.79%
1990$18,239,000,000−26.2%–−24.02%
1989$24,313,000,00025.9%–+3.88%
1988$20,690,000,000−10.1%–+3.98%
1987$22,368,000,0008.1%–+4.08%
1986$17,904,000,0008.6%–+4.13%
1985$21,445,000,000−4.3%–+4.04%
1984$21,700,000,0005.2%–+4.38%
1983$20,871,000,0005.3%–+4.92%
1982$21,583,000,000−9.5%–+4.99%
1981$25,249,000,000–+5.23%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$236,414,000,000$46,552−15.6%+1.53%
2025$274,702,000,000$55,1733.4%+1.86%
2024$260,538,000,000$53,3751.7%+1.98%
2023$257,832,000,000$52,477−0.4%+5.43%
2022$252,663,000,000$52,7094.7%+5.25%
2021$220,886,000,000$50,36519.7%−0.90%
2020$182,443,000,000$42,076−16.6%−0.95%
2019$225,239,000,000$50,4510.4%+2.75%
2018$222,102,000,000$50,2489.8%+4.06%
2017$193,471,000,000$45,771−6.3%+3.76%
2016$199,467,000,000$48,857−0.1%+4.42%
2015$191,972,000,000$48,904−3.2%+4.60%
2014$189,086,000,000$50,508−2%+4.50%
2013$184,923,000,000$51,538−1.7%+5.12%
2012$179,762,000,000$52,4452.9%+6.52%
2011$165,509,000,000$50,9791.1%+6.44%
2010$147,921,000,000$50,429−6.4%+5.29%
2009$149,693,000,000$53,888−6.5%+5.43%
2008$160,105,000,000$57,636−9.3%+5.72%
2007$153,278,000,000$63,5795.1%+6.05%
2006$140,798,000,000$60,4776.9%+5.72%
2005$127,040,000,000$56,58821.5%+3.68%
2004$111,362,000,000$46,58410.1%+2.25%
2003$98,373,000,000$42,30316.4%+2.42%
2002$82,222,000,000$36,3500.9%+2.58%
2001$78,595,000,000$36,0100.4%+2.73%
2000$76,701,000,000$35,8735.5%+2.88%
1999$71,642,000,000$33,999−4.2%+3.02%
1998$71,929,000,000$35,4842.4%+3.17%
1997$68,622,000,000$34,663−0.2%+3.32%
1996$65,818,000,000$34,744−2.6%+2.90%
1995$64,250,000,000$35,659−3%+1.03%
1994$61,898,000,000$36,769−0.2%−0.47%
1993$55,796,000,000$36,860–+2.27%
1992$40,334,000,000––+20.98%
1991$21,572,000,000––−19.79%
1990$35,371,000,000––−24.02%
1989$46,218,000,000––+3.88%
1988$35,326,000,000––+3.98%
1987$37,935,000,000––+4.08%
1986$34,230,000,000––+4.13%
1985$30,907,000,000––+4.04%
1984$31,292,000,000––+4.38%
1983$28,698,000,000––+4.92%
1982$26,239,000,000––+4.99%
1981$27,307,000,000––+5.23%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$157,209,026,926$121,451,130,439+1.86%
2024$160,903,106,639$118,221,524,331+1.98%
2023$165,462,656,227$119,990,201,721+5.43%
2022$183,502,046,694$121,991,940,636+5.25%
2021$148,350,671,489$114,268,886,946−0.90%
2020$111,045,470,606$112,389,586,345−0.95%
2019$140,856,394,861$118,077,765,350+2.75%
2018$138,646,316,351$115,463,874,455+4.06%
2017$120,687,539,806$112,380,895,138+3.76%
2016$109,406,674,125$117,938,415,953+4.42%
2015$114,585,555,689$114,585,555,689+4.60%
2014$162,650,450,685$113,910,328,503+4.50%
2013$174,168,116,535$113,342,578,899+5.12%
2012$174,047,662,680$112,054,550,469+6.52%
2011$154,039,231,246$105,091,330,435+6.44%
2010$115,416,245,242$95,861,205,612+5.29%
2009$105,968,691,905$98,188,818,734+5.43%
2008$147,379,737,230$105,665,789,637+5.72%
2007$114,634,043,362$103,108,938,574+6.05%
2006$101,557,330,723$97,280,315,041+5.72%
2005$80,798,630,137$90,480,882,140+3.68%
2004$59,439,090,601$81,802,425,970+2.25%
2003$47,874,582,232$74,203,741,654+2.42%
2002$38,135,788,414$63,245,767,128+2.58%
2001$34,889,559,870$61,395,143,657+2.73%
2000$37,718,743,480$61,264,446,635+2.88%
1999$30,122,365,849$58,517,303,895+3.02%
1998$25,943,705,784$59,583,253,741+3.17%
1997$30,350,190,704$57,478,364,573+3.32%
1996$31,492,373,309$56,091,050,455+2.90%
1995$27,186,980,647$55,753,669,857+1.03%
1994$24,848,483,838$53,170,492,472−0.47%
1993$23,941,391,391$49,033,910,556+2.27%
1992$19,858,555,215$36,595,073,851+20.98%
1991$11,009,993,703$20,018,165,400−19.79%
1990$18,427,777,778$33,933,574,665−24.02%
1989$24,313,855,653$45,998,461,761+3.88%
1988$20,690,322,153$36,537,785,228+3.98%
1987$22,368,704,134$40,621,287,705+4.08%
1986$17,903,989,745$37,561,473,178+4.13%
1985$21,445,970,614$34,597,277,856+4.04%
1984$21,700,082,753$36,138,434,437+4.38%
1983$20,871,081,080$34,338,543,539+4.92%
1982$21,577,153,356$31,813,071,623+4.99%
1981$25,058,020,338$36,048,439,890+5.23%
1980$28,638,868,356$44,462,929,838+5.71%
1979$24,749,063,922$55,172,280,682+6.21%
1978$15,503,557,496$48,439,563,791+6.54%
1977$14,137,406,741$45,121,014,947+6.73%
1976$13,132,252,802$46,926,530,506+6.68%
1975$12,022,811,621$44,018,581,775+6.41%
1974$13,006,948,296$50,177,583,440+6.21%
1973$5,408,804,607$57,669,629,303+6.23%
1972$4,450,537,925$61,725,008,484+6.39%
1971$3,880,392,195$59,407,648,952+6.92%
1970$2,873,638,851$55,498,510,909+7.96%
1969$2,769,198,892–+8.98%
1968$2,662,798,935–+9.49%
1967$2,441,599,023–+9.69%
1966$2,391,199,044–+9.87%
1965$2,097,199,161–+10.16%
1964$2,071,668,533–+10.62%
1963$1,900,895,857–+11.09%
1962$1,828,107,503–+11.29%

Kuwait GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$175,355,000,00017.1%$33,852+1.29%
2028$186,539,000,00011.5%$35,305+1.09%
2029$189,351,000,0002.3%$35,135+0.98%
2030$193,347,000,0002.3%$35,173+0.91%
2031$197,883,000,0002.2%$35,292+0.89%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$285,613,000,000$55,137−10.4%+1.29%
2028$325,066,000,000$61,523−2.2%+1.09%
2029$338,949,000,000$62,893−2.1%+0.98%
2030$353,070,000,000$64,229−1.9%+0.91%
2031$367,197,000,000$65,489–+0.89%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Kuwait