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Kuwait - Gross domestic product in current prices

144.52 (billion US dollars) in 2018

Kuwait GDP was at level of 144.52 billion US dollars in 2018, up from 120.68 billion US dollars previous year, this is a change of 19.75 %.

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What is GDP?

GDP at purchaser's prices is the sum of 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates.

What is Kuwait GDP?

Date Value Change, %
2018 144.52 19.75 %
2017 120.68 8.85 %
2016 110.87 -3.26 %
2015 114.61 -29.56 %
2014 162.70 -6.59 %
2013 174.18 0.06 %
2012 174.07 13.02 %
2011 154.02 33.47 %
2010 115.40 8.88 %
2009 105.99 -28.09 %
2008 147.40 28.54 %
2007 114.68