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Kuwait - Gross domestic product in current prices

144.52 (billion US dollars) in 2018

GDP of Kuwait shot up by 19.75% from 120.68 billion US dollars in 2017 to 144.52 billion US dollars in 2018. Since the 3.26% decline in 2016, GDP soared by 30.35% in 2018.

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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

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