Kuwait GDP Growth Rate 1993-2021

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.
  • Kuwait gdp growth rate for 2019 was 0.43%, a 0.82% decline from 2018.
  • Kuwait gdp growth rate for 2018 was 1.25%, a 5.96% increase from 2017.
  • Kuwait gdp growth rate for 2017 was -4.71%, a 7.64% decline from 2016.
  • Kuwait gdp growth rate for 2016 was 2.93%, a 2.33% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Monaco 7.50%
Ireland 5.57%
Malta 5.54%
Turks and Caicos Islands 5.32%
Estonia 5.00%
Hungary 4.64%
Poland 4.54%
Lithuania 4.34%
Brunei 3.87%
Cayman Islands 3.82%
Israel 3.45%
Antigua and Barbuda 3.35%
Slovenia 3.18%
Cyprus 3.08%
Panama 3.04%
Croatia 2.86%
Denmark 2.85%
Iceland 2.57%
Slovak Republic 2.51%
Portugal 2.49%
San Marino 2.37%
Czech Republic 2.31%
Luxembourg 2.30%
United States 2.16%
Australia 2.16%
St. Kitts and Nevis 2.05%
South Korea 2.04%
Latvia 2.03%
Andorra 2.02%
Bahrain 1.99%
Guam 1.98%
Spain 1.95%
Canada 1.86%
Greece 1.86%
Belgium 1.78%
UAE 1.68%
Netherlands 1.68%
New Zealand 1.63%
Seychelles 1.55%
France 1.51%
Puerto Rico 1.48%
Austria 1.42%
United Kingdom 1.37%
Sweden 1.37%
Singapore 1.35%
Finland 1.27%
Bahamas 1.22%
Switzerland 1.08%
Chile 0.94%
Norway 0.85%
Qatar 0.77%
Germany 0.56%
Bermuda 0.46%
Kuwait 0.43%
Uruguay 0.35%
Saudi Arabia 0.33%
Italy 0.29%
Japan 0.27%
Barbados -0.10%
Oman -0.83%
Trinidad and Tobago -1.25%
Hong Kong -1.68%
Argentina -2.09%
Macao -2.63%
Curacao -3.40%
Palau -4.25%
Northern Mariana Islands -11.14%
Kuwait GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2019 0.43% -0.82%
2018 1.25% 5.96%
2017 -4.71% -7.64%
2016 2.93% 2.33%
2015 0.59% 0.09%
2014 0.50% -0.65%
2013 1.15% -5.48%
2012 6.63% -3.00%
2011 9.63% 12.00%
2010 -2.37% 4.71%
2009 -7.08% -9.56%
2008 2.48% -3.51%
2007 5.99% -1.52%
2006 7.51% -3.09%
2005 10.61% 0.37%
2004 10.24% -7.09%
2003 17.33% 14.31%
2002 3.01% 2.80%
2001 0.21% -4.48%
2000 4.69% 6.48%
1999 -1.79% -5.45%
1998 3.66% 1.19%
1997 2.47% 1.87%
1996 0.61% -4.25%
1995 4.86% -3.58%
1994 8.44% -25.55%
1993 33.99% -25.55%