Kuwait GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Kuwait's gdp deflator was 2.55% in 2025, ranked 178th globally. This represents a 447.8% increase from 2024. Data from World Bank, covering 1971–2025.
Overview
Kuwait's gdp deflator stood at 2.55% in 2025, a rise of +3.28pp from 2024. Based on recent trends, this figure is projected to reach 2.55% by 2025. Kuwait ranked 178th globally.
Kuwait’s GDP deflator has fallen dramatically from an all‑time peak of 173.20 % in 1974 to a trough of –25.96 % in 2015, reflecting the volatility of oil‑linked price levels over the past five decades. After the 2015 trough, the index has gradually recovered, reaching 2.55 % in 2025, which places Kuwait at 178th globally and closely aligns it with peers such as Finland (2.65 %) and Thailand (2.66 %). The early 1970s surge coincided with the first oil shock, while the post‑2014 decline mirrored the collapse in crude prices and the subsequent fiscal adjustments. The modest positive reading in 2025 suggests that recent diversification efforts and monetary stabilization are beginning to temper inflationary pressures, but any resurgence in oil price volatility or fiscal imbalances could reverse the modest upward trend. Continued reforms aimed at broadening the economic base are likely to shape the trajectory of the deflator in the coming years.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 1.34% | - | - |
| 2026* trend | 1.94% | - | - |
| 2025* trend | 2.55% | - | - |
| 2025 | 2.55% | +3.28pp | #178 |
| 2024 | -0.73% | +7.33pp | #7 |
| 2023 | -8.07% | −25.70pp | #10 |
| 2022 | 17.63% | −11.79pp | #180 |
| 2021 | 29.43% | +45.89pp | #196 |
| 2020 | -16.46% | −16.35pp | #3 |
| 2019 | -0.11% | −11.41pp | #28 |
| 2018 | 11.30% | −4.93pp | #188 |
| 2017 | 16.23% | +23.07pp | #196 |
| 2016 | -6.84% | +19.12pp | #5 |
| 2015 | -25.96% | −19.20pp | #2 |
| 2014 | -6.76% | −6.98pp | #3 |
| 2013 | 0.22% | −7.26pp | #35 |
| 2012 | 7.49% | −9.74pp | #164 |
| 2011 | 17.23% | +6.12pp | #188 |
Detected Pattern
Analysis
Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Kuwait's gdp deflator was 2.55% in 2025. Ranked 178th globally. This represents a 447.8% increase from the previous year.
Kuwait's gdp deflator peaked at 173.20% in 1974.
The lowest gdp deflator in Kuwait was -25.96% in 2015.
Kuwait ranks 178th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Kuwait's gdp deflator is projected to reach 2.55% by 2025 based on trend extrapolation.
The gdp deflator of Kuwait in 2025 was 2.55%. This ranks 178th in the world.
Cite this page
@misc{historysaid_kuwait_gdp-deflator,
title = {Kuwait GDP Deflator},
url = {https://historysaid.com/kuwait/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}