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Kuwait GDP

Gross Domestic Product in current US dollars  NY.GDP.MKTP.CD

Kuwait's gdp was $157.5B in 2025, ranked 59th globally. This represents a 1.7% decrease from 2024. Data from World Bank, covering 1962–2025.

$157.5B −$2.8B (-1.7%)
Year 2025 Rank #59 Global Peak $183.5B (2022) Source World Bank

Kuwait GDP (1962–2025)

Overview

Kuwait's gdp stood at $157.5B in 2025, a decline of +$2.8B from 2024. The IMF projects $157.5B by 2025. Kuwait ranked 59th globally.

Kuwait’s gross domestic product has expanded dramatically since the World Bank recorded a trough of 1,828,107,502.80 in 1962, climbing to an all‑time peak of 183,502,046,693.88 in 2022 before moderating to 157,469,000,000.00 in 2025, placing the country 59th globally. The 64‑year trajectory reflects the outsized influence of hydrocarbon revenues, which propelled growth during the oil‑price booms of the 1970s and again in the early 2000s, while periods of price volatility and regional geopolitical tensions have tempered expansion. Compared with peers of similar rank, Kuwait’s output exceeds Uzbekistan’s 137,480,000,000.00 but trails Ukraine’s 209,713,000,000.00, underscoring the relative strength of its energy‑driven economy. Looking ahead, diversification initiatives and the pace of global energy transition will be pivotal in determining whether Kuwait can sustain its post‑peak growth path or face a structural slowdown.

Data & projection

Year GDP YoY change Rank
2030* IMF $190.2B - -
2029* IMF $183.1B - -
2028* IMF $176.1B - -
2027* IMF $169.2B - -
2026* IMF $162.9B - -
2025* IMF $157.5B - -
2025 $157.5B −$2.8B #59
2024 $160.2B −$5.2B #142
2023 $165.4B −$18.2B #146
2022 $183.5B +$35.2B #154
2021 $148.4B +$37.3B #153
2020 $111.0B −$29.8B #152
2019 $140.9B +$2.2B #155
2018 $138.6B +$18.0B #155
2017 $120.7B +$11.3B #155
2016 $109.4B −$5.2B #154
2015 $114.6B −$48.1B #155
2014 $162.7B −$11.5B #157
2013 $174.2B +$102.1M #156
2012 $174.0B +$20.0B #156
2011 $154.0B +$38.6B #157
Show all years (1962-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.5% GDP growth 6.6% C/A balance 45.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Kuwait's gdp?▾

Kuwait's gdp was $157.5B in 2025. Ranked 59th globally. This represents a 1.7% decrease from the previous year.

What was the highest gdp in Kuwait?▾

Kuwait's gdp peaked at $183.5B in 2022.

What was the lowest gdp in Kuwait?▾

The lowest gdp in Kuwait was $1.8B in 1962.

How does Kuwait rank in gdp?▾

Kuwait ranks 59th globally in gdp as of 2025.

What is the World Bank indicator code for gdp?▾

The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.

What is the projected gdp of Kuwait in 2025?▾

Kuwait's gdp is projected to reach $157.5B by 2025 based on IMF projection.

What is Kuwait's gdp in billion?▾

Kuwait's gdp was approximately 157.47 billion ($157.5B) in 2025.

What is the gdp of Kuwait in 2025?▾

The gdp of Kuwait in 2025 was $157.5B. This ranks 59th in the world.

Cite this page

APA
Kuwait GDP. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/kuwait/gdp/
BibTeX
@misc{historysaid_kuwait_gdp, title = {Kuwait GDP}, url = {https://historysaid.com/kuwait/gdp/}, publisher = {HistorySaid}, year = {2026} }
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