Kuwait PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Kuwait's ppp conversion factor was 0.20 in 2025, ranked 196th globally. This represents a 5.3% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Kuwait's ppp conversion factor stood at 0.20 in 2025, a rise of +0.01 from 2024. Based on recent trends, this figure is projected to reach 0.20 by 2025. Kuwait ranked 196th globally.
Kuwait’s purchasing power parity (PPP) conversion factor has risen steadily since the earliest record in 1990 (0.10), reaching a modest peak of 0.22 in 2022 before slipping to 0.07 during the 1998 trough, a period that coincided with regional fiscal strain after the Gulf War. The latest 2025 figure of 0.20 places Kuwait at rank 196 globally, matching Oman’s conversion factor and remaining below Jordan’s 0.30 and Timor‑Leste’s 0.33, while exceeding Bahrain’s 0.17. Over the 36‑year coverage, the upward trajectory reflects gradual diversification of the economy and incremental reforms aimed at reducing oil‑dependence, yet the factor remains low relative to peers with more diversified export bases. Continued investment in non‑hydrocarbon sectors, coupled with fiscal consolidation, could sustain the recent gains and potentially lift the conversion factor above the 0.22 peak, provided external shocks are limited.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.20 | - | - |
| 2026* trend | 0.20 | - | - |
| 2025* trend | 0.20 | - | - |
| 2025 | 0.20 | +0.01 | #196 |
| 2024 | 0.19 | −0.01 | #3 |
| 2023 | 0.20 | −0.03 | #3 |
| 2022 | 0.22 | +0.02 | #4 |
| 2021 | 0.20 | +0.02 | #4 |
| 2020 | 0.19 | −0.00 | #4 |
| 2019 | 0.19 | +0.00 | #3 |
| 2018 | 0.19 | −0.00 | #2 |
| 2017 | 0.19 | −0.01 | #3 |
| 2016 | 0.20 | −0.00 | #3 |
| 2015 | 0.20 | +0.01 | #3 |
| 2014 | 0.18 | +0.00 | #3 |
| 2013 | 0.18 | +0.01 | #3 |
| 2012 | 0.18 | +0.01 | #3 |
| 2011 | 0.17 | +0.02 | #2 |
Detected Pattern
Analysis
Kuwait matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Kuwait's ppp conversion factor was 0.20 in 2025. Ranked 196th globally. This represents a 5.3% increase from the previous year.
Kuwait's ppp conversion factor peaked at 0.22 in 2022.
The lowest ppp conversion factor in Kuwait was 0.07 in 1998.
Kuwait ranks 196th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Kuwait's ppp conversion factor is projected to reach 0.20 by 2025 based on trend extrapolation.
The ppp conversion factor of Kuwait in 2025 was 0.20. This ranks 196th in the world.
Cite this page
@misc{historysaid_kuwait_ppp-conversion-factor,
title = {Kuwait PPP Conversion Factor},
url = {https://historysaid.com/kuwait/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}