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Kuwait GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Kuwait is $172.92 billion ($172,920,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is −0.6%, according to the International Monetary Fund (IMF).
GDP per Capita in Kuwait (with a population of 5,102,773 people) is $33,164 in 2026, an increase of $2,288 from $30,877 in 2025; this represents a change of 7.4% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Kuwait

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $172,920,000,000 −0.6% $33,164 1.53%
2025 $157,835,000,000 3.5% $30,877 1.86%
2024 $160,902,000,000 −1.5% $32,106 1.98%
2023 $165,474,000,000 −1.6% $33,679 5.43%
2022 $183,539,000,000 6.8% $38,289 5.25%
2021 $148,346,000,000 1.7% $33,825 −0.9%
2020 $111,048,000,000 −4.8% $25,611 −0.95%
2019 $140,855,000,000 2.3% $31,550 2.75%
2018 $138,655,000,000 2.7% $31,369 4.06%
2017 $120,688,000,000 −4.7% $28,552 3.76%
2016 $109,399,000,000 2.9% $26,796 4.42%
2015 $114,606,000,000 0.6% $29,195 4.6%
2014 $162,695,000,000 0.5% $43,459 4.5%
2013 $174,179,000,000 1.1% $48,544 5.12%
2012 $174,066,000,000 6.6% $50,784 6.52%
2011 $154,020,000,000 9.6% $47,440 6.44%
2010 $115,401,000,000 −2.4% $39,342 5.29%
2009 $105,992,000,000 −7.1% $38,156 5.43%
2008 $147,391,000,000 2.5% $53,059 5.72%
2007 $114,608,000,000 6.0% $47,539 6.05%
2006 $101,548,000,000 7.5% $43,618 5.72%
2005 $80,799,000,000 10.6% $35,991 3.68%
2004 $59,439,000,000 10.2% $24,864 2.25%
2003 $47,869,000,000 17.3% $20,585 2.42%
2002 $38,129,000,000 3.0% $16,857 2.58%
2001 $34,906,000,000 0.2% $15,993 2.73%
2000 $37,714,000,000 4.7% $17,639 2.88%
1999 $30,126,000,000 −1.8% $14,297 3.02%
1998 $25,941,000,000 3.7% $12,797 3.17%
1997 $30,350,000,000 2.5% $15,330 3.32%
1996 $31,491,000,000 0.6% $16,623 2.9%
1995 $27,186,000,000 1.7% $15,088 1.03%
1994 $24,859,000,000 8.6% $14,767 −0.47%
1993 $23,955,000,000 35.1% $15,825 2.27%
1992 $19,871,000,000 82.8% 20.98%
1991 $10,791,000,000 −41.0% −19.79%
1990 $18,239,000,000 −26.2% −24.02%
1989 $24,313,000,000 25.9% 3.88%
1988 $20,690,000,000 −10.1% 3.98%
1987 $22,368,000,000 8.1% 4.08%
1986 $17,904,000,000 8.6% 4.13%
1985 $21,445,000,000 −4.3% 4.04%
1984 $21,700,000,000 5.2% 4.38%
1983 $20,871,000,000 5.3% 4.92%
1982 $21,583,000,000 −9.5% 4.99%
1981 $25,249,000,000 5.23%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $283,133,000,000 $54,303 0.3% 1.53%
2025 $276,802,000,000 $54,150 4.3% 1.86%
2024 $260,144,000,000 $51,909 −1% 1.98%
2023 $257,640,000,000 $52,438 −0.5% 5.43%
2022 $252,595,000,000 $52,695 4.6% 5.25%
2021 $220,886,000,000 $50,365 19.7% −0.9%
2020 $182,443,000,000 $42,076 −16.6% −0.95%
2019 $225,239,000,000 $50,451 0.4% 2.75%
2018 $222,102,000,000 $50,248 9.8% 4.06%
2017 $193,471,000,000 $45,771 −6.3% 3.76%
2016 $199,467,000,000 $48,857 −0.1% 4.42%
2015 $191,972,000,000 $48,904 −3.2% 4.6%
2014 $189,086,000,000 $50,508 −2% 4.5%
2013 $184,922,000,000 $51,538 −1.7% 5.12%
2012 $179,762,000,000 $52,446 2.9% 6.52%
2011 $165,509,000,000 $50,979 1.1% 6.44%
2010 $147,921,000,000 $50,429 −6.4% 5.29%
2009 $149,693,000,000 $53,888 −6.5% 5.43%
2008 $160,105,000,000 $57,636 −9.3% 5.72%
2007 $153,278,000,000 $63,579 5.1% 6.05%
2006 $140,798,000,000 $60,477 6.9% 5.72%
2005 $127,040,000,000 $56,588 21.5% 3.68%
2004 $111,362,000,000 $46,584 10.1% 2.25%
2003 $98,373,000,000 $42,303 16.4% 2.42%
2002 $82,222,000,000 $36,350 0.9% 2.58%
2001 $78,595,000,000 $36,010 0.4% 2.73%
2000 $76,701,000,000 $35,873 5.5% 2.88%
1999 $71,642,000,000 $33,999 −4.2% 3.02%
1998 $71,929,000,000 $35,484 2.4% 3.17%
1997 $68,622,000,000 $34,663 −0.2% 3.32%
1996 $65,818,000,000 $34,744 −2.6% 2.9%
1995 $64,250,000,000 $35,659 −3% 1.03%
1994 $61,898,000,000 $36,769 −0.2% −0.47%
1993 $55,796,000,000 $36,860 2.27%
1992 $40,334,000,000 20.98%
1991 $21,572,000,000 −19.79%
1990 $35,371,000,000 −24.02%
1989 $46,218,000,000 3.88%
1988 $35,326,000,000 3.98%
1987 $37,935,000,000 4.08%
1986 $34,230,000,000 4.13%
1985 $30,907,000,000 4.04%
1984 $31,292,000,000 4.38%
1983 $28,698,000,000 4.92%
1982 $26,239,000,000 4.99%
1981 $27,307,000,000 5.23%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $160,227,273,001 $116,887,023,751 1.98%
2023 $165,384,407,267 $119,958,084,015 5.43%
2022 $183,502,046,669 $121,991,940,847 5.25%
2021 $148,350,671,614 $114,268,887,222 −0.9%
2020 $111,045,470,461 $112,389,026,890 −0.95%
2019 $140,856,394,870 $118,077,765,457 2.75%
2018 $138,646,316,322 $115,463,874,741 4.06%
2017 $120,687,539,676 $112,380,895,320 3.76%
2016 $109,406,674,088 $117,938,416,139 4.42%
2015 $114,585,555,831 $114,585,555,831 4.6%
2014 $162,650,450,785 $113,910,328,740 4.5%
2013 $174,168,116,687 $113,342,579,056 5.12%
2012 $174,047,662,555 $112,054,550,828 6.52%
2011 $154,039,231,299 $105,091,330,589 6.44%
2010 $115,416,245,238 $95,861,205,809 5.29%
2009 $105,968,691,905 $98,188,818,939 5.43%
2008 $147,379,737,230 $105,665,789,857 5.72%
2007 $114,634,043,362 $103,108,938,789 6.05%
2006 $101,557,330,723 $97,280,315,244 5.72%
2005 $80,798,630,137 $90,480,882,329 3.68%
2004 $59,439,090,601 $81,802,426,141 2.25%
2003 $47,874,582,232 $74,203,741,809 2.42%
2002 $38,135,788,414 $63,245,767,261 2.58%
2001 $34,889,559,870 $61,395,143,785 2.73%
2000 $37,718,743,480 $61,264,446,763 2.88%
1999 $30,122,365,849 $58,517,304,017 3.02%
1998 $25,943,705,784 $59,583,253,865 3.17%
1997 $30,350,190,704 $57,478,364,694 3.32%
1996 $31,492,373,309 $56,091,050,572 2.9%
1995 $27,186,980,647 $55,753,669,973 1.03%
1994 $24,848,483,838 $53,170,492,583 −0.47%
1993 $23,941,391,391 $49,033,910,658 2.27%
1992 $19,858,555,215 $36,595,073,928 20.98%
1991 $11,009,993,703 $20,018,165,442 −19.79%
1990 $18,427,777,778 $33,933,574,736 −24.02%
1989 $24,313,855,653 $45,998,461,858 3.88%
1988 $20,690,322,153 $36,537,785,305 3.98%
1987 $22,368,704,134 $40,621,287,790 4.08%
1986 $17,903,989,745 $37,561,473,256 4.13%
1985 $21,445,970,614 $34,597,277,928 4.04%
1984 $21,700,082,753 $36,138,434,512 4.38%
1983 $20,871,081,080 $34,338,543,611 4.92%
1982 $21,577,153,356 $31,813,071,689 4.99%
1981 $25,058,020,338 $36,048,439,965 5.23%
1980 $28,638,868,356 $44,462,929,931 5.71%
1979 $24,749,063,922 $55,172,280,797 6.21%
1978 $15,503,557,496 $48,439,563,893 6.54%
1977 $14,137,406,741 $45,121,015,041 6.73%
1976 $13,132,252,802 $46,926,530,604 6.68%
1975 $12,022,811,621 $44,018,581,867 6.41%
1974 $13,006,948,296 $50,177,583,545 6.21%
1973 $5,408,804,607 $57,669,629,423 6.23%
1972 $4,450,537,925 $61,725,008,613 6.39%
1971 $3,880,392,195 $59,407,649,076 6.92%
1970 $2,873,638,851 $55,498,511,025 7.96%
1969 $2,769,198,892 8.98%
1968 $2,662,798,935 9.49%
1967 $2,441,599,023 9.69%
1966 $2,391,199,044 9.87%
1965 $2,097,199,161 10.16%
1964 $2,071,668,533 10.62%
1963 $1,900,895,857 11.09%
1962 $1,828,107,503 11.29%

Kuwait GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $174,746,000,000 2.8% $32,858 1.29%
2028 $180,084,000,000 2.5% $33,197 1.09%
2029 $186,640,000,000 2.4% $33,731 0.98%
2030 $193,409,000,000 2.4% $34,269 0.91%
2031 $200,267,000,000 2.4% $34,789 0.89%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $297,485,000,000 $55,936 −2.1% 1.29%
2028 $309,941,000,000 $57,136 −2.2% 1.09%
2029 $323,089,000,000 $58,392 −2.2% 0.98%
2030 $336,871,000,000 $59,689 −2.1% 0.91%
2031 $351,146,000,000 $60,998 0.89%

Sources:

IMF, World Economic Outlook (April 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Kuwait