Middle East, North Africa, Afghanistan & Pakistan
🇰🇼 Kuwait
Real-time economic and demographic statistics for Kuwait
GDP
#59
of 214
Population
#127
of 217
GDP per Capita
#28
of 214
GDP Growth
#5
of 214
Share of World
0.14%
of world GDP
Income Level
High income
Kuwait GDP (2015–2024)
-2.56%annual growth
Chart data: 2015: 114,585,555,830.916 USD, 2016: 109,406,674,087.947 USD, 2017: 120,687,539,675.517 USD, 2018: 138,646,316,321.596 USD, 2019: 140,856,394,870.02 USD, 2020: 111,045,470,461.207 USD, 2021: 148,350,671,614.185 USD, 2022: 183,502,046,669.15 USD, 2023: 165,384,407,267.056 USD, 2024: 160,227,273,001.348 USD
Demographics
5.0M
Population
+2.48%annual growth
Labor Market
2.14%
Unemployment Rate
+0.02ppannual change
Verified: Nov 2025
Economics
+2.90%
Inflation Rate
-0.74ppannual change
Frequently Asked Questions
- What is Kuwait's GDP?
- Kuwait's GDP is approximately $160.2 billion (2024, representing 0.1% of world GDP), making it the #59 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Kuwait's population?
- Kuwait has a population of approximately 5.0M — the #127 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Kuwait's GDP per capita?
- Kuwait's GDP per capita is approximately $32,214, ranking #28 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Kuwait's economy growing?
- Kuwait's economy is currently contracting at approximately 2.6% per year, ranking #5 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Kuwait in?
- Kuwait is located in the Middle East, North Africa, Afghanistan & Pakistan region and is classified as a high income economy by the World Bank. This classification is based on gross national income (GNI) per capita.
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