Kuwait GDP Growth

GDP Growth Rate

Year -

-2.56%

Kuwait Annual GDP Growth Table

Source: WorldbankGrowth | Growth Capita

In 2024, Kuwait experienced a significant a decrease in its GDP growth rate, which fall to -2.56% from -1.667% in 2023. Additionally, the GDP per capita growth rate in Kuwait increase to -3.432% in 2024, compared to -7.011% in 2023.

Kuwait Annual GDP Growth 2024
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
19717.044-0.119-
19723.901%-3.14%-2.339%-2.46%
1973-6.57%-10.47%-12.046%-9.71%
1974-12.991%-6.42%-18.077%-6.03%
1975-12.274%0.72%-17.556%0.52%
19766.606%18.88%-0.073%17.48%
1977-3.848%-10.45%-9.909%-9.84%
19787.355%11.20%0.763%10.67%
197913.899%6.54%7.243%6.48%
1980-19.411%-33.31%-23.763%-31.01%
1981-18.925%0.49%-22.951%0.81%
1982-11.749%7.18%-15.946%7.01%
19837.938%19.69%2.876%18.82%
19845.242%-2.70%0.826%-2.05%
1985-4.265%-9.51%-7.982%-8.81%
19868.568%12.83%4.259%12.24%
19878.146%-0.42%3.907%-0.35%
1988-10.053%-18.20%-13.496%-17.40%
198925.893%35.95%21.194%34.69%
1990-26.229%-52.12%-2.906%-24.10%
1991-41.008%-14.78%-26.453%-23.55%
199282.809%123.82%51.104%77.56%
199333.99%-48.82%31.01%-20.09%
19948.436%-25.55%8.944%-22.07%
19954.858%-3.58%3.789%-5.16%
19960.605%-4.25%-2.228%-6.02%
19972.473%1.87%-0.819%1.41%
19983.662%1.19%0.48%1.30%
1999-1.789%-5.45%-4.67%-5.15%
20004.695%6.48%1.766%6.44%
20010.213%-4.48%-2.452%-4.22%
20023.014%2.80%0.421%2.87%
200317.326%14.31%14.551%14.13%
200410.24%-7.09%7.816%-6.74%
200510.609%0.37%6.679%-1.14%
20067.515%-3.09%1.698%-4.98%
20075.992%-1.52%-0.059%-1.76%
20082.48%-3.51%-3.068%-3.01%
2009-7.076%-9.56%-11.865%-8.80%
2010-2.371%4.71%-7.276%4.59%
20119.629%12.00%2.999%10.28%
20126.626%-3.00%0.098%-2.90%
20131.149%-5.48%-3.774%-3.87%
20140.501%-0.65%-3.832%-0.06%
20150.593%0.09%-3.833%0.00%
20162.926%2.33%-1.432%2.40%
2017-4.712%-7.64%-8.169%-6.74%
20182.743%7.46%-1.266%6.90%
20192.264%-0.48%-0.471%0.80%
2020-4.817%-7.08%-3.908%-3.44%
20211.672%6.49%2.591%6.50%
20226.759%5.09%1.437%-1.15%
2023-1.667%-8.43%-7.011%-8.45%
2024-2.56%-0.89%-3.432%3.58%