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Unit ( Billions of US dollars )
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According to the latest statistical data released by the World Bank in 2024, the gross domestic product(GDP) of Kuwait in 2020 was $105.96 billion, ranking 63rd in the world and 22nd in Asian countries. In 2019, the GDP of Kuwait was $136.2 billion, ranking 60th in the world and 22nd in Asian countries. In 2018, the GDP of Kuwait was $138.18 billion, ranking 59th in the world and 22nd in Asian countries. In 2017, the GDP of Kuwait was $120.71 billion, ranking 60th in the world and 22nd in Asian countries. Kuwait's GDP growth rates in 2020, 2019, 2018 and 2017 were -22.2%, -1.44%, 14.48% and 10.32% respectively.
| Year | GDP | Share of World GDP |
|---|---|---|
| 2020 | $105.96 billion | 0.1248% |
| 2019 | $136.2 billion | 0.1554% |
| 2018 | $138.18 billion | 0.1599% |
| 2017 | $120.71 billion | 0.1483% |
| 2016 | $109.42 billion | 0.1431% |
| 2015 | $114.57 billion | 0.1524% |
| 2014 | $162.63 billion | 0.204% |
| 2013 | $174.16 billion | 0.2244% |
| 2012 | $174.07 billion | 0.2306% |
| 2011 | $154.07 billion | 0.2086% |
| 2010 | $115.42 billion | 0.1733% |
| 2009 | $105.96 billion | 0.1743% |
| 2008 | $147.4 billion | 0.2299% |
| 2007 | $114.64 billion | 0.1965% |
| 2006 | $101.55 billion | 0.1961% |
| 2005 | $80.8 billion | 0.1691% |
| 2004 | $59.44 billion | 0.1347% |
| 2003 | $47.88 billion | 0.1223% |
| 2002 | $38.14 billion | 0.1092% |
| 2001 | $34.89 billion | 0.1038% |
| 2000 | $37.71 billion | 0.1115% |
| 1999 | $30.12 billion | 0.092% |
| 1998 | $25.94 billion | 0.0822% |
| 1997 | $30.36 billion | 0.096% |
| 1996 | $31.49 billion | 0.0992% |
| 1995 | $27.19 billion | 0.0876% |
| 1994 | $24.85 billion | 0.0891% |
| 1993 | $23.94 billion | 0.0927% |
| 1992 | $19.86 billion | 0.0782% |
| 1991 | $11.01 billion | 0.0463% |
| 1990 | $18.43 billion | 0.0809% |
| 1989 | $24.31 billion | 0.1204% |
| 1988 | $20.69 billion | 0.107% |
| 1987 | $22.37 billion | 0.1292% |
| 1986 | $17.9 billion | 0.1177% |
| 1985 | $21.44 billion | 0.1667% |
| 1984 | $21.7 billion | 0.1768% |
| 1983 | $20.87 billion | 0.1763% |
| 1982 | $21.58 billion | 0.1859% |
| 1981 | $25.06 billion | 0.2137% |
| 1980 | $28.64 billion | 0.2527% |
| 1979 | $24.75 billion | 0.2462% |
| 1978 | $15.5 billion | 0.1791% |
| 1977 | $14.14 billion | 0.1923% |
| 1976 | $13.13 billion | 0.2021% |
| 1975 | $12.02 billion | 0.2011% |
| 1974 | $13.01 billion | 0.2423% |
| 1973 | $5.41 billion | 0.1161% |
| 1972 | $4.45 billion | 0.1166% |
| 1971 | $3.88 billion | 0.1172% |
| 1970 | $2.87 billion | 0.0959% |
| 1969 | $2.77 billion | 0.1011% |
| 1968 | $2.66 billion | 0.1072% |
| 1967 | $2.44 billion | 0.1061% |
| 1966 | $2.39 billion | 0.1105% |
| 1965 | $2.1 billion | 0.1052% |