The gross domestic product (GDP) in current prices in Kuwait was forecast to continuously increase between 2024 and 2029 by in total 23 billion U.S. dollars (+14.34 percent). After the fifth consecutive increasing year, the GDP is estimated to reach 183.43 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Israel, Lebanon and United Arab Emirates.
Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
183.43
2028*
176.78
2027*
171.14
2026*
166.48
2025*
163.38
2024*
160.4
2023*
161.78
2022
182.85
2021
141.77
2020
107.52
2019
138.7
2018
138.21
2017
120.69
2016
109.4
2015
114.61
2014
162.7
2013
174.18
2012
174.07
2011
154.02
2010
115.4
2009
105.99
2008
147.39
2007
114.61
2006
101.55
2005
80.8
2004
59.44
2003
47.87
2002
38.13
2001
34.91
2000
37.71
1999
30.13
1998
25.94
1997
30.35
1996
31.49
1995
27.19
1994
24.86
1993
23.95
1992
19.87
1991
10.83
1990
18.29
1989
24.31
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IMF. (April 22, 2024). Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/
IMF. "Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/
IMF. (2024). Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/
IMF. "Kuwait: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/
IMF, Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/ (last visited October 06, 2024)
Kuwait: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/438858/gross-domestic-product-gdp-in-kuwait/