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Kuwait GDP (2026)

Updated · Source: IMF World Economic Outlook, April 2026

Nominal Gross Domestic Product (GDP) of Kuwait is $172.92 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is -0.6%. GDP per capita is $33,165.

Kuwait GDP Trend

Nominal GDP of Kuwait has grown from $25.25 billion in 1981 to $172.92 billion in 2026.

$0.0B$45.9B$91.8B$137.7B$183.5B19811987199319992005201120172023

Kuwait GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Kuwait. Hover any bar to see the exact value for that year.

Average Growth
3.84%
Best Year
1992 (+82.8%)
Worst Year
1991 (-41%)
Years of Contraction
13 of 45
85.0%0.0%19821988199420002006201220182024

GDP per capita in Kuwait rose from $30,877 in 2025 to $33,165 in 2026, an increase of 7.4%.

"Kuwait GDP", "Kuwait gross domestic product", and "Kuwait economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Kuwait

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Kuwait for every year IMF has published data, from 1981 to 2026. Click any column header to sort, or search by year.

Kuwait nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026$172,920,000,000-0.6%$33,1652%
2025$157,835,000,0003.5%$30,8772%
2024$160,902,000,000-1.5%$32,1062.02%
2023$165,474,000,000-1.6%$33,6792.48%
2022$183,539,000,0006.8%$38,2899.3%
2021$148,346,000,0001.7%$33,8251.15%
2020$111,048,000,000-4.8%$25,611-2.89%
2019$140,855,000,0002.3%$31,5501.02%
2018$138,655,000,0002.7%$31,3694.57%
2017$120,688,000,000-4.7%$28,5523.53%
2016$109,399,000,0002.9%$26,7964.03%
2015$114,606,000,0000.6%$29,1954.83%
2014$162,695,000,0000.5%$43,4594.35%
2013$174,179,000,0001.1%$48,5444.67%
2012$174,066,000,0006.6%$50,7845.57%
2011$154,020,000,0009.6%$47,44010.71%
2010$115,401,000,000-2.4%$39,3425.58%
2009$105,992,000,000-7.1%$38,1560%
2008$147,391,000,0002.5%$53,05915.22%
2007$114,608,000,0006%$47,5393.57%
2006$101,548,000,0007.5%$43,6183.7%
2005$80,799,000,00010.6%$35,991-6.11%
2004$59,439,000,00010.2%$24,8642.84%
2003$47,869,000,00017.3%$20,5852.79%
2002$38,129,000,0003%$16,8573.62%
2001$34,906,000,0000.2%$15,9932.1%
2000$37,714,000,0004.7%$17,6391.47%
1999$30,126,000,000-1.8%$14,2973.95%
1998$25,941,000,0003.7%$12,7972.37%
1997$30,350,000,0002.5%$15,3304.54%
1996$31,491,000,0000.6%$16,6245.11%
1995$27,186,000,0001.7%$15,0887.07%
1994$24,859,000,0008.6%$14,76711.16%
1993$23,955,000,00035.1%$15,825
1992$19,871,000,00082.8%
1991$10,791,000,000-41%
1990$18,239,000,000-26.2%
1989$24,313,000,00025.9%
1988$20,690,000,000-10%
1987$22,368,000,0008.1%
1986$17,904,000,0008.6%
1985$21,445,000,000-4.3%
1984$21,700,000,0005.2%
1983$20,871,000,0005.3%
1982$21,583,000,000-9.5%
1981$25,249,000,000

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Kuwait GDP Projections (IMF)

IMF projects nominal GDP for Kuwait through 2031, based on current growth and inflation assumptions.

Kuwait nominal GDP by year
Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2031$200,267,000,0002.4%$34,7892%
2030$193,409,000,0002.4%$34,2692.01%
2029$186,640,000,0002.4%$33,7311.99%
2028$180,084,000,0002.5%$33,1972.01%
2027$174,746,000,0002.8%$32,8581.99%

Compare Kuwait to Nearby-Ranked Economies

Kuwait ranks #62 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#61Uzbekistan GDP#63Slovakia GDP

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Frequently Asked Questions

What is the GDP of Kuwait?

The nominal GDP of Kuwait in 2026 is $172.92 billion, according to the IMF World Economic Outlook (April 2026). This ranks Kuwait 62th in the world by nominal GDP.

What is the GDP growth rate of Kuwait?

The GDP growth rate of Kuwait in 2026 is -0.6%, per IMF estimates.

What is the GDP per capita of Kuwait?

GDP per capita in Kuwait in 2026 is $33,165, per IMF data.

Is the GDP of Kuwait expected to grow?

IMF projects the nominal GDP of Kuwait to reach $200.27 billion by 2031, up from $172.92 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

See also: GDP by Country (all countries) · Full World GDP Ranking Analysis · What is GDP?

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.