Kuwait - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Kuwait was $116,970,000,000 as of 2007. Over the past 43 years, the value for this indicator has fluctuated between $116,970,000,000 in 2007 and $1,537,550,000 in 1964.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1964 $1,537,550,000
1965 $1,684,110,000
1966 $1,943,908,000
1967 $2,113,821,000
1968 $2,321,540,000
1969 $2,449,427,000
1970 $2,486,524,000
1971 $2,834,232,000
1972 $3,130,189,000
1973 $3,975,173,000
1974 $6,408,749,000
1975 $10,345,260,000
1976 $16,227,660,000
1977 $16,252,420,000
1978 $18,947,260,000
1979 $25,007,630,000
1980 $26,704,350,000
1981 $30,704,850,000
1982 $28,431,930,000
1983 $28,021,540,000
1984 $27,611,550,000
1985 $25,522,770,000
1986 $30,831,200,000
1987 $29,969,740,000
1988 $29,146,230,000
1989 $36,372,890,000
1994 $30,869,370,000
1995 $32,951,260,000
1996 $33,953,360,000
1997 $36,742,290,000
1998 $36,030,790,000
1999 $32,924,100,000
2000 $36,769,080,000
2001 $39,391,840,000
2002 $40,501,560,000
2003 $48,846,310,000
2004 $61,822,110,000
2005 $78,439,570,000
2006 $96,957,990,000
2007 $116,970,000,000

GNI (current US$)

The latest value for GNI (current US$) in Kuwait was $117,188,000,000 as of 2009. Over the past 47 years, the value for this indicator has fluctuated between $159,527,000,000 in 2008 and $1,287,844,000 in 1962.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 $1,287,844,000
1963 $1,399,831,000
1964 $1,517,417,000
1965 $1,654,799,000
1966 $1,909,599,000
1967 $2,055,199,000
1968 $2,220,399,000
1969 $2,351,999,000
1970 $2,383,639,000
1971 $3,133,407,000
1972 $3,351,279,000
1973 $4,255,628,000
1974 $12,048,400,000
1975 $12,795,140,000
1976 $14,640,530,000
1977 $15,904,190,000
1978 $18,110,330,000
1979 $27,908,280,000
1980 $33,486,130,000
1981 $32,723,430,000
1982 $27,513,020,000
1983 $25,876,480,000
1984 $26,665,360,000
1985 $26,060,920,000
1986 $25,412,690,000
1987 $27,765,790,000
1988 $27,581,360,000
1989 $32,347,450,000
1990 $25,718,750,000
1991 $16,424,530,000
1992 $25,100,550,000
1993 $27,768,210,000
1994 $28,016,840,000
1995 $32,074,400,000
1996 $36,672,120,000
1997 $36,628,870,000
1998 $31,812,960,000
1999 $35,232,090,000
2000 $44,417,280,000
2001 $39,791,330,000
2002 $41,462,370,000
2003 $51,238,250,000
2004 $64,628,880,000
2005 $87,979,450,000
2006 $112,527,000,000
2007 $127,127,000,000
2008 $159,527,000,000
2009 $117,188,000,000

GNI (current LCU)

The value for GNI (current LCU) in Kuwait was 33,723,000,000 as of 2009. As the graph below shows, over the past 47 years this indicator reached a maximum value of 42,879,000,000 in 2008 and a minimum value of 460,000,000 in 1962.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1962 460,000,000
1963 500,000,000
1964 542,000,000
1965 591,000,000
1966 682,000,000
1967 734,000,000
1968 793,000,000
1969 840,000,000
1970 851,300,000
1971 1,115,800,000
1972 1,102,400,000
1973 1,262,100,000
1974 3,532,000,000
1975 3,711,000,000
1976 4,280,700,000
1977 4,557,600,000
1978 4,981,300,000
1979 7,712,900,000
1980 9,051,199,000
1981 9,122,800,000
1982 7,921,300,000
1983 7,542,400,000
1984 7,894,600,000
1985 7,837,900,000
1986 7,384,800,000
1987 7,737,300,000
1988 7,696,000,000
1989 9,503,000,000
1990 7,407,000,000
1991 4,669,000,000
1992 7,364,500,000
1993 8,386,000,000
1994 8,321,000,000
1995 9,571,000,000
1996 10,980,000,000
1997 11,111,000,000
1998 9,695,000,000
1999 10,725,000,000
2000 13,625,000,000
2001 12,204,000,000
2002 12,600,000,000
2003 15,269,000,000
2004 19,046,000,000
2005 25,690,000,000
2006 32,652,000,000
2007 36,104,000,000
2008 42,879,000,000
2009 33,723,000,000

GNI (constant 2000 US$)

The latest value for GNI (constant 2000 US$) in Kuwait was 67,946,490,000 as of 2004. Over the past 9 years, the value for this indicator has fluctuated between 67,946,490,000 in 2004 and 42,074,630,000 in 1997.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2000 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1995 42,760,040,000
1996 43,404,440,000
1997 42,074,630,000
1998 44,491,960,000
1999 44,929,260,000
2000 44,417,280,000
2001 48,454,290,000
2002 53,554,950,000
2003 63,874,590,000
2004 67,946,490,000

GNI (constant LCU)

The value for GNI (constant LCU) in Kuwait was 10,578,100,000 as of 2004. As the graph below shows, over the past 9 years this indicator reached a maximum value of 10,578,100,000 in 2004 and a minimum value of 6,550,294,000 in 1997.

Definition: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 6,657,000,000
1996 6,757,321,000
1997 6,550,294,000
1998 6,926,629,000
1999 6,994,710,000
2000 6,915,003,000
2001 7,543,496,000
2002 8,337,581,000
2003 9,944,170,000
2004 10,578,100,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Kuwait was 142,833,000,000 as of 2007. Over the past 27 years, the value for this indicator has fluctuated between 142,833,000,000 in 2007 and 27,612,950,000 in 1982.

Definition: PPP GNI (formerly PPP GNP) is gross national income converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1980 30,734,950,000
1981 30,399,660,000
1982 27,612,950,000
1983 30,817,790,000
1984 33,351,830,000
1985 32,542,140,000
1986 42,188,810,000
1987 41,068,060,000
1988 41,053,710,000
1989 53,523,880,000
1992 42,858,120,000
1993 53,850,350,000
1994 57,921,110,000
1995 65,017,570,000
1996 65,716,480,000
1997 71,139,920,000
1998 75,909,140,000
1999 72,162,720,000
2000 77,708,010,000
2001 77,523,120,000
2002 77,352,870,000
2003 91,264,210,000
2004 105,071,000,000
2005 120,261,000,000
2006 132,920,000,000
2007 142,833,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts