Kuwait - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Kuwait was $152,654,000,000 as of 2019. Over the past 25 years, the value for this indicator has fluctuated between $188,256,000,000 in 2014 and $30,869,370,000 in 1994.

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
1994 $30,869,370,000
1995 $32,949,800,000
1996 $33,954,370,000
1997 $36,742,370,000
1998 $36,030,310,000
1999 $32,920,690,000
2000 $36,764,690,000
2001 $39,255,760,000
2002 $40,453,900,000
2003 $48,845,250,000
2004 $62,737,170,000
2005 $79,947,640,000
2006 $100,395,000,000
2007 $119,138,000,000
2008 $137,351,000,000
2009 $126,938,000,000
2010 $127,116,000,000
2011 $138,719,000,000
2012 $166,416,000,000
2013 $187,100,000,000
2014 $188,256,000,000
2015 $160,401,000,000
2016 $139,808,000,000
2017 $127,359,000,000
2018 $138,314,000,000
2019 $152,654,000,000

GNI (current US$)

The latest value for GNI (current US$) in Kuwait was $154,472,000,000 as of 2019. Over the past 54 years, the value for this indicator has fluctuated between $187,416,000,000 in 2013 and $1,654,999,000 in 1965.

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
1965 $1,654,999,000
1966 $1,909,829,000
1967 $2,055,447,000
1968 $2,220,666,000
1969 $2,352,282,000
1970 $2,383,926,000
1971 $3,133,390,000
1972 $3,351,779,000
1973 $4,255,226,000
1974 $12,046,390,000
1975 $13,175,860,000
1976 $14,639,880,000
1977 $15,901,260,000
1978 $18,107,230,000
1979 $27,904,490,000
1980 $33,485,020,000
1981 $32,642,750,000
1982 $27,604,380,000
1983 $25,898,590,000
1984 $26,712,500,000
1985 $26,106,850,000
1986 $25,642,840,000
1987 $27,948,800,000
1988 $27,950,540,000
1989 $32,729,410,000
1990 $26,177,780,000
1991 $16,418,570,000
1992 $25,100,550,000
1993 $27,765,900,000
1994 $28,016,830,000
1995 $32,072,720,000
1996 $36,673,680,000
1997 $36,632,710,000
1998 $31,806,100,000
1999 $35,232,260,000
2000 $44,411,020,000
2001 $39,788,060,000
2002 $41,480,750,000
2003 $51,235,570,000
2004 $65,567,350,000
2005 $89,654,800,000
2006 $114,716,000,000
2007 $127,036,000,000
2008 $158,139,000,000
2009 $112,892,000,000
2010 $124,840,000,000
2011 $163,057,000,000
2012 $183,220,000,000
2013 $187,416,000,000
2014 $178,271,000,000
2015 $127,259,000,000
2016 $122,200,000,000
2017 $139,487,000,000
2018 $156,517,000,000
2019 $154,472,000,000

GNI (current LCU)

The value for GNI (current LCU) in Kuwait was 46,897,670,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 53,151,100,000 in 2013 and a minimum value of 591,000,000 in 1965.

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
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 3,821,000,000
1976 4,280,700,000
1977 4,557,300,000
1978 4,981,300,000
1979 7,712,800,000
1980 9,051,000,000
1981 9,100,800,000
1982 7,947,300,000
1983 7,549,440,000
1984 7,909,570,000
1985 7,852,940,000
1986 7,451,810,000
1987 7,789,330,000
1988 7,798,200,000
1989 9,615,901,000
1990 7,539,200,000
1991 4,667,800,000
1992 7,364,500,000
1993 8,385,300,000
1994 8,321,000,000
1995 9,570,500,000
1996 10,980,100,000
1997 11,110,700,000
1998 9,694,500,000
1999 10,724,700,000
2000 13,625,300,000
2001 12,203,000,000
2002 12,606,000,000
2003 15,268,200,000
2004 19,322,700,000
2005 26,179,200,000
2006 33,290,500,000
2007 36,103,600,000
2008 42,507,800,000
2009 32,490,200,000
2010 35,779,200,000
2011 45,003,800,000
2012 51,283,300,000
2013 53,151,100,000
2014 50,735,900,000
2015 38,292,300,000
2016 36,916,700,000
2017 42,306,430,000
2018 47,268,090,000
2019 46,897,670,000

GNI (constant 2010 US$)

The latest value for GNI (constant 2010 US$) in Kuwait was 130,578,000,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 130,608,000,000 in 2016 and 106,266,000,000 in 2010.

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 2010 U.S. dollars.

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

See also:

Year Value
2010 106,266,000,000
2011 114,821,000,000
2012 121,979,000,000
2013 126,307,000,000
2014 128,467,000,000
2015 127,259,000,000
2016 130,608,000,000
2017 129,220,000,000
2018 130,154,000,000
2019 130,578,000,000

GNI (constant LCU)

The value for GNI (constant LCU) in Kuwait was 43,965,230,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 43,975,050,000 in 2016 and a minimum value of 35,779,200,000 in 2010.

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
2010 35,779,200,000
2011 38,659,670,000
2012 41,069,810,000
2013 42,527,170,000
2014 43,254,210,000
2015 42,847,650,000
2016 43,975,050,000
2017 43,507,710,000
2018 43,822,450,000
2019 43,965,230,000

GNI, PPP (current international $)

The latest value for GNI, PPP (current international $) in Kuwait was 247,942,000,000 as of 2019. Over the past 27 years, the value for this indicator has fluctuated between 296,213,000,000 in 2013 and 74,751,030,000 in 1992.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) 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 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. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1992 74,751,030,000
1993 94,078,840,000
1994 101,298,000,000
1995 113,449,000,000
1996 114,744,000,000
1997 124,034,000,000
1998 132,107,000,000
1999 125,545,000,000
2000 135,300,000,000
2001 134,192,000,000
2002 133,922,000,000
2003 157,468,000,000
2004 183,754,000,000
2005 210,816,000,000
2006 237,737,000,000
2007 253,819,000,000
2008 256,740,000,000
2009 238,710,000,000
2010 239,360,000,000
2011 262,123,000,000
2012 291,438,000,000
2013 296,213,000,000
2014 283,545,000,000
2015 201,226,000,000
2016 197,467,000,000
2017 238,368,000,000
2018 242,236,000,000
2019 247,942,000,000

GNI, PPP (constant 2011 international $)

The latest value for GNI, PPP (constant 2011 international $) in Kuwait was 240,874,000,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 240,928,000,000 in 2016 and 196,025,000,000 in 2010.

Definition: PPP GNI (formerly PPP GNP) is gross national income (GNI) 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 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 196,025,000,000
2011 211,806,000,000
2012 225,011,000,000
2013 232,995,000,000
2014 236,979,000,000
2015 234,751,000,000
2016 240,928,000,000
2017 238,368,000,000
2018 240,092,000,000
2019 240,874,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts