Kuwait - Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Kuwait was 114,105,000,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 127,854,000,000 in 2016 and 103,979,000,000 in 2010.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. 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 103,979,000,000
2011 114,747,000,000
2012 123,401,000,000
2013 124,179,000,000
2014 125,319,000,000
2015 124,188,000,000
2016 127,854,000,000
2017 122,761,000,000
2018 125,662,000,000
2019 125,191,000,000
2020 114,105,000,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts