Kuwait - GDP (current LCU)

The value for GDP (current LCU) in Kuwait was 32,445,020,000 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 49,392,100,000 in 2013 and a minimum value of 749,000,000 in 1965.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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

Year Value
1965 749,000,000
1966 854,000,000
1967 872,000,000
1968 951,000,000
1969 989,000,000
1970 1,026,300,000
1971 1,381,800,000
1972 1,464,000,000
1973 1,604,100,000
1974 3,813,000,000
1975 3,487,000,000
1976 3,839,700,000
1977 4,051,300,000
1978 4,264,300,000
1979 6,839,800,000
1980 7,741,000,000
1981 6,985,800,000
1982 6,212,300,000
1983 6,083,440,000
1984 6,424,570,000
1985 6,449,940,000
1986 5,202,810,000
1987 6,233,330,000
1988 5,773,200,000
1989 7,142,900,000
1990 5,307,200,000
1991 3,129,800,000
1992 5,826,500,000
1993 7,230,300,000
1994 7,380,000,000
1995 8,113,900,000
1996 9,429,100,000
1997 9,206,700,000
1998 7,906,500,000
1999 9,169,700,000
2000 11,570,300,000
2001 10,700,000,000
2002 11,590,000,000
2003 14,267,200,000
2004 17,516,700,000
2005 23,593,200,000
2006 29,469,500,000
2007 32,580,600,000
2008 39,619,800,000
2009 30,496,200,000
2010 33,079,200,000
2011 42,522,800,000
2012 48,722,300,000
2013 49,392,100,000
2014 46,284,900,000
2015 34,473,300,000
2016 33,055,700,000
2017 36,610,560,000
2018 41,731,080,000
2019 41,349,340,000
2020 32,445,020,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts