Kuwait - GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Kuwait was 47,307 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 91,473 in 2007 and 44,686 in 2016.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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 international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 59,893
1996 60,568
1997 60,096
1998 58,839
1999 55,001
2000 56,179
2001 55,943
2002 57,618
2003 68,071
2004 75,701
2005 83,689
2006 88,661
2007 91,473
2008 90,096
2009 79,424
2010 73,966
2011 78,178
2012 82,680
2013 78,058
2014 70,082
2015 47,231
2016 44,686
2017 50,856
2018 51,691
2019 51,962
2020 47,307

Statistical Concept and Methodology: For more information, see the metadata for PPP GDP in current international dollars (NY.GDP.MKTP.PP.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity