Kuwait GDP Growth Rate 1993-2023
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.
- Kuwait gdp growth rate for 2020 was -8.86%, a 8.3% decline from 2019.
- Kuwait gdp growth rate for 2019 was -0.55%, a 2.99% decline from 2018.
- Kuwait gdp growth rate for 2018 was 2.43%, a 7.15% increase from 2017.
- Kuwait gdp growth rate for 2017 was -4.71%, a 7.64% decline from 2016.
| Similar Country Ranking | |
|---|---|
| Country Name | GDP Growth (%) |
| Ireland | 6.18% |
| Brunei | 1.13% |
| Greenland | 0.36% |
| Lithuania | -0.02% |
| Australia | -0.05% |
| Estonia | -0.55% |
| South Korea | -0.71% |
| Norway | -0.72% |
| Luxembourg | -0.80% |
| New Zealand | -1.25% |
| Israel | -1.86% |
| Denmark | -1.99% |
| Poland | -2.02% |
| Virgin Islands (U.S.) | -2.15% |
| Sweden | -2.17% |
| Latvia | -2.20% |
| Finland | -2.21% |
| Switzerland | -2.38% |
| United States | -2.77% |
| Slovak Republic | -3.37% |
| Oman | -3.38% |
| Qatar | -3.64% |
| Germany | -3.70% |
| Netherlands | -3.89% |
| Saudi Arabia | -4.14% |
| Singapore | -4.14% |
| Slovenia | -4.32% |
| Puerto Rico | -4.35% |
| Cyprus | -4.37% |
| Japan | -4.51% |
| Hungary | -4.55% |
| Bahrain | -4.94% |
| UAE | -4.96% |
| Canada | -5.23% |
| Belgium | -5.36% |
| Czech Republic | -5.50% |
| Cayman Islands | -5.68% |
| Chile | -5.98% |
| Uruguay | -6.12% |
| Austria | -6.45% |
| Hong Kong | -6.55% |
| San Marino | -6.65% |
| Bermuda | -6.84% |
| Iceland | -6.84% |
| Trinidad and Tobago | -7.68% |
| Seychelles | -7.69% |
| France | -7.78% |
| Portugal | -8.30% |
| Malta | -8.32% |
| Croatia | -8.58% |
| Kuwait | -8.86% |
| Greece | -9.00% |
| Italy | -9.04% |
| Palau | -9.11% |
| Argentina | -9.94% |
| French Polynesia | -10.00% |
| United Kingdom | -11.03% |
| Andorra | -11.18% |
| Spain | -11.33% |
| Guam | -11.39% |
| Monaco | -12.97% |
| Barbados | -13.31% |
| St. Kitts and Nevis | -14.53% |
| Panama | -17.94% |
| Curacao | -18.44% |
| Aruba | -18.59% |
| Antigua and Barbuda | -20.19% |
| Bahamas | -23.82% |
| Turks and Caicos Islands | -26.78% |
| Macao | -54.24% |
| Kuwait GDP Growth Rate - Historical Data | ||
|---|---|---|
| Year | GDP Growth (%) | Annual Change |
| 2020 | -8.86% | -8.30% |
| 2019 | -0.55% | -2.99% |
| 2018 | 2.43% | 7.15% |
| 2017 | -4.71% | -7.64% |
| 2016 | 2.93% | 2.33% |
| 2015 | 0.59% | 0.09% |
| 2014 | 0.50% | -0.65% |
| 2013 | 1.15% | -5.48% |
| 2012 | 6.63% | -3.00% |
| 2011 | 9.63% | 12.00% |
| 2010 | -2.37% | 4.71% |
| 2009 | -7.08% | -9.56% |
| 2008 | 2.48% | -3.51% |
| 2007 | 5.99% | -1.52% |
| 2006 | 7.51% | -3.09% |
| 2005 | 10.61% | 0.37% |
| 2004 | 10.24% | -7.09% |
| 2003 | 17.33% | 14.31% |
| 2002 | 3.01% | 2.80% |
| 2001 | 0.21% | -4.48% |
| 2000 | 4.69% | 6.48% |
| 1999 | -1.79% | -5.45% |
| 1998 | 3.66% | 1.19% |
| 1997 | 2.47% | 1.87% |
| 1996 | 0.61% | -4.25% |
| 1995 | 4.86% | -3.58% |
| 1994 | 8.44% | -25.55% |
| 1993 | 33.99% | -25.55% |
