Kuwait Gross National Product (GNP)
1964 - 2023 | Yearly | USD mn | CEIC Data
Key information about Kuwait Gross National Product (GNP)
- Kuwait Gross National Product (GNP) was reported at 197.694 USD bn in Dec 2023.
- This records a decrease from the previous number of 209.533 USD bn for Dec 2022.
- Kuwait Gross National Product (GNP) data is updated yearly, averaging 28.055 USD bn from Dec 1964 to 2023, with 60 observations.
- The data reached an all-time high of 209.533 USD bn in 2022 and a record low of 1.518 USD bn in 1964.
Related information about Kuwait Gross National Product (GNP) data
- Kuwait Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
- CEIC converts annual Gross National Product into USD. Central Statistical Bureau provides Gross National Product in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions.
View Kuwait's Gross National Product (GNP) from 1964 to 2023 in the chart:
What was Kuwait's Gross National Product (GNP) in 2023?
Kuwait Gross National Product (GNP) was reported at 197.694 USD bn in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 197,694.018 2023 | 209,532.721 2022 | 1,517.599 1964 | 209,532.721 2022 | USD mn | yearly | 1964 - 2023 |
Gross National Product (GNP) by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 26,971.002 2024 | yearly | 1984 - 2024 |
| Algeria (USD mn) | 258,580.305 2024 | yearly | 1960 - 2024 |
| Argentina (USD mn) | 620,500.316 2024 | yearly | 1960 - 2024 |
| Armenia (USD mn) | 24,847.533 2024 | yearly | 1990 - 2024 |
| Australia (USD mn) | 457,576.697 Sep 2025 | quarterly | Sep 1959 - Sep 2025 |
| Austria (USD mn) | 533,362.256 2024 | yearly | 1960 - 2024 |
| Azerbaijan (USD mn) | 71,581.147 2024 | yearly | 1990 - 2024 |
| Bahrain (USD mn) | 43,575.298 2023 | yearly | 1980 - 2023 |
| Bangladesh (USD mn) | 485,291.033 2025 | yearly | 1973 - 2025 |
| Belarus (USD mn) | 74,150.765 2024 | yearly | 1990 - 2024 |
| Belgium (USD mn) | 187,108.712 Jun 2025 | quarterly | Mar 1980 - Jun 2025 |
| Bolivia (USD mn) | 48,305.777 2024 | yearly | 1976 - 2024 |
| Bosnia and Herzegovina (USD mn) | 28,254.442 2024 | yearly | 1990 - 2024 |
| Botswana (USD mn) | 19,433.948 2024 | yearly | 1960 - 2024 |
| Brazil (USD mn) | 572,847.244 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Brunei (USD mn) | 15,953.750 2024 | yearly | 1989 - 2024 |
| Bulgaria (USD mn) | 97,379.719 2023 | yearly | 1980 - 2023 |
| Cambodia (USD mn) | 45,492.705 2024 | yearly | 1960 - 2024 |
| Canada (USD mn) | 608,282.271 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Chile (USD mn) | 80,619.446 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| China (USD mn) | 18,619,311.184 2024 | yearly | 1957 - 2024 |
| Colombia (USD mn) | 378,656.279 2024 | yearly | 1960 - 2024 |
| Croatia (USD mn) | 92,885.914 2024 | yearly | 1990 - 2024 |
| Cyprus (USD mn) | 33,546.628 2024 | yearly | 1976 - 2024 |
| Czech Republic (USD mn) | 330,064.048 2024 | yearly | 1990 - 2024 |
| Denmark (USD mn) | 120,912.151 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Ecuador (USD mn) | 121,339.484 2024 | yearly | 1960 - 2024 |
| Egypt (USD mn) | 371,522.711 2024 | yearly | 1965 - 2024 |
| Estonia (USD mn) | 12,062.244 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| European Union (USD mn) | 19,411,312.243 2024 | yearly | 1960 - 2024 |
| Finland (USD mn) | 83,733.883 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| France (USD mn) | 3,218,731.300 2024 | yearly | 1957 - 2024 |
| Georgia (USD mn) | 8,719.811 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Germany (USD mn) | 1,358,572.208 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (USD mn) | 79,746.123 2024 | yearly | 1960 - 2024 |
| Greece (USD mn) | 251,437.708 2024 | yearly | 1960 - 2024 |
| Hong Kong SAR, China (USD mn) | 114,514.120 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Hungary (USD mn) | 217,101.887 2024 | yearly | 1968 - 2024 |
| Iceland (USD mn) | 33,101.572 2024 | yearly | 1960 - 2024 |
| India (USD mn) | 3,854,253.013 2024 | yearly | 1957 - 2024 |
| Indonesia (USD mn) | 361,019.624 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Iran (USD mn) | 3,397,523.952 2023 | yearly | 1959 - 2023 |
| Ireland (USD mn) | 124,287.909 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Israel (USD mn) | 157,458.741 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Italy (USD mn) | 2,194,207.863 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Ivory Coast (USD mn) | 83,064.981 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | 1,137,994.757 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Jordan (USD mn) | 52,106.346 2024 | yearly | 1965 - 2024 |
| Kazakhstan (USD mn) | 267,615.597 2024 | yearly | 1993 - 2024 |
| Kenya (USD mn) | 122,557.460 2024 | yearly | 1960 - 2024 |
| South Korea (USD mn) | 493,487.155 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Kosovo (USD mn) | 11,384.703 2024 | yearly | 2004 - 2024 |
| Kuwait (USD mn) | 197,694.018 2023 | yearly | 1964 - 2023 |
| Kyrgyzstan (USD mn) | 14,945.224 2023 | yearly | 1991 - 2023 |
| Laos (USD mn) | 15,455.804 2024 | yearly | 1984 - 2024 |
| Latvia (USD mn) | 12,903.594 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Lebanon (USD mn) | 19,999.740 2023 | yearly | 1989 - 2023 |
| Lithuania (USD mn) | 22,642.223 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Luxembourg (USD mn) | 60,960.152 2024 | yearly | 1960 - 2024 |
| Macau SAR, China (USD mn) | 44,623.229 2023 | yearly | 1982 - 2023 |
| North Macedonia (USD mn) | 15,818.396 2024 | yearly | 1990 - 2024 |
| Malawi (USD mn) | 10,620.512 2024 | yearly | 1960 - 2024 |
| Malaysia (USD mn) | 117,424.885 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Malta (USD mn) | 6,710.972 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Mauritius (USD mn) | 45,843.655 Oct 2025 | monthly | Jun 2005 - Oct 2025 |
| Mexico (USD mn) | 1,797,561.998 2024 | yearly | 1960 - 2024 |
| Moldova (USD mn) | 18,358.279 2024 | yearly | 1990 - 2024 |
| Mongolia (USD mn) | 20,904.512 2024 | yearly | 1981 - 2024 |
| Montenegro (USD mn) | 8,046.492 2024 | yearly | 1997 - 2024 |
| Morocco (USD mn) | 152,047.663 2024 | yearly | 1960 - 2024 |
| Mozambique (USD mn) | 19,900.380 2024 | yearly | 1991 - 2024 |
| Myanmar (USD mn) | 73,152.773 2024 | yearly | 1960 - 2024 |
| Nepal (USD mn) | 45,445.518 2025 | yearly | 1960 - 2025 |
| Netherlands (USD mn) | 323,888.037 Jun 2025 | quarterly | Mar 1988 - Jun 2025 |
| New Zealand (USD mn) | 64,249.960 Jun 2025 | quarterly | Jun 1987 - Jun 2025 |
| Nigeria (USD mn) | 181,127.703 2024 | yearly | 1960 - 2024 |
| Norway (USD mn) | 6,952.154 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Oman (USD mn) | 100,970.853 2024 | yearly | 1960 - 2024 |
| Pakistan (USD mn) | 435,775.244 2025 | yearly | 1960 - 2025 |
| Palestinian Territory (USD mn) | 3,212.800 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Panama (USD mn) | 81,857.899 2024 | yearly | 1960 - 2024 |
| Paraguay (USD mn) | 42,963.939 2024 | yearly | 1960 - 2024 |
| Peru (USD mn) | 79,592.974 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Philippines (USD mn) | 134,069.336 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Poland (USD mn) | 886,913.594 2024 | yearly | 1990 - 2024 |
| Portugal (USD mn) | 83,783.505 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Qatar (USD mn) | 210,764.835 2024 | yearly | 1970 - 2024 |
| Romania (USD mn) | 373,177.229 2024 | yearly | 1989 - 2024 |
| Russia (USD mn) | 2,144,940.238 2024 | yearly | 1988 - 2024 |
| Saudi Arabia (USD mn) | 189,344.451 Dec 2020 | quarterly | Mar 2015 - Dec 2020 |
| Serbia (USD mn) | 84,450.200 2024 | yearly | 1997 - 2024 |
| Singapore (USD mn) | 458,476.500 2024 | yearly | 1960 - 2024 |
| Slovakia (USD mn) | 38,172.258 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Slovenia (USD mn) | 19,920.808 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| South Africa (USD mn) | 102,363.712 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Spain (USD mn) | 477,065.124 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Sri Lanka (USD mn) | 24,145.557 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| Sudan (USD mn) | 48,505.122 2024 | yearly | 1960 - 2024 |
| Sweden (USD mn) | 177,667.054 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Switzerland (USD mn) | 255,880.113 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
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Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -3,440.015 2024 | yearly | 1988 - 2024 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.2 2024 | yearly | 1986 - 2024 |
| National Government Debt (USD mn) | 6,711.4 Oct 2025 | monthly | Dec 1993 - Oct 2025 |
| Government Debt: % of GDP (%) | 1.1 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (KWD bn) | 29.719 2030 | yearly | 1985 - 2030 |
| Forecast: Government Net Debt (KWD bn) | 14.274 2030 | yearly | 1991 - 2030 |
| Forecast: Government Revenue (KWD bn) | 44.112 2030 | yearly | 1985 - 2030 |
| Government Fiscal Balance: ytd (KWD mn) | -1,561.505 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 550.910 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 336.796 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Revenue: ytd: Non Oil (KWD mn) | 2,116.770 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Expenditure: ytd: Current (KWD mn) | 9,630.195 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
| Public Debt (KWD mn) | 50.000 Jan 2025 | monthly | Dec 1993 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,272.5 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports (USD mn) | 5,364.9 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports Growth (%) | -16.7 Jun 2025 | monthly | Jan 1994 - Jun 2025 |
| Aluminum: Exports (USD th) | 50,049.855 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 347,503.397 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,176.130 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,092.5 Jun 2025 | monthly | Jan 1992 - Jun 2025 |
| Total Imports Growth (%) | 6.6 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Imports: Medicament (USD th) | 1,308,449.500 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 650,043.407 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2.735 Jul 2025 | monthly | Sep 1991 - Jul 2025 |
| Total Imports from USA (USD mn) | 295.319 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Exports to China (USD mn) | 52.486 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Imports from China (USD mn) | 638.906 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: FOB: Growth Rate: YoY (%) | -18.295 Nov 2024 | monthly | Apr 2020 - Nov 2024 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Export Value Index (2015=100) | 116.639 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 102.988 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,137.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance (USD mn) | 8,094.0 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance: % of GDP (%) | 21.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 172.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 1,084.720 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 8.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,075.914 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| External Debt (USD mn) | 72,069.1 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| External Debt: % of GDP (%) | 41.5 2024 | yearly | 2014 - 2024 |
| Forecast: Current Account Balance (USD bn) | 26.022 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 116,734.177 2024 | yearly | 2001 - 2024 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Household Debt: % of GDP (%) | 0.9 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply M1 (USD mn) | 34,579.146 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Money Supply M2 (USD mn) | 137,467.671 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| M2 Growth (%) | 3.5 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 34,670.8 Oct 2025 | monthly | Jan 1964 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 26.539 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.8 Jun 2025 | quarterly | Mar 1973 - Jun 2025 |
| Gold Reserves (USD mn) | 103.781 Oct 2025 | monthly | Dec 1961 - Oct 2025 |
| Total Deposits (USD mn) | 189,078.409 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Deposits Growth (%) | 8.2 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Domestic Credit (USD mn) | 154,670.8 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Domestic Credit Growth (%) | 16.7 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Household Debt (USD mn) | 1,660.2 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Total Loans (USD mn) | 173,948.600 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Loans Growth (%) | 8.30 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 103.67 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,633.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,421.800 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Money Supply: M3 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Local Banks Time Deposits (KWD mn) | 66,591.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
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