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) | 26,837.725 2024 | yearly | 1984 - 2024 |
| Algeria (USD mn) | 264,229.044 2024 | yearly | 1960 - 2024 |
| Argentina (USD mn) | 625,194.997 2024 | yearly | 1960 - 2024 |
| Armenia (USD mn) | 25,043.572 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) | 74,320.780 2024 | yearly | 1990 - 2024 |
| Belgium (USD mn) | 183,287.763 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Bolivia (USD mn) | 53,767.325 2024 | yearly | 1976 - 2024 |
| Bosnia and Herzegovina (USD mn) | 29,554.453 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) | 15,831.420 2024 | yearly | 1989 - 2024 |
| Bulgaria (USD mn) | 97,379.719 2023 | yearly | 1980 - 2023 |
| Cambodia (USD mn) | 45,994.755 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) | 93,330.322 2024 | yearly | 1990 - 2024 |
| Cyprus (USD mn) | 33,546.628 2024 | yearly | 1976 - 2024 |
| Czech Republic (USD mn) | 335,938.751 2024 | yearly | 1990 - 2024 |
| Denmark (USD mn) | 121,391.242 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Ecuador (USD mn) | 121,312.194 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) | 9,778.032 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Germany (USD mn) | 1,358,572.208 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ghana (USD mn) | 79,228.944 2024 | yearly | 1960 - 2024 |
| Greece (USD mn) | 248,952.049 2024 | yearly | 1960 - 2024 |
| Hong Kong SAR, China (USD mn) | 116,135.216 Sep 2025 | quarterly | Mar 1999 - Sep 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) | 131,511.370 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Israel (USD mn) | 155,560.661 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Italy (USD mn) | 2,202,096.400 Sep 2025 | quarterly | Mar 1998 - Sep 2025 |
| Ivory Coast (USD mn) | 83,631.794 2024 | yearly | 1960 - 2024 |
| Japan (USD mn) | 1,185,658.611 Sep 2025 | quarterly | Mar 1957 - Sep 2025 |
| Jordan (USD mn) | 52,133.247 2024 | yearly | 1965 - 2024 |
| Kazakhstan (USD mn) | 267,952.699 2024 | yearly | 1993 - 2024 |
| Kenya (USD mn) | 118,468.238 2024 | yearly | 1960 - 2024 |
| South Korea (USD mn) | 493,487.155 Sep 2025 | quarterly | Mar 1960 - Sep 2025 |
| Kosovo (USD mn) | 11,463.365 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) | 12,893.128 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Lebanon (USD mn) | 19,823.500 2023 | yearly | 1989 - 2023 |
| Lithuania (USD mn) | 25,297.902 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| Luxembourg (USD mn) | 60,960.152 2024 | yearly | 1960 - 2024 |
| Macau SAR, China (USD mn) | 44,446.666 2023 | yearly | 1982 - 2023 |
| North Macedonia (USD mn) | 16,084.842 2024 | yearly | 1990 - 2024 |
| Malawi (USD mn) | 11,124.721 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) | 1,805,281.845 2024 | yearly | 1960 - 2024 |
| Moldova (USD mn) | 18,293.898 2024 | yearly | 1990 - 2024 |
| Mongolia (USD mn) | 20,904.512 2024 | yearly | 1981 - 2024 |
| Montenegro (USD mn) | 8,246.973 2024 | yearly | 1997 - 2024 |
| Morocco (USD mn) | 158,229.086 2024 | yearly | 1960 - 2024 |
| Mozambique (USD mn) | 20,229.764 2024 | yearly | 1991 - 2024 |
| Myanmar (USD mn) | 72,699.850 2024 | yearly | 1960 - 2024 |
| Nepal (USD mn) | 45,445.518 2025 | yearly | 1960 - 2025 |
| Netherlands (USD mn) | 333,104.410 Sep 2025 | quarterly | Mar 1988 - Sep 2025 |
| New Zealand (USD mn) | 67,387.661 Sep 2025 | quarterly | Jun 1987 - Sep 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) | 436,246.321 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) | 43,025.798 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) | 211,944.505 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) | 20,878.562 Sep 2025 | quarterly | Mar 1995 - Sep 2025 |
| South Africa (USD mn) | 102,363.712 Jun 2025 | quarterly | Mar 1960 - Jun 2025 |
| Spain (USD mn) | 486,105.482 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Sri Lanka (USD mn) | 27,353.367 Sep 2025 | quarterly | Mar 2010 - Sep 2025 |
| Sudan (USD mn) | 48,087.993 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) | 6,701.5 Nov 2025 | monthly | Dec 1993 - Nov 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 |
| Public Debt (KWD mn) | 2,050.000 Nov 2025 | monthly | Dec 1993 - Nov 2025 |
| 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 Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Fiscal Balance: ytd (KWD mn) | -1,561.505 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 (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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,691.8 Aug 2025 | monthly | Jan 1993 - Aug 2025 |
| Total Exports (USD mn) | 5,966.7 Aug 2025 | monthly | Jan 1993 - Aug 2025 |
| Total Exports Growth (%) | -1.9 Aug 2025 | monthly | Jan 1994 - Aug 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) | 3,274.9 Aug 2025 | monthly | Jan 1992 - Aug 2025 |
| Total Imports Growth (%) | 5.2 Aug 2025 | monthly | Jan 1993 - Aug 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) | 2.831 Sep 2025 | monthly | Sep 1991 - Sep 2025 |
| Total Imports from USA (USD mn) | 247.061 Aug 2025 | monthly | Jan 2017 - Aug 2025 |
| Total Exports to China (USD mn) | 63.239 Aug 2025 | monthly | Jan 2017 - Aug 2025 |
| Total Imports from China (USD mn) | 640.016 Aug 2025 | monthly | Jan 2017 - Aug 2025 |
| Exports: FOB: Growth Rate: YoY (%) | -1.947 Aug 2025 | monthly | Apr 2020 - Aug 2025 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| 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) | 3,480.1 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Current Account Balance (USD mn) | 8,835.6 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 21.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 175.0 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 182.526 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 421.4 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -238.889 Sep 2025 | quarterly | Mar 2012 - Sep 2025 |
| External Debt (USD mn) | 74,413.4 Sep 2025 | quarterly | Mar 2018 - Sep 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: CA: Debit (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: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 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: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 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 (%) | 3.3 Nov 2025 | monthly | Jan 1995 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 35,573.1 Nov 2025 | monthly | Jan 1964 - Nov 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) | 103.629 Nov 2025 | monthly | Dec 1961 - Nov 2025 |
| Total Deposits (USD mn) | 193,069.631 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Total Deposits Growth (%) | 10.0 Nov 2025 | monthly | Jan 1995 - Nov 2025 |
| Domestic Credit (USD mn) | 155,599.5 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Domestic Credit Growth (%) | 16.7 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Household Debt (USD mn) | 1,442.6 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Total Loans (USD mn) | 174,134.685 Nov 2025 | monthly | Jan 1994 - Nov 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 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 42,039.000 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,616.800 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,649.300 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Money Supply: M3 (KWD mn) | 42,039.000 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| Local Banks Time Deposits (KWD mn) | 75,243.400 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
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