Kuwait Nominal GDP

2010 - 2020 | Quarterly | USD mn | CEIC Data

Kuwait Nominal GDP reached 30.1 USD bn in Mar 2020, compared with 34.4 USD bn in the previous quarter. Nominal GDP in Kuwait is updated quarterly, available from Mar 2010 to Mar 2020, with an average number of 34.3 USD bn. The data reached an all-time high of 45.8 USD bn in Mar 2012 and a record low of 24.6 USD bn in Mar 2016. CEIC converts quarterly Nominal GDP into USD. Central Statistical Bureau provides Nominal GDP in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions.

In the latest reports, Kuwait GDP contracted 2.5 % YoY in Mar 2020. Its GDP deflator (implicit price deflator) fell 7.9 % in Mar 2020. Kuwait GDP Per Capita reached 30,436.7 USD in Dec 2018. Its Gross Savings Rate was measured at 36.1 % in Dec 2018.

View Kuwait's Nominal GDP from Mar 2010 to Mar 2020 in the chart:

Kuwait Nominal GDP

What was Kuwait's Nominal GDP in Mar 2020?

Last Previous Min Max Unit Frequency Range
30,136.3 Mar 2020 34,369.5 Dec 2019 24,648.3 Mar 2016 45,802.9 Mar 2012 USD mn quarterly Mar 2010 - Mar 2020

Nominal GDP by Country Comparison

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Includes Nominal GDP on 114 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (USD mn) 3,216.2 Jun 2020 quarterly Mar 2008 - Jun 2020
Algeria (USD mn) 40,083.4 Mar 2020 quarterly Mar 1999 - Mar 2020
Argentina (USD mn) 87,180.6 Jun 2020 quarterly Mar 2004 - Jun 2020
Armenia (USD mn) 3,593.3 Sep 2020 quarterly Dec 1994 - Sep 2020
Australia (USD mn) 307,619.3 Jun 2020 quarterly Sep 1959 - Jun 2020
Austria (USD mn) 112,574.1 Sep 2020 quarterly Mar 1988 - Sep 2020
Azerbaijan (USD mn) 10,668.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (USD mn) 7,943.7 Jun 2020 quarterly Mar 2007 - Jun 2020
Bangladesh (USD mn) 329,803.7 2020 yearly 1960 - 2020
Belarus (USD mn) 13,789.2 Jun 2020 quarterly Mar 1994 - Jun 2020

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Kuwait Key Series

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Includes 218 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.6 2017 yearly 1988 - 2017
Consolidated Fiscal Balance (USD mn) -10,753.192 2017 yearly 1988 - 2017
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.4 2017 yearly 1986 - 2017
National Government Debt (USD mn) 3,442.1 Nov 2020 monthly Dec 1993 - Nov 2020
Government Debt: % of GDP (%) 4.2 Mar 2020 quarterly Dec 2010 - Mar 2020
Forecast: Government Expenditure (KWD bn) 23.881 2025 yearly 1990 - 2025
Forecast: Government Net Debt (KWD bn) 38.428 2025 yearly 1991 - 2025
Forecast: Government Revenue (KWD bn) 22.442 2025 yearly 1990 - 2025
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -3,247.800 2018 yearly 1989 - 2018
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Public Debt (KWD mn) 1,050.000 Nov 2020 monthly Dec 1993 - Nov 2020

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