Kuwait Nominal GDP
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:
What was Kuwait's Nominal GDP in Mar 2020?
|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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|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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|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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