Kuwait Nominal GDP Growth
2011 - 2020 | Quarterly | % | CEIC Data
Key information about Kuwait Nominal GDP Growth
- Kuwait Nominal GDP Growth was reported at -20.153 % in Dec 2020.
- This records an increase from the previous number of -20.392 % for Sep 2020.
- Kuwait Nominal GDP Growth data is updated quarterly, averaging 2.144 % from Mar 2011 to Dec 2020, with 40 observations.
- The data reached an all-time high of 36.837 % in Sep 2011 and a record low of -39.176 % in Jun 2020.
- Kuwait Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Middle East and Africa.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. Central Statistical Bureau provides Nominal GDP in local currency.
View Kuwait's Nominal GDP Growth from Mar 2011 to Dec 2020 in the chart:
What was Kuwait's Nominal GDP Growth in Dec 2020?
Kuwait Nominal GDP Growth was reported at -20.153 % in Dec 2020. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -20.153 Dec 2020 | -20.392 Sep 2020 | -39.176 Jun 2020 | 36.837 Sep 2011 | % | quarterly | Mar 2011 - Dec 2020 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 17.800 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Algeria (%) | 28.550 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Argentina (%) | 89.417 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Armenia (%) | 24.746 Sep 2022 | quarterly | Dec 1995 - Sep 2022 |
| Australia (%) | 12.034 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
| Austria (%) | 9.624 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Azerbaijan (%) | 47.082 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Bahrain (%) | 10.867 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Bangladesh (%) | 12.507 2022 | yearly | 2007 - 2022 |
| Belarus (%) | 11.217 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Belgium (%) | 8.345 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Bolivia (%) | 8.687 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Bosnia and Herzegovina (%) | 15.646 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| Botswana (%) | 17.710 Sep 2022 | quarterly | Sep 1994 - Sep 2022 |
| Brazil (%) | 8.456 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Brunei (%) | 23.143 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
| Bulgaria (%) | 17.340 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cambodia (%) | 4.357 2021 | yearly | 1994 - 2021 |
| Canada (%) | 11.077 Sep 2022 | quarterly | Mar 1958 - Sep 2022 |
| Chile (%) | 6.496 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| China (%) | 2.948 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Colombia (%) | 17.259 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Croatia (%) | 16.691 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Cyprus (%) | 11.110 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Czech Republic (%) | 11.065 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Denmark (%) | 13.119 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Ecuador (%) | 10.484 Jun 2022 | quarterly | Mar 1992 - Jun 2022 |
| Egypt (%) | 22.476 Jun 2022 | quarterly | Sep 2002 - Jun 2022 |
| Estonia (%) | 14.001 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| European Union (%) | 8.034 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Finland (%) | 4.492 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| France (%) | 5.240 Dec 2022 | quarterly | Mar 1950 - Dec 2022 |
| Georgia (%) | 20.016 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
| Germany (%) | 7.133 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Ghana (%) | 33.236 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Greece (%) | 10.600 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Hong Kong SAR, China (%) | -0.238 Sep 2022 | quarterly | Mar 1974 - Sep 2022 |
| Hungary (%) | 18.022 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Iceland (%) | 10.560 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| India (%) | 11.216 Dec 2022 | quarterly | Jun 1997 - Dec 2022 |
| Indonesia (%) | 13.700 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Iran (%) | 59.102 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
| Ireland (%) | 16.636 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Israel (%) | 8.981 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Italy (%) | 7.097 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Ivory Coast (%) | 4.300 Sep 2022 | quarterly | Mar 1998 - Sep 2022 |
| Japan (%) | 1.655 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Jordan (%) | 6.168 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Kazakhstan (%) | 16.535 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Kenya (%) | 9.195 Jun 2022 | quarterly | Mar 2010 - Jun 2022 |
| South Korea (%) | 1.708 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Kosovo (%) | 13.461 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| Kuwait (%) | -20.153 Dec 2020 | quarterly | Mar 2011 - Dec 2020 |
| Kyrgyzstan (%) | 34.991 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Laos (%) | 7.166 2021 | yearly | 1985 - 2021 |
| Latvia (%) | 16.185 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 17.145 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Luxembourg (%) | 10.257 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Macau SAR, China (%) | -22.518 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| North Macedonia (%) | 17.024 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 9.925 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
| Malta (%) | 10.989 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Mauritius (%) | 18.547 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Mexico (%) | 10.463 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Moldova (%) | 10.136 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Mongolia (%) | 29.374 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Montenegro (%) | 14.088 Sep 2022 | quarterly | Mar 2011 - Sep 2022 |
| Morocco (%) | 7.550 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Mozambique (%) | 5.025 2021 | yearly | 1964 - 2021 |
| Nepal (%) | 13.427 2022 | yearly | 2002 - 2022 |
| Netherlands (%) | 10.328 Dec 2022 | quarterly | Mar 1989 - Dec 2022 |
| New Zealand (%) | 12.271 Sep 2022 | quarterly | Jun 1988 - Sep 2022 |
| Nigeria (%) | 15.184 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
| Norway (%) | 12.221 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
| Oman (%) | 30.345 Sep 2022 | quarterly | Mar 2006 - Sep 2022 |
| Pakistan (%) | 19.992 2022 | yearly | 2001 - 2022 |
| Palestinian Territory (%) | 4.705 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Panama (%) | 11.682 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Paraguay (%) | 7.895 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 13.985 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
| Poland (%) | 17.246 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Portugal (%) | 10.097 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| Qatar (%) | 30.666 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Romania (%) | 17.014 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Russia (%) | 7.606 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Saudi Arabia (%) | 13.526 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Serbia (%) | 12.689 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Singapore (%) | 6.473 Dec 2022 | quarterly | Mar 1976 - Dec 2022 |
| Slovakia (%) | 9.636 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Slovenia (%) | 11.193 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| South Africa (%) | 8.938 Sep 2022 | quarterly | Mar 1961 - Sep 2022 |
| Spain (%) | 8.679 Sep 2022 | quarterly | Mar 1971 - Sep 2022 |
| Sri Lanka (%) | 45.244 Sep 2022 | quarterly | Mar 2003 - Sep 2022 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 6.005 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 48.615 2020 | yearly | 1971 - 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -9.6 2019 | yearly | 1988 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -9,912.505 2021 | yearly | 1988 - 2021 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.5 2020 | yearly | 1986 - 2020 |
| National Government Debt (USD mn) | 851.5 Jan 2023 | monthly | Dec 1993 - Jan 2023 |
| Government Debt: % of GDP (%) | 3.2 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Forecast: Government Expenditure (KWD bn) | 27.150 2027 | yearly | 1990 - 2027 |
| Forecast: Government Net Debt (KWD bn) | 7.632 2027 | yearly | 1991 - 2027 |
| Forecast: Government Revenue (KWD bn) | 28.077 2027 | yearly | 1990 - 2027 |
| Government Fiscal Balance: ytd (KWD mn) | -2,991.084 Mar 2022 | monthly | Apr 2018 - Mar 2022 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 383.685 Feb 2022 | monthly | Apr 2018 - Feb 2022 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 1,402.323 Feb 2022 | monthly | Apr 2018 - Feb 2022 |
| Government Revenue: ytd: Non Oil (KWD mn) | 2,395.923 Mar 2022 | monthly | Apr 2018 - Mar 2022 |
| Government Revenue: ytd (KWD mn) | 15,979.052 Feb 2022 | monthly | Apr 2018 - Feb 2022 |
| Government Expenditure: ytd: Current (KWD mn) | 14,978.234 Feb 2022 | monthly | Apr 2018 - Feb 2022 |
| Government Expenditure: ytd (KWD mn) | 21,604.005 Mar 2022 | monthly | Apr 2018 - Mar 2022 |
| 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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.857 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports (USD mn) | 5,006.5 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports Growth (%) | 61.8 Mar 2021 | monthly | Jan 1994 - Mar 2021 |
| Aluminum: Exports (USD th) | 17,922.605 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 46,166.543 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 2,633.295 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 3,189.5 Mar 2021 | monthly | Jan 1992 - Mar 2021 |
| Total Imports Growth (%) | 27.7 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Imports: Medicament (USD th) | 1,031,271.480 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 357,064.993 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 3.697 Nov 2022 | monthly | Jan 1973 - Nov 2022 |
| Total Imports from USA (USD mn) | 266.038 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Exports to China (USD mn) | 27.186 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Imports from China (USD mn) | 505.174 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| 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 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 4,858.4 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Current Account Balance (USD mn) | 17,098.1 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Current Account Balance: % of GDP (%) | 0.5 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Direct Investment (USD mn) | 372.4 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Foreign Direct Investment: % of GDP (%) | -1.4 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Portfolio Investment (USD mn) | -550.515 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 3.1 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 12.0 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -562.539 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| External Debt (USD mn) | 62,350.7 Sep 2022 | quarterly | Mar 2018 - Sep 2022 |
| External Debt: % of GDP (%) | 58.5 2020 | yearly | 2014 - 2020 |
| Forecast: Current Account Balance (USD bn) | 29.190 2027 | yearly | 1980 - 2027 |
| Net International Investment Position (USD mn) | 90,220.165 2021 | yearly | 2001 - 2021 |
| 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 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 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: Liabilities (KWD mn) | 10.000 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: 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: CA: Debit (KWD mn) | 0.000 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| Household Debt: % of GDP (%) | 1.5 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Money Supply M1 (USD mn) | 38,502.374 Jan 2023 | monthly | Jan 1994 - Jan 2023 |
| Money Supply M2 (USD mn) | 127,862.780 Jan 2023 | monthly | Jan 1994 - Jan 2023 |
| M2 Growth (%) | 6.6 Jan 2023 | monthly | Jan 1995 - Jan 2023 |
| Foreign Exchange Reserves (USD mn) | 43,114.1 Jan 2023 | monthly | Jan 1964 - Jan 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 42.914 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 14.0 Jun 2022 | quarterly | Mar 1973 - Jun 2022 |
| Gold Reserves (USD mn) | 103.815 Jan 2023 | monthly | Dec 1961 - Jan 2023 |
| Total Deposits (USD mn) | 154,598.985 Jan 2023 | monthly | Jan 1994 - Jan 2023 |
| Total Deposits Growth (%) | 4.2 Jan 2023 | monthly | Jan 1995 - Jan 2023 |
| Domestic Credit (USD mn) | 128,823.3 Jan 2023 | monthly | Jan 1994 - Jan 2023 |
| Domestic Credit Growth (%) | 4.2 Jan 2023 | monthly | Jan 1995 - Jan 2023 |
| Household Debt (USD mn) | 990.0 Jan 2023 | monthly | Jan 2002 - Jan 2023 |
| Total Loans (USD mn) | 171,814.311 Jan 2023 | monthly | Jan 1994 - Jan 2023 |
| Total Loans Growth (%) | 8.56 Jan 2023 | monthly | Jan 1995 - Jan 2023 |
| Private Debt: % of Nominal GDP (%) | 134.08 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
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National Accounts
GDP: by Expenditure: 1995 Price
GDP: by Expenditure: 2010 Price
GDP: by Industry: 1995 Price
GDP: by Industry: 2010 Price: Annual
GDP Deflator
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Gross National Product per Capita
Contribution to GDP
GDP: by Expenditure: 2000 Price
GDP: by Expenditure: Current Price
GDP: by Industry: 2000 Price
GDP: by Industry: Current Price: Annual
GDP: Main Aggregates
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP