Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing

1995 - 2024 | Yearly | KWD mn | World Bank

Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 242.252 KWD mn in 2024. This records an increase from the previous number of 238.135 KWD mn for 2023. Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 80.000 KWD mn from Dec 1995 (Median) to 2024, with 30 observations. The data reached an all-time high of 242.252 KWD mn in 2024 and a record low of 34.000 KWD mn in 1995. Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kuwait – Table KW.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;

View Kuwait's Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1995 to 2024 in the chart:

Kuwait Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing

What was Kuwait's Kuwait KW: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing in 2024?

Last Previous Min Max Unit Frequency Range
242.252 2024 238.135 2023 34.000 1995 242.252 2024 KWD mn yearly 1995 - 2024

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Kuwait Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 60,433.730 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 33,167.066 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.655 2027 yearly 1980 - 2027
GDP Deflator Growth (%) -9.3 Jun 2025 quarterly Mar 2011 - Jun 2025
GDP per Capita (USD) 32,121.103 2024 yearly 1993 - 2024
Gross National Product (GNP) (USD mn) 197,694.018 2023 yearly 1964 - 2023
Gross Savings Rate (%) 40.8 2023 yearly 1970 - 2023
Investment: % of GDP (%) 17.7 2023 yearly 1962 - 2023
Nominal GDP (USD mn) 37,718.7 Jun 2025 quarterly Mar 2010 - Jun 2025
Nominal GDP Growth (%) -7.792 Jun 2025 quarterly Mar 2011 - Jun 2025
Private Consumption Expenditure (USD mn) 63,346.999 2023 yearly 1962 - 2023
Private Consumption: % of GDP (%) 38.3 2023 yearly 1962 - 2023
Public Consumption Expenditure (USD mn) 40,682.970 2023 yearly 1962 - 2023
Public Consumption: % of GDP (%) 24.6 2023 yearly 1962 - 2023
Real GDP Growth (%) -2.1 Jun 2025 quarterly Jun 2010 - Jun 2025
Total Trade of Goods & Services: % of Nominal GDP (%) 96.080 2023 yearly 1962 - 2023
Gross Fixed Capital Formation (USD mn) 29,731.557 2019 yearly 1963 - 2019
Production Last Frequency Range
Industrial Production Index Growth (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Minerals Production (Metric Ton) 161,055,100.000 2023 yearly 2009 - 2023
Government and Public Finance Last Frequency Range
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 Debt: % of GDP (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
National Government Debt (USD mn) 6,701.5 Nov 2025 monthly Dec 1993 - Nov 2025
Consolidated Fiscal Balance (USD mn) -3,440.015 2024 yearly 1988 - 2024
Tax Revenue: % of GDP (%) 1.2 2024 yearly 1986 - 2024
Consolidated Fiscal Balance: % of GDP (%) -2.1 2024 yearly 1988 - 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,229,434.000 2025 yearly 1999 - 2025
Forecast: Population (Person mn) 5.318 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 2.200 2028 yearly 2002 - 2028
Labour Force Participation Rate (%) 73.8 2024 yearly 1990 - 2024
Labour Productivity Growth (%) -4.93 2024 yearly 1992 - 2024
Population (Person mn) 5.0 2024 yearly 1990 - 2024
Unemployment Rate (%) 0.93 2021 yearly 1999 - 2021
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 17,505.000 2024 yearly 2005 - 2024
Motor Vehicle Sales: Passenger Cars (Unit) 110,813.000 2024 yearly 2005 - 2024
Motor Vehicles Sales (Unit) 128,318 2024 yearly 2005 - 2024
Motor Vehicles Sales Growth (%) -0.9 2024 yearly 2006 - 2024
Number of Registered Vehicles (Unit) 2,814,775 2024 yearly 1995 - 2024

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