Kuwait KW: GDP: PPP

1992 - 2016 | Yearly | Intl $ mn | World Bank

Kuwait KW: GDP: PPP data was reported at 297,594.271 Intl $ mn in 2017. This records a decrease from the previous number of 300,961.093 Intl $ mn for 2016. Kuwait KW: GDP: PPP data is updated yearly, averaging 178,116.346 Intl $ mn from Dec 1992 to 2017, with 26 observations. The data reached an all-time high of 300,961.093 Intl $ mn in 2016 and a record low of 58,504.974 Intl $ mn in 1992. Kuwait KW: GDP: PPP 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: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;

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Kuwait Kuwait KW: GDP: PPP
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Kuwait Kuwait KW: GDP: PPP

What was Kuwait's Kuwait KW: GDP: PPP in 2016?

Last Previous Min Max Unit Frequency Range
300,961.09 2016 286,990.24 2015 58,504.97 1992 300,961.09 2016 Intl $ mn yearly 1992 - 2016

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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 (%) -10.1 Dec 2020 quarterly Mar 2011 - Dec 2020
GDP per Capita (USD) 22,682.592 2020 yearly 1993 - 2020
Gross National Product (GNP) (USD mn) 154,464.291 2019 yearly 1964 - 2019
Gross Savings Rate (%) 31.1 2019 yearly 1970 - 2019
Investment: % of GDP (%) 24.6 2019 yearly 1962 - 2019
Nominal GDP (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Nominal GDP Growth (%) -11.726 Sep 2023 quarterly Mar 2011 - Sep 2023
Private Consumption Expenditure (USD mn) 56,322.765 2019 yearly 1962 - 2019
Private Consumption: % of GDP (%) 40.6 2019 yearly 1962 - 2019
Public Consumption Expenditure (USD mn) 34,349.530 2019 yearly 1962 - 2019
Public Consumption: % of GDP (%) 24.8 2019 yearly 1962 - 2019
Real GDP Growth (%) 0.3 Sep 2023 quarterly Jun 2010 - Sep 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 96.410 2019 yearly 1962 - 2019
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) 135,203,800.000 2021 yearly 2009 - 2021
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (KWD bn) 28.396 2028 yearly 1985 - 2028
Forecast: Government Net Debt (KWD bn) 9.523 2028 yearly 1991 - 2028
Forecast: Government Revenue (KWD bn) 29.444 2028 yearly 1985 - 2028
Government Debt: % of GDP (%) 0.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
National Government Debt (USD mn) 683.0 Feb 2024 monthly Dec 1993 - Feb 2024
Consolidated Fiscal Balance (USD mn) 20,955.438 2022 yearly 1988 - 2022
Tax Revenue: % of GDP (%) 1.0 2022 yearly 1986 - 2022
Consolidated Fiscal Balance: % of GDP (%) 11.7 2022 yearly 1988 - 2022
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 2,546,099.000 2021 yearly 1999 - 2021
Forecast: Population (Person mn) 5.318 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 2.200 2028 yearly 2002 - 2028
Labour Force Participation Rate (%) 71.5 2023 yearly 1990 - 2023
Labour Productivity Growth (%) 1.29 2018 yearly 1993 - 2018
Population (Person mn) 4.7 2022 yearly 1990 - 2022
Unemployment Rate (%) 0.93 2021 yearly 1999 - 2021
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 16,653.000 Dec 2022 semiannually Dec 2005 - Dec 2022
Motor Vehicle Sales: Passenger Cars (Unit) 93,465.000 Dec 2022 semiannually Dec 2005 - Dec 2022
Motor Vehicles Sales (Unit) 110,118 2022 yearly 2005 - 2022
Motor Vehicles Sales Growth (%) 9.9 2022 yearly 2006 - 2022
Number of Registered Vehicles (Unit) 2,583,988 2022 yearly 1995 - 2022

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