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Kuwait Economic Indicators

Latest economic indicators and statistics for Kuwait.

Indicator Current Value Previous Value Frequency Period
GDP $160.23B $165.38B Yearly 2024
GDP Annual Growth Rate -2.56% -1.67% Yearly 2024
GDP Growth Rate (YoY) 1% -0.8% Quarterly Q1 2025
GDP per Capita $23,500.26 $24,716.2 Yearly 2024
GDP per Capita PPP $45,426.95 $47,777.4 Yearly 2024
R&D Expenditure (% GDP) 0.1% 0.08% Yearly 2023
Real GDP $116.89B $119.96B Yearly 2024
Annual Inflation Rate 2.9% 3.64% Yearly 2024
Inflation Rate 2.4% 2.3% Monthly Jul'25
Inflation Rate MoM 0.2% 0.3% Monthly Jul'25
Annual Unemployment Rate 2.1% 2.1% Yearly 2024
Female Labor Force Rate 48.58% 48.87% Yearly 2024
Annual Exports $83.98B $99.78B Yearly 2023
Annual Imports $37.49B $35.93B Yearly 2023
Balance of Trade KWD 1.7B KWD 2.5B Quarterly Q2 2025
Exports KWD 5B KWD 5.7B Quarterly Q2 2025
Exports (% GDP) 60.45% 51.73% Yearly 2022
FDI Inflows (% GDP) 0.38% 1.28% Yearly 2024
Imports KWD 3.3B KWD 3.1B Quarterly Q2 2025
Imports (% GDP) 30.47% 30.27% Yearly 2022
Net Trade (Goods & Services, BoP) $28.19B $32.05B Yearly 2024
Tariff Rate 4.64% 3.86% Yearly 2022
Trade (% GDP) 90.92% 82% Yearly 2022
Current Account to GDP Ratio 28.2% 31.4% Yearly Dec'24
Debt to GDP Ratio 3% 3.2% Yearly Dec'24
Interest Rate 3.75% 4% Daily Sep 18, 2025
Private Credit (% GDP) 91.96% 90.63% Yearly 2019
Adult Literacy Rate 96% 96% Yearly 2020
Happiness Index 6.63 points 6.95 points Yearly 2024
Homicide Rate 0.25 0.36 Yearly 2020
Population 4.97M 4.85M Yearly 2024
Agricultural Land (%) 8.42% 8.42% Yearly 2022
Annual CO2 Emissions 99.23M tonnes 97.46M tonnes Yearly 2023
Forest Area (%) 0.35% 0.35% Yearly 2022
Corruption Control 0.21 points 0.13 points Yearly 2023
Political stability index 0.41 points 0.29 points Yearly 2023
Infant Mortality Rate 7.6 7.6 Yearly 2023
Life Expectancy 83.19 80.59 Yearly 2023
Physicians per 1,000 people 2.29 2.6 Yearly 2020
Electricity Access 100% 100% Yearly 2023
Internet Users 99.7% 99.7% Yearly 2023
Travel Earnings $524M $1.2B Yearly 2020
Visitor Arrivals 2.16M 8.56M Yearly 2020