Flag of kw

Kuwait GDP per Capita

Kuwait's GDP per capita fell to $23,500.26 in 2024, down from $24,716.2 in 2023, according to World Bank. This represents a decrease of 4.9% ($1,215.94) from the previous year. Kuwait has GDP per capita higher than the global median ($23,500 vs median $6,791). Compared with the median in Asia, Kuwait is higher ($23,500 vs regional median $5,378) and ranks 12th out of 47 countries in Asia.

Kuwait's GDP fell to $160.23 billion in 2024, down from $165.38 billion in 2023.

Yearly Historical Data (1970-2024)

(in USD)
Year GDP per Capita (USD)
2024 23,500.26
2023 24,716.2
2022 26,579.83
2021 26,203.26
2020 25,541.41
2019 26,580.23
2018 26,706.02
2017 27,048.37
2016 29,454.44
2015 29,882.21
2014 31,073.15
2013 32,311.18
2012 33,578.33
2011 33,545.35
2010 32,568.5
2009 35,124.09
2008 39,852.51
2007 41,113.87
2006 41,137.97
2005 40,451.26
2004 37,918.54
2003 35,169.63
2002 30,702.22
2001 30,573.43
2000 31,341.98
1999 30,798.09
1998 32,306.67
1997 32,152.44
1996 32,417.96
1995 33,156.85
1994 31,946.49
1993 29,323.85
1992 22,382.84
1991 14,812.92
1990 20,140.78
1989 20,743.69
1988 17,116.07
1987 19,786.36
1986 19,042.38
1985 18,264.44
1984 19,848.78
1983 19,686.2
1982 19,135.91
1981 22,766.1
1980 29,547.76
1979 38,757.81
1978 36,140.32
1977 35,866.61
1976 39,811.74
1975 39,840.76
1974 48,324.53
1973 58,987.77
1972 67,066.74
1971 68,673.33
1970 68,591.71
Kuwait GDP per Capita : Definition
GDP per Capita measures total economic output for Kuwait divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $160.23B $165.38B 2024
GDP Annual Growth Rate -2.56% -1.67% 2024
GDP Growth Rate (YoY) 1% -0.8% Mar'25
GDP per Capita PPP $45,426.95 $47,777.4 2024
R&D Expenditure (% GDP) 0.1% 0.08% 2023
Real GDP $116.89B $119.96B 2024