Kuwait - GDP (constant LCU)

The value for GDP (constant LCU) in Kuwait was 36,006,020,000 as of 2020. As the graph below shows, over the past 28 years this indicator reached a maximum value of 40,697,300,000 in 2016 and a minimum value of 12,627,970,000 in 1992.

Definition: 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1992 12,627,970,000
1993 16,920,270,000
1994 18,347,700,000
1995 19,239,080,000
1996 19,355,500,000
1997 19,834,230,000
1998 20,560,570,000
1999 20,192,740,000
2000 21,140,700,000
2001 21,185,800,000
2002 21,824,400,000
2003 25,605,700,000
2004 28,227,800,000
2005 31,222,500,000
2006 33,568,800,000
2007 35,580,100,000
2008 36,462,400,000
2009 33,882,300,000
2010 33,079,200,000
2011 36,264,200,000
2012 38,667,000,000
2013 39,111,400,000
2014 39,307,300,000
2015 39,540,400,000
2016 40,697,300,000
2017 38,779,600,000
2018 39,262,840,000
2019 39,430,680,000
2020 36,006,020,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts