Kuwait - GDP per capita

GDP per capita (current US$)

The latest value for GDP per capita (current US$) in Kuwait was $24,812 as of 2020. Over the past 55 years, the value for this indicator has fluctuated between $55,495 in 2008 and $3,861 in 1970.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 U.S. dollars.

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

See also:

Year Value
1965 $4,443
1966 $4,571
1967 $4,231
1968 $4,208
1969 $4,020
1970 $3,861
1971 $4,859
1972 $5,225
1973 $5,972
1974 $13,522
1975 $11,768
1976 $12,093
1977 $12,254
1978 $12,663
1979 $19,093
1980 $20,924
1981 $17,409
1982 $14,312
1983 $13,234
1984 $13,133
1985 $12,357
1986 $9,771
1987 $11,535
1988 $10,169
1989 $11,617
1990 $8,795
1991 $5,420
1995 $16,932
1996 $19,358
1997 $17,749
1998 $14,166
1999 $15,435
2000 $18,440
2001 $16,587
2002 $17,846
2003 $22,148
2004 $27,012
2005 $35,591
2006 $42,782
2007 $45,782
2008 $55,495
2009 $37,562
2010 $38,578
2011 $48,632
2012 $51,979
2013 $49,388
2014 $44,062
2015 $29,870
2016 $27,653
2017 $29,759
2018 $33,399
2019 $32,373
2020 $24,812

GDP per capita (current LCU)

The value for GDP per capita (current LCU) in Kuwait was 7,597 as of 2020. As the graph below shows, over the past 55 years this indicator reached a maximum value of 14,917 in 2008 and a minimum value of 1,379 in 1970.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 local currency.

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

Year Value
1965 1,587
1966 1,632
1967 1,511
1968 1,503
1969 1,435
1970 1,379
1971 1,730
1972 1,718
1973 1,771
1974 3,965
1975 3,413
1976 3,536
1977 3,512
1978 3,484
1979 5,277
1980 5,656
1981 4,853
1982 4,121
1983 3,858
1984 3,889
1985 3,717
1986 2,839
1987 3,215
1988 2,837
1989 3,413
1990 2,533
1991 1,541
1995 5,053
1996 5,796
1997 5,383
1998 4,318
1999 4,698
2000 5,658
2001 5,087
2002 5,424
2003 6,600
2004 7,960
2005 10,393
2006 12,415
2007 13,011
2008 14,917
2009 10,810
2010 11,056
2011 13,422
2012 14,549
2013 14,006
2014 12,540
2015 8,988
2016 8,354
2017 9,026
2018 10,087
2019 9,829
2020 7,597

GDP per capita (constant 2010 US$)

The latest value for GDP per capita (constant 2010 US$) in Kuwait was 24,429 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 41,171 in 2007 and 24,429 in 2020.

Definition: GDP per capita is gross domestic product divided by midyear population. 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 2010 U.S. dollars.

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

See also:

Year Value
1995 34,712
1996 34,473
1997 33,603
1998 32,534
1999 29,979
2000 29,952
2001 29,186
2002 29,591
2003 34,322
2004 37,169
2005 39,850
2006 40,977
2007 41,171
2008 39,777
2009 34,800
2010 32,035
2011 33,167
2012 33,455
2013 32,136
2014 30,857
2015 29,870
2016 29,801
2017 27,702
2018 27,497
2019 27,156
2020 24,429

GDP per capita (constant LCU)

The value for GDP per capita (constant LCU) in Kuwait was 8,431 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 14,209 in 2007 and a minimum value of 8,431 in 2020.

Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices 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
1995 11,980
1996 11,897
1997 11,597
1998 11,228
1999 10,347
2000 10,337
2001 10,073
2002 10,213
2003 11,846
2004 12,828
2005 13,753
2006 14,142
2007 14,209
2008 13,728
2009 12,011
2010 11,056
2011 11,447
2012 11,546
2013 11,091
2014 10,650
2015 10,309
2016 10,285
2017 9,561
2018 9,490
2019 9,372
2020 8,431

GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Kuwait was 47,307 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 91,473 in 2007 and 44,686 in 2016.

Definition: GDP per capita based on purchasing power parity (PPP). 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 at purchaser's prices 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 based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 59,893
1996 60,568
1997 60,096
1998 58,839
1999 55,001
2000 56,179
2001 55,943
2002 57,618
2003 68,071
2004 75,701
2005 83,689
2006 88,661
2007 91,473
2008 90,096
2009 79,424
2010 73,966
2011 78,178
2012 82,680
2013 78,058
2014 70,082
2015 47,231
2016 44,686
2017 50,856
2018 51,691
2019 51,962
2020 47,307

GDP per capita, PPP (constant 2011 international $)

The latest value for GDP per capita, PPP (constant 2011 international $) in Kuwait was 44,847 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between 75,581 in 2007 and 44,847 in 2020.

Definition: GDP per capita based on purchasing power parity (PPP). 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 at purchaser's prices 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 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1995 63,725
1996 63,285
1997 61,688
1998 59,726
1999 55,035
2000 54,985
2001 53,579
2002 54,323
2003 63,009
2004 68,234
2005 73,156
2006 75,225
2007 75,581
2008 73,023
2009 63,886
2010 58,810
2011 60,888
2012 61,417
2013 58,995
2014 56,647
2015 54,834
2016 54,709
2017 50,856
2018 50,479
2019 49,854
2020 44,847

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts