Kuwait - Gross value added at factor cost
Gross value added at factor cost (current US$)
The latest value for Gross value added at factor cost (current US$) in Kuwait was $112,430,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $188,506,000,000 in 2012 and $26,928,480,000 in 1998.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1995 | $27,515,750,000 |
| 1996 | $31,894,790,000 |
| 1997 | $31,076,820,000 |
| 1998 | $26,928,480,000 |
| 1999 | $31,312,090,000 |
| 2000 | $37,461,860,000 |
| 2001 | $34,613,960,000 |
| 2002 | $37,818,690,000 |
| 2003 | $47,423,160,000 |
| 2004 | $58,891,080,000 |
| 2005 | $80,204,110,000 |
| 2006 | $100,905,000,000 |
| 2007 | $113,881,000,000 |
| 2008 | $146,587,000,000 |
| 2009 | $105,279,000,000 |
| 2010 | $124,910,000,000 |
| 2011 | $166,164,000,000 |
| 2012 | $188,506,000,000 |
| 2013 | $187,455,000,000 |
| 2014 | $176,989,000,000 |
| 2015 | $124,188,000,000 |
| 2016 | $116,364,000,000 |
| 2017 | $128,006,000,000 |
| 2018 | $146,629,000,000 |
| 2019 | $145,447,000,000 |
| 2020 | $112,430,000,000 |
Gross value added at factor cost (current LCU)
The value for Gross value added at factor cost (current LCU) in Kuwait was 34,426,120,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 53,162,300,000 in 2013 and a minimum value of 8,207,800,000 in 1998.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1995 | 8,210,700,000 |
| 1996 | 9,549,300,000 |
| 1997 | 9,425,601,000 |
| 1998 | 8,207,800,000 |
| 1999 | 9,531,400,000 |
| 2000 | 11,493,300,000 |
| 2001 | 10,616,100,000 |
| 2002 | 11,493,100,000 |
| 2003 | 14,132,100,000 |
| 2004 | 17,355,200,000 |
| 2005 | 23,419,600,000 |
| 2006 | 29,282,700,000 |
| 2007 | 32,364,900,000 |
| 2008 | 39,402,700,000 |
| 2009 | 30,299,400,000 |
| 2010 | 35,799,100,000 |
| 2011 | 45,861,200,000 |
| 2012 | 52,762,800,000 |
| 2013 | 53,162,300,000 |
| 2014 | 50,371,100,000 |
| 2015 | 37,368,200,000 |
| 2016 | 35,153,700,000 |
| 2017 | 38,824,350,000 |
| 2018 | 44,282,020,000 |
| 2019 | 44,157,790,000 |
| 2020 | 34,426,120,000 |
Gross value added at factor cost (constant 2010 US$)
The latest value for Gross value added at factor cost (constant 2010 US$) in Kuwait was 114,105,000,000 as of 2020. Over the past 10 years, the value for this indicator has fluctuated between 127,854,000,000 in 2016 and 103,979,000,000 in 2010.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2010 | 103,979,000,000 |
| 2011 | 114,747,000,000 |
| 2012 | 123,401,000,000 |
| 2013 | 124,179,000,000 |
| 2014 | 125,319,000,000 |
| 2015 | 124,188,000,000 |
| 2016 | 127,854,000,000 |
| 2017 | 122,761,000,000 |
| 2018 | 125,662,000,000 |
| 2019 | 125,191,000,000 |
| 2020 | 114,105,000,000 |
Gross value added at factor cost (constant LCU)
The value for Gross value added at factor cost (constant LCU) in Kuwait was 39,285,220,000 as of 2020. As the graph below shows, over the past 10 years this indicator reached a maximum value of 44,018,900,000 in 2016 and a minimum value of 35,799,100,000 in 2010.
Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2010 | 35,799,100,000 |
| 2011 | 39,506,300,000 |
| 2012 | 42,485,900,000 |
| 2013 | 42,753,700,000 |
| 2014 | 43,146,100,000 |
| 2015 | 42,756,900,000 |
| 2016 | 44,018,900,000 |
| 2017 | 42,265,500,000 |
| 2018 | 43,264,190,000 |
| 2019 | 43,102,060,000 |
| 2020 | 39,285,220,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
