27, May 2012, CEST. Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Kuwait › Change country
Economic Indicator: GDP (Current Prices, National Currency) › See all Kuwait indicators, › See GDP (Current Prices, National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kuwaiti Dinar
Currency Symbol: KWD

GDP is expressed in billions of national currency units. Source: Ministry of Planning and Central Statistical Office Latest actual data: 2009. The latest year of data for national accounts at constant prices is 2007. Notes: Real GDP data for the period 1990-1999 have been adjusted by desk economist to account for breaks in the source data. The breaks are associated with changes in the base year from 1984 to 1995 and subsequently to 2000. Only pre-revision data exist for the period prior to 1995. Simple rebasing technique does not apply because even the nominal data were revised back to 1995. Using the pre-revision data, desk economist recalculated the constant price data for the period prior to 1995 so that y-o-y change of each component remains unchanged. A similar adjustment was made to the period 1995-1999. National accounts manual used: SNA

GDP (Current Prices, National Currency) for Kuwait is KWD 37.631 Billion.

In the previous year, 2009, GDP (Current Prices, National Currency) for Kuwait was KWD 31.50 Billion GDP (Current Prices, National Currency) for Kuwait in 2010 was or will be 19.46% more than it was or will be in 2009.

In the following or forecasted year, 2011, GDP (Current Prices, National Currency) for Kuwait was or will be KWD 48.61 Billion, which is 29.18% more than the 2010 figure.