Kuwait Economic Statistics and Indicators

Welcome to the Kuwait economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Kuwait › Change country
National or Regional Currency: Kuwaiti Dinar, KWD
Year of data: 2013 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2018
Date of Last Update: 6th May 2013
Population: 2,595,628 (July 2011 est.) note: includes 1,291,354 non-nationals
Area: total: 17,818 sq km land: 17,818 sq km water: 0 sq km
Natural Resources: petroleum, fish, shrimp, natural gas
Capital: name: Kuwait City geographic coordinates: 29 22 N, 47 58 E time difference: UTC+3 (8 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Kuwait has a small, rich and free economy with self-reported crude oil and gas reserves. Petroleum accounts for the majority of its GDP, export earnings, and government income. Its economy is vulnerable to changes in oil and gas prices. Kuwait experiences rapid economic growth when prices rise, and low financial surplus when prices are low. The Kuwait has vowed to use its considerable financial resources to stabilize its economy if necessary.
More on the Kuwait Economy
More on the Kuwait Export, Import and Trade

Economic Indicator Listing
  For Kuwait in year 2013 Indicator Value
GDP Growth (Constant Prices, National Currency) 1.055 %
GDP (Current Prices, National Currency)KWD 48.204 Billion.
GDP (Current Prices, US Dollars)US$ 173.438 Billion
GDP Deflator 235.868 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)KWD 5,253.59 .
GDP Per Capita (Current Prices, National Currency)KWD 12,391.56 .
GDP Per Capita (Current Prices, US Dollars)US$ 44,584.84
GDP (PPP), US DollarsUS$ 155.063 Billion
GDP Per Capita (PPP), US DollarsUS$ 39,861.23
GDP Share of World Total (PPP) 0.178 %
Implied PPP Conversion Rate 0.311
Investment (% of GDP) 18.417 %
Gross National Savings (% of GDP) 59.24 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 166.116 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 3.326 %
Inflation, End of Year (Indexed to Year 2000) 145.785 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 3.326 %
Import Volume of All Items Including Goods and Services (Percent Change) 7.889 %
Import Volumes of Goods Only (Percent Change) 7.889 %
Export Volume of All Items Including Goods and Services (Percent Change) -4.175 %
Export Volumes of Goods Only (Percent Change) -4.175 %
Value of Oil ImportsUS$ 0 Billions
Value of Oil ExportsUS$ 100.726 Billions
Unemployment Rate (% of Labour Force) 2.072 %
Population 3.89 Million
General government revenue (National Currency)KWD 33.868 Billions.
General government revenue (% of GDP) 70.253 %
General government total expenditure (National Currency)KWD 20.897 Billions.
General government total expenditure (% of GDP) 43.348 %
Total Government Net Lending/ Borrowing (National Currency)KWD 12.97 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 26.905 %
General Government Balance (National Currency)KWD 7.983 Billion.
General Government Balance (% of GDP) 16.56 %
Total Government Gross Debt (National Currency)KWD 3.439 Billion.
Total Government Gross Debt (% of GDP) 7.134 %
Fiscal Year Gross Domestic Product, Current PricesKWD 48.208 Billions.
Current Account Balance (US Dollars)US$ 70.804 Billion
Current Account Balance (% GDP) 40.824 %
Economic Indicators for Kuwait 2013

GDP (Constant Prices, National Currency) for Kuwait in year 2013 is KWD 20.437 Billion.

GDP Growth (Constant Prices, National Currency) for Kuwait in year 2013 is 1.055 %.

GDP (Current Prices, National Currency) for Kuwait in year 2013 is KWD 48.204 Billion.

GDP (Current Prices, US Dollars) for Kuwait in year 2013 is US$ 173.438 Billion.

GDP Deflator for Kuwait in year 2013 is 235.868 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Kuwait in year 2013 is KWD 5,253.59 .

GDP Per Capita (Current Prices, National Currency) for Kuwait in year 2013 is KWD 12,391.56 .

GDP Per Capita (Current Prices, US Dollars) for Kuwait in year 2013 is US$ 44,584.84 .

GDP (PPP), US Dollars for Kuwait in year 2013 is US$ 155.063 Billion.

GDP Per Capita (PPP), US Dollars for Kuwait in year 2013 is US$ 39,861.23 .

GDP Share of World Total (PPP) for Kuwait in year 2013 is 0.178 %.

Implied PPP Conversion Rate for Kuwait in year 2013 is 0.311 .

Investment (% of GDP) for Kuwait in year 2013 is 18.417 %.

Gross National Savings (% of GDP) for Kuwait in year 2013 is 59.24 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Kuwait in year 2013 is 166.116 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Kuwait in year 2013 is 3.326 %.

Inflation, End of Year (Indexed to Year 2000) for Kuwait in year 2013 is 145.785 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Kuwait in year 2013 is 3.326 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Kuwait in year 2013 is 7.889 %.

Import Volumes of Goods Only (Percent Change) for Kuwait in year 2013 is 7.889 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Kuwait in year 2013 is -4.175 %.

Export Volumes of Goods Only (Percent Change) for Kuwait in year 2013 is -4.175 %.

Value of Oil Imports for Kuwait in year 2013 is US$ 0 Billions.

Value of Oil Exports for Kuwait in year 2013 is US$ 100.726 Billions.

Unemployment Rate (% of Labour Force) for Kuwait in year 2013 is 2.072 %.

Population for Kuwait in year 2013 is 3.89 Million .

General government revenue (National Currency) for Kuwait in year 2013 is KWD 33.868 Billions.

General government revenue (% of GDP) for Kuwait in year 2013 is 70.253 %.

General government total expenditure (National Currency) for Kuwait in year 2013 is KWD 20.897 Billions.

General government total expenditure (% of GDP) for Kuwait in year 2013 is 43.348 %.

Total Government Net Lending/ Borrowing (National Currency) for Kuwait in year 2013 is KWD 12.97 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Kuwait in year 2013 is 26.905 %.

General Government Balance (National Currency) for Kuwait in year 2013 is KWD 7.983 Billion.

General Government Balance (% of GDP) for Kuwait in year 2013 is 16.56 %.

Total Government Gross Debt (National Currency) for Kuwait in year 2013 is KWD 3.439 Billion.

Total Government Gross Debt (% of GDP) for Kuwait in year 2013 is 7.134 %.

Fiscal Year Gross Domestic Product, Current Prices for Kuwait in year 2013 is KWD 48.208 Billions.

Current Account Balance (US Dollars) for Kuwait in year 2013 is US$ 70.804 Billion.

Current Account Balance (% GDP) for Kuwait in year 2013 is 40.824 %.

* Source: IMF
Aggregate Indicators for Kuwait
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Kuwait
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Kuwait
  Natural Resources, Agricultural Products, Land Use and Water Use for Kuwait
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Kuwait
  Age Structure, Median Age, Gender and Urbanization for Kuwait
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Kuwait
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Kuwait
  HIV, AIDS and Other Major Infectious Disease Rates for Kuwait
  Nationality, Ethnic Groups, Languages and Religions for Kuwait
  Literacy Rate, Educational Expenditure and School Life Expectancy for Kuwait
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Kuwait
  Labor Force by Occupation for Kuwait
  Poverty Line, Gini Index, Household Income and Consumption for Kuwait
  National Budget and Public Debt for Kuwait
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Kuwait
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Kuwait
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Kuwait
  Industries and Industrial Growth Production Rate for Kuwait
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Kuwait
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Kuwait
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Kuwait
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Kuwait
  Foreign Exchange Reserves and Gold Reserves for Kuwait
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Kuwait
  Exchange Rate Statistics for Kuwait
  Television and Radio Statistics (TV Stats, Radio Stats) for Kuwait
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Kuwait
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Kuwait
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Kuwait
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Kuwait
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Kuwait
* Source: CIA
Internet Indicators for Kuwait
Indicators
  Number of Internet Users for Kuwait
  Internet Penetration Rate for Kuwait
  Number of Facebook Accounts for Kuwait
  Facebook Penetration Rate for Kuwait
* Source: IWS
Economic Freedom Indicators for Kuwait
Indicators
  Economic Freedom World Rank for Kuwait
  Economic Freedom Regional Ranking for Kuwait
  Business Freedom for Kuwait
  Trade Freedom for Kuwait
  Fiscal Freedom for Kuwait
  Government Spending for Kuwait
  Monetary Freedom for Kuwait
  Investment Freedom for Kuwait
  Financial Freedom for Kuwait
  Property Rights for Kuwait
  Freedom from Corruption for Kuwait
  Labor Freedom for Kuwait
  Tariff Rate for Kuwait
  Income Tax Rate for Kuwait
  Corporate Tax Rate for Kuwait
  Tax Burden % of GDP for Kuwait
  Government Expenditure % of GDP for Kuwait
* Source: HFO
Kuwait Economic Indicators in other Years
  Kuwait Economic Indicators for Year 2018 (Forecast)
  Kuwait Economic Indicators for Year 2017 (Forecast)
  Kuwait Economic Indicators for Year 2016 (Forecast)
  Kuwait Economic Indicators for Year 2015 (Forecast)
  Kuwait Economic Indicators for Year 2014 (Forecast)
Kuwait Economic Indicators for Year 2013 (Current)
  Kuwait Economic Indicators for Year 2012
  Kuwait Economic Indicators for Year 2011
  Kuwait Economic Indicators for Year 2010
  Kuwait Economic Indicators for Year 2009
  Kuwait Economic Indicators for Year 2008
  Kuwait Economic Indicators for Year 2007
  Kuwait Economic Indicators for Year 2006
  Kuwait Economic Indicators for Year 2005
  Kuwait Economic Indicators for Year 2004
  Kuwait Economic Indicators for Year 2003
  Kuwait Economic Indicators for Year 2002
  Kuwait Economic Indicators for Year 2001
  Kuwait Economic Indicators for Year 2000
  Kuwait Economic Indicators for Year 1999
  Kuwait Economic Indicators for Year 1998
  Kuwait Economic Indicators for Year 1997
  Kuwait Economic Indicators for Year 1996
  Kuwait Economic Indicators for Year 1995
  Kuwait Economic Indicators for Year 1994
  Kuwait Economic Indicators for Year 1993
  Kuwait Economic Indicators for Year 1992
  Kuwait Economic Indicators for Year 1991
  Kuwait Economic Indicators for Year 1990
  Kuwait Economic Indicators for Year 1989
  Kuwait Economic Indicators for Year 1988
  Kuwait Economic Indicators for Year 1987
  Kuwait Economic Indicators for Year 1986
  Kuwait Economic Indicators for Year 1985
  Kuwait Economic Indicators for Year 1984
  Kuwait Economic Indicators for Year 1983
  Kuwait Economic Indicators for Year 1982
  Kuwait Economic Indicators for Year 1981
  Kuwait Economic Indicators for Year 1980