Kuwait Fiscal Year Gross Domestic Product, Current Prices Statistics

23, Aug 2019, EDT.

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: Fiscal Year Gross Domestic Product, Current Prices › See all Kuwait indicators, › See Fiscal Year Gross Domestic Product, Current Prices data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kuwaiti Dinar
Currency Symbol: KWD

Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices. Source: Ministry of Finance or Treasury Latest actual data: 2014. FY 2013/14 Fiscal assumptions: Staff projections Start/end months of reporting year: January/December. Source data comes in fiscal year (March/April) basis. Calendar year data calculated by IMF staff using a weighted average of the fiscal data. GFS Manual used: Government Finance Statistics Manual (GFSM) 1986 Basis of recording: Cash. Some transactions recorded on accrual basis. General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Kuwaiti dinar Data last updated: 03/2016

Fiscal Year Gross Domestic Product, Current Prices Statistics for Kuwait , Year 2015 - In Detail

Fiscal Year Gross Domestic Product, Current Prices for Kuwait is KWD 36.071 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

In the previous year, 2014, Fiscal Year Gross Domestic Product, Current Prices for Kuwait was KWD 48.92 Billions Fiscal Year Gross Domestic Product, Current Prices for Kuwait in 2015 was or will be 26.27% less than it was or will be in 2014.

In the following or forecasted year, 2016, Fiscal Year Gross Domestic Product, Current Prices for Kuwait was or will be KWD 32.24 Billions, which is 10.63% more than the 2015 figure.

* Source: IMF
Fiscal Year Gross Domestic Product, Current Prices for Kuwait, in other Years
Year Billions
  2021 50.211
  2020 46.861
  2019 43.462
  2018 39.842
  2017 36.391
  2016 32.235
2015 36.071
  2014 48.92
  2013 49.863
  2012 48.721
  2011 42.511
  2010 33.079
  2009 30.496
  2008 39.62
  2007 32.581
  2006 29.47
  2005 23.595
  2004 17.517
  2003 14.258
  2002 11.589
  2001 10.696
  2000 11.571
  1999 9.17
  1998 7.906
  1997 9.207
  1996 9.429
  1995 8.114
  1994 7.38
  1993 7.231
  1992 5.827
  1991 3.131
  1990 5.328
  1989 7.143
  1988 5.773
  1987 6.233
  1986 5.203
  1985 6.45
  1984 6.425
  1983 6.083
  1982 6.214
  1981 7.039
  1980 7.764