Kuwait GDP Annual Growth Rate  1963-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Kuwait contracted 1.60 percent in 2014 from the previous year. GDP Annual Growth Rate in Kuwait averaged 3.56 percent from 1963 until 2014, reaching an all time high of 33.99 percent in 1993 and a record low of -20.62 percent in 1980. GDP Annual Growth Rate in Kuwait is reported by the Central Bank of Kuwait.

Kuwait GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.82 33.99 -20.62 1963 - 2014 percent Yearly
Kuwait holds the world´s sixth biggest proven reserves of oil as such oil sector accounts for 40 percent of GDP, 90 percent of total exports and 80 percent of state revenues. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent. . This page provides - Kuwait GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Kuwait GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -1.60 0.82 33.99 -20.62 percent [+]
GDP 163.61 174.16 174.16 1.83 USD Billion [+]
GDP Constant Prices 38477.00 39239.00 39239.00 572.00 KWD Million [+]
Gross Fixed Capital Formation 7363.60 6908.00 7363.60 96.00 KWD Million [+]
GDP per capita 30146.92 30786.68 36040.02 3815.53 USD [+]
GDP per capita PPP 69877.99 74181.33 95751.33 69877.99 USD [+]




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