Kuwait - GDP per capita (current US$) 1965 - 2022
Kuwait's gdp per capita (current us$) is currently $43,233.49 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Kuwait's gdp per capita (current us$) for 2022 was $43,233.49, a 34.32% increase from 2021, with a +$11,046 difference.
- In 2021 it was $32,186.77, a 32.47% increase from 2020, with a +$7,889 difference.
- In 2020 it was $24,297.70, a -20.77% increase from 2019.
- In 2019 it was $30,666.22, a -4.20% increase from 2018.
- In 2018 it was $32,012.14, a 9.41% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Kuwait is currently $20,420.73 (average of years with recorded data) with a lowest recorded value of $3,579.58 in 1970 and a highest value of $55,595.41 in 2008.For comparison, the world wide [World Bank] aggregate for 1970 was $812.22 and in 2008 it was $9,429.27. Essentially, in 1970, Kuwait contributed 440.71% to the world wide aggregate. While in 2008 it contributed 589.60% to the aggregate, recording a 33.78% increase in amounts contributed within the 38-year period. Nonetheless, the country recorded a 1,453.13% increase in gdp per capita (current us$) within the same period.
Similarly, from 1970 (when the lowest value was recorded) to 2022, Kuwait recorded a 1,107.78% increase in gdp per capita (current us$). The world aggregate recorded a 1,457.15% growth in the same period.
Kuwait's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1965 | $4,081.42 | |
| 1966 | $4,228.75 | 3.61% |
| 1967 | $3,930.19 | -7.06% |
| 1968 | $3,909.46 | -0.53% |
| 1969 | $3,726.83 | -4.67% |
| 1970 | $3,579.58 | -3.95% |
| 1971 | $4,518.74 | 26.24% |
| 1972 | $4,870.45 | 7.78% |
| 1973 | $5,573.05 | 14.43% |
| 1974 | $12,622.87 | 126.50% |
| 1975 | $10,969.73 | -13.10% |
| 1976 | $11,235.74 | 2.43% |
| 1977 | $11,335.09 | 0.88% |
| 1978 | $11,664.94 | 2.91% |
| 1979 | $17,524.36 | 50.23% |
| 1980 | $19,170.89 | 9.40% |
| 1981 | $15,929.80 | -16.91% |
| 1982 | $13,053.95 | -18.05% |
| 1983 | $12,022.33 | -7.90% |
| 1984 | $11,962.66 | -0.50% |
| 1985 | $11,353.22 | -5.09% |
| 1986 | $9,097.14 | -19.87% |
| 1987 | $10,919.67 | 20.03% |
| 1988 | $9,717.62 | -11.01% |
| 1989 | $11,001.66 | 13.21% |
| 1990 | $11,002.07 | 0.00% |
| 1991 | $8,219.49 | -25.29% |
| 1992 | $12,253.58 | 49.08% |
| 1993 | $14,477.95 | 18.15% |
| 1994 | $15,141.30 | 4.58% |
| 1995 | $16,424.99 | 8.48% |
| 1996 | $18,488.87 | 12.57% |
| 1997 | $17,230.06 | -6.81% |
| 1998 | $14,258.37 | -17.25% |
| 1999 | $16,044.51 | 12.53% |
| 2000 | $19,493.91 | 21.50% |
| 2001 | $17,517.73 | -10.14% |
| 2002 | $18,626.76 | 6.33% |
| 2003 | $22,781.12 | 22.30% |
| 2004 | $27,601.40 | 21.16% |
| 2005 | $36,144.99 | 30.95% |
| 2006 | $42,970.66 | 18.88% |
| 2007 | $45,729.81 | 6.42% |
| 2008 | $55,595.41 | 21.57% |
| 2009 | $37,906.15 | -31.82% |
| 2010 | $39,212.64 | 3.45% |
| 2011 | $49,010.32 | 24.99% |
| 2012 | $51,271.15 | 4.61% |
| 2013 | $47,762.72 | -6.84% |
| 2014 | $43,239.81 | -9.47% |
| 2015 | $29,315.20 | -32.20% |
| 2016 | $27,026.65 | -7.81% |
| 2017 | $29,258.29 | 8.26% |
| 2018 | $32,012.14 | 9.41% |
| 2019 | $30,666.22 | -4.20% |
| 2020 | $24,297.70 | -20.77% |
| 2021 | $32,186.77 | 32.47% |
| 2022 | $43,233.49 | 34.32% |
Expand
Comparison with Countries in the Middle East & North Africa Region.
Among countries in the same World Bank Middle East & North Africa (MENA) region, Kuwait comes in 4th with $43,233.50 gdp per capita (current us$).
- Within the same region, Qatar comes in 1st with $88,046.30, gdp per capita (current us$).
- Israel comes in 2nd with $54,659.80.
- United Arab Emirates comes in 3rd with $53,757.90.
- Malta comes in 5th with $33,940.90.
- Saudi Arabia comes in 6th with $30,436.30.
- Bahrain comes in 7th with $30,152.00.
- Oman comes in 8th with $25,056.80.
- Libya comes in 9th with $6,716.10.
- Iraq comes in 10th with $5,937.20.
- Iran, Islamic Rep. comes in 11th with $4,387.83.
- Egypt, Arab Rep. comes in 12th with $4,295.41.
- Algeria comes in 13th with $4,273.92.
- And Jordan comes in 14th with $4,204.51, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Middle East & North Africa Region.
Top 10 Countries in the Middle East & North Africa Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Qatar | $88,046.30 | 2022 |
| 2 | Israel | $54,659.80 | 2022 |
| 3 | United Arab Emirates | $53,757.90 | 2022 |
| 4 | Kuwait | $43,233.50 | 2022 |
| 5 | Malta | $33,940.90 | 2022 |
| 6 | Saudi Arabia | $30,436.30 | 2022 |
| 7 | Bahrain | $30,152.00 | 2022 |
| 8 | Oman | $25,056.80 | 2022 |
| 9 | Libya | $6,716.10 | 2022 |
| 10 | Iraq | $5,937.20 | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Kuwait comes in 31st with $43,233.50 gdp per capita (current us$).
- Within the same income group, Canada comes in 21st with $54,966.50, gdp per capita (current us$).
- Israel comes in 22nd with $54,659.80.
- United Arab Emirates comes in 23rd with $53,757.90.
- Austria comes in 24th with $52,131.40.
- Finland comes in 25th with $50,536.60.
- Belgium comes in 26th with $49,582.80.
- Hong Kong SAR, China comes in 27th with $48,983.60.
- Germany comes in 28th with $48,432.50.
- New Zealand comes in 29th with $48,249.30.
- United Kingdom comes in 30th with $45,850.40.
- Andorra comes in 32nd with $41,992.80.
- France comes in 33rd with $40,963.80.
- Virgin Islands (U.S.) comes in 34th with $39,552.20.
- Brunei Darussalam comes in 35th with $37,152.50.
- New Caledonia comes in 36th with $36,668.40.
- Sint Maarten (Dutch part) comes in 37th with $36,220.30.
- Guam comes in 38th with $35,904.90.
- Puerto Rico comes in 39th with $35,208.60.
- Italy comes in 40th with $34,158.00.
- And Malta comes in 41st with $33,940.90, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Bermuda | $118,846.00 | 2022 |
| 5 | Norway | $106,149.00 | 2022 |
| 6 | Ireland | $104,039.00 | 2022 |
| 7 | Switzerland | $92,101.50 | 2022 |
| 8 | Cayman Islands | $88,475.60 | 2021 |
| 9 | Qatar | $88,046.30 | 2022 |
| 10 | Singapore | $82,807.60 | 2022 |
| 11 | Isle of Man | $79,530.60 | 2020 |
| 12 | United States | $76,398.60 | 2022 |
| 13 | Iceland | $72,903.00 | 2022 |
| 14 | Faroe Islands | $69,010.20 | 2021 |