Kuwait 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$120.69 billion
↑ 10.31% vs 2016GDP per Capita
$29,047.65
↑ 6.31% vs 2016GDP Growth (Annual %)
-4.71%
↓ 7.64pp vs 2016Inflation Rate (CPI %)
2.17%
↓ 1.03pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $109.41 billion | $120.69 billion | +10.31% |
| GDP per Capita | $27,323.69 | $29,047.65 | +6.31% |
| GDP Growth (Annual %) | 2.93% | -4.71% | -7.64pp |
| Inflation (CPI %) | 3.20% | 2.17% | -1.03pp |
| Unemployment Rate (%) | 2.16% | 2.23% | +0.07pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $120.69 billion
- GDP per Capita
- $29,047.65
- GDP Growth (Annual %)
- -4.71%
- Gross National Income
- $139.46 billion
Prices & Employment
- Inflation (CPI %)
- 2.17%
- Inflation (GDP Deflator %)
- 16.23%
- Unemployment Rate (%)
- 2.23%
- Interest Rate (Real %)
- -9.93%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 6.43%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Kuwait's Gross Domestic Product (GDP) is $120.69 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Kuwait for 2017 is $29,047.65. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Kuwait for 2017 is 2.17%. This measures the annual percentage change in the cost of consumer goods and services.
Kuwait's annual GDP growth rate for 2017 is -4.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Kuwait for 2017 is 2.23%. This represents the percentage of the labor force that is unemployed and actively seeking employment.