kw Kuwait 2019

Detailed economic analysis and indicators for 2019

Year 2019

Key Economic Indicators (2019)

GDP (Current USD)

$140.86 billion

↑ 1.59% vs 2018
GDP per Capita

$31,707.87

↓ 1.12% vs 2018
GDP Growth (Annual %)

2.26%

↓ 0.48pp vs 2018
Inflation Rate (CPI %)

1.09%

↑ 0.55pp vs 2018

Year-over-Year Comparison

Indicator 2018 2019 Change
GDP (Current USD) $138.65 billion $140.86 billion +1.59%
GDP per Capita $32,067.96 $31,707.87 -1.12%
GDP Growth (Annual %) 2.74% 2.26% -0.48pp
Inflation (CPI %) 0.54% 1.09% +0.55pp
Unemployment Rate (%) 2.20% 2.25% +0.05pp

All Economic Indicators (2019)

National Accounts
GDP (Current USD)
$140.86 billion
GDP per Capita
$31,707.87
GDP Growth (Annual %)
2.26%
Gross National Income
$161.06 billion
Prices & Employment
Inflation (CPI %)
1.09%
Inflation (GDP Deflator %)
-0.11%
Unemployment Rate (%)
2.25%
Interest Rate (Real %)
4.93%
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)
21.48%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2019, Kuwait's Gross Domestic Product (GDP) is $140.86 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Kuwait for 2019 is $31,707.87. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Kuwait for 2019 is 1.09%. This measures the annual percentage change in the cost of consumer goods and services.

Kuwait's annual GDP growth rate for 2019 is 2.26%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Kuwait for 2019 is 2.25%. This represents the percentage of the labor force that is unemployed and actively seeking employment.