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KW

Kuwait

KW · KWT · #152 · 7 cities

Nomad score 50/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$56,827
GDP (2031)
$200.3B
GDP growth (2031)
2.4% →
Inflation (2031)
1.6% ↓
Unemployment (2025)
2.2% ↑
Population (2031)
5.8M
Population growth (2031)
2.0% ↓
Government debt (2031)
37.8% of GDP
Current account (2031)
14.3% of GDP
FDI inflows (2025)
$413.1M
Life expectancy (2024)
84.6 yrs
Health spending (2023)
5.0% of GDP
Internet users (2025)
100.0%
Mobile subscriptions (2023)
167.7/100
Trade openness (2024)
94.0% of GDP
Exchange rate (2025)
0.31/USD
Foreign reserves (2025)
$51.7B
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
37.8% of GDP
Current account (2031)
14.3% of GDP
FDI inflows (2025)
$413.1M

Business environment

New business density (2024)
2.14/1k
Services sector (2025)
59.6% of GDP

Financial access and costs

ATMs per 100k (2024)
58.0
Bank branches per 100k (2024)
10.1
ICT service exports (2025)
49.3%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $200.3B $56,827 2.4% 1.6% - 5.8M - 37.8% 14.3% - - - - -
2030 * $193.4B $55,980 2.4% 1.7% - 5.6M - 36.7% 16.1% - - - - -
2029 * $186.6B $55,104 2.4% 1.9% - 5.5M - 34.9% 17.7% - - - - -
2028 * $180.1B $54,227 2.5% 2.2% - 5.4M - 32.1% 19.4% - - - - -
2027 * $174.7B $53,679 2.8% 2.5% - 5.3M - 27.5% 21.8% - - - - -
2026 * $172.9B $54,177 -0.6% 2.8% - 5.2M - 22.3% 26.0% - - - - -
2025 $157.8B $56,468 3.5% 2.4% 2.2% 5.1M - 14.6% 23.3% $413.1M - - 100.0% 0.31
2024 $160.9B $53,119 -1.5% 2.9% 2.2% 5.0M - 2.9% 29.0% $614.6M 84.6 - 99.8% 0.31
2023 $165.5B $53,083 -1.6% 3.6% 2.1% 4.9M - 3.1% 31.1% $2.1B 83.2 5.0% 99.8% 0.31
2022 $183.5B $55,034 6.8% 4.0% 2.1% 4.8M - 3.0% 34.4% $752.3M 80.6 4.2% 99.8% 0.31
2021 $148.3B $50,652 1.7% 3.4% 3.0% 4.4M - 7.2% 25.2% -$272.3M 78.7 5.4% 99.7% 0.30
2020 $111.0B $41,462 -4.8% 2.1% 3.5% 4.3M - 10.2% 4.4% -$558.1M 78.8 6.1% 99.1% 0.31
2019 $140.9B $50,703 2.3% 1.1% 2.2% 4.5M - 10.5% 12.7% $515.6M 82.0 5.2% 99.5% 0.30
2018 $138.7B $51,371 2.7% 0.6% 2.2% 4.4M - 14.3% 14.3% -$21.4M 80.1 5.2% 99.6% 0.30
2017 $120.7B $46,566 -4.7% 1.6% 2.2% 4.2M - 19.6% 8.0% $113.0M 79.9 4.7% 98.0% 0.30
2016 $109.4B $41,862 2.9% 2.9% 2.2% 4.1M - 9.9% -4.6% $292.0M 79.7 4.7% 85.6% 0.30
2015 $114.6B $45,267 0.6% 3.3% 2.2% 3.9M - 4.6% 3.5% $284.6M 79.4 4.2% 82.0% 0.30
2014 $162.7B $68,337 0.5% 2.9% 2.9% 3.7M - 3.4% 33.4% $485.8M 79.1 2.9% 78.7% 0.28
2013 $174.2B $76,813 1.1% 2.7% 2.5% 3.6M - 3.1% 40.3% $1.4B 78.7 2.5% 75.5% 0.28
2012 $174.1B $82,090 6.6% 3.3% 2.2% 3.4M - 3.6% 45.5% $2.9B 78.4 2.3% 70.5% 0.28
2011 $154.0B $79,037 9.6% 4.8% 2.1% 3.2M - 4.6% 42.9% $3.3B 78.1 2.3% 65.8% 0.28
2010 $115.4B $75,184 -2.4% 4.5% 1.8% 2.9M - 6.2% 32.0% $1.3B 77.7 2.7% 61.4% 0.29
2009 $106.0B $80,110 -7.1% 4.6% 1.6% 2.8M - 6.7% 26.7% $1.1B 77.4 2.7% 50.8% 0.29
2008 $147.4B $90,337 2.5% 10.6% 1.8% 2.8M - 5.4% 40.9% -$6.0M 77.2 1.9% 42.0% 0.27
2007 $114.6B $91,435 6.0% 5.5% 1.5% 2.4M - 7.0% 36.0% $111.5M 77.0 1.9% 34.8% 0.28
2006 $101.5B $89,075 7.5% 3.1% 1.3% 2.3M - 7.8% 44.6% $121.3M 76.9 1.8% 28.8% 0.29
2005 $80.8B $84,968 10.6% 4.1% 1.5% 2.2M - 10.2% 37.2% $233.9M 76.8 2.0% 25.9% 0.29
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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