π°πΌ Kuwait
KW / KWT #152
Nomad Score
52.0
Cities
7
Region
Arab League,
Middle East,
Arab World,
OPEC,
Asia,
Asia,
Western Asia,
Developing Countries
Currency
KWD
π KEY INDICATORS
GDP per capita (PPP) (2031)
$56,827
GDP (2031)
$200.3B
GDP Growth (2031)
2.4%
β
Inflation (2031)
1.6%
β
Unemployment (2025)
2.2%
β
Population (2031)
5.8M
Pop. Growth (2031)
2.0%
β
Govt Debt (2031)
37.8% of GDP
Current Account (2031)
14.3% of GDP
FDI Inflows (2024)
$614.6M
Life Expectancy (2024)
84.6 yrs
Health Spending (2023)
5.0% of GDP
Internet Users (2025)
100.0%
Mobile Subs (2023)
167.7/100
Trade Openness (2023)
96.1% of GDP
Exchange Rate (2024)
0.31/USD
Foreign Reserves (2024)
$50.7B
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2031)
37.8% of GDP
Current Account (2031)
14.3% of GDP
FDI Inflows (2024)
$614.6M
π’ BUSINESS ENVIRONMENT
New Business Density (2020)
3.24/1k
Services Sector (2024)
55.9% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
67.5
Bank Branches per 100k (2023)
12.4
ICT Service Exports (2024)
44.8%
π HISTORICAL 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 | $50,438 | 3.5% | 2.4% | 2.2% | 5.1M | - | 14.6% | 23.3% | - | - | - | 100.0% | - |
| 2024 | $160.9B | $52,444 | -1.5% | 2.9% | 2.2% | 5.0M | - | 2.9% | 29.0% | $614.6M | 84.6 | - | 99.8% | 0.31 |
| 2023 | $165.5B | $53,025 | -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 | $55,043 | 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 |
π§ CONTINUE EXPLORING KUWAIT