GNI, PPP in Kuwait
Kuwait: GNI, PPP was 274.77 billion constant 2021 international $ in 2024. ▬ Flat
GNI, PPP in Kuwait, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Kuwait stood at 274.77 billion constant 2021 international $.
The figure is down 4.1% on the previous year and down 3.1% over ten years.
Over the whole period, gni, ppp in Kuwait peaked at 310.02 billion constant 2021 international $ in 2022 and was at its lowest, 197.14 billion constant 2021 international $, in 2020.
Kuwait ranks 57th of 158 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 251.89 billion constant 2021 international $ | 197.49 billion constant 2021 international $ | 309.07 billion constant 2021 international $ | 10 |
| 2020s | 265.07 billion constant 2021 international $ | 197.14 billion constant 2021 international $ | 310.02 billion constant 2021 international $ | 5 |
Countries ranked near Kuwait
- 54 Finland 314.91 billion constant 2021 international $ compare
- 55 Sri Lanka 310.91 billion constant 2021 international $ compare
- 56 Angola 298.48 billion constant 2021 international $ compare
- 58 Belarus 273.61 billion constant 2021 international $ compare
- 59 Dominican Republic 273.30 billion constant 2021 international $ compare
- 60 Tanzania 261.77 billion constant 2021 international $ compare
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
Frequently asked questions
- What is gni, ppp in Kuwait?
- Gni, ppp in Kuwait was 274.77 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Kuwait?
- The highest recorded value was 310.02 billion constant 2021 international $ in 2022.
- What is the lowest gni, ppp recorded in Kuwait?
- The lowest recorded value was 197.14 billion constant 2021 international $ in 2020.
- How does Kuwait rank for gni, ppp?
- Kuwait ranks 57th out of 158 countries with data for 2024.
- Is gni, ppp rising or falling in Kuwait?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is flat.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.