Gross value added at basic prices (GVA) in Kuwait
Kuwait: Gross value added at basic prices (GVA) was 51.79 billion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Kuwait, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Kuwait stood at 51.79 billion current LCU.
Compared with earlier readings it is down 2.5% on the previous year and up 38.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Kuwait peaked at 59.41 billion current LCU in 2022 and was at its lowest, 8.21 billion current LCU, in 1998.
Kuwait ranks 154th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.98 billion current LCU | 8.21 billion current LCU | 9.55 billion current LCU | 5 |
| 2000s | 21.99 billion current LCU | 10.62 billion current LCU | 39.40 billion current LCU | 10 |
| 2010s | 43.93 billion current LCU | 35.15 billion current LCU | 53.16 billion current LCU | 10 |
| 2020s | 50.47 billion current LCU | 36.70 billion current LCU | 59.41 billion current LCU | 6 |
Countries ranked near Kuwait
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 gross value added at basic prices (gva) in Kuwait?
- Gross value added at basic prices (gva) in Kuwait was 51.79 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Kuwait?
- The highest recorded value was 59.41 billion current LCU in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Kuwait?
- The lowest recorded value was 8.21 billion current LCU in 1998.
- How does Kuwait rank for gross value added at basic prices (gva)?
- Kuwait ranks 154th out of 206 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Kuwait?
- Over the last ten years it is up 38.6%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.