Kuwait GDP Annual Growth Rate 1963-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Kuwait expanded 1.80 percent in 2015 from the previous year. GDP Annual Growth Rate in Kuwait averaged 3.65 percent from 1963 until 2015, reaching an all time high of 33.99 percent in 1993 and a record low of -20.62 percent in 1980.

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Kuwait GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	1.80	0.50	33.99	-20.62	percent	[+]
GDP	114.04	162.60	174.16	1.83	USD Billion	[+]
GDP Constant Prices	40033.20	39307.40	40033.20	572.00	KWD Million	[+]
Gross Fixed Capital Formation	8580.00	7363.60	8580.00	96.00	KWD Million	[+]
GDP per capita	35888.60	36542.70	49015.89	35888.60	USD	[+]
GDP per capita PPP	70107.46	71385.35	95751.33	70107.46	USD	[+]

Kuwait GDP Annual Growth Rate Notes

Kuwait holds the world´s sixth biggest proven reserves of oil as such oil sector accounts for 40 percent of GDP, 90 percent of total exports and 80 percent of state revenues. The services sector constitutes 30 percent of the output. Within services the largest segments are: community, social and personal services (11 percent of GDP); real estate and financial and business services (9 percent) and wholesale and retail trade and restaurants and hotels (8 percent). Manufacturing contributes for 23 percent of the wealth and construction and electricity, gas and water distribution for the remaining 7 percent. . This page provides - Kuwait GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kuwait GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	1.80	0.50	33.99	-20.62	1963 - 2015	percent	Yearly

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gdp annual growth rate by Country

	Last		Previous	Highest	Lowest
China	6.90	Mar/17	6.8	15.4	3.8	%	Quarterly
India	6.10	Mar/17	7	11.4	-5.2	%	Quarterly
Indonesia	5.01	Mar/17	4.94	7.16	1.56	%	Quarterly
Turkey	5.00	Mar/17	3.5	11.7	-14.4	%	Quarterly
Netherlands	3.20	Mar/17	2.4	6.1	-4.9	%	Quarterly
Spain	3.00	Mar/17	3	5.6	-4.3	%	Quarterly
South Korea	2.90	Mar/17	2.4	20.8	-7.3	%	Quarterly
Mexico	2.80	Mar/17	2.3	9.2	-8.6	%	Quarterly
Canada	2.30	Mar/17	2	8.8	-4.1	%	Quarterly
United Kingdom	2.00	Mar/17	1.9	9.8	-6.1	%	Quarterly
United States	2.00	Mar/17	2	13.4	-4.1	%	Quarterly
Euro Area	1.90	Mar/17	1.8	5	-5.5	%	Quarterly
Australia	1.70	Mar/17	2.4	9	-3.4	%	Quarterly
Germany	1.70	Mar/17	1.8	7.2	-6.8	%	Quarterly
Japan	1.30	Mar/17	1.6	9.4	-8.8	%	Quarterly
Italy	1.20	Mar/17	1.1	10.3	-7.1	%	Quarterly
France	1.10	Mar/17	1.2	12.5	-3.8	%	Quarterly
Switzerland	1.10	Mar/17	0.7	5.4	-3.6	%	Quarterly
Russia	0.50	Mar/17	0.3	12.1	-11.2	%	Quarterly
Brazil	-0.40	Mar/17	-2.5	10.1	-5.8	%	Quarterly