kw Kuwait 2018

Detailed economic analysis and indicators for 2018

Year 2018

Key Economic Indicators (2018)

GDP (Current USD)

$138.65 billion

↑ 14.88% vs 2017
GDP per Capita

$32,067.96

↑ 10.40% vs 2017
GDP Growth (Annual %)

2.74%

↑ 7.46pp vs 2017
Inflation Rate (CPI %)

0.54%

↓ 1.63pp vs 2017

Year-over-Year Comparison

Indicator 2017 2018 Change
GDP (Current USD) $120.69 billion $138.65 billion +14.88%
GDP per Capita $29,047.65 $32,067.96 +10.40%
GDP Growth (Annual %) -4.71% 2.74% +7.46pp
Inflation (CPI %) 2.17% 0.54% -1.63pp
Unemployment Rate (%) 2.23% 2.20% -0.02pp

All Economic Indicators (2018)

National Accounts
GDP (Current USD)
$138.65 billion
GDP per Capita
$32,067.96
GDP Growth (Annual %)
2.74%
Gross National Income
$156.98 billion
Prices & Employment
Inflation (CPI %)
0.54%
Inflation (GDP Deflator %)
11.30%
Unemployment Rate (%)
2.20%
Interest Rate (Real %)
-5.82%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
17.35%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2018, Kuwait's Gross Domestic Product (GDP) is $138.65 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Kuwait for 2018 is $32,067.96. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Kuwait for 2018 is 0.54%. This measures the annual percentage change in the cost of consumer goods and services.

Kuwait's annual GDP growth rate for 2018 is 2.74%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Kuwait for 2018 is 2.20%. This represents the percentage of the labor force that is unemployed and actively seeking employment.