kw Kuwait 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$183.94 billion

↑ 23.90% vs 2021
GDP per Capita

$40,077.24

↑ 17.72% vs 2021
GDP Growth (Annual %)

5.86%

↑ 3.60pp vs 2021
Inflation Rate (CPI %)

3.98%

↑ 0.56pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $148.46 billion $183.94 billion +23.90%
GDP per Capita $34,043.54 $40,077.24 +17.72%
GDP Growth (Annual %) 2.26% 5.86% +3.60pp
Inflation (CPI %) 3.42% 3.98% +0.56pp
Unemployment Rate (%) 3.00% 2.17% -0.83pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$183.94 billion
GDP per Capita
$40,077.24
GDP Growth (Annual %)
5.86%
Gross National Income
$209.94 billion
Prices & Employment
Inflation (CPI %)
3.98%
Inflation (GDP Deflator %)
18.83%
Unemployment Rate (%)
2.17%
Interest Rate (Real %)
-12.55%
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)
34.29%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Kuwait's Gross Domestic Product (GDP) is $183.94 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Kuwait for 2022 is $40,077.24. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Kuwait for 2022 is 3.98%. This measures the annual percentage change in the cost of consumer goods and services.

Kuwait's annual GDP growth rate for 2022 is 5.86%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Kuwait for 2022 is 2.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.