HistoryData

Real GDP Growth: Kuwait

Kuwait's real gdp growth is currently 3.9% as of 2026. # Kuwait Real GDP Growth Kuwait's real GDP growth reached 3.

Current (2026)
3.9%
+50.0% y/y
Peak (1992)
82.8%
Low (1991)
-41.0%
Source
IMF World Economic Outlook
19822026 · 49 pts

Real GDP GrowthKuwait

19822026

Real GDP Growth — Kuwait
-41%-10.05%20.9%51.85%82.8%198219902000201020202030LowPeak
Analysis# Kuwait Real GDP Growth Kuwait's real GDP growth reached 3.9% in 2026, reflecting a steady recovery from recent contractions. The country has experienced dramatic volatility across its 48-year data history, ranging from an all-time peak of 82.8% in 1992 to a catastrophic low of -41% in 1991. Since 1982, Kuwait's economy has expanded by 141.1% overall, though this masks significant cyclical swings tied to oil price fluctuations and geopolitical events. The 1991-1992 period marked a pivotal turning point following the Gulf War, with the 1991 collapse giving way to explosive rebound growth. More recently, Kuwait's economy contracted sharply in 2020 (-4.8%) and again in 2023-2024 (-1.7% and -2.6% respectively), before returning to positive growth in 2025-2026. The projected 3.9% growth rate for 2026 suggests stabilization, though Kuwait remains vulnerable to external economic pressures and oil market dynamics.

Historical Data

49 Rows
YearValueChange %
20302.3%+4.55%
20292.2%-4.35%
20282.3%+0.00%
20272.3%-41.03%
20263.9%+50.00%
20252.6%+200.00%
2024-2.6%-52.94%
2023-1.7%-125.00%
20226.8%+300.00%
20211.7%+135.42%
2020-4.8%-308.70%
20192.3%-14.81%
20182.7%+157.45%
2017-4.7%-262.07%
20162.9%+383.33%
20150.6%+20.00%
20140.5%-54.55%
20131.1%-83.33%
20126.6%-31.25%
20119.6%+500.00%
Show all 49 rows
YearValueChange %
2010-2.4%+66.20%
2009-7.1%-384.00%
20082.5%-58.33%
20076.0%-20.00%
20067.5%-29.25%
200510.6%+3.92%
200410.2%-41.04%
200317.3%+476.67%
20023.0%+1400.00%
20010.2%-95.74%
20004.7%+361.11%
1999-1.8%-148.65%
19983.7%+48.00%
19972.5%+316.67%
19960.6%-64.71%
19951.7%-80.23%
19948.6%-75.50%
199335.1%-57.61%
199282.8%+301.95%
1991-41.0%-56.49%
1990-26.2%-201.16%
198925.9%+359.00%
1988-10.0%-223.46%
19878.1%-5.81%
19868.6%+300.00%
1985-4.3%-182.69%
19845.2%-1.89%
19835.3%+155.79%
1982-9.5%

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