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Macro

Kuwait

Middle East, North Africa, Afghanistan & Pakistan · High income · IMF WEO April 2026 · World Bank WDI

GDP▼ 1.9%
Current prices2025
158USD bn
GDP per capita▼ 3.8%
Current prices2025
30,877USD
Real GDP growth▲ 4.9 pp
Annual change2025
3.5%
Inflation▼ 0.5 pp
Average consumer prices2025
2.4%
Government debt▲ 11.7 pp
General government, gross2025
14.6% of GDP
Current account▼ 5.8 pp
Balance2025
23.3% of GDP
Population▲ 2.0%
Total2025
5.11million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-7.10.017.31995: 1.7%1996: 0.6%1997: 2.5%1998: 3.7%1999: -1.8%2000: 4.7%2001: 0.2%2002: 3.0%2003: 17.3%2004: 10.2%2005: 10.6%2006: 7.5%2007: 6.0%2008: 2.5%2009: -7.1%2010: -2.4%2011: 9.6%2012: 6.6%2013: 1.1%2014: 0.5%2015: 0.6%2016: 2.9%2017: -4.7%2018: 2.7%2019: 2.3%2020: -4.8%2021: 1.7%2022: 6.8%2023: -1.6%2024: -1.5%2025: 3.5%2026: -0.6% (IMF projection)2027: 2.8% (IMF projection)2028: 2.5% (IMF projection)2029: 2.4% (IMF projection)2030: 2.4% (IMF projection)2031: 2.4% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.04.02014: 2.9%2015: 3.3%2016: 2.9%2017: 1.6%2018: 0.6%2019: 1.1%2020: 2.1%2021: 3.4%2022: 4.0%2023: 3.6%2024: 2.9%2025: 2.4%2026: 2.8% (IMF projection)2027: 2.5% (IMF projection)2028: 2.2% (IMF projection)2029: 1.9% (IMF projection)2030: 1.7% (IMF projection)2031: 1.6% (IMF projection)IMF projection2015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %1.76.8-1.6-1.53.5-0.62.82.52.42.4
Inflation, average consumer prices %3.44.03.62.92.42.82.52.21.91.7
GDP, current prices USD bn148184165161158173175180187193
GDP per capita, current prices USD33,82538,28933,67932,10630,87733,16432,85833,19733,73134,269
GDP per capita, PPP Int. USD50,36552,69552,43851,90954,15054,30355,93657,13658,39259,689
General government gross debt % of GDP7.23.03.12.914.622.327.532.134.936.7
General government net lending/borrowing % of GDP10.030.028.226.028.427.629.529.429.128.9
Current account balance % of GDP25.234.431.129.023.326.021.819.417.716.1
Population million4.394.794.915.015.115.215.325.425.535.64

Government debt, % of GDP

General government gross debt
0.037.82000: 21%2001: 23%2002: 21%2003: 17%2004: 14%2005: 10%2006: 8%2007: 7%2008: 5%2009: 7%2010: 6%2011: 5%2012: 4%2013: 3%2014: 3%2015: 5%2016: 10%2017: 20%2018: 14%2019: 11%2020: 10%2021: 7%2022: 3%2023: 3%2024: 3%2025: 15%2026: 22% (IMF projection)2027: 27% (IMF projection)2028: 32% (IMF projection)2029: 35% (IMF projection)2030: 37% (IMF projection)2031: 38% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-4.60.045.52000: 38.9%2001: 23.9%2002: 11.2%2003: 19.7%2004: 26.2%2005: 37.2%2006: 44.6%2007: 36.0%2008: 40.9%2009: 26.7%2010: 32.0%2011: 42.9%2012: 45.5%2013: 40.3%2014: 33.4%2015: 3.5%2016: -4.6%2017: 8.0%2018: 14.3%2019: 12.7%2020: 4.4%2021: 25.2%2022: 34.4%2023: 31.1%2024: 29.0%2025: 23.3%2026: 26.0% (IMF projection)2027: 21.8% (IMF projection)2028: 19.4% (IMF projection)2029: 17.7% (IMF projection)2030: 16.1% (IMF projection)2031: 14.3% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20150.555.97.058.4
20250.554.17.759.6

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method41,110USD2024-19.9%
GNI, Atlas method201USD bn2024+6.9%
Exports of goods and services55.8% of GDP2024-12.7 pp
Imports of goods and services38.2% of GDP2024+6.7 pp
Life expectancy at birth84.6years2024+7.0%
Urban population100.0% of total20250.0 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)