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Kuwait – Economic Data

GM ECONOMY · COUNTRY PROFILE

Kuwait

Macroeconomic, fiscal, labour-market, external-sector and structural indicators with trends, data coverage and source quality at a glance.

COUNTRY: Kuwait
REGION: Middle East
INCOME: High income
ISOKW / KWT
RegionMiddle East
SubregionWestern Asia
Income groupHigh income
GM Economy ratingBBB70/100Good stability
Core indicator coverage11 / 1292% available
Profile data qualityGoodBased on coverage, observation count and latest year
Country groupsMiddle East / Gulf · Gulf · Energy · Asia Module

Core economic indicators

12 key series with latest values and short-term direction
GDP GrowthGood
2.73%
↑ Higher than previous observation · +4.21 pp
Latest 202555 obs. · 1971–2025
InflationGood
2.36%
↓ Lower than previous observation · -0.54 pp
Latest 202553 obs. · 1973–2025
UnemploymentGood
2.18%
↑ Higher than previous observation · +0.03 pp
Latest 202535 obs. · 1991–2025
Current Account BalanceGood
22.70%
↓ Lower than previous observation · -6.33 pp
Latest 202549 obs. · 1975–2025
GDP per CapitaGood
32,312.31
↓ Lower than previous observation · -543.41
Latest 202564 obs. · 1962–2025
GDP PPPGood
256.83 billion
↓ Lower than previous observation · -524,795,082.47
Latest 202435 obs. · 1990–2024
Gross Capital FormationGood
15.10%
↓ Lower than previous observation · -2.66 pp
Latest 202460 obs. · 1965–2024
ExportsAdequate
57.73%
↓ Lower than previous observation · -2.72 pp
Latest 202359 obs. · 1965–2023
Foreign ReservesGood
50.73 billion
↓ Lower than previous observation · -1,891,416,336.81
Latest 202464 obs. · 1960–2024
Labor Force ParticipationGood
73.37%
↓ Lower than previous observation · -0.19 pp
Latest 202536 obs. · 1990–2025
PopulationGood
4.90 million
↑ Higher than previous observation · +43,843.00
Latest 202465 obs. · 1960–2024

GM Economy rating components

Analytical composite, not an official credit rating
Fiscal stability7.0 / 25
Macroeconomic stability18.0 / 20
External stability8.0 / 15
Financial robustness14.0 / 15
Structural stability14.0 / 15
Future capacity8.0 / 10
Demographic capacity5.0 / 5

Data quality

Coverage and recency of the core profile

Good profile quality with 92% core-indicator coverage.

10 good · 1 adequate · 0 limited series.

Coverage details

Latest year, time-series depth and source
IndicatorLatest yearObservationsCoverageQualitySource
GDP Growth2025551971–2025GoodWorld Bank / public data sources
Inflation2025531973–2025GoodWorld Bank / public data sources
Unemployment2025351991–2025GoodWorld Bank / public data sources
Current Account Balance2025491975–2025GoodWorld Bank / public data sources
GDP per Capita2025641962–2025GoodWorld Bank / public data sources
GDP PPP2024351990–2024GoodWorld Bank / public data sources
Gross Capital Formation2024601965–2024GoodWorld Bank / public data sources
Exports2023591965–2023AdequateWorld Bank / public data sources
Foreign Reserves2024641960–2024GoodWorld Bank / public data sources
Labor Force Participation2025361990–2025GoodWorld Bank / public data sources
Population2024651960–2024GoodWorld Bank / public data sources