Kuwait
KWTMiddle East, North Africa, Afghanistan & PakistanHigh incomeCapital: Kuwait City▶About Kuwait
Kuwait's GDP is $162.90B (2026), with a population of 4.9M, and GDP per capita of $31,242. Key indicators include real GDP growth of 3.9%, inflation at 2.2%, government debt at 10.7% of GDP, life expectancy of 83.2 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Economically, this region is classified as high income, with a projected GDP of $162.895 billion in 2026. The economy is heavily reliant on oil, but diversification efforts are underway. The GDP growth rate is expected to reach 3.9% in 2026, with a GDP per capita of $31,241.854. Inflation is projected to be 2.2% in 2026. Trade is significant, with trade to GDP ratio at 96.08% in 2023. Unemployment is low, with a rate of 2.181% expected in 2025. Socially, the population is projected to be 4,897,263 in 2024. Life expectancy is high, at 83.19 years in 2023. The capital city is Kuwait City, which serves as the political and economic hub. The society benefits from substantial oil revenues, leading to a high standard of living and extensive social welfare programs.
▶Economy30 indicators · 2019–2027 · IMF / WB
▶Fiscal & Monetary13 indicators · 2024–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.1% | 2027 | ▼ 4.5% | IMF |
| Govt Gross Debt (% of GDP) | 15.2% | 2027 | ▲ 42.1% | IMF |
| Fiscal Balance (% of GDP) | 26.2% | 2027 | ▼ 1.1% | IMF |
| Current Account Balance (% of GDP) | 22.9% | 2027 | ▼ 6.1% | IMF |
| Inflation, CPI (%, World Bank) | 2.9% | 2024 | ▼ 20.4% | WB |
| Real Interest Rate (%) | 5.9% | 2024 | ▼ 57.9% | WB |
| Lending Interest Rate (%) | 5.2% | 2024 | ▲ 4.9% | WB |
| Deposit Interest Rate (%) | 2.7% | 2024 | ▲ 8.2% | WB |
| Total Reserves incl. Gold (USD) | $50.73B | 2024 | ▼ 3.6% | WB |
| Total Reserves (months of imports) | 9 | 2024 | ▼ 2.3% | WB |
| Official Exchange Rate (per USD) | 0.31 | 2024 | ▼ 0.2% | WB |
| PPP Conversion Factor | 0.19 | 2024 | ▼ 3.1% | WB |
| Broad Money (% of GDP) | 82.7% | 2024 | ▲ 7.8% | WB |
▶Trade15 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 96.1% | 2023 | ▲ 5.7% | WB |
| Exports of Goods & Services (% of GDP) | 57.7% | 2023 | ▼ 4.5% | WB |
| Imports of Goods & Services (% of GDP) | 38.3% | 2023 | ▲ 25.9% | WB |
| Exports of Goods & Services (USD) | $95.48B | 2023 | ▼ 13.9% | WB |
| Imports of Goods & Services (USD) | $63.42B | 2023 | ▲ 13.4% | WB |
| Merchandise Exports (USD) | $75.99B | 2024 | ▼ 9.5% | WB |
| Merchandise Imports (USD) | $37.06B | 2024 | ▼ 1.1% | WB |
| FDI Inflows (% of GDP) | 0.4% | 2024 | ▼ 70.0% | WB |
| FDI Outflows (% of GDP) | 6.4% | 2024 | ▼ 4.9% | WB |
| FDI Net Inflows (USD) | $614.6M | 2024 | ▼ 70.9% | WB |
| Personal Remittances Received (USD) | $20.4M | 2024 | ▼ 4.2% | WB |
| Personal Remittances Received (% of GDP) | 0.0% | 2024 | ▼ 1.1% | WB |
| High-Tech Exports (% of manufactured) | 5.8% | 2024 | ▲ 226.5% | WB |
| Current Account Balance (% of GDP) | 29.1% | 2024 | ▼ 6.2% | WB |
| Current Account Balance (USD) | $46.70B | 2024 | ▼ 9.1% | WB |
▶Finance10 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Stock Market Capitalization (% of GDP) | 88.3% | 2024 | ▲ 11.4% | WB |
| Stock Market Capitalization (USD) | $141.48B | 2024 | ▲ 7.9% | WB |
| Stock Market Turnover (% of GDP) | 29.0% | 2024 | ▲ 44.5% | WB |
| Listed Domestic Companies | 138 | 2024 | ▼ 4.8% | WB |
| Bank Capital to Assets Ratio (%) | 12.1% | 2023 | ▼ 4.6% | WB |
| Bank Nonperforming Loans (%) | 1.4% | 2023 | ▲ 0.9% | WB |
| Account Ownership at Financial Institution (%) | 74.5% | 2024 | — | WB |
| Account Ownership, Female (%) | 71.5% | 2024 | — | WB |
| Account Ownership, Male (%) | 76.1% | 2024 | — | WB |
| Firms Using Banks to Finance Investment (%) | 0.0% | 2025 | — | WB |
▶Business Environment1 indicator · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 3 | 2025 | — | WB |
▶Private Sector6 indicators · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 0.0% | 2025 | — | WB |
| Firms with Female Top Manager (%) | 2.8% | 2025 | — | WB |
| Firms with Female Participation in Ownership (%) | 2.8% | 2025 | — | WB |
| Firms Offering Training (%) | 13.3% | 2025 | — | WB |
| Average Firm Age (years) | 8 years | 2025 | — | WB |
| Firms Using Computers (%) | 11.5% | 2025 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 4.9M | 2024 | ▲ 0.9% | WB |
| Population Growth (%) | 0.9% | 2024 | ▼ 83.9% | WB |
| Population Density (per km²) | 272 | 2023 | ▲ 5.7% | WB |
| Surface Area (sq km) | 17,820 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 17,820 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 100.0% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 4.9M | 2024 | ▲ 0.9% | WB |
| Rural Population (%) | 0.0% | 2024 | — | WB |
| Life Expectancy at Birth | 83.2 years | 2023 | ▲ 3.2% | WB |
| Life Expectancy, Male | 82.7 years | 2023 | ▲ 3.2% | WB |
| Life Expectancy, Female | 83.7 years | 2023 | ▲ 3.2% | WB |
| Fertility Rate (births per woman) | 1.5 | 2023 | ▼ 1.4% | WB |
| Birth Rate (per 1,000) | 10.3 | 2023 | ▼ 5.0% | WB |
| Death Rate (per 1,000) | 1.5 | 2023 | ▼ 12.5% | WB |
| Net Migration | 42,775 | 2025 | ▼ 30.6% | WB |
| Population Ages 0–14 (%) | 18.2% | 2024 | ▼ 2.1% | WB |
| Population Ages 15–64 (%) | 78.7% | 2024 | ▲ 0.3% | WB |
| Population Ages 65+ (%) | 3.1% | 2024 | ▲ 5.2% | WB |
| Age Dependency Ratio (%) | 27.1% | 2024 | ▼ 1.4% | WB |
| Old-Age Dependency Ratio (%) | 3.9% | 2024 | ▲ 4.8% | WB |
| Youth Dependency Ratio (%) | 23.2% | 2024 | ▼ 2.4% | WB |
| Mortality Rate, Adult Male (per 1,000) | 52.4 | 2023 | ▼ 4.9% | WB |
| Mortality Rate, Adult Female (per 1,000) | 28.1 | 2023 | ▼ 18.0% | WB |
▶Labor17 indicators · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 3.0M | 2025 | ▲ 1.7% | WB |
| Labor Force Participation (%) | 73.4% | 2025 | ▼ 0.3% | WB |
| Female Labor Force Participation (%) | 47.2% | 2025 | ▼ 0.3% | WB |
| Male Labor Force Participation (%) | 88.6% | 2025 | ▼ 0.2% | WB |
| Unemployment (%) | 2.2% | 2025 | ▲ 1.4% | WB |
| Female Unemployment (%) | 6.0% | 2025 | ▼ 1.0% | WB |
| Male Unemployment (%) | 1.0% | 2025 | ▲ 5.9% | WB |
| Youth Unemployment (%) | 15.1% | 2025 | ▼ 0.6% | WB |
| Employment in Agriculture (%) | 1.9% | 2025 | ▼ 1.9% | WB |
| Employment in Industry (%) | 24.6% | 2025 | ▼ 0.4% | WB |
| Employment in Services (%) | 73.5% | 2025 | ▲ 0.2% | WB |
| Vulnerable Employment (%) | 2.4% | 2025 | ▲ 2.7% | WB |
| Wage & Salaried Workers (% of total) | 96.8% | 2025 | ▼ 0.1% | WB |
| Employers (% of total employment) | 0.8% | 2025 | ▲ 0.4% | WB |
| Labor Force, Female (% of total) | 23.6% | 2025 | ▲ 0.2% | WB |
| Employment to Population Ratio (%) | 71.8% | 2025 | ▼ 0.3% | WB |
| Self-Employed (% of total) | 3.2% | 2025 | ▲ 2.1% | WB |
▶Education19 indicators · 2006–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 6.4% | 2024 | ▲ 28.0% | WB |
| Education Spending (% of govt expenditure) | 13.8% | 2025 | ▲ 9.1% | WB |
| Adult Literacy Rate (%) | 96.5% | 2020 | — | WB |
| Female Literacy Rate (%) | 95.3% | 2020 | — | WB |
| Male Literacy Rate (%) | 97.1% | 2020 | — | WB |
| Youth Literacy Rate (%) | 99.3% | 2020 | — | WB |
| Primary School Enrollment (%) | 82.4% | 2021 | ▲ 1.2% | WB |
| Secondary School Enrollment (%) | 95.4% | 2015 | — | WB |
| Tertiary School Enrollment (%) | 51.9% | 2021 | ▼ 3.4% | WB |
| Primary Completion Rate (%) | 80.4% | 2021 | ▼ 3.5% | WB |
| Lower Secondary Completion Rate (%) | 85.3% | 2021 | ▼ 4.1% | WB |
| Primary School Teachers | 32,782 | 2021 | ▼ 3.9% | WB |
| Secondary School Teachers | 47,443 | 2021 | — | WB |
| Pupil-Teacher Ratio, Primary | 9 | 2018 | — | WB |
| Pupil-Teacher Ratio, Secondary | 8 | 2015 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 20.4% | 2006 | — | WB |
| Pupil-Teacher Ratio (Primary) | 85.7 | 2020 | — | WB |
| Education Spending, Secondary (% of govt) | 36.2% | 2006 | — | WB |
| Education Spending, Tertiary (% of govt) | 32.6% | 2006 | — | WB |
▶Health38 indicators · 2019–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 23.7 | 2024 | ▲ 4.3% | WB |
| CO₂ Emissions (total kilotonnes) | 116 | 2024 | ▲ 5.2% | WB |
| Energy Use (kg oil eq. per capita) | 9,130 | 2022 | ▲ 6.5% | WB |
| Electric Power Consumption (kWh per capita) | 16,571 | 2022 | ▼ 1.8% | WB |
| Renewable Electricity Output (%) | 0.3% | 2021 | ▲ 228.6% | WB |
| Renewable Energy Consumption (%) | 0.1% | 2021 | ▲ 0.0% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 53.7 | 2020 | — | WB |
| Forest Area (%) | 0.4% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 63 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 0.4% | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 11.5% | 2024 | ▲ 0.9% | WB |
| Marine Protected Areas (%) | 3.2% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
▶Agriculture10 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 8.4% | 2023 | ▲ 0.0% | WB |
| Cereal Yield (kg per hectare) | 14,957 | 2023 | ▲ 3.2% | WB |
| Food Production Index (2014–2016=100) | 130.9 | 2022 | ▲ 17.5% | WB |
| Crop Production Index (2014–2016=100) | 109.3 | 2022 | ▲ 4.1% | WB |
| Livestock Production Index (2014–2016=100) | 146 | 2022 | ▲ 25.8% | WB |
| Land Under Cereal Production (hectares) | 2,070 | 2023 | ▲ 11.0% | WB |
| Total Fisheries Production (metric tonnes) | 2,808 | 2023 | ▲ 48.9% | WB |
| Fertilizer Consumption (kg per hectare) | 2,008.5 | 2023 | ▲ 47.8% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 30,955 | 2023 | ▲ 14.5% | WB |
▶Technology13 indicators · 2018–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 99.7% | 2023 | ▲ 0.0% | WB |
| Mobile Subscriptions (per 100 people) | 168 | 2023 | ▼ 0.4% | WB |
| Fixed Broadband Subscriptions (per 100) | 1 | 2023 | ▼ 25.6% | WB |
| Secure Internet Servers (per million) | 384.3 | 2024 | ▼ 0.3% | WB |
| R&D Spending (% of GDP) | 0.10% | 2023 | ▲ 21.4% | WB |
| Patent Applications, Residents | 1 | 2018 | — | WB |
| Patent Applications, Non-Residents | 256 | 2018 | — | WB |
| Scientific Journal Articles | 1,335 | 2022 | ▲ 6.3% | WB |
| High-Technology Exports (USD) | $359.7M | 2024 | ▲ 562.3% | WB |
| ICT Service Exports (% of service exports) | 44.8% | 2024 | ▼ 2.2% | WB |
| ICT Service Exports (USD) | $5.47B | 2024 | ▲ 5.8% | WB |
| Industrial Design Applications, Resident | 47 | 2021 | ▼ 26.6% | WB |
| Researchers in R&D (per million) | 159 | 2023 | ▼ 9.6% | WB |
▶Infrastructure6 indicators · 2020–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 9.5M | 2023 | ▲ 29.6% | WB |
| Air Transport, Freight (million ton-km) | 331.2 | 2023 | ▲ 26.4% | WB |
| Container Port Traffic (TEU) | 863,618 | 2020 | — | WB |
| Logistics Performance Index (1–5) | 3.20 | 2022 | — | WB |
| Electricity from Oil (%) | 47.7% | 2022 | ▼ 2.4% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender7 indicators · 2015–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 3.1% | 2023 | ▼ 50.8% | WB |
| Female Wage & Salaried Workers (%) | 98.6% | 2025 | ▼ 0.0% | WB |
| Girls Out-of-School Rate (%) | 93.4% | 2018 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 1.6 | 2023 | ▼ 5.7% | WB |
| Gender Parity Index, Primary | 89.59 | 2018 | — | WB |
| Gender Parity Index, Secondary | 1.06 | 2015 | — | WB |
| Gender Parity in Primary Education | 1.15 | 2021 | ▲ 2.3% | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.21 | 2023 | ▲ 62.3% | WB |
| Government Effectiveness | 0.01 | 2023 | ▼ 93.2% | WB |
| Political Stability | 0.41 | 2023 | ▲ 39.8% | WB |
| Regulatory Quality | 0.32 | 2023 | ▲ 52.8% | WB |
| Rule of Law | 0.34 | 2023 | ▲ 22.6% | WB |
| Voice & Accountability | -0.59 | 2023 | ▲ 13.2% | WB |
| Control of Corruption (percentile rank) | 60.4% | 2023 | ▲ 2.4% | WB |
| Government Effectiveness (percentile rank) | 51.4% | 2023 | ▼ 10.7% | WB |
| Rule of Law (percentile rank) | 59.0% | 2023 | ▲ 2.5% | WB |
| Political Stability (percentile rank) | 58.8% | 2023 | ▲ 8.3% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 4.8% | 2024 | ▲ 1.5% | WB |
| Military Expenditure (USD) | $7.79B | 2024 | ▲ 0.5% | WB |
| Armed Forces Personnel | 25,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 1.0% | 2020 | ▲ 6.8% | WB |
| Military Spending (% of govt expenditure) | 9.7% | 2024 | ▼ 0.5% | WB |
| Intentional Homicides (per 100,000) | 0.2 | 2020 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.56 | 2020 | — | WB |
| Human Capital Index, Female | 0.60 | 2020 | — | WB |
| Human Capital Index, Male | 0.53 | 2020 | — | WB |
| Learning-Adjusted Years of School | 7.4 years | 2020 | — | WB |
▶Tourism5 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 2.2M | 2020 | — | WB |
| Tourism Receipts (USD) | $524.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $6.70B | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 1.1% | 2020 | — | WB |
| International Tourism, Transport Services (USD) | $127.0M | 2020 | — | WB |
▶Urban Development7 indicators · 2022–2025 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 0.9% | 2024 | ▼ 83.9% | WB |
| Population in Largest City | 3.4M | 2025 | ▲ 1.5% | WB |
| Population in Largest City (% of urban) | 68.4% | 2025 | ▼ 0.1% | WB |
| Population in Agglomerations >1M (% of total) | 68.4% | 2025 | ▼ 0.1% | WB |
| Population in Slums (% of urban) | 0.0% | 2022 | — | WB |
| Access to Safely Managed Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Safely Managed Sanitation (%) | 100.0% | 2024 | ▲ 0.0% | WHO |