GDP Constant Prices in Kuwait decreased to 9715.60 KWD Million in the second quarter of 2019 from 9839.30 KWD Million in the first quarter of 2019. GDP Constant Prices in Kuwait averaged 9125.15 KWD Million from 1964 until 2019, reaching an all time high of 19955.90 KWD Million in the fourth quarter of 2008 and a record low of 572 KWD Million in the fourth quarter of 1965.

GDP Constant Prices in Kuwait is expected to be 10144.00 KWD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Constant Prices in Kuwait to stand at 10036.00 in 12 months time. In the long-term, the Kuwait GDP Constant Prices is projected to trend around 10565.00 KWD Million in 2020, according to our econometric models.

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Kuwait GDP Constant Prices

Actual Previous Highest Lowest Dates Unit Frequency
9715.60 9839.30 19955.90 572.00 1964 - 2019 KWD Million Quarterly
Constant Prices 2010, NSA

Kuwait GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.40 0.90 33.99 -20.62 percent [+]
GDP 141.68 119.55 174.16 1.83 USD Billion [+]
GDP Constant Prices 9715.60 9839.30 19955.90 572.00 KWD Million [+]
Gross Fixed Capital Formation 10541.90 9044.80 10541.90 96.00 KWD Million [+]
GDP per capita 33537.90 33790.30 49576.70 33537.90 USD [+]
GDP per capita PPP 65515.40 66008.60 96846.90 65515.40 USD [+]
GDP Growth Rate -1.30 -2.70 13.50 -5.10 percent [+]