Kuwait: GNI (current US$)
In , Kuwait's GNI (current US$) was $193.31 billion.
That's down 2.2% from 2023, the highest value since .
The global average for this indicator in 2024 was $577.49 billion . Kuwait ranks #57 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 19.
Source: World Bank Open Data (NY.GNP.MKTP.CD) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- $209.50B
- Trough
- $89.65B
- 1-year change
- -2.2%
- 5-year change
- +20.0%
- +3.7% / yr
- 10-year change
- +8.4%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | GNI (current US$) |
|---|---|
| 193.311B | |
| 197.667B | |
| 209.500B | |
| 172.488B | |
| 127.408B | |
| 161.062B | |
| 156.983B | |
| 139.464B | |
| 122.185B | |
| 127.279B |
About GNI (current US$)
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Indicator code: NY.GNP.MKTP.CD • Category: Economy
Frequently asked questions
- What was Kuwait's GNI (current US$) in 2024?
- In 2024, Kuwait's GNI (current US$) was $193.31 billion, according to World Bank Open Data.
- Is Kuwait's GNI (current US$) rising or falling?
- Kuwait's GNI (current US$) fell 2.2% from 2023 to 2024.
- How does Kuwait rank globally on GNI (current US$)?
- In 2024, Kuwait ranked #57 out of 190 countries reporting GNI (current US$).
- How does Kuwait's GNI (current US$) compare to the world average?
- The global average for GNI (current US$) in 2024 was $577.49 billion, so Kuwait is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #10 of 19.
- What is GNI (current US$) and how is it measured?
- Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Source: World Bank Open Data (NY.GNP.MKTP.CD), CC BY 4.0.