Kuwait's adjusted net national income (current US$) was US$129.18 billion in 2019, the latest year in the World Bank's World Development Indicators. That is up 35.84% from US$95.1 billion in 2009 (3.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$129.18 billion | 2019 |
| Five years earlier | US$145.51 billion | 2014 |
| Ten years earlier | US$95.1 billion | 2009 |
| Highest | US$150.84 billion | 2013 |
| Lowest | US$1.79 billion | 1970 |
| Average since 2010 | US$126.46 billion | 2010–2019 |
| First recorded | US$1.79 billion |
What the numbers say
In 2019, Kuwait's adjusted net national income (current US$) fell 0.4% on 2018 (from US$129.71 billion to US$129.18 billion).
Across the 30 yearly changes before that (1989 to 2018), the average change was +7.5% and a typical year strayed about 20.2% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 201.2% in 1974 and the biggest yearly fall was 39.2% in 1991. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2010 to 2019 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Kuwait in the 2019 ranking
- Cuba — 2nd of 3: US$88.4 billion
- Turkmenistan — 3rd of 3: US$34.05 billion
What this measures
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Adjusted net national income differs from the adjustments made in the calculation of adjusted net savings, by not accounting for investments in human capital or the damages from pollution. Thus, adjusted net national income remains within the boundaries of the United Nations System of National Accounts (SNA). The SNA includes non-produced natural assets (such as land, mineral resources, and forests) within the asset boundary when they are under the effective control of institutional units. The calculation of adjusted net national income, which accounts for net forest, energy, and mineral depletion, as well as consumption of fixed capital, thus remains within the SNA boundaries.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 49 values
| Year | Adjusted net national income (current US$) |
|---|---|
| 2019 | 129,183,021,130 |
| 2018 | 129,708,396,824 |
| 2017 | 117,909,728,200 |
| 2016 | 102,937,829,113 |
| 2015 | 106,646,071,205 |
| 2014 | 145,513,858,761 |
| 2013 | 150,837,272,223 |
| 2012 | 146,200,888,411 |
| 2011 | 131,699,662,931 |
| 2010 | 103,929,179,354 |
Adjusted net national income (current US$) in nearby economies
- Afghanistan — US$13.62 billion (2021)
- Algeria — US$125.76 billion (2021)
- Bahrain — US$25.4 billion (2020)
- Djibouti — US$3.08 billion (2021)
- Egypt, Arab Rep. — US$353.38 billion (2021)
- Iran, Islamic Rep. — US$263.72 billion (2021)
- Iraq — US$160.74 billion (2021)
- Israel — US$407.6 billion (2021)
- Jordan — US$43.54 billion (2021)
- Lebanon — US$17.31 billion (2021)
More economic policy & debt data for Kuwait
- Total reserves, including gold (current US$) — US$51.74 billion (2025)
- Total reserves, excluding gold (current US$) — US$40.65 billion (2025)
- GDP (current US$) — US$157.21 billion (2025)
- GDP (current LCU) — 48.18 billion (2025)
- GDP per capita (current US$) — US$32,312 (2025)
- GDP per capita (current LCU) — 9,902 (2025)
- GNI (current US$) — US$193.99 billion (2024)
- GNI (current LCU) — 59.49 billion (2024)
- GNI per capita (current LCU) — 12,148 (2024)
- General government final consumption expenditure (current US$) — US$41.5 billion (2024)
Reading data like this
Questions people ask
- What is Kuwait's adjusted net national income (current US$)?
- US$129.18 billion in 2019, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 7,121% from US$1.79 billion in 1970 (9.13% a year on average, compounded). The highest value was US$150.84 billion in 2013 and the lowest US$1.79 billion in 1970.
- Is the latest change in adjusted net national income (current US$) unusual for Kuwait?
- In 2019, Kuwait's adjusted net national income (current US$) fell 0.4% on 2018 (from US$129.71 billion to US$129.18 billion). Across the 30 yearly changes before that (1989 to 2018), the average change was +7.5% and a typical year strayed about 20.2% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNTY.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in