Kuwait

Kuwait's real economy grew 2.7% in 2025, yet its US$ GDP fell 2.3% to US$157.2 billion, a gap that came mostly from exchange-rate and price effects, not output. It slipped 1 place to 60th, now between Morocco and Slovakia.

Industry makes up 54.1% of output, with manufacturing at 7.7%, and agriculture 0.5%. Inflation stood at 2.4% and unemployment at 2.2%, while government gross debt is a low 14.6% of GDP. With 4.9 million people, Kuwait produces GDP per capita of US$32,312, 45th in the world, and 42nd on a PPP basis.

The dollar economy remains below its 2022 peak of US$183.5 billion. It has grown 4.2 times since 2000, when it measured US$37.7 billion and ranked 58th. Kuwait is about the size of the Salt Lake City, UT metro area. The IMF projects GDP of US$193.3 billion by 2030, a +23% rise, with a forecast ranking of 63rd.