Kuwait - Gross domestic product in current market prices

37,214.0 (million US dollars) in 2018Q3

GDP of Kuwait jumped by 5.90% from 35,139.4 million US dollars in 2018Q2 to 37,214.0 million US dollars in 2018Q3. Since the 4.86% fall in 2017Q2, GDP shot up by 30.36% in 2018Q3.

The description is composed by our digital data assistant.

GDP is sum of gross value added, at purchaser prices converted at market exchange rates to current U.S. dollars, by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output. It is calculated without deducting for depreciation of fabricated capital assets or for depletion and degradation of natural resources.