GDP in USD PPP terms reached 303 USD bil in 2018 in Kuwait, according to the National Statistical Office. This is 1.71 % more than in the previous year.
Historically, GDP in USD PPP terms in Kuwait reached an all time high of 303 USD bil in 2018 and an all time low of 31.9 USD bil in 1991. When compared to Kuwait's main peers, GDP in USD PPP terms in Bahrain amounted to 75.2 USD bil, 675 USD bil in Iraq, 1,653 USD bil in Iran and 1,857 USD bil in Saudi Arabia in 2018.
Kuwait has been ranked 61st within the group of 174 countries we follow in terms of GDP in USD PPP terms, 4 places behind the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.