🇰🇼 Kuwait Industry, value added
Kuwait Industry, value added was $25.29B in 2024, down 5.2% from 2023, according to World Bank data. The 10-year average is $26.55B. Historical data available from 2010 to 2024 (15 data points). The all-time high was $28.11B in 2022.
Source: World Bank World Development Indicators • 2010–2024 • 15 data points • Economy & Growth
Latest Value
$25.29B
2024
Year-on-Year
-5.2%
vs 2023
10-Year Average
$26.55B
2015–2024
Range
High: $28.11B (2022)
Low: $21.85B (2010)
Kuwait Industry (including construction), value added (constant LCU) — 2010 to 2024
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About this Indicator
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
Historical Data Table
| Year | Value |
|---|---|
| 2024 | $25.29B |
| 2023 | $26.68B |
| 2022 | $28.11B |
| 2021 | $26.05B |
| 2020 | $25.23B |
| 2019 | $26.67B |
| 2018 | $26.70B |
| 2017 | $26.10B |
| 2016 | $27.79B |
| 2015 | $26.86B |
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<iframe src="https://nationstat.com/country/kuwait/industry-including-construction-value-added-constant-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted net national income (current US$)
129.2B
2019
Adjusted net national income (constant 2015 US$)
122.8B
2019
Adjusted net savings, excluding particulate emission damage (current US$)
19.8B
2019
Adjusted net national income per capita (current US$)
29.1K
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Adjusted net national income per capita (constant 2015 US$)
27.6K
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