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Economy of Afghanistan vs Kuwait compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $160B for Kuwait, ranking 137/197 and 59/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $4.68B (2.92% of GDP) in Kuwait.

Afghanistan vs Kuwait GDP by year

Afghanistan
Kuwait
1x
Year GDP, current $
Afghanistan Kuwait
2024 - $160,227,273,053
2023 $17,152,234,637 $165,384,407,116
2022 $14,497,243,872 $183,502,046,694
2021 $14,259,995,441 $148,350,671,489
2020 $19,955,929,052 $111,045,470,606
2019 $18,799,444,490 $140,856,394,861
2018 $18,053,222,687 $138,646,316,351
2017 $18,753,456,498 $120,687,539,806
2016 $18,116,572,395 $109,406,674,125
2015 $19,134,221,645 $114,585,555,689
2014 $20,497,128,556 $162,650,450,685
2013 $20,146,416,758 $174,168,116,535
2012 $19,907,329,778 $174,047,662,680
2011 $17,805,098,206 $154,039,231,246
2010 $15,856,668,556 $115,416,245,242
2009 $12,416,152,732 $105,968,691,905
2008 $10,109,297,048 $147,379,737,230
2007 $9,747,886,187 $114,634,043,362
2006 $6,971,758,282 $101,557,330,723
2005 $6,203,256,539 $80,798,630,137
2004 $5,224,896,719 $59,439,090,601
2003 $4,520,946,819 $47,874,582,232
2002 $3,825,701,439 $38,135,788,414
2001 $2,813,571,754 $34,889,559,870
2000 $3,521,418,060 $37,718,743,480
1999 - $30,122,365,849
1998 - $25,943,705,784
1997 - $30,350,190,704
1996 - $31,492,373,309
1995 - $27,186,980,647
1994 - $24,848,483,838
1993 - $23,941,391,391
1992 - $19,858,555,215
1991 - $11,009,993,703
1990 - $18,427,777,778
1989 - $24,313,855,653
1988 - $20,690,322,153
1987 - $22,368,704,134
1986 - $17,903,989,745
1985 - $21,445,970,614
1984 - $21,700,082,753
1983 - $20,871,081,080
1982 - $21,577,153,356
1981 - $25,058,020,338
1980 - $28,638,868,356
1979 - $24,749,063,922
1978 - $15,503,557,496
1977 - $14,137,406,741
1976 - $13,132,252,802
1975 - $12,022,811,621
1974 - $13,006,948,296
1973 - $5,408,804,607
1972 - $4,450,537,925
1971 - $3,880,392,195
1970 - $2,873,638,851
1969 - $2,769,198,892
1968 - $2,662,798,935
1967 - $2,441,599,023
1966 - $2,391,199,044
1965 - $2,097,199,161
1964 - $2,071,668,533
1963 - $1,900,895,857
1962 - $1,828,107,503

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/kuwait | CC BY

GDP per capita in Afghanistan vs Kuwait by year

Afghanistan
GDP per capita

GDP per capita, PPP
Kuwait
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Kuwait
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $32,718 $52,444
2023 $414 $2,202 $34,076 $53,025
2022 $357 $2,123 $39,982 $55,043
2021 $356 $2,144 $34,019 $50,652
2020 $511 $2,562 $25,236 $41,462
2019 $497 $2,583 $31,708 $50,703
2018 $491 $2,432 $32,068 $51,371
2017 $525 $2,336 $29,048 $46,566
2016 $522 $2,213 $27,324 $41,862
2015 $566 $2,284 $29,882 $45,267
2014 $625 $2,224 $44,369 $68,337
2013 $637 $2,133 $49,651 $76,813
2012 $651 $1,988 $52,155 $82,090
2011 $607 $1,744 $49,170 $79,037
2010 $561 $1,766 $39,212 $75,184
2009 $452 $1,571 $37,907 $80,110
2008 $382 $1,334 $55,585 $90,337
2007 $376 $1,287 $45,709 $91,435
2006 $274.2 $1,122 $42,947 $89,075
2005 $254.2 $1,076 $36,123 $84,968
2004 $221.8 $972 $27,552 $77,227
2003 $198.9 $967 $22,691 $69,752
2002 $179 $927 $18,513 $59,713
2001 $138.7 $748 $17,374 $58,553
2000 $174.9 $814 $19,296 $58,703
1999 - - $15,854 $56,406
1998 - - $14,067 $58,344
1997 - - $16,977 $57,420
1996 - - $18,201 $56,913
1995 - - $16,168 $57,163
1994 - - $14,930 $53,946
1993 - - $14,318 $48,482
1992 - - $12,146 $36,149
1991 - - $8,147 $23,390
1990 - - $10,938 $30,763
1989 - - $10,965 -
1988 - - $9,692 -
1987 - - $10,896 -
1986 - - $9,077 -
1985 - - $11,322 -
1984 - - $11,919 -
1983 - - $11,965 -
1982 - - $12,979 -
1981 - - $15,825 -
1980 - - $19,032 -
1979 - - $17,386 -
1978 - - $11,567 -
1977 - - $11,238 -
1976 - - $11,141 -
1975 - - $10,882 -
1974 - - $12,527 -
1973 - - $5,532 -
1972 - - $4,836 -
1971 - - $4,486 -
1970 - - $3,552 -
1969 - - $3,695 -
1968 - - $3,872 -
1967 - - $3,887 -
1966 - - $4,176 -
1965 - - $4,024 -
1964 - - $4,379 -
1963 - - $4,445 -
1962 - - $4,748 -

Data sources: World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/kuwait | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $32,718 in Kuwait, ranking 37/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Kuwait ranks 40th at $52,444.

Economic indicators

Afghanistan Kuwait
Gross domestic product
$17.2B
2023
$160B
2024
GDP rank
137/197
2023
59/197
2024
GDP growth
2.27%
2022-2023
-2.56%
2023-2024
GDP per capita
$414
2023
$32,718
2024
GDP per capita rank
196/197
2023
37/197
2024
GDP per capita, PPP
$2,202
2023
$52,444
2024
GDP per capita PPP rank
184/197
2023
40/197
2024
Government debt
$1.44B
2023
$4.68B
2024
Debt-to-GDP ratio
8.8%
2024
2.92%
2024
Government debt per person
$34.8
2023
$956
2024
Government debt per person rank
185/185
2023
143/185
2024
Average annual personal income after taxes
$1,869
2026
$23,828
2026
Market capitalization of domestic companies n/a
$141B
2024
Government expenditure, % of GDP
19.4%
2024
50.4%
2024
Consumer prices inflation
-4.3%
2023-2024
2.9%
2023-2024
Central bank interest rate
6%
2021
3.5%
2025
Unemployment rate
5.68%
2021
2.16%
2016
Population
45409324
5100145

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Kuwait
Spending

Debt
1x
Year % of GDP
Afghanistan Kuwait
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 50.4% 2.92%
2023 17% 8.42% 48.3% 3.13%
2022 16.1% 10.8% 39.6% 2.95%
2021 17.9% 11.2% 48.3% 7.2%
2020 27.9% 7.33% 62.9% 10.2%
2019 28% 6.14% 50.3% 10.5%
2018 28.9% 7.38% 51.1% 14.3%
2017 27.7% 8% 51.9% 19.6%
2016 28% 8.44% 54.1% 9.88%
2015 25.9% 9.15% 55.4% 4.6%
2014 25.4% 8.7% 45% 3.43%
2013 25% 6.92% 38.4% 3.09%
2012 25% 6.77% 38.2% 3.6%
2011 21.9% 7.52% 39.7% 4.64%
2010 20.8% 7.71% 45.5% 6.16%
2009 21.2% 16.2% 42.9% 6.65%
2008 20.9% 19.1% 40.9% 5.38%
2007 21.4% 20.1% 30.4% 7.05%
2006 18.3% 23% 32.3% 7.79%
2005 15.7% 206.4% 28.8% 10.2%
2004 15.1% 245% 35.3% 13.9%
2003 11.9% 270.6% 38.2% 17.2%
2002 6.94% 346% 42.8% 21.3%
2001 - - 41.4% 23%
2000 - - 29.9% 21.4%
1999 - - 44.5% 25.5%
1998 - - 51.7% 25.6%
1997 - - 43.8% 24.3%
1996 - - 42.8% 26.5%
1995 - - 52% 34.9%
1994 - - 57.8% 37.7%
1993 - - 58.2% 28.8%
1992 - - 77.6% 27.9%
1991 - - 208.9% 45.3%
1990 - - 122.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/kuwait | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Kuwait spent $80.8B, or 50.4% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 2.92% in Kuwait, ranking 181/185 and 184/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Kuwait
1x
Year Deficit/surplus, % of GDP
Afghanistan Kuwait
2024 -0.54% 23.8%
2023 -1.33% 28.2%
2022 -1% 30%
2021 -0.48% 9.98%
2020 -2.24% 0.14%
2019 -1.06% 13%
2018 1.63% 17.5%
2017 -0.67% 15.3%
2016 0.13% 13.1%
2015 -1.38% 16.6%
2014 -1.72% 30%
2013 -0.63% 40.6%
2012 0.18% 40.7%
2011 -0.67% 38.8%
2010 0.93% 31.9%
2009 -1.76% 31.3%
2008 -3.86% 21.3%
2007 -2.46% 37.1%
2006 0.68% 28%
2005 -0.92% 38.9%
2004 -2.39% 32.5%
2003 -2.1% 27.2%
2002 -0.1% 31%
2001 - 45.2%
2000 - 52.5%
1999 - 28.2%
1998 - 19.5%
1997 - 29.5%
1996 - 24.3%
1995 - 11.7%
1994 - 1.76%
1993 - -3.12%
1992 - -28.1%
1991 - -145%
1990 - -50%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/kuwait | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Kuwait's surplus of $46.7B, or 28.2% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Kuwait ran a deficit in 0 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to surplus of 26% of GDP for Kuwait.

Inflation comparison by year

Inflation
Afghanistan

Kuwait
1x
Year Consumer prices inflation
Afghanistan Kuwait
2024 -4.3% 2.9%
2023 -7.7% 3.64%
2022 10.6% 3.98%
2021 7.8% 3.42%
2020 5.6% 2.1%
2019 2.3% 1.09%
2018 0.6% 0.54%
2017 5% 2.17%
2016 4.4% 3.2%
2015 -0.7% 3.27%
2014 4.7% 2.91%
2013 7.4% 2.68%
2012 6.4% 3.26%
2011 11.8% 4.84%
2010 2.2% 4.5%
2009 -6.8% 4.61%
2008 26.4% 10.6%
2007 8.7% 5.48%
2006 6.8% 3.06%
2005 10.6% 4.14%
2004 16.4% 1.25%
2003 35.7% 0.96%
2002 - 0.89%
2001 - 1.3%
2000 - 1.81%
1999 - 2.99%
1998 - 0.13%
1997 - 0.68%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2003–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/kuwait | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 3.39% in Kuwait. In 2024, inflation was -4.3% in Afghanistan and 2.9% in Kuwait.

Top exports between countries

Afghanistan
Export category Export value
Raw agricultural goods $289K
Textiles & consumer goods $21K
Kuwait
Export category Export value
Machinery & equipment $679K
Miscellaneous $69K
Wood & paper products $8K
Animal & marine products $2K

Balance of trade

Afghanistan Kuwait
Current account balance
-$3.14B
2020
$46.7B
2024
Current account balance ranking
159/190
2020
15/190
2024
Current account balance, % of GDP
-15.7%
2020
+29.1%
2024
Goods imports
$5.88B
2020
$33.4B
2024
Goods exports
$777M
2020
$77.5B
2024
Service imports
$1.11B
2020
$28.1B
2024
Service exports
$700M
2020
$12.2B
2024
Imports of goods and services, % of GDP
50.7%
2023
38.3%
2023
Exports of goods and services, % of GDP
16.9%
2023
57.7%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Kuwait
Economic freedom 53 59.9
Economic freedom ranking 142/197 100/197
Property rights 3.6 42
Government integrity 13.5 47.9
Judicial effectiveness 0 43.4
Tax burden 92 97.7
Government spending 90.8 36.2
Fiscal health 98.4 99.9
Business freedom 33.7 57.4
Labor freedom 44.4 49.2
Monetary freedom 84.9 68.7
Trade freedom 68.6 75.8
Investment freedom 10 50
Financial freedom 10 50

Economic freedom comparison by year

Afghanistan
Kuwait
1x
Year Economic freedom index
Afghanistan Kuwait
2026 - 59.9
2025 - 59.9
2024 - 58.5
2023 - 56.7
2022 - 58.3
2021 53 64.1
2020 54.7 63.2
2019 51.5 60.8
2018 51.3 62.2
2017 48.9 65.1
2016 - 62.7
2015 - 62.5
2014 - 62.3
2013 - 63.1
2012 - 62.5
2011 - 64.9
2010 - 67.7
2009 - 65.6
2008 - 68.1
2007 - 66.4
2006 - 66.5
2005 - 64.6
2004 - 63.6
2003 - 66.7
2002 - 65.4
2001 - 68.2
2000 - 69.7
1999 - 69.5
1998 - 66.3
1997 - 64.8
1996 - 66.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/kuwait | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 59.9 for Kuwait, ranking 100/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Kuwait
Services, % of GDP
46.4%
2023
55.9%
2024
Industry, % of GDP
13.4%
2023
57.1%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
0.49%
2024
GNI, Atlas method
$15.5B
2023
$200B
2024
GNI per capita, PPP
$2,210
2023
$63,270
2024
Total reserves including gold
$9.75B
2020
$50.7B
2024
Total reserves ranking
78/177
2020
41/177
2024
Net foreign direct investment
$24.3M
2020
$9.71B
2024
Net inflows of foreign direct investment
$0
2024
$615M
2024
Net outflows of foreign direct investment
$0
2024
$10.3B
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
n/a
Poverty at national poverty lines
47.1%
2019
n/a
Gross capital formation, % of GDP
15.3%
2023
17.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/kuwait | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1962–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2019–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.