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Economy of Kuwait vs Kyrgyzstan compared: GDP & Debt

Updated on by Georank team

Kuwait has a GDP of $160B compared to $17.5B for Kyrgyzstan, ranking 59/197 and 135/197 by economy size, respectively.

Kuwait has $4.68B in government debt (2.92% of GDP), compared to $6.56B (37.5% of GDP) in Kyrgyzstan.

Kuwait vs Kyrgyzstan GDP by year

Kuwait
Kyrgyzstan
1x
Year GDP, current $
Kuwait Kyrgyzstan
2024 $160,227,273,053 $17,478,259,659
2023 $165,384,407,116 $15,180,842,369
2022 $183,502,046,694 $12,134,931,018
2021 $148,350,671,489 $9,249,133,946
2020 $111,045,470,606 $8,270,468,614
2019 $140,856,394,861 $9,371,275,264
2018 $138,646,316,351 $8,271,106,235
2017 $120,687,539,806 $7,702,938,379
2016 $109,406,674,125 $6,813,095,379
2015 $114,585,555,689 $6,678,177,512
2014 $162,650,450,685 $7,468,102,413
2013 $174,168,116,535 $7,335,033,801
2012 $174,047,662,680 $6,605,142,884
2011 $154,039,231,246 $6,197,765,984
2010 $115,416,245,242 $4,794,361,863
2009 $105,968,691,905 $4,690,061,381
2008 $147,379,737,230 $5,139,958,909
2007 $114,634,043,362 $3,802,570,553
2006 $101,557,330,723 $2,834,168,889
2005 $80,798,630,137 $2,460,246,766
2004 $59,439,090,601 $2,211,534,585
2003 $47,874,582,232 $1,919,008,090
2002 $38,135,788,414 $1,605,643,105
2001 $34,889,559,870 $1,525,116,370
2000 $37,718,743,480 $1,369,688,498
1999 $30,122,365,849 $1,249,061,487
1998 $25,943,705,784 $1,645,963,750
1997 $30,350,190,704 $1,767,864,036
1996 $31,492,373,309 $1,827,570,586
1995 $27,186,980,647 $1,661,147,035
1994 $24,848,483,838 $1,681,780,847
1993 $23,941,391,391 $2,026,019,253
1992 $19,858,555,215 $2,315,346,943
1991 $11,009,993,703 $2,542,256,424
1990 $18,427,777,778 $2,660,202,623
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/kuwait/kyrgyzstan | CC BY

GDP per capita in Kuwait vs Kyrgyzstan by year

Kuwait
GDP per capita

GDP per capita, PPP
Kyrgyzstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kuwait Kyrgyzstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $32,718 $52,444 $2,420 $8,012
2023 $34,076 $53,025 $2,138 $7,298
2022 $39,982 $55,043 $1,740 $6,578
2021 $34,019 $50,652 $1,350 $5,736
2020 $25,236 $41,462 $1,230 $5,179
2019 $31,708 $50,703 $1,422 $5,304
2018 $32,068 $51,371 $1,284 $4,778
2017 $29,048 $46,566 $1,221 $4,954
2016 $27,324 $41,862 $1,103 $4,604
2015 $29,882 $45,267 $1,106 $4,153
2014 $44,369 $68,337 $1,265 $4,228
2013 $49,651 $76,813 $1,270 $4,001
2012 $52,155 $82,090 $1,169 $3,589
2011 $49,170 $79,037 $1,117 $3,278
2010 $39,212 $75,184 $877 $3,076
2009 $37,907 $80,110 $870 $3,097
2008 $55,585 $90,337 $966 $3,031
2007 $45,709 $91,435 $722 $2,770
2006 $42,947 $89,075 $543 $2,508
2005 $36,123 $84,968 $477 $2,386
2004 $27,552 $77,227 $433 $2,343
2003 $22,691 $69,752 $381 $2,158
2002 $18,513 $59,713 $322 $1,998
2001 $17,374 $58,553 $308 $1,986
2000 $19,296 $58,703 $279.6 $1,862
1999 $15,854 $56,406 $258 $1,747
1998 $14,067 $58,344 $345 $1,687
1997 $16,977 $57,420 $376 $1,659
1996 $18,201 $56,913 $395 $1,505
1995 $16,168 $57,163 $364 $1,401
1994 $14,930 $53,946 $372 $1,466
1993 $14,318 $48,482 $449 $1,795
1992 $12,146 $36,149 $513 $2,075
1991 $8,147 $23,390 $570 $2,382
1990 $10,938 $30,763 $606 $2,544
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/kuwait/kyrgyzstan | CC BY

Kuwait's GDP per capita is $32,718, ranking 37/197, compared to $2,420 in Kyrgyzstan, ranking 150/197. Adjusted for purchasing power (GDP per capita PPP), Kuwait ranks 40th at $52,444, while Kyrgyzstan ranks 141st at $8,012.

Economic indicators

Kuwait Kyrgyzstan
Gross domestic product
$160B
2024
$17.5B
2024
GDP rank
59/197
2024
135/197
2024
GDP growth
-2.56%
2023-2024
9.04%
2023-2024
GDP per capita
$32,718
2024
$2,420
2024
GDP per capita rank
37/197
2024
150/197
2024
GDP per capita, PPP
$52,444
2024
$8,012
2024
GDP per capita PPP rank
40/197
2024
141/197
2024
Government debt
$4.68B
2024
$6.56B
2024
Debt-to-GDP ratio
2.92%
2024
37.5%
2024
Government debt per person
$956
2024
$908
2024
Government debt per person rank
143/185
2024
144/185
2024
Average annual personal income after taxes
$23,828
2026
$4,187
2026
Market capitalization of domestic companies
$141B
2024
n/a
Income share by richest 10% n/a
23%
2023
Income share by poorest 10% n/a
4.3%
2023
Government expenditure, % of GDP
50.4%
2024
33.7%
2024
Consumer prices inflation
2.9%
2023-2024
5%
2023-2024
Central bank interest rate
3.5%
2025
10%
2025
Unemployment rate
2.16%
2016
3.5%
2023
Population
5100145
7471102

Spending and national debt comparison by year

Kuwait
Spending

Debt
Kyrgyzstan
Spending

Debt
1x
Year % of GDP
Kuwait Kyrgyzstan
Government spending Government debt Government spending Government debt
2024 50.4% 2.92% 33.7% 37.5%
2023 48.3% 3.13% 32.9% 42%
2022 39.6% 2.95% 35% 46.8%
2021 48.3% 7.2% 32.1% 56.2%
2020 62.9% 10.2% 32.1% 63.6%
2019 50.3% 10.5% 30.8% 48.8%
2018 51.1% 14.3% 33.1% 54.8%
2017 51.9% 19.6% 37% 58.8%
2016 54.1% 9.88% 38.9% 59.1%
2015 55.4% 4.6% 38.1% 67.1%
2014 45% 3.43% 38.5% 53.6%
2013 38.4% 3.09% 38.1% 47.1%
2012 38.2% 3.6% 40.6% 50.5%
2011 39.7% 4.64% 37.4% 50.1%
2010 45.5% 6.16% 37.1% 59.7%
2009 42.9% 6.65% 32.5% 58.5%
2008 40.9% 5.38% 27.9% 49%
2007 30.4% 7.05% 29.6% 57.7%
2006 32.3% 7.79% 29.1% 73.4%
2005 28.8% 10.2% 29.1% 85.7%
2004 35.3% 13.9% 28.5% 92.7%
2003 38.2% 17.2% 28.1% 108.2%
2002 42.8% 21.3% 29.3% 107.9%
2001 41.4% 23% 28.1% 108.2%
2000 29.9% 21.4% 30.2% 123.3%
1999 44.5% 25.5% 35.9% 119.6%
1998 51.7% 25.6% 35.9% 85.1%
1997 43.8% 24.3% 31.1% 64.8%
1996 42.8% 26.5% 28.6% 57.7%
1995 52% 34.9% 37.9% 52.4%
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); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20).

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

In 2024, Kuwait's government spending was $80.8B, accounting for 50.4% of its GDP, while Kyrgyzstan spent $5.89B, or 33.7% of GDP.

Debt-to-GDP ratio is 2.92% in Kuwait and 37.5% in Kyrgyzstan, ranking 184/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Kuwait

Kyrgyzstan
1x
Year Deficit/surplus, % of GDP
Kuwait Kyrgyzstan
2024 23.8% 1.87%
2023 28.2% 1.59%
2022 30% -0.29%
2021 9.98% -0.71%
2020 0.14% -3.06%
2019 13% -0.07%
2018 17.5% -0.59%
2017 15.3% -3.73%
2016 13.1% -5.79%
2015 16.6% -2.52%
2014 30% -3.07%
2013 40.6% -3.7%
2012 40.7% -5.86%
2011 38.8% -4.7%
2010 31.9% -5.95%
2009 31.3% 0.38%
2008 21.3% 1.92%
2007 37.1% 1.28%
2006 28% -2.1%
2005 38.9% -3.79%
2004 32.5% -4.89%
2003 27.2% -5.17%
2002 31% -5.9%
2001 45.2% -6.75%
2000 52.5% -10.7%
1999 28.2% -13.5%
1998 19.5% -12%
1997 29.5% -9.3%
1996 24.3% -9.1%
1995 11.7% -13.5%
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/kuwait/kyrgyzstan | CC BY

In 2024, Kuwait's government surplus, the difference between spending and revenue, was $38.1B, equivalent to 23.8% of GDP. This compares to Kyrgyzstan's surplus of $327M, or 1.87% of GDP.

Over the past 30 years, Kuwait recorded a fiscal deficit in 0 of those years, while Kyrgyzstan ran a deficit in 25 years. On average, Kuwait posted an annual surplus equal to 26.9% of GDP, compared to deficit of 4.32% of GDP for Kyrgyzstan.

Inflation comparison by year

Inflation
Kuwait

Kyrgyzstan
1x
Year Consumer prices inflation
Kuwait Kyrgyzstan
2024 2.9% 5%
2023 3.64% 10.8%
2022 3.98% 13.9%
2021 3.42% 11.9%
2020 2.1% 6.3%
2019 1.09% 1.1%
2018 0.54% 1.5%
2017 2.17% 3.2%
2016 3.2% 0.4%
2015 3.27% 6.5%
2014 2.91% 7.5%
2013 2.68% 6.6%
2012 3.26% 2.8%
2011 4.84% 16.6%
2010 4.5% 8%
2009 4.61% 6.8%
2008 10.6% 24.5%
2007 5.48% 10.2%
2006 3.06% 5.6%
2005 4.14% 4.3%
2004 1.25% 4.1%
2003 0.96% 3%
2002 0.89% 2.1%
2001 1.3% 6.9%
2000 1.81% 19.7%
1999 2.99% 35.9%
1998 0.13% 10.5%
1997 0.68% 23.4%

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

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

Over the past 28 years, Kuwait has recorded an average annual inflation rate of 2.94%, compared with 9.25% in Kyrgyzstan. In 2024, inflation was 2.9% in Kuwait and 5% in Kyrgyzstan.

Top exports between countries

Kuwait
Export category Export value
Machinery & equipment $175K
Textiles & consumer goods $1K
Kyrgyzstan
Export category Export value
Raw materials & minerals $3.97M
Animal & marine products $204K
Chemicals & pharma $57K
Raw agricultural goods $27K
Machinery & equipment $17K
Textiles & consumer goods $12K
Processed food, beverages & tobacco $11K
Metals $1K

Balance of trade

Kuwait Kyrgyzstan
Current account balance
$46.7B
2024
-$5.18B
2022
Current account balance ranking
15/190
2024
167/190
2022
Current account balance, % of GDP
+29.1%
2024
-42.7%
2022
Goods imports
$33.4B
2024
$9.17B
2022
Goods exports
$77.5B
2024
$2.25B
2022
Service imports
$28.1B
2024
$1.48B
2022
Service exports
$12.2B
2024
$1.37B
2022
Imports of goods and services, % of GDP
38.3%
2023
84.2%
2024
Exports of goods and services, % of GDP
57.7%
2023
43.4%
2024

Economic freedom indices

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

Kuwait Kyrgyzstan
Economic freedom 59.9 56
Economic freedom ranking 100/197 126/197
Property rights 42 22.9
Government integrity 47.9 23.9
Judicial effectiveness 43.4 8.3
Tax burden 97.7 93.2
Government spending 36.2 65.6
Fiscal health 99.9 97.2
Business freedom 57.4 58.2
Labor freedom 49.2 52.3
Monetary freedom 68.7 68
Trade freedom 75.8 72.6
Investment freedom 50 60
Financial freedom 50 50

Economic freedom comparison by year

Kuwait
Kyrgyzstan
1x
Year Economic freedom index
Kuwait Kyrgyzstan
2026 59.9 56
2025 59.9 55.6
2024 58.5 55.2
2023 56.7 55.8
2022 58.3 55.8
2021 64.1 63.7
2020 63.2 62.9
2019 60.8 62.3
2018 62.2 62.8
2017 65.1 61.1
2016 62.7 59.6
2015 62.5 61.3
2014 62.3 61.1
2013 63.1 59.6
2012 62.5 60.2
2011 64.9 61.1
2010 67.7 61.3
2009 65.6 61.8
2008 68.1 61.1
2007 66.4 60.2
2006 66.5 61
2005 64.6 56.6
2004 63.6 58
2003 66.7 56.8
2002 65.4 51.7
2001 68.2 53.7
2000 69.7 55.7
1999 69.5 54.8
1998 66.3 51.8
1997 64.8 -
1996 66.1 -

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

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

The Economic Freedom Index for Kuwait is 59.9, ranking 100/197, compared to 56 for Kyrgyzstan, ranking 126/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kuwait Kyrgyzstan
Services, % of GDP
55.9%
2024
52.1%
2024
Industry, % of GDP
57.1%
2024
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
0.49%
2024
8.61%
2024
GNI, Atlas method
$200B
2024
$15.8B
2024
GNI per capita, PPP
$63,270
2024
$7,900
2024
Total reserves including gold
$50.7B
2024
$5.09B
2024
Total reserves ranking
41/177
2024
100/177
2024
Net foreign direct investment
$9.71B
2024
-$509M
2022
Net inflows of foreign direct investment
$615M
2024
$705M
2024
Net outflows of foreign direct investment
$10.3B
2024
$20M
2024
Servicing debt to the IMF, % of GNI n/a
4.74%
2024
Poverty at national poverty lines n/a
25.7%
2024
Gross capital formation, % of GDP
17.7%
2023
29.8%
2024

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/kuwait/kyrgyzstan | 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 (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.