Annual inflation, consumer prices in Kuwait
Kuwait: Annual inflation, consumer prices was 2.9% in 2024. ◆ Volatile
Annual inflation, consumer prices in Kuwait, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Kuwait recorded 2.9% for annual inflation, consumer prices in 2024.
The figure is down 20.4% on the previous year and down 0.4% over ten years.
Over the whole period, annual inflation, consumer prices in Kuwait peaked at 10.6% in 2008 and was at its lowest, 0.5%, in 2018.
Kuwait ranks 114th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.8% | — |
| 2001 | 1.3% | -28.3% |
| 2002 | 0.9% | -31.7% |
| 2003 | 1.0% | +8.2% |
| 2004 | 1.2% | +29.9% |
| 2005 | 4.1% | +231.8% |
| 2006 | 3.1% | -26.2% |
| 2007 | 5.5% | +79.4% |
| 2008 | 10.6% | +92.9% |
| 2009 | 4.6% | -56.4% |
| 2010 | 4.5% | -2.5% |
| 2011 | 4.8% | +7.6% |
| 2012 | 3.3% | -32.7% |
| 2013 | 2.7% | -17.6% |
| 2014 | 2.9% | +8.4% |
| 2015 | 3.3% | +12.5% |
| 2016 | 3.2% | -2.2% |
| 2017 | 2.2% | -32.1% |
| 2018 | 0.5% | -75.0% |
| 2019 | 1.1% | +101.0% |
| 2020 | 2.1% | +92.5% |
| 2021 | 3.4% | +62.9% |
| 2022 | 4.0% | +16.3% |
| 2023 | 3.6% | -8.5% |
| 2024 | 2.9% | -20.4% |
Kuwait compared with similar countries
- Kuwait's 2.9% is above the median for high income countries, which is 2.4%, 1.2× the median. (64 countries reporting)
- Kuwait's 2.9% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%, 1.4× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | 0.9% | 10.6% | 10 |
| 2010s | 2.8% | 0.5% | 4.8% | 10 |
| 2020s | 3.2% | 2.1% | 4.0% | 5 |
Countries ranked near Kuwait
- 111 New Zealand 2.9% compare
- 112 Equatorial Guinea 2.9% compare
- 113 Guyana 2.9% compare
- 115 Democratic Republic of the Congo 2.9% compare
- 116 Guatemala 2.9% compare
- 117 Togo 2.9% compare
More development goals data for Kuwait
- Red List Index 0.8878 index (2025)
- Number of refugees per 100,000 population, by country of origin 67.58 per 100,000 people (2025)
- Manufacturing value added per capita 1,929 constant US$ (2025)
- Number of transboundary breeds 3 (2025)
- Number of transboundary breeds (not extinct) 3 (2025)
- Number of transboundary breeds with unknown risk status 3 (2025)
- Infant deaths 342 (2024)
- Neonatal deaths 213 (2024)
- Alcohol consumption per capita (aged 15 years and older) within a 0.1158 ltpureal (2024)
- Under-five deaths 395 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Kuwait?
- Annual inflation, consumer prices in Kuwait was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Kuwait?
- The highest recorded value was 10.6% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Kuwait?
- The lowest recorded value was 0.5% in 2018.
- How does Kuwait rank for annual inflation, consumer prices?
- Kuwait ranks 114th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Kuwait?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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