Iceland vs Kuwait: GDP per unit of energy use

Iceland
5.22 PPP $ per kg of oil equivalent
in 2024
Kuwait
5.93 PPP $ per kg of oil equivalent
in 2023
Iceland rank
165th
Kuwait rank
163rd

GDP per unit of energy use over time

  • Iceland
  • Kuwait
2.557.51012.5199020072024

How they compare

Kuwait currently reports 5.93 PPP $ per kg of oil equivalent against 5.22 PPP $ per kg of oil equivalent in Iceland, a difference of 0.71 PPP $ per kg of oil equivalent.

That makes Kuwait's figure about 1.1 times Iceland's.

Across all 34 years both countries report, Kuwait has been ahead every year.

Iceland ranks 165th and Kuwait ranks 163rd of 171 countries.

Kuwait has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Kuwait Difference Ahead
1990s 2.88 PPP $ per kg of oil equivalent 7.08 PPP $ per kg of oil equivalent 4.2 PPP $ per kg of oil equivalent Kuwait
2000s 2.9 PPP $ per kg of oil equivalent 7.34 PPP $ per kg of oil equivalent 4.44 PPP $ per kg of oil equivalent Kuwait
2010s 2.9 PPP $ per kg of oil equivalent 6.29 PPP $ per kg of oil equivalent 3.39 PPP $ per kg of oil equivalent Kuwait
2020s 4.4 PPP $ per kg of oil equivalent 5.63 PPP $ per kg of oil equivalent 1.23 PPP $ per kg of oil equivalent Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp per unit of energy use, Iceland or Kuwait?
Kuwait, at 5.93 PPP $ per kg of oil equivalent against 5.22 PPP $ per kg of oil equivalent in Iceland as of 2023.
What is the difference in gdp per unit of energy use between Iceland and Kuwait?
0.71 PPP $ per kg of oil equivalent, with Kuwait ahead.
How many years of comparable data are there for Iceland and Kuwait?
34 years are reported by both, from 1990 to 2023.
How do Iceland and Kuwait rank globally for gdp per unit of energy use?
Iceland ranks 165th and Kuwait ranks 163rd of 171 countries.
Where does this data come from?
IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as GDP per unit of energy use (PPP $ per kg of oil equivalent). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Kuwait: GDP per unit of energy use. Statizoid, drawing on IEA Energy Statistics Data Browser, International Energy Agency (IEA). Retrieved 12 September 2026, from https://energy.statizoid.com/compare/gdp-per-unit-of-energy-use-ppp-per-kg-of-oil-equivalent/iceland/kuwait/

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About this data

Indicator
GDP per unit of energy use (PPP $ per kg of oil equivalent)
Unit
PPP $ per kg of oil equivalent
Source
IEA Energy Statistics Data Browser, International Energy Agency (IEA)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
218 places, 6,469 data points, 1990–2024
Last refreshed

GDP per unit of energy use is the PPP GDP per kilogram of oil equivalent of energy use. PPP GDP is gross domestic product converted to current international dollars using purchasing power parity rates based on the 2017 ICP round. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.