Oil reserves, per unit of GDP in Kuwait
Kuwait: Oil reserves, per unit of GDP was 0.1088 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Kuwait, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2021, oil reserves, per unit of gdp in Kuwait stood at 0.1088 cubic meters per US$ of GDP.
The figure is down 25.1% on the previous year and up 3.8% over ten years.
Over the whole period, oil reserves, per unit of gdp in Kuwait peaked at 1.4 cubic meters per US$ of GDP in 1991 and was at its lowest, 0.0927 cubic meters per US$ of GDP, in 2013.
That places Kuwait 4th out of 198 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Kuwait, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.3804 cubic meters per US$ of GDP | — |
| 1981 | 0.431 cubic meters per US$ of GDP | +13.3% |
| 1982 | 0.4991 cubic meters per US$ of GDP | +15.8% |
| 1983 | 0.5115 cubic meters per US$ of GDP | +2.5% |
| 1984 | 0.489 cubic meters per US$ of GDP | -4.4% |
| 1985 | 0.6873 cubic meters per US$ of GDP | +40.5% |
| 1986 | 0.8211 cubic meters per US$ of GDP | +19.5% |
| 1987 | 0.6718 cubic meters per US$ of GDP | -18.2% |
| 1988 | 0.7263 cubic meters per US$ of GDP | +8.1% |
| 1989 | 0.6181 cubic meters per US$ of GDP | -14.9% |
| 1990 | 0.838 cubic meters per US$ of GDP | +35.6% |
| 1991 | 1.4 cubic meters per US$ of GDP | +67.2% |
| 1992 | 0.7726 cubic meters per US$ of GDP | -44.9% |
| 1993 | 0.6408 cubic meters per US$ of GDP | -17.1% |
| 1994 | 0.6174 cubic meters per US$ of GDP | -3.7% |
| 1995 | 0.5643 cubic meters per US$ of GDP | -8.6% |
| 1996 | 0.4872 cubic meters per US$ of GDP | -13.7% |
| 1997 | 0.5055 cubic meters per US$ of GDP | +3.8% |
| 1998 | 0.5914 cubic meters per US$ of GDP | +17.0% |
| 1999 | 0.5093 cubic meters per US$ of GDP | -13.9% |
| 2000 | 0.4068 cubic meters per US$ of GDP | -20.1% |
| 2001 | 0.4397 cubic meters per US$ of GDP | +8.1% |
| 2002 | 0.4023 cubic meters per US$ of GDP | -8.5% |
| 2003 | 0.3205 cubic meters per US$ of GDP | -20.3% |
| 2004 | 0.2648 cubic meters per US$ of GDP | -17.4% |
| 2005 | 0.1997 cubic meters per US$ of GDP | -24.6% |
| 2006 | 0.1589 cubic meters per US$ of GDP | -20.4% |
| 2007 | 0.1408 cubic meters per US$ of GDP | -11.4% |
| 2008 | 0.1095 cubic meters per US$ of GDP | -22.2% |
| 2009 | 0.1523 cubic meters per US$ of GDP | +39.1% |
| 2010 | 0.1398 cubic meters per US$ of GDP | -8.2% |
| 2011 | 0.1048 cubic meters per US$ of GDP | -25.1% |
| 2012 | 0.0927 cubic meters per US$ of GDP | -11.5% |
| 2013 | 0.0927 cubic meters per US$ of GDP | -0.1% |
| 2014 | 0.0992 cubic meters per US$ of GDP | +7.1% |
| 2015 | 0.1408 cubic meters per US$ of GDP | +41.9% |
| 2016 | 0.1475 cubic meters per US$ of GDP | +4.7% |
| 2017 | 0.1337 cubic meters per US$ of GDP | -9.3% |
| 2018 | 0.1164 cubic meters per US$ of GDP | -13.0% |
| 2019 | 0.1146 cubic meters per US$ of GDP | -1.6% |
| 2020 | 0.1453 cubic meters per US$ of GDP | +26.8% |
| 2021 | 0.1088 cubic meters per US$ of GDP | -25.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5836 cubic meters per US$ of GDP | 0.3804 cubic meters per US$ of GDP | 0.8211 cubic meters per US$ of GDP | 10 |
| 1990s | 0.6928 cubic meters per US$ of GDP | 0.4872 cubic meters per US$ of GDP | 1.4 cubic meters per US$ of GDP | 10 |
| 2000s | 0.2595 cubic meters per US$ of GDP | 0.1095 cubic meters per US$ of GDP | 0.4397 cubic meters per US$ of GDP | 10 |
| 2010s | 0.1182 cubic meters per US$ of GDP | 0.0927 cubic meters per US$ of GDP | 0.1475 cubic meters per US$ of GDP | 10 |
| 2020s | 0.127 cubic meters per US$ of GDP | 0.1088 cubic meters per US$ of GDP | 0.1453 cubic meters per US$ of GDP | 2 |
Countries ranked near Kuwait
- 1 Venezuela, Bolivarian Republic of 0.8532 cubic meters per US$ of GDP compare
- 2 Libya 0.2183 cubic meters per US$ of GDP compare
- 3 Iraq 0.11 cubic meters per US$ of GDP compare
- 5 Iran, Islamic Republic of 0.0814 cubic meters per US$ of GDP compare
- 6 Saudi Arabia 0.0418 cubic meters per US$ of GDP compare
- 7 United Arab Emirates 0.0368 cubic meters per US$ of GDP compare
More energy & mining data for Kuwait
- Fuel imports 0.6% (2024)
- Ores and metals imports 2.0% (2024)
- Ores and metals exports 0.1% (2024)
- Gas production 155.3 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 30,898 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 155.3 terawatt-hours (2025)
- Gas production per person 30,898 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is oil reserves, per unit of gdp in Kuwait?
- Oil reserves, per unit of gdp in Kuwait was 0.1088 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Kuwait?
- The highest recorded value was 1.4 cubic meters per US$ of GDP in 1991.
- What is the lowest oil reserves, per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0927 cubic meters per US$ of GDP in 2013.
- How does Kuwait rank for oil reserves, per unit of gdp?
- Kuwait ranks 4th out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.