Total natural resource rents in Kuwait

Kuwait: Total natural resource rents was 29.3% in 2020. ▼ Falling

Latest (2020)
29.3%
Change on year
down 26.5%
World rank
12th
of 211 countries
All-time high
71.2%
in 1974
All-time low
13.4%
in 1991
Years of data
50
1970–2020

Total natural resource rents in Kuwait, 1970–2020

20406080197019952020

Source: The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for total natural resource rents in Kuwait is 29.3%, measured in 2020.

The figure is down 26.5% on the previous year and down 40.0% over ten years.

Over the whole period, total natural resource rents in Kuwait peaked at 71.2% in 1974 and was at its lowest, 13.4%, in 1991.

Kuwait ranks 12th of 211 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 50 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 53.6% 34.9% 71.2% 9
1980s 38.3% 24.2% 67.8% 10
1990s 34.2% 13.4% 41.2% 10
2000s 46.9% 38.1% 54.1% 10
2010s 46.8% 32.4% 59.1% 10
2020s 29.3% 29.3% 29.3% 1

Countries ranked near Kuwait

  1. 9 Iran 30.4% compare
  2. 10 Angola 30.0% compare
  3. 11 Azerbaijan 29.9% compare
  4. 13 Oman 29.2% compare
  5. 14 Papua New Guinea 27.4% compare
  6. 15 Qatar 27.3% compare

See the full ranking of 211 places →

More reference data data for Kuwait

All data for Kuwait →

Frequently asked questions

What is total natural resource rents in Kuwait?
Total natural resource rents in Kuwait was 29.3% in 2020, according to The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data.
What is the highest total natural resource rents recorded in Kuwait?
The highest recorded value was 71.2% in 1974.
What is the lowest total natural resource rents recorded in Kuwait?
The lowest recorded value was 13.4% in 1991.
How does Kuwait rank for total natural resource rents?
Kuwait ranks 12th out of 211 countries with data for 2020.
Is total natural resource rents rising or falling in Kuwait?
Over the last ten years it is down 40.0%. The long-run trend across the full record is falling.
Where does this Kuwait data come from?
The figures come from The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data, published as part of Total natural resource rents. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Total natural resource rents
Unit
% of GDP
Source
The Changing Wealth of Nations, World Bank staff estimates, via World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 9,209 data points, 1970–2021
Last refreshed

Natural resources rents are estimated as the difference between the price of a commodity and the average cost of producing it. Total natural resources rents are the sum of oil rents, natural gas rents, coal rents, mineral rents, and forest rents.