Kuwait: Currency +/- valuation index

This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist's Big Mac Index).

To arrive at the figure, the Global Property Guide takes the difference between the IMF's nominal GDP figures, and their purchasing power parity GDP figures for the latest year available.

Note that currency undervaluation (as measured by PPP) is not a good predictor of future currency movements.

These cost of living indicators refer to data collected annually (for date of collection, see Data FAQ )

Source: calculated using figures from the IMF World Economic Outlook Database

Kuwait does not publish official house price statistics. The Kuwait Real Estate Sector Report published by the Global Investment House is a good source of information on residential unit prices, land prices, construction and sales activities.

General economics statistics are assembled by the International Monetary Fund, originally sourced from the Ministry of Planning and the Central Statistical Office.