We use the kinetic theory of gases to compute the Kolmogorov-Sinai entropy per particle for a dilute gas in equilibrium. For an equilibrium system, the KS entropy, h_KS is the sum of all of the positive Lyapunov exponents characterizing the chaotic behavior of the gas. We compute h_KS/N, where N is the number of particles in the gas. This quantity has a density expansion of the form h_KS/N = a u[-ln{tilde{n}} + b + O(tilde{n})], where u is the single-particle collision frequency and tilde{n} is the reduced number density of the gas. The theoretical values for the coefficients a and b are compared with the results of computer simulations, with excellent agreement for a, and less than satisfactory agreement for b. Possible reasons for this difference in b are discussed.