DEC alternative conversion factor in Kuwait
Kuwait: DEC alternative conversion factor was 0.3065 LCU per US$ in 2025. ▼ Falling
DEC alternative conversion factor in Kuwait, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Kuwait stood at 0.3065 LCU per US$.
That represents a change of down 0.1% on the previous year and up 1.9% over ten years.
Over the whole period, dec alternative conversion factor in Kuwait peaked at 0.3572 LCU per US$ in 1960 and was at its lowest, 0.2688 LCU per US$, in 2008.
Kuwait ranks 214th of 214 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3572 LCU per US$ | 0.3571 LCU per US$ | 0.3572 LCU per US$ | 10 |
| 1970s | 0.3052 LCU per US$ | 0.2751 LCU per US$ | 0.3571 LCU per US$ | 10 |
| 1980s | 0.2867 LCU per US$ | 0.2703 LCU per US$ | 0.3008 LCU per US$ | 10 |
| 1990s | 0.2975 LCU per US$ | 0.2843 LCU per US$ | 0.3048 LCU per US$ | 10 |
| 2000s | 0.2933 LCU per US$ | 0.2688 LCU per US$ | 0.3068 LCU per US$ | 10 |
| 2010s | 0.2923 LCU per US$ | 0.276 LCU per US$ | 0.3036 LCU per US$ | 10 |
| 2020s | 0.3057 LCU per US$ | 0.3016 LCU per US$ | 0.3072 LCU per US$ | 6 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
- Taxes less subsidies on products -11.79 billion current US$ (2025)
- Net primary income (Net income from abroad) 10.15 billion current LCU (2024)
- Net primary income (Net income from abroad) 33.08 billion current US$ (2024)
- GNI per capita 12,148 current LCU (2024)
- GNI per capita, Atlas method 41,110 current US$ (2024)
- GNI 59.49 billion current LCU (2024)
- GNI 193.99 billion current US$ (2024)
Frequently asked questions
- What is dec alternative conversion factor in Kuwait?
- Dec alternative conversion factor in Kuwait was 0.3065 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Kuwait?
- The highest recorded value was 0.3572 LCU per US$ in 1960.
- What is the lowest dec alternative conversion factor recorded in Kuwait?
- The lowest recorded value was 0.2688 LCU per US$ in 2008.
- How does Kuwait rank for dec alternative conversion factor?
- Kuwait ranks 214th out of 214 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Kuwait?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.