Discrepancy in expenditure estimate of GDP in Kuwait
Kuwait: Discrepancy in expenditure estimate of GDP was 9.13 current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Kuwait is 9.13 current LCU, measured in 2024.
The figure is down 98.2% on the previous year.
Over the whole period, discrepancy in expenditure estimate of gdp in Kuwait peaked at 500,000 current LCU in 1994 and was at its lowest, -145.40 million current LCU, in 1992.
Kuwait ranks 71st of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current LCU | 0 current LCU | 0 current LCU | 5 |
| 1970s | -60,040 current LCU | -299,900 current LCU | 100 current LCU | 10 |
| 1980s | 6,970 current LCU | -99,800 current LCU | 200,300 current LCU | 10 |
| 1990s | -21.67 million current LCU | -145.40 million current LCU | 500,000 current LCU | 10 |
| 2000s | 10,000 current LCU | -0 current LCU | 100,000 current LCU | 10 |
| 2010s | 4,100 current LCU | -100 current LCU | 38,800 current LCU | 10 |
| 2020s | 97,617 current LCU | -37.72 current LCU | 487,600 current LCU | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- 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)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Kuwait?
- Discrepancy in expenditure estimate of gdp in Kuwait was 9.13 current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Kuwait?
- The highest recorded value was 500,000 current LCU in 1994.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Kuwait?
- The lowest recorded value was -145.40 million current LCU in 1992.
- How does Kuwait rank for discrepancy in expenditure estimate of gdp?
- Kuwait ranks 71st out of 185 countries with data for 2024.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.