Expense in Kuwait
Kuwait: Expense was 10.18 billion current LCU in 2006. ◆ Volatile
Expense in Kuwait, 1972–2006
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kuwait recorded 10.18 billion current LCU for expense in 2006. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 51.4% on the previous year and up 158.5% over ten years.
Over the whole period, expense in Kuwait peaked at 10.18 billion current LCU in 2006 and was at its lowest, 303.00 million current LCU, in 1972.
Kuwait ranks 134th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 760.33 million current LCU | 303.00 million current LCU | 1.12 billion current LCU | 6 |
| 1980s | 2.01 billion current LCU | 1.46 billion current LCU | 2.48 billion current LCU | 10 |
| 1990s | 4.14 billion current LCU | 2.55 billion current LCU | 6.58 billion current LCU | 9 |
| 2000s | 6.32 billion current LCU | 4.66 billion current LCU | 10.18 billion current LCU | 6 |
Countries ranked near Kuwait
More public sector data for Kuwait
- Arms imports 503.00 million SIPRI trend indicator values (2024)
- Tax revenue 1.5% (1998)
- Taxes on income, profits and capital gains 0.8% (1998)
- Taxes on goods and services 0.0% (1998)
- Net investment in nonfinancial assets 2.8% (1998)
- Net lending (+) / net borrowing (-) -5.6% (1998)
- Interest payments 3.9% (1998)
- Grants and other revenue 96.6% (1998)
- Interest payments 0.1% (2006)
- Other taxes 0.1% (1998)
Frequently asked questions
- What is expense in Kuwait?
- Expense in Kuwait was 10.18 billion current LCU in 2006, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Kuwait?
- The highest recorded value was 10.18 billion current LCU in 2006.
- What is the lowest expense recorded in Kuwait?
- The lowest recorded value was 303.00 million current LCU in 1972.
- How does Kuwait rank for expense?
- Kuwait ranks 134th out of 157 countries with data for 2006.
- Is expense rising or falling in Kuwait?
- Over the last ten years it is up 158.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. 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.