Expense in Kuwait

Kuwait: Expense was 34.6% in 2006. ◆ Volatile

Latest (2006)
34.6%
Change on year
up 21.2%
World rank
36th
of 157 countries
All-time high
210.2%
in 1991
All-time low
16.3%
in 1979
Years of data
31
1972–2006

Expense in Kuwait, 1972–2006

0501001502001972198920061972: 20.7 % of GDP1973: 22.9 % of GDP1974: 19.4 % of GDP1977: 24.4 % of GDP1978: 24.5 % of GDP1979: 16.3 % of GDP1980: 18.9 % of GDP1981: 24.3 % of GDP1982: 30.8 % of GDP1983: 35.5 % of GDP1984: 31.8 % of GDP1985: 33.5 % of GDP1986: 38.6 % of GDP1987: 30.6 % of GDP1988: 39.5 % of GDP1989: 34.7 % of GDP1990: 48 % of GDP1991: 210.2 % of GDP1992: 92.3 % of GDP1993: 55.2 % of GDP1994: 52.2 % of GDP1995: 46.4 % of GDP1996: 41.8 % of GDP1997: 38.2 % of GDP1998: 46.5 % of GDP2001: 43.5 % of GDP2002: 41.4 % of GDP2003: 37.8 % of GDP2004: 35.3 % of GDP2005: 28.5 % of GDP2006: 34.6 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Kuwait is 34.6%, measured in 2006.

That represents a change of up 21.2% on the previous year and down 17.3% over ten years.

Over the whole period, expense in Kuwait peaked at 210.2% in 1991 and was at its lowest, 16.3%, in 1979.

That places Kuwait 36th out of 157 countries with data for 2006, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.4% 16.3% 24.5% 6
1980s 31.8% 18.9% 39.5% 10
1990s 70.1% 38.2% 210.2% 9
2000s 36.8% 28.5% 43.5% 6

Countries ranked near Kuwait

  1. 33 Serbia 35.5% compare
  2. 34 Bosnia and Herzegovina 35.3% compare
  3. 35 Tonga 34.7% compare
  4. 37 Norway 34.5% compare
  5. 38 Moldova 34.5% compare
  6. 39 Czechia 34.4% compare

See the full ranking of 183 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is expense in Kuwait?
Expense in Kuwait was 34.6% 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 210.2% in 1991.
What is the lowest expense recorded in Kuwait?
The lowest recorded value was 16.3% in 1979.
How does Kuwait rank for expense?
Kuwait ranks 36th out of 157 countries with data for 2006.
Is expense rising or falling in Kuwait?
Over the last ten years it is down 17.3%. 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 (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.