Final consumption expenditure in Kuwait
Kuwait: Final consumption expenditure was 67.4% in 2024. ▲ Rising
Final consumption expenditure in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, final consumption expenditure in Kuwait stood at 67.4%.
That represents a change of up 7.2% on the previous year and up 44.2% over ten years.
Over the whole period, final consumption expenditure in Kuwait peaked at 169.2% in 1991 and was at its lowest, 22.1%, in 1974.
Kuwait ranks 150th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.2% | 39.7% | 47.6% | 5 |
| 1970s | 40.6% | 22.1% | 52.2% | 10 |
| 1980s | 66.9% | 42.0% | 79.7% | 10 |
| 1990s | 90.1% | 71.8% | 169.2% | 10 |
| 2000s | 55.9% | 41.5% | 74.9% | 10 |
| 2010s | 54.4% | 38.7% | 70.9% | 10 |
| 2020s | 64.7% | 53.5% | 75.9% | 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 final consumption expenditure in Kuwait?
- Final consumption expenditure in Kuwait was 67.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Kuwait?
- The highest recorded value was 169.2% in 1991.
- What is the lowest final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 22.1% in 1974.
- How does Kuwait rank for final consumption expenditure?
- Kuwait ranks 150th out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Kuwait?
- Over the last ten years it is up 44.2%. The long-run trend across the full record is rising.
- 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 Final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.