General government final consumption expenditure in Kuwait

Kuwait: General government final consumption expenditure was 9.72 billion constant LCU in 2024. ▲ Rising

Latest (2024)
9.72 billion constant LCU
Change on year
up 2.3%
World rank
138th
of 175 countries
All-time high
9.72 billion constant LCU
in 2024
All-time low
5.67 billion constant LCU
in 2010
Years of data
15
2010–2024

General government final consumption expenditure in Kuwait, 2010–2024

02.0B4.0B6.0B8.0B10.0B2010201720242010: 5.7B constant LCU2011: 6.1B constant LCU2012: 6.9B constant LCU2013: 7.6B constant LCU2014: 7.3B constant LCU2015: 7.2B constant LCU2016: 7.3B constant LCU2017: 7.4B constant LCU2018: 7.9B constant LCU2019: 8.5B constant LCU2020: 8.3B constant LCU2021: 9.0B constant LCU2022: 9.1B constant LCU2023: 9.5B constant LCU2024: 9.7B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for general government final consumption expenditure in Kuwait is 9.72 billion constant LCU, measured in 2024. That is the highest value across all 15 years on record.

That represents a change of up 2.3% on the previous year and up 32.8% over ten years.

Over the whole period, general government final consumption expenditure in Kuwait peaked at 9.72 billion constant LCU in 2024 and was at its lowest, 5.67 billion constant LCU, in 2010.

Kuwait ranks 138th of 175 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 7.18 billion constant LCU 5.67 billion constant LCU 8.47 billion constant LCU 10
2020s 9.13 billion constant LCU 8.28 billion constant LCU 9.72 billion constant LCU 5

Countries ranked near Kuwait

  1. 135 Panama 10.14 billion constant LCU compare
  2. 136 Gambia 9.89 billion constant LCU compare
  3. 137 Lithuania 9.76 billion constant LCU compare
  4. 139 Puerto Rico 9.64 billion constant LCU compare
  5. 140 Eritrea 8.45 billion constant LCU compare
  6. 141 Bosnia and Herzegovina 8.31 billion constant LCU compare

See the full ranking of 175 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is general government final consumption expenditure in Kuwait?
General government final consumption expenditure in Kuwait was 9.72 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Kuwait?
The highest recorded value was 9.72 billion constant LCU in 2024.
What is the lowest general government final consumption expenditure recorded in Kuwait?
The lowest recorded value was 5.67 billion constant LCU in 2010.
How does Kuwait rank for general government final consumption expenditure?
Kuwait ranks 138th out of 175 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Kuwait?
Over the last ten years it is up 32.8%. 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 General government final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
175 places, 7,363 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.