Goods and services expense in Kuwait
Kuwait: Goods and services expense was 15.5% in 2006. ▼ Falling
Goods and services expense in Kuwait, 1972–2006
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Kuwait is 15.5%, measured in 2006.
The figure is down 27.7% on the previous year and down 51.9% over ten years.
Over the whole period, goods and services expense in Kuwait peaked at 35.0% in 1979 and was at its lowest, 3.1%, in 1991.
That places Kuwait 71st out of 154 countries with data for 2006, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.9% | 18.9% | 35.0% | 6 |
| 1980s | 28.7% | 23.3% | 33.3% | 10 |
| 1990s | 26.2% | 3.1% | 33.0% | 9 |
| 2000s | 22.4% | 15.5% | 26.6% | 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 goods and services expense in Kuwait?
- Goods and services expense in Kuwait was 15.5% in 2006, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Kuwait?
- The highest recorded value was 35.0% in 1979.
- What is the lowest goods and services expense recorded in Kuwait?
- The lowest recorded value was 3.1% in 1991.
- How does Kuwait rank for goods and services expense?
- Kuwait ranks 71st out of 154 countries with data for 2006.
- Is goods and services expense rising or falling in Kuwait?
- Over the last ten years it is down 51.9%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.