Gross national expenditure in Kuwait
Kuwait: Gross national expenditure was 114.97 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kuwait recorded 114.97 billion constant 2015 US$ for gross national expenditure in 2024.
That represents a change of down 2.6% on the previous year and up 15.6% over ten years.
Over the whole period, gross national expenditure in Kuwait peaked at 118.00 billion constant 2015 US$ in 2023 and was at its lowest, 80.91 billion constant 2015 US$, in 2010.
That places Kuwait 57th out of 162 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 100.79 billion constant 2015 US$ | 80.91 billion constant 2015 US$ | 117.28 billion constant 2015 US$ | 10 |
| 2020s | 110.90 billion constant 2015 US$ | 99.39 billion constant 2015 US$ | 118.00 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 54 Qatar 135.08 billion constant 2015 US$ compare
- 55 Ukraine 130.31 billion constant 2015 US$ compare
- 56 Kenya 116.48 billion constant 2015 US$ compare
- 58 Dominican Republic 112.84 billion constant 2015 US$ compare
- 59 Ecuador 111.99 billion constant 2015 US$ compare
- 60 Puerto Rico 104.80 billion constant 2015 US$ compare
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 gross national expenditure in Kuwait?
- Gross national expenditure in Kuwait was 114.97 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Kuwait?
- The highest recorded value was 118.00 billion constant 2015 US$ in 2023.
- What is the lowest gross national expenditure recorded in Kuwait?
- The lowest recorded value was 80.91 billion constant 2015 US$ in 2010.
- How does Kuwait rank for gross national expenditure?
- Kuwait ranks 57th out of 162 countries with data for 2024.
- Is gross national expenditure rising or falling in Kuwait?
- Over the last ten years it is up 15.6%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 is 2015. This indicator is expressed in United States dollars.