Gross national expenditure in Kuwait

Kuwait: Gross national expenditure was 29.83 billion constant LCU in 2024. ▲ Rising

Latest (2024)
29.83 billion constant LCU
Change on year
down 2.8%
World rank
141st
of 168 countries
All-time high
30.68 billion constant LCU
in 2023
All-time low
21.07 billion constant LCU
in 2010
Years of data
15
2010–2024

Gross national expenditure in Kuwait, 2010–2024

010.0B20.0B30.0B2010201720242010: 21.1B constant LCU2011: 21.6B constant LCU2012: 23.6B constant LCU2013: 24.9B constant LCU2014: 25.9B constant LCU2015: 27.2B constant LCU2016: 28.3B constant LCU2017: 29.0B constant LCU2018: 30.4B constant LCU2019: 30.5B constant LCU2020: 25.8B constant LCU2021: 27.5B constant LCU2022: 30.2B constant LCU2023: 30.7B constant LCU2024: 29.8B constant LCU

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

Analysis

The most recent figure for gross national expenditure in Kuwait is 29.83 billion constant LCU, measured in 2024.

That represents a change of down 2.8% on the previous year and up 15.3% over ten years.

Over the whole period, gross national expenditure in Kuwait peaked at 30.68 billion constant LCU in 2023 and was at its lowest, 21.07 billion constant LCU, in 2010.

Kuwait ranks 141st of 168 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 26.25 billion constant LCU 21.07 billion constant LCU 30.54 billion constant LCU 10
2020s 28.80 billion constant LCU 25.79 billion constant LCU 30.68 billion constant LCU 5

Countries ranked near Kuwait

  1. 138 Latvia 33.86 billion constant LCU compare
  2. 139 Seychelles 32.82 billion constant LCU compare
  3. 140 Oman 31.88 billion constant LCU compare
  4. 142 Estonia 29.79 billion constant LCU compare
  5. 143 Cyprus 29.00 billion constant LCU compare
  6. 144 Greenland 20.63 billion constant LCU compare

See the full ranking of 168 places →

More economy & growth data for Kuwait

All data for Kuwait →

Frequently asked questions

What is gross national expenditure in Kuwait?
Gross national expenditure in Kuwait was 29.83 billion constant LCU 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 30.68 billion constant LCU in 2023.
What is the lowest gross national expenditure recorded in Kuwait?
The lowest recorded value was 21.07 billion constant LCU in 2010.
How does Kuwait rank for gross national expenditure?
Kuwait ranks 141st out of 168 countries with data for 2024.
Is gross national expenditure rising or falling in Kuwait?
Over the last ten years it is up 15.3%. 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 LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross national 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
168 places, 7,001 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.