What is gross national expenditure in Kuwait?

Gross national expenditure in Kuwait was 40.70 billion current 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 40.98 billion current LCU in 2023.

What is the lowest gross national expenditure recorded in Kuwait?

The lowest recorded value was 415.00 million current LCU in 1965.

How does Kuwait rank for gross national expenditure?

Kuwait ranks 153rd out of 185 countries with data for 2024.

Is gross national expenditure rising or falling in Kuwait?

Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.

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 (current LCU). Statizoid updates them automatically from the source API.

Gross national expenditure in Kuwait

Name: Gross national expenditure in Kuwait
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Kuwait: Gross national expenditure was 40.70 billion current LCU in 2024. ◆ Volatile

Latest (2024)

40.70 billion current LCU

Change on year

down 0.7%

World rank

153rd

of 185 countries

All-time high

40.98 billion current LCU

in 2023

All-time low

415.00 million current LCU

in 1965

Years of data

1965–2024

Gross national expenditure in Kuwait, 1965–2024

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

Analysis

The most recent figure for gross national expenditure in Kuwait is 40.70 billion current LCU, measured in 2024.

The figure is down 0.7% on the previous year and up 39.5% over ten years.

Over the whole period, gross national expenditure in Kuwait peaked at 40.98 billion current LCU in 2023 and was at its lowest, 415.00 million current LCU, in 1965.

Kuwait ranks 153rd of 185 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	555.20 million current LCU	415.00 million current LCU	647.00 million current LCU	5
1970s	1.71 billion current LCU	660.00 million current LCU	3.48 billion current LCU	10
1980s	5.43 billion current LCU	4.33 billion current LCU	6.35 billion current LCU	10
1990s	7.36 billion current LCU	6.00 billion current LCU	8.57 billion current LCU	10
2000s	15.15 billion current LCU	8.52 billion current LCU	23.44 billion current LCU	10
2010s	29.94 billion current LCU	21.07 billion current LCU	37.45 billion current LCU	10
2020s	37.67 billion current LCU	32.16 billion current LCU	40.98 billion current LCU	5

Countries ranked near Kuwait

150 Latvia 45.00 billion current LCU compare
151 Eritrea 43.63 billion current LCU compare
152 Estonia 41.19 billion current LCU compare
154 South Sudan 39.89 billion current LCU compare
155 Seychelles 39.74 billion current LCU compare
156 Turkmenistan 39.34 billion current LCU compare

See the full ranking of 185 places →

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)

All data for Kuwait →

Frequently asked questions

What is gross national expenditure in Kuwait?: Gross national expenditure in Kuwait was 40.70 billion current 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 40.98 billion current LCU in 2023.
What is the lowest gross national expenditure recorded in Kuwait?: The lowest recorded value was 415.00 million current LCU in 1965.
How does Kuwait rank for gross national expenditure?: Kuwait ranks 153rd out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in Kuwait?: Over the last ten years it is up 39.5%. The long-run trend across the full record is volatile.
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 (current LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Gross national expenditure (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 185 places, 8,556 data points, 1960–2025
Last refreshed: 06 August 2026

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.