Gross national expenditure in Kuwait
Kuwait: Gross national expenditure was 132.71 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Kuwait recorded 132.71 billion current US$ for gross national expenditure in 2024.
The figure is down 0.5% on the previous year and up 29.5% over ten years.
Over the whole period, gross national expenditure in Kuwait peaked at 133.41 billion current US$ in 2023 and was at its lowest, 1.16 billion current US$, in 1965.
Kuwait ranks 64th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.55 billion current US$ | 1.16 billion current US$ | 1.81 billion current US$ | 5 |
| 1970s | 5.87 billion current US$ | 1.85 billion current US$ | 12.58 billion current US$ | 10 |
| 1980s | 18.92 billion current US$ | 16.02 billion current US$ | 21.63 billion current US$ | 10 |
| 1990s | 24.71 billion current US$ | 20.85 billion current US$ | 28.16 billion current US$ | 10 |
| 2000s | 52.37 billion current US$ | 27.79 billion current US$ | 87.20 billion current US$ | 10 |
| 2010s | 101.98 billion current US$ | 73.50 billion current US$ | 123.35 billion current US$ | 10 |
| 2020s | 123.23 billion current US$ | 105.03 billion current US$ | 133.41 billion current US$ | 5 |
Countries ranked near Kuwait
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 132.71 billion current 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 133.41 billion current US$ in 2023.
- What is the lowest gross national expenditure recorded in Kuwait?
- The lowest recorded value was 1.16 billion current US$ in 1965.
- How does Kuwait rank for gross national expenditure?
- Kuwait ranks 64th 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 29.5%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.