Households and NPISHs Final consumption expenditure in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure was 20.52 billion current LCU in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Kuwait is 20.52 billion current LCU, measured in 2024. That is the highest value across all 60 years on record.
The figure is up 5.5% on the previous year and up 53.0% over ten years.
Over the whole period, households and npishs final consumption expenditure in Kuwait peaked at 20.52 billion current LCU in 2024 and was at its lowest, 198.00 million current LCU, in 1965.
That places Kuwait 157th out of 189 countries with data for 2024, putting it 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 | 262.60 million current LCU | 198.00 million current LCU | 306.00 million current LCU | 5 |
| 1970s | 865.54 million current LCU | 396.30 million current LCU | 1.78 billion current LCU | 10 |
| 1980s | 2.92 billion current LCU | 2.39 billion current LCU | 3.66 billion current LCU | 10 |
| 1990s | 3.57 billion current LCU | 2.23 billion current LCU | 4.78 billion current LCU | 10 |
| 2000s | 7.54 billion current LCU | 4.81 billion current LCU | 11.15 billion current LCU | 10 |
| 2010s | 13.61 billion current LCU | 9.56 billion current LCU | 17.18 billion current LCU | 10 |
| 2020s | 18.23 billion current LCU | 15.56 billion current LCU | 20.52 billion current LCU | 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 households and npishs final consumption expenditure in Kuwait?
- Households and npishs final consumption expenditure in Kuwait was 20.52 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Kuwait?
- The highest recorded value was 20.52 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 198.00 million current LCU in 1965.
- How does Kuwait rank for households and npishs final consumption expenditure?
- Kuwait ranks 157th out of 189 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Kuwait?
- Over the last ten years it is up 53.0%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.