Households and NPISHs Final consumption expenditure, PPP in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure, PPP was 111.65 billion current international $ in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure, PPP in Kuwait, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
The most recent figure for households and npishs final consumption expenditure, ppp in Kuwait is 111.65 billion current international $, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 5.5% on the previous year and up 59.7% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Kuwait peaked at 111.65 billion current international $ in 2024 and was at its lowest, 13.56 billion current international $, in 1992.
That places Kuwait 77th out of 181 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 22.21 billion current international $ | 13.56 billion current international $ | 30.30 billion current international $ | 10 |
| 2000s | 48.74 billion current international $ | 30.95 billion current international $ | 68.65 billion current international $ | 10 |
| 2010s | 72.39 billion current international $ | 54.53 billion current international $ | 91.59 billion current international $ | 10 |
| 2020s | 97.45 billion current international $ | 80.43 billion current international $ | 111.65 billion current international $ | 5 |
Countries ranked near Kuwait
- 74 Cameroon 124.40 billion current international $ compare
- 75 Serbia 122.61 billion current international $ compare
- 76 Bolivia 113.84 billion current international $ compare
- 78 Uganda 111.14 billion current international $ compare
- 79 Costa Rica 105.42 billion current international $ compare
- 80 Sudan 101.96 billion current international $ 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 households and npishs final consumption expenditure, ppp in Kuwait?
- Households and npishs final consumption expenditure, ppp in Kuwait was 111.65 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Kuwait?
- The highest recorded value was 111.65 billion current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Kuwait?
- The lowest recorded value was 13.56 billion current international $ in 1992.
- How does Kuwait rank for households and npishs final consumption expenditure, ppp?
- Kuwait ranks 77th out of 181 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Kuwait?
- Over the last ten years it is up 59.7%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.