Iran, Islamic Republic of vs Kuwait: Final consumption expenditure
Final consumption expenditure over time
- Iran, Islamic Republic of
- Kuwait
How they compare
Kuwait currently reports 67.4% against 67.0% in Iran, Islamic Republic of, a difference of 0.4%.
The two have swapped places 5 times across 60 shared years of data; in 1965 it was Iran, Islamic Republic of ahead.
Iran, Islamic Republic of ranks 154th and Kuwait ranks 151st of 188 countries.
Across the 7 decades both report, Iran, Islamic Republic of averaged higher in 5 and Kuwait in 2.
Head to head by decade
| Decade | Iran, Islamic Republic of | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 76.5% | 44.2% | 32.3% | Iran, Islamic Republic of |
| 1970s | 67.6% | 40.6% | 27.0% | Iran, Islamic Republic of |
| 1980s | 83.1% | 66.9% | 16.2% | Iran, Islamic Republic of |
| 1990s | 67.8% | 90.1% | 22.3% | Kuwait |
| 2000s | 55.9% | 55.9% | 0.0% | Iran, Islamic Republic of |
| 2010s | 61.0% | 54.4% | 6.6% | Iran, Islamic Republic of |
| 2020s | 56.5% | 64.7% | 8.3% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Iran, Islamic Republic of or Kuwait?
- Kuwait, at 67.4% against 67.0% in Iran, Islamic Republic of as of 2024.
- What is the difference in final consumption expenditure between Iran, Islamic Republic of and Kuwait?
- 0.4%, with Kuwait ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Kuwait?
- 60 years are reported by both, from 1965 to 2024.
- How do Iran, Islamic Republic of and Kuwait rank globally for final consumption expenditure?
- Iran, Islamic Republic of ranks 154th and Kuwait ranks 151st of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.