Annual growth of the general government final consumption expenditure in Kuwait
Kuwait: Annual growth of the general government final consumption expenditure was 4.2% in 2023. ◆ Volatile
Annual growth of the general government final consumption expenditure in Kuwait, 2011–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, annual growth of the general government final consumption expenditure in Kuwait stood at 4.2%.
Compared with earlier readings it is up 347.5% on the previous year and down 59.9% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Kuwait peaked at 13.6% in 2012 and was at its lowest, -4.3%, in 2014.
That places Kuwait 57th out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 7.5% | — |
| 2012 | 13.6% | +81.7% |
| 2013 | 10.5% | -23.1% |
| 2014 | -4.3% | -140.9% |
| 2015 | -1.5% | -64.7% |
| 2016 | 0.6% | -141.6% |
| 2017 | 2.0% | +221.9% |
| 2018 | 6.3% | +209.3% |
| 2019 | 7.8% | +23.9% |
| 2020 | -2.3% | -129.7% |
| 2021 | 9.1% | -496.5% |
| 2022 | 0.9% | -89.7% |
| 2023 | 4.2% | +347.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.7% | -4.3% | 13.6% | 9 |
| 2020s | 3.0% | -2.3% | 9.1% | 4 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.61 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 5.46 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.1275 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 4,190 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.56 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3371 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 11,077 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.22 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6738 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Kuwait?
- Annual growth of the general government final consumption expenditure in Kuwait was 4.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Kuwait?
- The highest recorded value was 13.6% in 2012.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Kuwait?
- The lowest recorded value was -4.3% in 2014.
- How does Kuwait rank for annual growth of the general government final consumption expenditure?
- Kuwait ranks 57th out of 181 countries with data for 2023.
- Is annual growth of the general government final consumption expenditure rising or falling in Kuwait?
- Over the last ten years it is down 59.9%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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