DEC alternative conversion factor in Kuwait
Kuwait: DEC alternative conversion factor was 0.3065 LCU per US$ in 2025. ▼ Falling
Latest (2025)
0.3065 LCU per US$
Change on year
down 0.1%
World rank
215th
of 215 countries
All-time high
0.3572 LCU per US$
in 1960
All-time low
0.2688 LCU per US$
in 2008
Years of data
66
1960–2025
DEC alternative conversion factor in Kuwait, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Kuwait stood at 0.3065 LCU per US$.
That represents a change of down 0.1% on the previous year and up 1.9% over ten years.
Over the whole period, dec alternative conversion factor in Kuwait peaked at 0.3572 LCU per US$ in 1960 and was at its lowest, 0.2688 LCU per US$, in 2008.
Kuwait ranks 215th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
DEC alternative conversion factor in Kuwait, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1960 | 0.3572 LCU per US$ | — |
| 1961 | 0.3572 LCU per US$ | +0.0% |
| 1962 | 0.3572 LCU per US$ | +0.0% |
| 1963 | 0.3572 LCU per US$ | +0.0% |
| 1964 | 0.3572 LCU per US$ | +0.0% |
| 1965 | 0.3571 LCU per US$ | -0.0% |
| 1966 | 0.3571 LCU per US$ | +0.0% |
| 1967 | 0.3571 LCU per US$ | +0.0% |
| 1968 | 0.3571 LCU per US$ | +0.0% |
| 1969 | 0.3571 LCU per US$ | +0.0% |
| 1970 | 0.3571 LCU per US$ | +0.0% |
| 1971 | 0.3561 LCU per US$ | -0.3% |
| 1972 | 0.3289 LCU per US$ | -7.6% |
| 1973 | 0.2966 LCU per US$ | -9.8% |
| 1974 | 0.2932 LCU per US$ | -1.2% |
| 1975 | 0.29 LCU per US$ | -1.1% |
| 1976 | 0.2924 LCU per US$ | +0.8% |
| 1977 | 0.2866 LCU per US$ | -2.0% |
| 1978 | 0.2751 LCU per US$ | -4.0% |
| 1979 | 0.2764 LCU per US$ | +0.5% |
| 1980 | 0.2703 LCU per US$ | -2.2% |
| 1981 | 0.2788 LCU per US$ | +3.1% |
| 1982 | 0.2879 LCU per US$ | +3.3% |
| 1983 | 0.2915 LCU per US$ | +1.2% |
| 1984 | 0.2961 LCU per US$ | +1.6% |
| 1985 | 0.3008 LCU per US$ | +1.6% |
| 1986 | 0.2906 LCU per US$ | -3.4% |
| 1987 | 0.2787 LCU per US$ | -4.1% |
| 1988 | 0.279 LCU per US$ | +0.1% |
| 1989 | 0.2938 LCU per US$ | +5.3% |
| 1990 | 0.288 LCU per US$ | -2.0% |
| 1991 | 0.2843 LCU per US$ | -1.3% |
| 1992 | 0.2934 LCU per US$ | +3.2% |
| 1993 | 0.302 LCU per US$ | +2.9% |
| 1994 | 0.297 LCU per US$ | -1.7% |
| 1995 | 0.2984 LCU per US$ | +0.5% |
| 1996 | 0.2994 LCU per US$ | +0.3% |
| 1997 | 0.3033 LCU per US$ | +1.3% |
| 1998 | 0.3048 LCU per US$ | +0.5% |
| 1999 | 0.3044 LCU per US$ | -0.1% |
| 2000 | 0.3068 LCU per US$ | +0.8% |
| 2001 | 0.3067 LCU per US$ | -0.0% |
| 2002 | 0.3039 LCU per US$ | -0.9% |
| 2003 | 0.298 LCU per US$ | -1.9% |
| 2004 | 0.2947 LCU per US$ | -1.1% |
| 2005 | 0.292 LCU per US$ | -0.9% |
| 2006 | 0.2902 LCU per US$ | -0.6% |
| 2007 | 0.2842 LCU per US$ | -2.1% |
| 2008 | 0.2688 LCU per US$ | -5.4% |
| 2009 | 0.2878 LCU per US$ | +7.1% |
| 2010 | 0.2866 LCU per US$ | -0.4% |
| 2011 | 0.276 LCU per US$ | -3.7% |
| 2012 | 0.2799 LCU per US$ | +1.4% |
| 2013 | 0.2836 LCU per US$ | +1.3% |
| 2014 | 0.2846 LCU per US$ | +0.3% |
| 2015 | 0.3009 LCU per US$ | +5.7% |
| 2016 | 0.3021 LCU per US$ | +0.4% |
| 2017 | 0.3034 LCU per US$ | +0.4% |
| 2018 | 0.302 LCU per US$ | -0.5% |
| 2019 | 0.3036 LCU per US$ | +0.5% |
| 2020 | 0.3062 LCU per US$ | +0.9% |
| 2021 | 0.3016 LCU per US$ | -1.5% |
| 2022 | 0.3063 LCU per US$ | +1.5% |
| 2023 | 0.3072 LCU per US$ | +0.3% |
| 2024 | 0.3067 LCU per US$ | -0.2% |
| 2025 | 0.3065 LCU per US$ | -0.1% |
Kuwait compared with similar countries
- Kuwait's 0.3065 LCU per US$ is below the median for high income countries, which is 1 LCU per US$, 31% of the median. (83 countries reporting)
- Kuwait's 0.3065 LCU per US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 5.31 LCU per US$, 6% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3572 LCU per US$ | 0.3571 LCU per US$ | 0.3572 LCU per US$ | 10 |
| 1970s | 0.3052 LCU per US$ | 0.2751 LCU per US$ | 0.3571 LCU per US$ | 10 |
| 1980s | 0.2867 LCU per US$ | 0.2703 LCU per US$ | 0.3008 LCU per US$ | 10 |
| 1990s | 0.2975 LCU per US$ | 0.2843 LCU per US$ | 0.3048 LCU per US$ | 10 |
| 2000s | 0.2933 LCU per US$ | 0.2688 LCU per US$ | 0.3068 LCU per US$ | 10 |
| 2010s | 0.2923 LCU per US$ | 0.276 LCU per US$ | 0.3036 LCU per US$ | 10 |
| 2020s | 0.3057 LCU per US$ | 0.3016 LCU per US$ | 0.3072 LCU per US$ | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in Kuwait?
- Dec alternative conversion factor in Kuwait was 0.3065 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Kuwait?
- The highest recorded value was 0.3572 LCU per US$ in 1960.
- What is the lowest dec alternative conversion factor recorded in Kuwait?
- The lowest recorded value was 0.2688 LCU per US$ in 2008.
- How does Kuwait rank for dec alternative conversion factor?
- Kuwait ranks 215th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Kuwait?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.