Discrepancy in expenditure estimate of GDP in Kuwait
Kuwait: Discrepancy in expenditure estimate of GDP was 0.099 constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Kuwait is 0.099 constant LCU, measured in 2024.
Compared with earlier readings it is up 153.3% on the previous year and up 100.1% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Kuwait peaked at 100,000 constant LCU in 2020 and was at its lowest, -155,100 constant LCU, in 2012.
Kuwait ranks 63rd of 153 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Kuwait, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2010 | 3,800 constant LCU | — |
| 2011 | 92,200 constant LCU | +2326.3% |
| 2012 | -155,100 constant LCU | -268.2% |
| 2013 | 2,800 constant LCU | -101.8% |
| 2014 | -100 constant LCU | -103.6% |
| 2015 | 500 constant LCU | -600.0% |
| 2016 | -300 constant LCU | -160.0% |
| 2017 | 0 constant LCU | -100.0% |
| 2018 | -100 constant LCU | — |
| 2019 | 0 constant LCU | -100.0% |
| 2020 | 100,000 constant LCU | — |
| 2021 | -4,300 constant LCU | -104.3% |
| 2022 | 12,200 constant LCU | -383.7% |
| 2023 | -0.1858 constant LCU | -100.0% |
| 2024 | 0.099 constant LCU | -153.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -5,630 constant LCU | -155,100 constant LCU | 92,200 constant LCU | 10 |
| 2020s | 21,580 constant LCU | -4,300 constant LCU | 100,000 constant LCU | 5 |
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)
- Services, value added (constant LCU), per capita 4,541 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 34,736 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -2.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3294 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,645 current LCU per person (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Kuwait?
- Discrepancy in expenditure estimate of gdp in Kuwait was 0.099 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Kuwait?
- The highest recorded value was 100,000 constant LCU in 2020.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Kuwait?
- The lowest recorded value was -155,100 constant LCU in 2012.
- How does Kuwait rank for discrepancy in expenditure estimate of gdp?
- Kuwait ranks 63rd out of 153 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Kuwait?
- Over the last ten years it is up 100.1%. 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 Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.