Discrepancy in expenditure estimate of GDP (current LCU), annual in Kuwait
Kuwait: Discrepancy in expenditure estimate of GDP (current LCU), annual was -98.19 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-98.19 % change on previous year
Change on year
down 181.8%
World rank
101st
of 173 countries
All-time high
224.97 % change on previous year
in 1994
All-time low
-200 % change on previous year
in 2013
Years of data
29
1971–2024
Discrepancy in expenditure estimate of GDP (current LCU), annual in Kuwait, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, discrepancy in expenditure estimate of gdp (current lcu), annual in Kuwait stood at -98.19 % change on previous year.
Compared with earlier readings it is down 181.8% on the previous year and down 198.2% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp (current lcu), annual in Kuwait peaked at 224.97 % change on previous year in 1994 and was at its lowest, -200 % change on previous year, in 2013.
Kuwait ranks 101st of 173 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 (current LCU), annual in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 99.9 % change on previous year | — |
| 1972 | 100 % change on previous year | +0.1% |
| 1974 | 99.9 % change on previous year | -0.1% |
| 1975 | 100 % change on previous year | +0.1% |
| 1978 | 66.66 % change on previous year | -33.3% |
| 1979 | 99.6 % change on previous year | +49.4% |
| 1980 | 175 % change on previous year | +75.7% |
| 1982 | 99.7 % change on previous year | -43.0% |
| 1983 | 100 % change on previous year | +0.3% |
| 1986 | 0 % change on previous year | -100.0% |
| 1987 | 100 % change on previous year | — |
| 1990 | -100 % change on previous year | -200.0% |
| 1992 | -103.64 % change on previous year | +3.6% |
| 1993 | 99.72 % change on previous year | -196.2% |
| 1994 | 224.97 % change on previous year | +125.6% |
| 1995 | -100 % change on previous year | -144.5% |
| 1997 | -100 % change on previous year | -0.0% |
| 1999 | 100 % change on previous year | -200.0% |
| 2006 | -100 % change on previous year | -200.0% |
| 2009 | 100 % change on previous year | -200.0% |
| 2011 | -100 % change on previous year | -200.0% |
| 2013 | -200 % change on previous year | +100.0% |
| 2014 | 100 % change on previous year | -150.0% |
| 2016 | 200 % change on previous year | +100.0% |
| 2017 | -100 % change on previous year | -150.0% |
| 2019 | -100 % change on previous year | -0.0% |
| 2021 | -100.01 % change on previous year | +0.0% |
| 2022 | 120.08 % change on previous year | -220.1% |
| 2024 | -98.19 % change on previous year | -181.8% |
Kuwait compared with similar countries
- Kuwait's -98.19 % change on previous year is below the median for high income countries, which is -0.2597 % change on previous year, 378.1× the median. (60 countries reporting)
- Kuwait's -98.19 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -100 % change on previous year, 98% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 94.34 % change on previous year | 66.66 % change on previous year | 100 % change on previous year | 6 |
| 1980s | 94.94 % change on previous year | 0 % change on previous year | 175 % change on previous year | 5 |
| 1990s | 3.01 % change on previous year | -103.64 % change on previous year | 224.97 % change on previous year | 7 |
| 2000s | 0 % change on previous year | -100 % change on previous year | 100 % change on previous year | 2 |
| 2010s | -33.33 % change on previous year | -200 % change on previous year | 200 % change on previous year | 6 |
| 2020s | -26.04 % change on previous year | -100.01 % change on previous year | 120.08 % change on previous year | 3 |
Countries ranked near Kuwait
- 98 Estonia -89.63 % change on previous year compare
- 99 Samoa -95.18 % change on previous year compare
- 100 Brunei Darussalam -95.65 % change on previous year compare
- 102 Finland -99.38 % change on previous year compare
- 103 Iran, Islamic Republic of -100 % change on previous year compare
- 104 Angola -100 % change on previous year compare
- 104 Albania -100 % change on previous year compare
- 104 Australia -100 % change on previous year compare
- 104 Azerbaijan -100 % change on previous year compare
- 104 Benin -100 % change on previous year compare
- 104 Bolivia, Plurinational State of -100 % change on previous year compare
- 104 Switzerland -100 % change on previous year compare
- 104 Congo -100 % change on previous year compare
- 104 Czechia -100 % change on previous year compare
- 104 Algeria -100 % change on previous year compare
- 104 Ecuador -100 % change on previous year compare
- 104 Egypt -100 % change on previous year compare
- 104 Fiji -100 % change on previous year compare
- 104 Gabon -100 % change on previous year compare
- 104 Honduras -100 % change on previous year compare
- 104 Haiti -100 % change on previous year compare
- 104 Jordan -100 % change on previous year compare
- 104 Japan -100 % change on previous year compare
- 104 Lithuania -100 % change on previous year compare
- 104 Latvia -100 % change on previous year compare
- 104 Macau, China -100 % change on previous year compare
- 104 Morocco -100 % change on previous year compare
- 104 Republic of Moldova -100 % change on previous year compare
- 104 Mali -100 % change on previous year compare
- 104 Malta -100 % change on previous year compare
- 104 Montenegro -100 % change on previous year compare
- 104 Mauritania -100 % change on previous year compare
- 104 Malawi -100 % change on previous year compare
- 104 Malaysia -100 % change on previous year compare
- 104 Netherlands -100 % change on previous year compare
- 104 Norway -100 % change on previous year compare
- 104 New Zealand -100 % change on previous year compare
- 104 Oman -100 % change on previous year compare
- 104 Pakistan -100 % change on previous year compare
- 104 Panama -100 % change on previous year compare
- 104 Peru -100 % change on previous year compare
- 104 Papua New Guinea -100 % change on previous year compare
- 104 Qatar -100 % change on previous year compare
- 104 Serbia -100 % change on previous year compare
- 104 Chad -100 % change on previous year compare
- 104 Togo -100 % change on previous year compare
- 104 Timor-Leste -100 % change on previous year compare
- 104 Tunisia -100 % change on previous year compare
- 104 Ukraine -100 % change on previous year compare
- 104 Vanuatu -100 % change on previous year compare
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 discrepancy in expenditure estimate of gdp (current lcu), annual in Kuwait?
- Discrepancy in expenditure estimate of gdp (current lcu), annual in Kuwait was -98.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Kuwait?
- The highest recorded value was 224.97 % change on previous year in 1994.
- What is the lowest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Kuwait?
- The lowest recorded value was -200 % change on previous year in 2013.
- How does Kuwait rank for discrepancy in expenditure estimate of gdp (current lcu), annual?
- Kuwait ranks 101st out of 173 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp (current lcu), annual rising or falling in Kuwait?
- Over the last ten years it is down 198.2%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Discrepancy in expenditure estimate of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Discrepancy in expenditure estimate of GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.