Final consumption expenditure (constant 2015 US$), per unit of GDP in Kuwait
Kuwait: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.5699 constant 2015 US$ per US$ of GDP in 2024. ▲ Rising
Final consumption expenditure (constant 2015 US$), per unit of GDP in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (constant 2015 us$), per unit of gdp in Kuwait is 0.5699 constant 2015 US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 5.3% on the previous year and up 24.9% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Kuwait peaked at 0.7118 constant 2015 US$ per US$ of GDP in 2020 and was at its lowest, 0.3933 constant 2015 US$ per US$ of GDP, in 2012.
Kuwait ranks 117th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Final consumption expenditure (constant 2015 US$), per unit of GDP in Kuwait, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.514 constant 2015 US$ per US$ of GDP | — |
| 2011 | 0.4027 constant 2015 US$ per US$ of GDP | -21.7% |
| 2012 | 0.3933 constant 2015 US$ per US$ of GDP | -2.3% |
| 2013 | 0.415 constant 2015 US$ per US$ of GDP | +5.5% |
| 2014 | 0.4561 constant 2015 US$ per US$ of GDP | +9.9% |
| 2015 | 0.6574 constant 2015 US$ per US$ of GDP | +44.1% |
| 2016 | 0.6951 constant 2015 US$ per US$ of GDP | +5.7% |
| 2017 | 0.6489 constant 2015 US$ per US$ of GDP | -6.6% |
| 2018 | 0.5923 constant 2015 US$ per US$ of GDP | -8.7% |
| 2019 | 0.6087 constant 2015 US$ per US$ of GDP | +2.8% |
| 2020 | 0.7118 constant 2015 US$ per US$ of GDP | +16.9% |
| 2021 | 0.5766 constant 2015 US$ per US$ of GDP | -19.0% |
| 2022 | 0.4727 constant 2015 US$ per US$ of GDP | -18.0% |
| 2023 | 0.541 constant 2015 US$ per US$ of GDP | +14.5% |
| 2024 | 0.5699 constant 2015 US$ per US$ of GDP | +5.3% |
Kuwait compared with similar countries
- Kuwait's 0.5699 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.5552 constant 2015 US$ per US$ of GDP, 1.0× the median. (61 countries reporting)
- Kuwait's 0.5699 constant 2015 US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.6151 constant 2015 US$ per US$ of GDP, 93% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5384 constant 2015 US$ per US$ of GDP | 0.3933 constant 2015 US$ per US$ of GDP | 0.6951 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.5744 constant 2015 US$ per US$ of GDP | 0.4727 constant 2015 US$ per US$ of GDP | 0.7118 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 114 Cote d'Ivoire 0.5767 constant 2015 US$ per US$ of GDP compare
- 115 Kazakhstan 0.5754 constant 2015 US$ per US$ of GDP compare
- 116 Maldives 0.5703 constant 2015 US$ per US$ of GDP compare
- 118 Belarus 0.5659 constant 2015 US$ per US$ of GDP compare
- 119 Germany 0.5638 constant 2015 US$ per US$ of GDP compare
- 120 Croatia 0.5581 constant 2015 US$ per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 5.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0284 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 916.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.517 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0207 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 668.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.97 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per unit of gdp in Kuwait?
- Final consumption expenditure (constant 2015 us$), per unit of gdp in Kuwait was 0.5699 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.7118 constant 2015 US$ per US$ of GDP in 2020.
- What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.3933 constant 2015 US$ per US$ of GDP in 2012.
- How does Kuwait rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
- Kuwait ranks 117th out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.