Final consumption expenditure (current LCU), per unit of GDP in Kuwait
Kuwait: Final consumption expenditure (current LCU), per unit of GDP was 0.2066 current LCU per US$ of GDP in 2024. ▲ Rising
Final consumption expenditure (current LCU), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, final consumption expenditure (current lcu), per unit of gdp in Kuwait stood at 0.2066 current LCU per US$ of GDP.
The figure is up 7.0% on the previous year and up 55.4% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Kuwait peaked at 0.4811 current LCU per US$ of GDP in 1991 and was at its lowest, 0.0648 current LCU per US$ of GDP, in 1974.
Kuwait ranks 187th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Final consumption expenditure (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.1416 current LCU per US$ of GDP | — |
| 1966 | 0.1464 current LCU per US$ of GDP | +3.4% |
| 1967 | 0.17 current LCU per US$ of GDP | +16.1% |
| 1968 | 0.1656 current LCU per US$ of GDP | -2.6% |
| 1969 | 0.1654 current LCU per US$ of GDP | -0.1% |
| 1970 | 0.1864 current LCU per US$ of GDP | +12.7% |
| 1971 | 0.1529 current LCU per US$ of GDP | -18.0% |
| 1972 | 0.1407 current LCU per US$ of GDP | -8.0% |
| 1973 | 0.1208 current LCU per US$ of GDP | -14.1% |
| 1974 | 0.0648 current LCU per US$ of GDP | -46.3% |
| 1975 | 0.0952 current LCU per US$ of GDP | +46.9% |
| 1976 | 0.1113 current LCU per US$ of GDP | +17.0% |
| 1977 | 0.1379 current LCU per US$ of GDP | +23.8% |
| 1978 | 0.135 current LCU per US$ of GDP | -2.1% |
| 1979 | 0.1028 current LCU per US$ of GDP | -23.9% |
| 1980 | 0.1136 current LCU per US$ of GDP | +10.5% |
| 1981 | 0.1459 current LCU per US$ of GDP | +28.5% |
| 1982 | 0.2092 current LCU per US$ of GDP | +43.3% |
| 1983 | 0.1907 current LCU per US$ of GDP | -8.8% |
| 1984 | 0.188 current LCU per US$ of GDP | -1.4% |
| 1985 | 0.2112 current LCU per US$ of GDP | +12.3% |
| 1986 | 0.2317 current LCU per US$ of GDP | +9.7% |
| 1987 | 0.1868 current LCU per US$ of GDP | -19.4% |
| 1988 | 0.2223 current LCU per US$ of GDP | +19.0% |
| 1989 | 0.2252 current LCU per US$ of GDP | +1.3% |
| 1990 | 0.2751 current LCU per US$ of GDP | +22.1% |
| 1991 | 0.4811 current LCU per US$ of GDP | +74.9% |
| 1992 | 0.2754 current LCU per US$ of GDP | -42.7% |
| 1993 | 0.2396 current LCU per US$ of GDP | -13.0% |
| 1994 | 0.2237 current LCU per US$ of GDP | -6.6% |
| 1995 | 0.2234 current LCU per US$ of GDP | -0.1% |
| 1996 | 0.215 current LCU per US$ of GDP | -3.8% |
| 1997 | 0.2217 current LCU per US$ of GDP | +3.2% |
| 1998 | 0.2706 current LCU per US$ of GDP | +22.0% |
| 1999 | 0.2403 current LCU per US$ of GDP | -11.2% |
| 2000 | 0.1933 current LCU per US$ of GDP | -19.6% |
| 2001 | 0.2145 current LCU per US$ of GDP | +11.0% |
| 2002 | 0.2275 current LCU per US$ of GDP | +6.1% |
| 2003 | 0.1959 current LCU per US$ of GDP | -13.9% |
| 2004 | 0.1688 current LCU per US$ of GDP | -13.8% |
| 2005 | 0.1398 current LCU per US$ of GDP | -17.2% |
| 2006 | 0.1232 current LCU per US$ of GDP | -11.8% |
| 2007 | 0.1263 current LCU per US$ of GDP | +2.5% |
| 2008 | 0.1117 current LCU per US$ of GDP | -11.6% |
| 2009 | 0.1496 current LCU per US$ of GDP | +34.0% |
| 2010 | 0.1319 current LCU per US$ of GDP | -11.8% |
| 2011 | 0.108 current LCU per US$ of GDP | -18.1% |
| 2012 | 0.1084 current LCU per US$ of GDP | +0.3% |
| 2013 | 0.1178 current LCU per US$ of GDP | +8.7% |
| 2014 | 0.133 current LCU per US$ of GDP | +12.9% |
| 2015 | 0.1978 current LCU per US$ of GDP | +48.7% |
| 2016 | 0.2143 current LCU per US$ of GDP | +8.4% |
| 2017 | 0.2054 current LCU per US$ of GDP | -4.2% |
| 2018 | 0.1891 current LCU per US$ of GDP | -8.0% |
| 2019 | 0.196 current LCU per US$ of GDP | +3.7% |
| 2020 | 0.2325 current LCU per US$ of GDP | +18.6% |
| 2021 | 0.1933 current LCU per US$ of GDP | -16.9% |
| 2022 | 0.1638 current LCU per US$ of GDP | -15.3% |
| 2023 | 0.1931 current LCU per US$ of GDP | +17.9% |
| 2024 | 0.2066 current LCU per US$ of GDP | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1578 current LCU per US$ of GDP | 0.1416 current LCU per US$ of GDP | 0.17 current LCU per US$ of GDP | 5 |
| 1970s | 0.1248 current LCU per US$ of GDP | 0.0648 current LCU per US$ of GDP | 0.1864 current LCU per US$ of GDP | 10 |
| 1980s | 0.1925 current LCU per US$ of GDP | 0.1136 current LCU per US$ of GDP | 0.2317 current LCU per US$ of GDP | 10 |
| 1990s | 0.2666 current LCU per US$ of GDP | 0.215 current LCU per US$ of GDP | 0.4811 current LCU per US$ of GDP | 10 |
| 2000s | 0.1651 current LCU per US$ of GDP | 0.1117 current LCU per US$ of GDP | 0.2275 current LCU per US$ of GDP | 10 |
| 2010s | 0.1602 current LCU per US$ of GDP | 0.108 current LCU per US$ of GDP | 0.2143 current LCU per US$ of GDP | 10 |
| 2020s | 0.1979 current LCU per US$ of GDP | 0.1638 current LCU per US$ of GDP | 0.2325 current LCU per US$ of GDP | 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)
- 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 final consumption expenditure (current lcu), per unit of gdp in Kuwait?
- Final consumption expenditure (current lcu), per unit of gdp in Kuwait was 0.2066 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.4811 current LCU per US$ of GDP in 1991.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0648 current LCU per US$ of GDP in 1974.
- How does Kuwait rank for final consumption expenditure (current lcu), per unit of gdp?
- Kuwait ranks 187th out of 188 countries with data for 2024.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 55.4%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.