Final consumption expenditure (current US$), per unit of GDP (US unit) in Kuwait
Kuwait: Final consumption expenditure (current US$), per unit of GDP (US unit) was 0.6738 current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.6738 current US$ per US$ of GDP
Change on year
up 7.2%
World rank
151st
of 188 countries
All-time high
1.69 current US$ per US$ of GDP
in 1991
All-time low
0.2211 current US$ per US$ of GDP
in 1974
Years of data
60
1965–2024
Final consumption expenditure (current US$), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, final consumption expenditure (current us$), per unit of gdp in Kuwait stood at 0.6738 current US$ per US$ of GDP.
Compared with earlier readings it is up 7.2% on the previous year and up 44.2% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Kuwait peaked at 1.69 current US$ per US$ of GDP in 1991 and was at its lowest, 0.2211 current US$ per US$ of GDP, in 1974.
That places Kuwait 151st out of 188 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Final consumption expenditure (current US$), per unit of GDP (US unit) in Kuwait, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.3965 current US$ per US$ of GDP | — |
| 1966 | 0.4098 current US$ per US$ of GDP | +3.4% |
| 1967 | 0.4759 current US$ per US$ of GDP | +16.1% |
| 1968 | 0.4637 current US$ per US$ of GDP | -2.6% |
| 1969 | 0.4631 current US$ per US$ of GDP | -0.1% |
| 1970 | 0.5219 current US$ per US$ of GDP | +12.7% |
| 1971 | 0.4294 current US$ per US$ of GDP | -17.7% |
| 1972 | 0.4276 current US$ per US$ of GDP | -0.4% |
| 1973 | 0.4073 current US$ per US$ of GDP | -4.8% |
| 1974 | 0.2211 current US$ per US$ of GDP | -45.7% |
| 1975 | 0.3282 current US$ per US$ of GDP | +48.4% |
| 1976 | 0.3808 current US$ per US$ of GDP | +16.0% |
| 1977 | 0.4811 current US$ per US$ of GDP | +26.3% |
| 1978 | 0.4909 current US$ per US$ of GDP | +2.0% |
| 1979 | 0.372 current US$ per US$ of GDP | -24.2% |
| 1980 | 0.4203 current US$ per US$ of GDP | +13.0% |
| 1981 | 0.5235 current US$ per US$ of GDP | +24.6% |
| 1982 | 0.7267 current US$ per US$ of GDP | +38.8% |
| 1983 | 0.6544 current US$ per US$ of GDP | -9.9% |
| 1984 | 0.635 current US$ per US$ of GDP | -3.0% |
| 1985 | 0.7022 current US$ per US$ of GDP | +10.6% |
| 1986 | 0.7972 current US$ per US$ of GDP | +13.5% |
| 1987 | 0.6704 current US$ per US$ of GDP | -15.9% |
| 1988 | 0.7968 current US$ per US$ of GDP | +18.9% |
| 1989 | 0.7667 current US$ per US$ of GDP | -3.8% |
| 1990 | 0.9551 current US$ per US$ of GDP | +24.6% |
| 1991 | 1.69 current US$ per US$ of GDP | +77.2% |
| 1992 | 0.9388 current US$ per US$ of GDP | -44.5% |
| 1993 | 0.7933 current US$ per US$ of GDP | -15.5% |
| 1994 | 0.7532 current US$ per US$ of GDP | -5.1% |
| 1995 | 0.7485 current US$ per US$ of GDP | -0.6% |
| 1996 | 0.718 current US$ per US$ of GDP | -4.1% |
| 1997 | 0.731 current US$ per US$ of GDP | +1.8% |
| 1998 | 0.8878 current US$ per US$ of GDP | +21.5% |
| 1999 | 0.7894 current US$ per US$ of GDP | -11.1% |
| 2000 | 0.6301 current US$ per US$ of GDP | -20.2% |
| 2001 | 0.6993 current US$ per US$ of GDP | +11.0% |
| 2002 | 0.7487 current US$ per US$ of GDP | +7.1% |
| 2003 | 0.6574 current US$ per US$ of GDP | -12.2% |
| 2004 | 0.5728 current US$ per US$ of GDP | -12.9% |
| 2005 | 0.4786 current US$ per US$ of GDP | -16.4% |
| 2006 | 0.4246 current US$ per US$ of GDP | -11.3% |
| 2007 | 0.4445 current US$ per US$ of GDP | +4.7% |
| 2008 | 0.4153 current US$ per US$ of GDP | -6.6% |
| 2009 | 0.5198 current US$ per US$ of GDP | +25.1% |
| 2010 | 0.4602 current US$ per US$ of GDP | -11.5% |
| 2011 | 0.3913 current US$ per US$ of GDP | -15.0% |
| 2012 | 0.3871 current US$ per US$ of GDP | -1.1% |
| 2013 | 0.4153 current US$ per US$ of GDP | +7.3% |
| 2014 | 0.4674 current US$ per US$ of GDP | +12.5% |
| 2015 | 0.6574 current US$ per US$ of GDP | +40.7% |
| 2016 | 0.7093 current US$ per US$ of GDP | +7.9% |
| 2017 | 0.6772 current US$ per US$ of GDP | -4.5% |
| 2018 | 0.6262 current US$ per US$ of GDP | -7.5% |
| 2019 | 0.6457 current US$ per US$ of GDP | +3.1% |
| 2020 | 0.7593 current US$ per US$ of GDP | +17.6% |
| 2021 | 0.6408 current US$ per US$ of GDP | -15.6% |
| 2022 | 0.5347 current US$ per US$ of GDP | -16.6% |
| 2023 | 0.6287 current US$ per US$ of GDP | +17.6% |
| 2024 | 0.6738 current US$ per US$ of GDP | +7.2% |
Kuwait compared with similar countries
- Kuwait's 0.6738 current US$ per US$ of GDP is below the median for high income countries, which is 0.743 current US$ per US$ of GDP, 91% of the median. (67 countries reporting)
- Kuwait's 0.6738 current US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.7353 current US$ per US$ of GDP, 92% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4418 current US$ per US$ of GDP | 0.3965 current US$ per US$ of GDP | 0.4759 current US$ per US$ of GDP | 5 |
| 1970s | 0.406 current US$ per US$ of GDP | 0.2211 current US$ per US$ of GDP | 0.5219 current US$ per US$ of GDP | 10 |
| 1980s | 0.6693 current US$ per US$ of GDP | 0.4203 current US$ per US$ of GDP | 0.7972 current US$ per US$ of GDP | 10 |
| 1990s | 0.9007 current US$ per US$ of GDP | 0.718 current US$ per US$ of GDP | 1.69 current US$ per US$ of GDP | 10 |
| 2000s | 0.5591 current US$ per US$ of GDP | 0.4153 current US$ per US$ of GDP | 0.7487 current US$ per US$ of GDP | 10 |
| 2010s | 0.5437 current US$ per US$ of GDP | 0.3871 current US$ per US$ of GDP | 0.7093 current US$ per US$ of GDP | 10 |
| 2020s | 0.6475 current US$ per US$ of GDP | 0.5347 current US$ per US$ of GDP | 0.7593 current US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 148 Faroe Islands 0.6847 current US$ per US$ of GDP compare
- 149 India 0.6744 current US$ per US$ of GDP compare
- 150 Czechia 0.6739 current US$ per US$ of GDP compare
- 152 Benin 0.6719 current US$ per US$ of GDP compare
- 153 Aruba 0.6704 current US$ per US$ of GDP compare
- 154 Iran 0.6696 current 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 (current us$), per unit of gdp in Kuwait?
- Final consumption expenditure (current us$), per unit of gdp in Kuwait was 0.6738 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 1.69 current US$ per US$ of GDP in 1991.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.2211 current US$ per US$ of GDP in 1974.
- How does Kuwait rank for final consumption expenditure (current us$), per unit of gdp?
- Kuwait ranks 151st out of 188 countries with data for 2024.
- Is final consumption expenditure (current us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 44.2%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.