General government final consumption expenditure in Kuwait
Kuwait: General government final consumption expenditure was 37.37 billion constant 2015 US$ in 2024. ▲ Rising
General government final consumption expenditure in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, general government final consumption expenditure in Kuwait stood at 37.37 billion constant 2015 US$. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 32.8% over ten years.
Over the whole period, general government final consumption expenditure in Kuwait peaked at 37.37 billion constant 2015 US$ in 2024 and was at its lowest, 21.79 billion constant 2015 US$, in 2010.
Kuwait ranks 49th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 27.63 billion constant 2015 US$ | 21.79 billion constant 2015 US$ | 32.59 billion constant 2015 US$ | 10 |
| 2020s | 35.12 billion constant 2015 US$ | 31.84 billion constant 2015 US$ | 37.37 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 46 Vietnam 41.64 billion constant 2015 US$ compare
- 47 Portugal 40.98 billion constant 2015 US$ compare
- 48 Pakistan 38.17 billion constant 2015 US$ compare
- 50 Peru 35.82 billion constant 2015 US$ compare
- 51 Qatar 31.21 billion constant 2015 US$ compare
- 52 Morocco 29.89 billion constant 2015 US$ compare
More economy & growth data for Kuwait
- External balance on goods and services as a percent of GDP 17.5% (2024)
- Inflation of consumer prices 2.4% (2025)
- GDP per capita 24,963 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 7.7% (2025)
- Gross domestic product (GDP) 121.45 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 24,963 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.3065 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -4.47 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -14.57 billion current US$ (2024)
- Taxes less subsidies on products -3.61 billion current LCU (2025)
Frequently asked questions
- What is general government final consumption expenditure in Kuwait?
- General government final consumption expenditure in Kuwait was 37.37 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Kuwait?
- The highest recorded value was 37.37 billion constant 2015 US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 21.79 billion constant 2015 US$ in 2010.
- How does Kuwait rank for general government final consumption expenditure?
- Kuwait ranks 49th out of 166 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Kuwait?
- Over the last ten years it is up 32.8%. The long-run trend across the full record is rising.
- 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 General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.