General government final consumption expenditure (constant LCU), per in Kuwait
Kuwait: General government final consumption expenditure (constant LCU), per was 0.0604 constant LCU per US$ of GDP in 2024. ▲ Rising
General government final consumption expenditure (constant LCU), per in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, general government final consumption expenditure (constant lcu), per in Kuwait stood at 0.0604 constant LCU per US$ of GDP.
Compared with earlier readings it is up 5.2% on the previous year and up 34.2% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Kuwait peaked at 0.0745 constant LCU per US$ of GDP in 2020 and was at its lowest, 0.0395 constant LCU per US$ of GDP, in 2011.
That places Kuwait 169th out of 176 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
General government final consumption expenditure (constant LCU), per in Kuwait, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.0491 constant LCU per US$ of GDP | — |
| 2011 | 0.0395 constant LCU per US$ of GDP | -19.5% |
| 2012 | 0.0398 constant LCU per US$ of GDP | +0.6% |
| 2013 | 0.0439 constant LCU per US$ of GDP | +10.4% |
| 2014 | 0.045 constant LCU per US$ of GDP | +2.5% |
| 2015 | 0.0629 constant LCU per US$ of GDP | +39.8% |
| 2016 | 0.0663 constant LCU per US$ of GDP | +5.4% |
| 2017 | 0.0613 constant LCU per US$ of GDP | -7.5% |
| 2018 | 0.0567 constant LCU per US$ of GDP | -7.5% |
| 2019 | 0.0602 constant LCU per US$ of GDP | +6.1% |
| 2020 | 0.0745 constant LCU per US$ of GDP | +23.9% |
| 2021 | 0.0609 constant LCU per US$ of GDP | -18.3% |
| 2022 | 0.0497 constant LCU per US$ of GDP | -18.4% |
| 2023 | 0.0574 constant LCU per US$ of GDP | +15.6% |
| 2024 | 0.0604 constant LCU per US$ of GDP | +5.2% |
Kuwait compared with similar countries
- Kuwait's 0.0604 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1761 constant LCU per US$ of GDP, 34% of the median. (61 countries reporting)
- Kuwait's 0.0604 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.9306 constant LCU per US$ of GDP, 6% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0525 constant LCU per US$ of GDP | 0.0395 constant LCU per US$ of GDP | 0.0663 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0606 constant LCU per US$ of GDP | 0.0497 constant LCU per US$ of GDP | 0.0745 constant LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
- 166 Ireland 0.0854 constant LCU per US$ of GDP compare
- 167 Puerto Rico 0.0745 constant LCU per US$ of GDP compare
- 168 Oman 0.0703 constant LCU per US$ of GDP compare
- 170 Kosovo 0.0547 constant LCU per US$ of GDP compare
- 170 Kosovo (UNSCR 1244) 0.0547 constant LCU per US$ of GDP compare
- 172 Bahrain 0.0496 constant LCU 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)
- 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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu), per in Kuwait?
- General government final consumption expenditure (constant lcu), per in Kuwait was 0.0604 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Kuwait?
- The highest recorded value was 0.0745 constant LCU per US$ of GDP in 2020.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Kuwait?
- The lowest recorded value was 0.0395 constant LCU per US$ of GDP in 2011.
- How does Kuwait rank for general government final consumption expenditure (constant lcu), per?
- Kuwait ranks 169th out of 176 countries with data for 2024.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Kuwait?
- Over the last ten years it is up 34.2%. 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 General government final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government 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
General government final consumption expenditure (constant 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.