General government final consumption … LCU unit GDP current in Kuwait
Kuwait: General government final consumption … LCU unit GDP current was 0.0791 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.0791 current LCU per US$ of GDP
Change on year
up 4.7%
World rank
183rd
of 187 countries
All-time high
0.2167 current LCU per US$ of GDP
in 1991
All-time low
0.0215 current LCU per US$ of GDP
in 1974
Years of data
60
1965–2024
General government final consumption expenditure (current LCU), per in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (current lcu), per in Kuwait is 0.0791 current LCU per US$ of GDP, measured in 2024.
That represents a change of up 4.7% on the previous year and up 56.6% over ten years.
Over the whole period, general government final consumption expenditure (current lcu), per in Kuwait peaked at 0.2167 current LCU per US$ of GDP in 1991 and was at its lowest, 0.0215 current LCU per US$ of GDP, in 1974.
That places Kuwait 183rd out of 187 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.
General government final consumption … LCU unit GDP current in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.0472 current LCU per US$ of GDP | — |
| 1966 | 0.0493 current LCU per US$ of GDP | +4.5% |
| 1967 | 0.0553 current LCU per US$ of GDP | +12.0% |
| 1968 | 0.0541 current LCU per US$ of GDP | -2.2% |
| 1969 | 0.0549 current LCU per US$ of GDP | +1.5% |
| 1970 | 0.0485 current LCU per US$ of GDP | -11.7% |
| 1971 | 0.0447 current LCU per US$ of GDP | -7.9% |
| 1972 | 0.0446 current LCU per US$ of GDP | -0.1% |
| 1973 | 0.0397 current LCU per US$ of GDP | -11.1% |
| 1974 | 0.0215 current LCU per US$ of GDP | -45.9% |
| 1975 | 0.0321 current LCU per US$ of GDP | +49.4% |
| 1976 | 0.0329 current LCU per US$ of GDP | +2.7% |
| 1977 | 0.0415 current LCU per US$ of GDP | +26.0% |
| 1978 | 0.0397 current LCU per US$ of GDP | -4.2% |
| 1979 | 0.0309 current LCU per US$ of GDP | -22.3% |
| 1980 | 0.0302 current LCU per US$ of GDP | -2.1% |
| 1981 | 0.0396 current LCU per US$ of GDP | +31.2% |
| 1982 | 0.0555 current LCU per US$ of GDP | +40.0% |
| 1983 | 0.0617 current LCU per US$ of GDP | +11.2% |
| 1984 | 0.062 current LCU per US$ of GDP | +0.5% |
| 1985 | 0.0674 current LCU per US$ of GDP | +8.7% |
| 1986 | 0.0784 current LCU per US$ of GDP | +16.3% |
| 1987 | 0.0614 current LCU per US$ of GDP | -21.6% |
| 1988 | 0.0733 current LCU per US$ of GDP | +19.4% |
| 1989 | 0.0746 current LCU per US$ of GDP | +1.8% |
| 1990 | 0.1116 current LCU per US$ of GDP | +49.6% |
| 1991 | 0.2167 current LCU per US$ of GDP | +94.2% |
| 1992 | 0.163 current LCU per US$ of GDP | -24.8% |
| 1993 | 0.1083 current LCU per US$ of GDP | -33.5% |
| 1994 | 0.1008 current LCU per US$ of GDP | -7.0% |
| 1995 | 0.0961 current LCU per US$ of GDP | -4.6% |
| 1996 | 0.0816 current LCU per US$ of GDP | -15.1% |
| 1997 | 0.0808 current LCU per US$ of GDP | -1.0% |
| 1998 | 0.093 current LCU per US$ of GDP | +15.1% |
| 1999 | 0.0818 current LCU per US$ of GDP | -12.0% |
| 2000 | 0.0659 current LCU per US$ of GDP | -19.4% |
| 2001 | 0.0725 current LCU per US$ of GDP | +10.0% |
| 2002 | 0.0768 current LCU per US$ of GDP | +6.0% |
| 2003 | 0.0685 current LCU per US$ of GDP | -10.8% |
| 2004 | 0.0585 current LCU per US$ of GDP | -14.6% |
| 2005 | 0.0459 current LCU per US$ of GDP | -21.6% |
| 2006 | 0.0403 current LCU per US$ of GDP | -12.1% |
| 2007 | 0.0398 current LCU per US$ of GDP | -1.3% |
| 2008 | 0.036 current LCU per US$ of GDP | -9.5% |
| 2009 | 0.0532 current LCU per US$ of GDP | +47.7% |
| 2010 | 0.0491 current LCU per US$ of GDP | -7.7% |
| 2011 | 0.0411 current LCU per US$ of GDP | -16.3% |
| 2012 | 0.0422 current LCU per US$ of GDP | +2.6% |
| 2013 | 0.0465 current LCU per US$ of GDP | +10.2% |
| 2014 | 0.0505 current LCU per US$ of GDP | +8.7% |
| 2015 | 0.0728 current LCU per US$ of GDP | +44.0% |
| 2016 | 0.0777 current LCU per US$ of GDP | +6.7% |
| 2017 | 0.0741 current LCU per US$ of GDP | -4.6% |
| 2018 | 0.0694 current LCU per US$ of GDP | -6.3% |
| 2019 | 0.0741 current LCU per US$ of GDP | +6.8% |
| 2020 | 0.0924 current LCU per US$ of GDP | +24.7% |
| 2021 | 0.0766 current LCU per US$ of GDP | -17.1% |
| 2022 | 0.064 current LCU per US$ of GDP | -16.5% |
| 2023 | 0.0755 current LCU per US$ of GDP | +18.1% |
| 2024 | 0.0791 current LCU per US$ of GDP | +4.7% |
Kuwait compared with similar countries
- Kuwait's 0.0791 current LCU per US$ of GDP is below the median for high income countries, which is 0.2592 current LCU per US$ of GDP, 31% of the median. (67 countries reporting)
- Kuwait's 0.0791 current LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.69 current LCU per US$ of GDP, 5% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0522 current LCU per US$ of GDP | 0.0472 current LCU per US$ of GDP | 0.0553 current LCU per US$ of GDP | 5 |
| 1970s | 0.0376 current LCU per US$ of GDP | 0.0215 current LCU per US$ of GDP | 0.0485 current LCU per US$ of GDP | 10 |
| 1980s | 0.0604 current LCU per US$ of GDP | 0.0302 current LCU per US$ of GDP | 0.0784 current LCU per US$ of GDP | 10 |
| 1990s | 0.1134 current LCU per US$ of GDP | 0.0808 current LCU per US$ of GDP | 0.2167 current LCU per US$ of GDP | 10 |
| 2000s | 0.0557 current LCU per US$ of GDP | 0.036 current LCU per US$ of GDP | 0.0768 current LCU per US$ of GDP | 10 |
| 2010s | 0.0597 current LCU per US$ of GDP | 0.0411 current LCU per US$ of GDP | 0.0777 current LCU per US$ of GDP | 10 |
| 2020s | 0.0775 current LCU per US$ of GDP | 0.064 current LCU per US$ of GDP | 0.0924 current LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
- 180 Bermuda 0.1072 current LCU per US$ of GDP compare
- 181 Switzerland 0.1001 current LCU per US$ of GDP compare
- 182 Ireland 0.0995 current LCU per US$ of GDP compare
- 184 Puerto Rico 0.077 current LCU per US$ of GDP compare
- 185 Oman 0.072 current LCU per US$ of GDP compare
- 186 Bahrain 0.053 current 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)
- 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 general government final consumption expenditure (current lcu), per in Kuwait?
- General government final consumption expenditure (current lcu), per in Kuwait was 0.0791 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu), per recorded in Kuwait?
- The highest recorded value was 0.2167 current LCU per US$ of GDP in 1991.
- What is the lowest general government final consumption expenditure (current lcu), per recorded in Kuwait?
- The lowest recorded value was 0.0215 current LCU per US$ of GDP in 1974.
- How does Kuwait rank for general government final consumption expenditure (current lcu), per?
- Kuwait ranks 183rd out of 187 countries with data for 2024.
- Is general government final consumption expenditure (current lcu), per rising or falling in Kuwait?
- Over the last ten years it is up 56.6%. 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 (current LCU), 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
General government final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (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.