Government expenditure vs gdp in Kuwait
Kuwait: Government expenditure vs gdp was 37.37 billion in 2024. ▲ Rising
Government expenditure vs gdp in Kuwait, 2010–2024
Source: Our World in Data.
Analysis
The most recent figure for government expenditure vs gdp in Kuwait is 37.37 billion, measured in 2024. That is the highest value across all 15 years on record.
That represents a change of up 2.3% on the previous year and up 32.8% over ten years.
Over the whole period, government expenditure vs gdp in Kuwait peaked at 37.37 billion in 2024 and was at its lowest, 21.79 billion, 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.
Government expenditure vs gdp in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 21.79 billion | — |
| 2011 | 23.43 billion | +7.5% |
| 2012 | 26.62 billion | +13.6% |
| 2013 | 29.41 billion | +10.5% |
| 2014 | 28.15 billion | -4.3% |
| 2015 | 27.72 billion | -1.5% |
| 2016 | 27.89 billion | +0.6% |
| 2017 | 28.46 billion | +2.0% |
| 2018 | 30.24 billion | +6.3% |
| 2019 | 32.59 billion | +7.8% |
| 2020 | 31.84 billion | -2.3% |
| 2021 | 34.75 billion | +9.1% |
| 2022 | 35.07 billion | +0.9% |
| 2023 | 36.55 billion | +4.2% |
| 2024 | 37.37 billion | +2.3% |
Kuwait compared with similar countries
- Kuwait's 37.37 billion is below the median for high income countries, which is 41.36 billion, 90% of the median. (60 countries reporting)
- Kuwait's 37.37 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.89 billion, 1.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 27.63 billion | 21.79 billion | 32.59 billion | 10 |
| 2020s | 35.12 billion | 31.84 billion | 37.37 billion | 5 |
Countries ranked near Kuwait
More economy & growth data for Kuwait
- Real gdp growth, annual growth rate 10.23 % change on previous year (2024)
- 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)
Frequently asked questions
- What is government expenditure vs gdp in Kuwait?
- Government expenditure vs gdp in Kuwait was 37.37 billion in 2024, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in Kuwait?
- The highest recorded value was 37.37 billion in 2024.
- What is the lowest government expenditure vs gdp recorded in Kuwait?
- The lowest recorded value was 21.79 billion in 2010.
- How does Kuwait rank for government expenditure vs gdp?
- Kuwait ranks 49th out of 166 countries with data for 2024.
- Is government expenditure vs gdp 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 Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
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