Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Kuwait
Kuwait: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 0.7145 constant 2015 US$ per US$ of GDP in 2024. ▲ Rising
Gross national expenditure (constant 2015 US$), per unit of GDP in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Kuwait recorded 0.7145 constant 2015 US$ per US$ of GDP for gross national expenditure (constant 2015 us$), per unit of gdp in 2024.
The figure is up 0.2% on the previous year and up 16.9% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Kuwait peaked at 0.9922 constant 2015 US$ per US$ of GDP in 2016 and was at its lowest, 0.5206 constant 2015 US$ per US$ of GDP, in 2012.
Kuwait ranks 128th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Kuwait, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.701 constant 2015 US$ per US$ of GDP | — |
| 2011 | 0.5395 constant 2015 US$ per US$ of GDP | -23.0% |
| 2012 | 0.5206 constant 2015 US$ per US$ of GDP | -3.5% |
| 2013 | 0.5501 constant 2015 US$ per US$ of GDP | +5.7% |
| 2014 | 0.6113 constant 2015 US$ per US$ of GDP | +11.1% |
| 2015 | 0.9117 constant 2015 US$ per US$ of GDP | +49.1% |
| 2016 | 0.9922 constant 2015 US$ per US$ of GDP | +8.8% |
| 2017 | 0.9215 constant 2015 US$ per US$ of GDP | -7.1% |
| 2018 | 0.8406 constant 2015 US$ per US$ of GDP | -8.8% |
| 2019 | 0.8326 constant 2015 US$ per US$ of GDP | -0.9% |
| 2020 | 0.895 constant 2015 US$ per US$ of GDP | +7.5% |
| 2021 | 0.7156 constant 2015 US$ per US$ of GDP | -20.0% |
| 2022 | 0.6321 constant 2015 US$ per US$ of GDP | -11.7% |
| 2023 | 0.7131 constant 2015 US$ per US$ of GDP | +12.8% |
| 2024 | 0.7145 constant 2015 US$ per US$ of GDP | +0.2% |
Kuwait compared with similar countries
- Kuwait's 0.7145 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 98% of the median. (58 countries reporting)
- Kuwait's 0.7145 constant 2015 US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.893 constant 2015 US$ per US$ of GDP, 80% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7421 constant 2015 US$ per US$ of GDP | 0.5206 constant 2015 US$ per US$ of GDP | 0.9922 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7341 constant 2015 US$ per US$ of GDP | 0.6321 constant 2015 US$ per US$ of GDP | 0.895 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 125 Germany 0.7166 constant 2015 US$ per US$ of GDP compare
- 126 Switzerland 0.7163 constant 2015 US$ per US$ of GDP compare
- 127 Croatia 0.7153 constant 2015 US$ per US$ of GDP compare
- 129 Democratic Republic of Congo 0.711 constant 2015 US$ per US$ of GDP compare
- 130 Maldives 0.7046 constant 2015 US$ per US$ of GDP compare
- 131 Denmark 0.7043 constant 2015 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 gross national expenditure (constant 2015 us$), per unit of gdp in Kuwait?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Kuwait was 0.7145 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.9922 constant 2015 US$ per US$ of GDP in 2016.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.5206 constant 2015 US$ per US$ of GDP in 2012.
- How does Kuwait rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Kuwait ranks 128th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 16.9%. 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 Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.