Gross national expenditure (constant 2015 US$) in Kuwait
Kuwait: Gross national expenditure (constant 2015 US$) was 114.97 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kuwait recorded 114.97 billion constant 2015 US$ for gross national expenditure in 2024.
That represents a change of down 2.6% on the previous year and up 15.6% over ten years.
Over the whole period, gross national expenditure in Kuwait peaked at 118.00 billion constant 2015 US$ in 2023 and was at its lowest, 80.91 billion constant 2015 US$, in 2010.
That places Kuwait 57th out of 163 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Gross national expenditure (constant 2015 US$) in Kuwait, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 80.91 billion constant 2015 US$ | — |
| 2011 | 83.11 billion constant 2015 US$ | +2.7% |
| 2012 | 90.61 billion constant 2015 US$ | +9.0% |
| 2013 | 95.80 billion constant 2015 US$ | +5.7% |
| 2014 | 99.42 billion constant 2015 US$ | +3.8% |
| 2015 | 104.47 billion constant 2015 US$ | +5.1% |
| 2016 | 108.55 billion constant 2015 US$ | +3.9% |
| 2017 | 111.22 billion constant 2015 US$ | +2.5% |
| 2018 | 116.55 billion constant 2015 US$ | +4.8% |
| 2019 | 117.28 billion constant 2015 US$ | +0.6% |
| 2020 | 99.39 billion constant 2015 US$ | -15.3% |
| 2021 | 106.17 billion constant 2015 US$ | +6.8% |
| 2022 | 115.98 billion constant 2015 US$ | +9.2% |
| 2023 | 118.00 billion constant 2015 US$ | +1.7% |
| 2024 | 114.97 billion constant 2015 US$ | -2.6% |
Kuwait compared with similar countries
- Kuwait's 114.97 billion constant 2015 US$ is below the median for high income countries, which is 222.30 billion constant 2015 US$, 52% of the median. (58 countries reporting)
- Kuwait's 114.97 billion constant 2015 US$ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 125.02 billion constant 2015 US$, 92% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 100.79 billion constant 2015 US$ | 80.91 billion constant 2015 US$ | 117.28 billion constant 2015 US$ | 10 |
| 2020s | 110.90 billion constant 2015 US$ | 99.39 billion constant 2015 US$ | 118.00 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 54 Qatar 135.08 billion constant 2015 US$ compare
- 55 Ukraine 130.31 billion constant 2015 US$ compare
- 56 Kenya 116.48 billion constant 2015 US$ compare
- 58 Dominican Republic 112.84 billion constant 2015 US$ compare
- 59 Ecuador 111.99 billion constant 2015 US$ compare
- 60 Puerto Rico 104.80 billion constant 2015 US$ 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 in Kuwait?
- Gross national expenditure in Kuwait was 114.97 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Kuwait?
- The highest recorded value was 118.00 billion constant 2015 US$ in 2023.
- What is the lowest gross national expenditure recorded in Kuwait?
- The lowest recorded value was 80.91 billion constant 2015 US$ in 2010.
- How does Kuwait rank for gross national expenditure?
- Kuwait ranks 57th out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Kuwait?
- Over the last ten years it is up 15.6%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.