Gross national expenditure (constant LCU), per unit of GDP in Kuwait
Kuwait: Gross national expenditure (constant LCU), per unit of GDP was 0.1854 constant LCU per US$ of GDP in 2024. ▲ Rising
Gross national expenditure (constant LCU), per unit of GDP in Kuwait, 2010–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Kuwait recorded 0.1854 constant LCU per US$ of GDP for gross national expenditure (constant lcu), per unit of gdp in 2024.
The figure is up 16.6% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Kuwait peaked at 0.2588 constant LCU per US$ of GDP in 2016 and was at its lowest, 0.1354 constant LCU per US$ of GDP, in 2012.
That places Kuwait 168th out of 169 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.
Gross national expenditure (constant LCU), per unit of GDP in Kuwait, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2010 | 0.1825 constant LCU per US$ of GDP | — |
| 2011 | 0.1404 constant LCU per US$ of GDP | -23.1% |
| 2012 | 0.1354 constant LCU per US$ of GDP | -3.6% |
| 2013 | 0.1431 constant LCU per US$ of GDP | +5.7% |
| 2014 | 0.159 constant LCU per US$ of GDP | +11.2% |
| 2015 | 0.2375 constant LCU per US$ of GDP | +49.4% |
| 2016 | 0.2588 constant LCU per US$ of GDP | +8.9% |
| 2017 | 0.2403 constant LCU per US$ of GDP | -7.1% |
| 2018 | 0.2192 constant LCU per US$ of GDP | -8.8% |
| 2019 | 0.2168 constant LCU per US$ of GDP | -1.1% |
| 2020 | 0.2323 constant LCU per US$ of GDP | +7.1% |
| 2021 | 0.1856 constant LCU per US$ of GDP | -20.1% |
| 2022 | 0.1644 constant LCU per US$ of GDP | -11.4% |
| 2023 | 0.1854 constant LCU per US$ of GDP | +12.8% |
| 2024 | 0.1854 constant LCU per US$ of GDP | -0.0% |
Kuwait compared with similar countries
- Kuwait's 0.1854 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8065 constant LCU per US$ of GDP, 23% of the median. (58 countries reporting)
- Kuwait's 0.1854 constant LCU per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.6 constant LCU per US$ of GDP, 5% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1933 constant LCU per US$ of GDP | 0.1354 constant LCU per US$ of GDP | 0.2588 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1906 constant LCU per US$ of GDP | 0.1644 constant LCU per US$ of GDP | 0.2323 constant LCU per US$ of GDP | 5 |
Countries ranked near Kuwait
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$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Kuwait?
- Gross national expenditure (constant lcu), per unit of gdp in Kuwait was 0.1854 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.2588 constant LCU per US$ of GDP in 2016.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.1354 constant LCU per US$ of GDP in 2012.
- How does Kuwait rank for gross national expenditure (constant lcu), per unit of gdp?
- Kuwait ranks 168th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 16.6%. 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 Gross national expenditure (constant LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
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 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.