Gross national expenditure (current LCU), per unit of GDP in Kuwait
Kuwait: Gross national expenditure (current LCU), per unit of GDP was 0.253 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.253 current LCU per US$ of GDP
Change on year
up 2.1%
World rank
186th
of 186 countries
All-time high
0.6001 current LCU per US$ of GDP
in 1991
All-time low
0.0847 current LCU per US$ of GDP
in 1974
Years of data
60
1965–2024
Gross national expenditure (current LCU), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Kuwait recorded 0.253 current LCU per US$ of GDP for gross national expenditure (current lcu), per unit of gdp in 2024.
That represents a change of up 2.1% on the previous year and up 41.0% over ten years.
Over the whole period, gross national expenditure (current lcu), per unit of gdp in Kuwait peaked at 0.6001 current LCU per US$ of GDP in 1991 and was at its lowest, 0.0847 current LCU per US$ of GDP, in 1974.
Kuwait ranks 186th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross national expenditure (current LCU), per unit of GDP in Kuwait, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.1979 current LCU per US$ of GDP | — |
| 1966 | 0.2095 current LCU per US$ of GDP | +5.9% |
| 1967 | 0.2462 current LCU per US$ of GDP | +17.5% |
| 1968 | 0.2298 current LCU per US$ of GDP | -6.6% |
| 1969 | 0.2336 current LCU per US$ of GDP | +1.7% |
| 1970 | 0.2297 current LCU per US$ of GDP | -1.7% |
| 1971 | 0.1863 current LCU per US$ of GDP | -18.9% |
| 1972 | 0.1713 current LCU per US$ of GDP | -8.1% |
| 1973 | 0.149 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.0847 current LCU per US$ of GDP | -43.2% |
| 1975 | 0.1321 current LCU per US$ of GDP | +56.0% |
| 1976 | 0.1597 current LCU per US$ of GDP | +20.9% |
| 1977 | 0.2047 current LCU per US$ of GDP | +28.2% |
| 1978 | 0.1907 current LCU per US$ of GDP | -6.8% |
| 1979 | 0.1405 current LCU per US$ of GDP | -26.3% |
| 1980 | 0.1512 current LCU per US$ of GDP | +7.6% |
| 1981 | 0.1923 current LCU per US$ of GDP | +27.2% |
| 1982 | 0.2817 current LCU per US$ of GDP | +46.5% |
| 1983 | 0.263 current LCU per US$ of GDP | -6.7% |
| 1984 | 0.2503 current LCU per US$ of GDP | -4.8% |
| 1985 | 0.2679 current LCU per US$ of GDP | +7.0% |
| 1986 | 0.2959 current LCU per US$ of GDP | +10.5% |
| 1987 | 0.2357 current LCU per US$ of GDP | -20.3% |
| 1988 | 0.2661 current LCU per US$ of GDP | +12.9% |
| 1989 | 0.2614 current LCU per US$ of GDP | -1.8% |
| 1990 | 0.3258 current LCU per US$ of GDP | +24.7% |
| 1991 | 0.6001 current LCU per US$ of GDP | +84.2% |
| 1992 | 0.3411 current LCU per US$ of GDP | -43.2% |
| 1993 | 0.2915 current LCU per US$ of GDP | -14.5% |
| 1994 | 0.2717 current LCU per US$ of GDP | -6.8% |
| 1995 | 0.2674 current LCU per US$ of GDP | -1.6% |
| 1996 | 0.2602 current LCU per US$ of GDP | -2.7% |
| 1997 | 0.2631 current LCU per US$ of GDP | +1.1% |
| 1998 | 0.3268 current LCU per US$ of GDP | +24.2% |
| 1999 | 0.2846 current LCU per US$ of GDP | -12.9% |
| 2000 | 0.226 current LCU per US$ of GDP | -20.6% |
| 2001 | 0.2583 current LCU per US$ of GDP | +14.3% |
| 2002 | 0.2796 current LCU per US$ of GDP | +8.2% |
| 2003 | 0.2455 current LCU per US$ of GDP | -12.2% |
| 2004 | 0.2224 current LCU per US$ of GDP | -9.4% |
| 2005 | 0.1877 current LCU per US$ of GDP | -15.6% |
| 2006 | 0.1701 current LCU per US$ of GDP | -9.4% |
| 2007 | 0.1845 current LCU per US$ of GDP | +8.4% |
| 2008 | 0.159 current LCU per US$ of GDP | -13.8% |
| 2009 | 0.2013 current LCU per US$ of GDP | +26.6% |
| 2010 | 0.1825 current LCU per US$ of GDP | -9.3% |
| 2011 | 0.1454 current LCU per US$ of GDP | -20.3% |
| 2012 | 0.1443 current LCU per US$ of GDP | -0.7% |
| 2013 | 0.1585 current LCU per US$ of GDP | +9.8% |
| 2014 | 0.1794 current LCU per US$ of GDP | +13.2% |
| 2015 | 0.2743 current LCU per US$ of GDP | +52.9% |
| 2016 | 0.3048 current LCU per US$ of GDP | +11.1% |
| 2017 | 0.2895 current LCU per US$ of GDP | -5.0% |
| 2018 | 0.2662 current LCU per US$ of GDP | -8.1% |
| 2019 | 0.2659 current LCU per US$ of GDP | -0.1% |
| 2020 | 0.2897 current LCU per US$ of GDP | +8.9% |
| 2021 | 0.2369 current LCU per US$ of GDP | -18.2% |
| 2022 | 0.2144 current LCU per US$ of GDP | -9.5% |
| 2023 | 0.2477 current LCU per US$ of GDP | +15.5% |
| 2024 | 0.253 current LCU per US$ of GDP | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2234 current LCU per US$ of GDP | 0.1979 current LCU per US$ of GDP | 0.2462 current LCU per US$ of GDP | 5 |
| 1970s | 0.1649 current LCU per US$ of GDP | 0.0847 current LCU per US$ of GDP | 0.2297 current LCU per US$ of GDP | 10 |
| 1980s | 0.2465 current LCU per US$ of GDP | 0.1512 current LCU per US$ of GDP | 0.2959 current LCU per US$ of GDP | 10 |
| 1990s | 0.3232 current LCU per US$ of GDP | 0.2602 current LCU per US$ of GDP | 0.6001 current LCU per US$ of GDP | 10 |
| 2000s | 0.2134 current LCU per US$ of GDP | 0.159 current LCU per US$ of GDP | 0.2796 current LCU per US$ of GDP | 10 |
| 2010s | 0.2211 current LCU per US$ of GDP | 0.1443 current LCU per US$ of GDP | 0.3048 current LCU per US$ of GDP | 10 |
| 2020s | 0.2483 current LCU per US$ of GDP | 0.2144 current LCU per US$ of GDP | 0.2897 current 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)
- Final consumption expenditure (constant 2015 US$), per capita 18,724 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate -0.5262 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.8248 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 27,099 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate -0.6859 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 8,311 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -2.57 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7145 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (current lcu), per unit of gdp in Kuwait?
- Gross national expenditure (current lcu), per unit of gdp in Kuwait was 0.253 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per unit of gdp recorded in Kuwait?
- The highest recorded value was 0.6001 current LCU per US$ of GDP in 1991.
- What is the lowest gross national expenditure (current lcu), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.0847 current LCU per US$ of GDP in 1974.
- How does Kuwait rank for gross national expenditure (current lcu), per unit of gdp?
- Kuwait ranks 186th out of 186 countries with data for 2024.
- Is gross national expenditure (current lcu), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 41.0%. 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 (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
Gross national expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ GDP (current US$)
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 (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.