Gross national expenditure (current US$), annual growth rate (current) in Kuwait
Kuwait: Gross national expenditure (current US$), annual growth rate (current) was -0.5262 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (current US$), annual growth rate in Kuwait, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kuwait recorded -0.5262 % change on previous year for gross national expenditure (current us$), annual growth rate in 2024.
The figure is down 113.7% on the previous year and down 109.9% over ten years.
Over the whole period, gross national expenditure (current us$), annual growth rate in Kuwait peaked at 45.74 % change on previous year in 1975 and was at its lowest, -15 % change on previous year, in 2009.
Kuwait ranks 167th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$), annual growth rate (current) in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1966 | 20.72 % change on previous year | — |
| 1967 | 19.96 % change on previous year | -3.7% |
| 1968 | 1.83 % change on previous year | -90.8% |
| 1969 | 5.72 % change on previous year | +212.5% |
| 1970 | 2.01 % change on previous year | -64.9% |
| 1971 | 9.85 % change on previous year | +390.3% |
| 1972 | 14.14 % change on previous year | +43.5% |
| 1973 | 17.28 % change on previous year | +22.2% |
| 1974 | 38.25 % change on previous year | +121.4% |
| 1975 | 45.74 % change on previous year | +19.6% |
| 1976 | 31.01 % change on previous year | -32.2% |
| 1977 | 40.77 % change on previous year | +31.5% |
| 1978 | 6.45 % change on previous year | -84.2% |
| 1979 | 17.08 % change on previous year | +164.9% |
| 1980 | 27.33 % change on previous year | +60.0% |
| 1981 | 7.88 % change on previous year | -71.2% |
| 1982 | 22.16 % change on previous year | +181.2% |
| 1983 | -10.82 % change on previous year | -148.8% |
| 1984 | -2.59 % change on previous year | -76.1% |
| 1985 | 4.14 % change on previous year | -259.8% |
| 1986 | -4.56 % change on previous year | -210.2% |
| 1987 | 3.78 % change on previous year | -182.9% |
| 1988 | 4.3 % change on previous year | +13.7% |
| 1989 | 9.62 % change on previous year | +123.7% |
| 1990 | -3.62 % change on previous year | -137.6% |
| 1991 | 11.48 % change on previous year | -417.1% |
| 1992 | -0.6747 % change on previous year | -105.9% |
| 1993 | 0.1044 % change on previous year | -115.5% |
| 1994 | -1.64 % change on previous year | -1672.2% |
| 1995 | 7.19 % change on previous year | -537.8% |
| 1996 | 12.33 % change on previous year | +71.6% |
| 1997 | -3.81 % change on previous year | -130.9% |
| 1998 | 5.68 % change on previous year | -249.2% |
| 1999 | 1.24 % change on previous year | -78.3% |
| 2000 | -1.33 % change on previous year | -208.0% |
| 2001 | 5.76 % change on previous year | -531.7% |
| 2002 | 19.37 % change on previous year | +236.5% |
| 2003 | 12.41 % change on previous year | -36.0% |
| 2004 | 13.74 % change on previous year | +10.8% |
| 2005 | 15.81 % change on previous year | +15.0% |
| 2006 | 14.61 % change on previous year | -7.6% |
| 2007 | 24.97 % change on previous year | +70.9% |
| 2008 | 17.2 % change on previous year | -31.1% |
| 2009 | -15 % change on previous year | -187.2% |
| 2010 | -0.837 % change on previous year | -94.4% |
| 2011 | 10.41 % change on previous year | -1343.7% |
| 2012 | 10.56 % change on previous year | +1.4% |
| 2013 | 8.49 % change on previous year | -19.6% |
| 2014 | 5.32 % change on previous year | -37.3% |
| 2015 | 1.91 % change on previous year | -64.2% |
| 2016 | 5.66 % change on previous year | +197.0% |
| 2017 | 4.36 % change on previous year | -23.1% |
| 2018 | 6.11 % change on previous year | +40.3% |
| 2019 | 0.9105 % change on previous year | -85.1% |
| 2020 | -14.85 % change on previous year | -1730.7% |
| 2021 | 10.95 % change on previous year | -173.7% |
| 2022 | 10.27 % change on previous year | -6.2% |
| 2023 | 3.83 % change on previous year | -62.7% |
| 2024 | -0.5262 % change on previous year | -113.7% |
Kuwait compared with similar countries
- Kuwait's -0.5262 % change on previous year is below the median for high income countries, which is 7.92 % change on previous year. (66 countries reporting)
- Kuwait's -0.5262 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.71 % change on previous year. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current US$), annual growth rate (current) in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1730.7% | 0.9105 % change on previous year | -14.85 % change on previous year |
| 1994 | -1672.2% | 0.1044 % change on previous year | -1.64 % change on previous year |
| 2011 | +1343.7% | -0.837 % change on previous year | 10.41 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.06 % change on previous year | 1.83 % change on previous year | 20.72 % change on previous year | 4 |
| 1970s | 22.26 % change on previous year | 2.01 % change on previous year | 45.74 % change on previous year | 10 |
| 1980s | 6.12 % change on previous year | -10.82 % change on previous year | 27.33 % change on previous year | 10 |
| 1990s | 2.83 % change on previous year | -3.81 % change on previous year | 12.33 % change on previous year | 10 |
| 2000s | 10.75 % change on previous year | -15 % change on previous year | 24.97 % change on previous year | 10 |
| 2010s | 5.29 % change on previous year | -0.837 % change on previous year | 10.56 % change on previous year | 10 |
| 2020s | 1.93 % change on previous year | -14.85 % change on previous year | 10.95 % change on previous year | 5 |
Countries ranked near Kuwait
- 164 Oman 0.2142 % change on previous year compare
- 165 Ghana 0.155 % change on previous year compare
- 166 Macao -0.4688 % change on previous year compare
- 168 Brunei -0.8539 % change on previous year compare
- 169 South Korea -1.35 % change on previous year compare
- 170 Mexico -1.36 % change on previous year 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 (current us$), annual growth rate in Kuwait?
- Gross national expenditure (current us$), annual growth rate in Kuwait was -0.5262 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), annual growth rate recorded in Kuwait?
- The highest recorded value was 45.74 % change on previous year in 1975.
- What is the lowest gross national expenditure (current us$), annual growth rate recorded in Kuwait?
- The lowest recorded value was -15 % change on previous year in 2009.
- How does Kuwait rank for gross national expenditure (current us$), annual growth rate?
- Kuwait ranks 167th out of 185 countries with data for 2024.
- Is gross national expenditure (current us$), annual growth rate rising or falling in Kuwait?
- Over the last ten years it is down 109.9%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.