Gross national expenditure (current US$), per unit of GDP in Kuwait
Kuwait: Gross national expenditure (current US$), per unit of GDP was 0.8248 current US$ per US$ of GDP in 2024. ▲ Rising
Gross national expenditure (current US$), per unit of GDP in Kuwait, 1965–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross national expenditure (current us$), per unit of gdp in Kuwait stood at 0.8248 current US$ per US$ of GDP.
Compared with earlier readings it is up 2.3% on the previous year and up 30.9% over ten years.
Over the whole period, gross national expenditure (current us$), per unit of gdp in Kuwait peaked at 2.11 current US$ per US$ of GDP in 1991 and was at its lowest, 0.2888 current US$ per US$ of GDP, in 1974.
That places Kuwait 172nd out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross national expenditure (current US$), per unit of GDP in Kuwait, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1965 | 0.5541 current US$ per US$ of GDP | — |
| 1966 | 0.5867 current US$ per US$ of GDP | +5.9% |
| 1967 | 0.6892 current US$ per US$ of GDP | +17.5% |
| 1968 | 0.6435 current US$ per US$ of GDP | -6.6% |
| 1969 | 0.6542 current US$ per US$ of GDP | +1.7% |
| 1970 | 0.6431 current US$ per US$ of GDP | -1.7% |
| 1971 | 0.5232 current US$ per US$ of GDP | -18.6% |
| 1972 | 0.5206 current US$ per US$ of GDP | -0.5% |
| 1973 | 0.5024 current US$ per US$ of GDP | -3.5% |
| 1974 | 0.2888 current US$ per US$ of GDP | -42.5% |
| 1975 | 0.4554 current US$ per US$ of GDP | +57.7% |
| 1976 | 0.5462 current US$ per US$ of GDP | +19.9% |
| 1977 | 0.7142 current US$ per US$ of GDP | +30.8% |
| 1978 | 0.6933 current US$ per US$ of GDP | -2.9% |
| 1979 | 0.5085 current US$ per US$ of GDP | -26.7% |
| 1980 | 0.5595 current US$ per US$ of GDP | +10.0% |
| 1981 | 0.6898 current US$ per US$ of GDP | +23.3% |
| 1982 | 0.9786 current US$ per US$ of GDP | +41.9% |
| 1983 | 0.9022 current US$ per US$ of GDP | -7.8% |
| 1984 | 0.8453 current US$ per US$ of GDP | -6.3% |
| 1985 | 0.8907 current US$ per US$ of GDP | +5.4% |
| 1986 | 1.02 current US$ per US$ of GDP | +14.3% |
| 1987 | 0.8458 current US$ per US$ of GDP | -16.9% |
| 1988 | 0.9538 current US$ per US$ of GDP | +12.8% |
| 1989 | 0.8897 current US$ per US$ of GDP | -6.7% |
| 1990 | 1.13 current US$ per US$ of GDP | +27.2% |
| 1991 | 2.11 current US$ per US$ of GDP | +86.6% |
| 1992 | 1.16 current US$ per US$ of GDP | -44.9% |
| 1993 | 0.9652 current US$ per US$ of GDP | -17.0% |
| 1994 | 0.9147 current US$ per US$ of GDP | -5.2% |
| 1995 | 0.8961 current US$ per US$ of GDP | -2.0% |
| 1996 | 0.869 current US$ per US$ of GDP | -3.0% |
| 1997 | 0.8674 current US$ per US$ of GDP | -0.2% |
| 1998 | 1.07 current US$ per US$ of GDP | +23.6% |
| 1999 | 0.935 current US$ per US$ of GDP | -12.8% |
| 2000 | 0.7367 current US$ per US$ of GDP | -21.2% |
| 2001 | 0.8423 current US$ per US$ of GDP | +14.3% |
| 2002 | 0.9199 current US$ per US$ of GDP | +9.2% |
| 2003 | 0.8237 current US$ per US$ of GDP | -10.5% |
| 2004 | 0.7546 current US$ per US$ of GDP | -8.4% |
| 2005 | 0.6429 current US$ per US$ of GDP | -14.8% |
| 2006 | 0.5862 current US$ per US$ of GDP | -8.8% |
| 2007 | 0.649 current US$ per US$ of GDP | +10.7% |
| 2008 | 0.5916 current US$ per US$ of GDP | -8.8% |
| 2009 | 0.6994 current US$ per US$ of GDP | +18.2% |
| 2010 | 0.6368 current US$ per US$ of GDP | -9.0% |
| 2011 | 0.5268 current US$ per US$ of GDP | -17.3% |
| 2012 | 0.5155 current US$ per US$ of GDP | -2.2% |
| 2013 | 0.5588 current US$ per US$ of GDP | +8.4% |
| 2014 | 0.6303 current US$ per US$ of GDP | +12.8% |
| 2015 | 0.9117 current US$ per US$ of GDP | +44.7% |
| 2016 | 1.01 current US$ per US$ of GDP | +10.7% |
| 2017 | 0.9545 current US$ per US$ of GDP | -5.4% |
| 2018 | 0.8816 current US$ per US$ of GDP | -7.6% |
| 2019 | 0.8757 current US$ per US$ of GDP | -0.7% |
| 2020 | 0.9459 current US$ per US$ of GDP | +8.0% |
| 2021 | 0.7855 current US$ per US$ of GDP | -17.0% |
| 2022 | 0.7002 current US$ per US$ of GDP | -10.9% |
| 2023 | 0.8063 current US$ per US$ of GDP | +15.2% |
| 2024 | 0.8248 current US$ per US$ of GDP | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6255 current US$ per US$ of GDP | 0.5541 current US$ per US$ of GDP | 0.6892 current US$ per US$ of GDP | 5 |
| 1970s | 0.5396 current US$ per US$ of GDP | 0.2888 current US$ per US$ of GDP | 0.7142 current US$ per US$ of GDP | 10 |
| 1980s | 0.8574 current US$ per US$ of GDP | 0.5595 current US$ per US$ of GDP | 1.02 current US$ per US$ of GDP | 10 |
| 1990s | 1.09 current US$ per US$ of GDP | 0.8674 current US$ per US$ of GDP | 2.11 current US$ per US$ of GDP | 10 |
| 2000s | 0.7247 current US$ per US$ of GDP | 0.5862 current US$ per US$ of GDP | 0.9199 current US$ per US$ of GDP | 10 |
| 2010s | 0.7501 current US$ per US$ of GDP | 0.5155 current US$ per US$ of GDP | 1.01 current US$ per US$ of GDP | 10 |
| 2020s | 0.8125 current US$ per US$ of GDP | 0.7002 current US$ per US$ of GDP | 0.9459 current US$ per US$ of GDP | 5 |
Countries ranked near Kuwait
- 169 Zambia 0.845 current US$ per US$ of GDP compare
- 170 United Arab Emirates 0.8373 current US$ per US$ of GDP compare
- 171 Oman 0.8271 current US$ per US$ of GDP compare
- 173 Bahrain 0.8229 current US$ per US$ of GDP compare
- 174 Equatorial Guinea 0.8189 current US$ per US$ of GDP compare
- 175 Malta 0.808 current 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)
- 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 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 unit of GDP 0.253 current LCU per US$ of GDP (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 us$), per unit of gdp in Kuwait?
- Gross national expenditure (current us$), per unit of gdp in Kuwait was 0.8248 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per unit of gdp recorded in Kuwait?
- The highest recorded value was 2.11 current US$ per US$ of GDP in 1991.
- What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Kuwait?
- The lowest recorded value was 0.2888 current US$ per US$ of GDP in 1974.
- How does Kuwait rank for gross national expenditure (current us$), per unit of gdp?
- Kuwait ranks 172nd out of 186 countries with data for 2024.
- Is gross national expenditure (current us$), per unit of gdp rising or falling in Kuwait?
- Over the last ten years it is up 30.9%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.