Gross national expenditure in Kuwait
Kuwait: Gross national expenditure was 80.62 in 2023. ▲ Rising
Latest (2023)
80.62
Change on year
up 15.1%
World rank
66th
of 71 countries
All-time high
211.09
in 1991
All-time low
28.88
in 1974
Years of data
59
1965–2023
Gross national expenditure in Kuwait, 1965–2023
Source: UNICEF.
Analysis
Kuwait recorded 80.62 for gross national expenditure in 2023.
The figure is up 15.1% on the previous year and up 44.3% over ten years.
Over the whole period, gross national expenditure in Kuwait peaked at 211.09 in 1991 and was at its lowest, 28.88, in 1974.
Kuwait ranks 66th of 71 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 59 years of available data.
Gross national expenditure in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 55.41 | — |
| 1966 | 58.67 | +5.9% |
| 1967 | 68.92 | +17.5% |
| 1968 | 64.35 | -6.6% |
| 1969 | 65.42 | +1.7% |
| 1970 | 64.31 | -1.7% |
| 1971 | 52.32 | -18.6% |
| 1972 | 52.06 | -0.5% |
| 1973 | 50.24 | -3.5% |
| 1974 | 28.88 | -42.5% |
| 1975 | 45.54 | +57.7% |
| 1976 | 54.62 | +19.9% |
| 1977 | 71.42 | +30.8% |
| 1978 | 69.33 | -2.9% |
| 1979 | 50.85 | -26.7% |
| 1980 | 55.95 | +10.0% |
| 1981 | 68.98 | +23.3% |
| 1982 | 97.86 | +41.9% |
| 1983 | 90.22 | -7.8% |
| 1984 | 84.53 | -6.3% |
| 1985 | 89.07 | +5.4% |
| 1986 | 101.83 | +14.3% |
| 1987 | 84.58 | -16.9% |
| 1988 | 95.38 | +12.8% |
| 1989 | 88.97 | -6.7% |
| 1990 | 113.13 | +27.2% |
| 1991 | 211.09 | +86.6% |
| 1992 | 116.24 | -44.9% |
| 1993 | 96.52 | -17.0% |
| 1994 | 91.47 | -5.2% |
| 1995 | 89.61 | -2.0% |
| 1996 | 86.9 | -3.0% |
| 1997 | 86.74 | -0.2% |
| 1998 | 107.24 | +23.6% |
| 1999 | 93.5 | -12.8% |
| 2000 | 73.67 | -21.2% |
| 2001 | 84.23 | +14.3% |
| 2002 | 91.99 | +9.2% |
| 2003 | 82.37 | -10.5% |
| 2004 | 75.46 | -8.4% |
| 2005 | 64.29 | -14.8% |
| 2006 | 58.62 | -8.8% |
| 2007 | 64.9 | +10.7% |
| 2008 | 59.16 | -8.8% |
| 2009 | 69.94 | +18.2% |
| 2010 | 63.68 | -9.0% |
| 2011 | 52.68 | -17.3% |
| 2012 | 51.55 | -2.2% |
| 2013 | 55.88 | +8.4% |
| 2014 | 63.03 | +12.8% |
| 2015 | 91.17 | +44.7% |
| 2016 | 100.89 | +10.7% |
| 2017 | 95.45 | -5.4% |
| 2018 | 88.16 | -7.6% |
| 2019 | 87.57 | -0.7% |
| 2020 | 94.58 | +8.0% |
| 2021 | 78.55 | -17.0% |
| 2022 | 70.02 | -10.9% |
| 2023 | 80.62 | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.55 | 55.41 | 68.92 | 5 |
| 1970s | 53.96 | 28.88 | 71.42 | 10 |
| 1980s | 85.74 | 55.95 | 101.83 | 10 |
| 1990s | 109.24 | 86.74 | 211.09 | 10 |
| 2000s | 72.47 | 58.62 | 91.99 | 10 |
| 2010s | 75.01 | 51.55 | 100.89 | 10 |
| 2020s | 80.94 | 70.02 | 94.58 | 4 |
Countries ranked near Kuwait
- 63 Bahrain 82.47 compare
- 64 Malta 81.2 compare
- 65 Libya 81.06 compare
- 67 San Marino 69 compare
- 68 Turkmenistan 68.22 compare
- 69 Luxembourg 68.2 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)
- Gross capital formation (constant 2015 US$), annual growth rate -18.28 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1447 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 4,753 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -3 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3824 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,562 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -3.16 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.1173 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure in Kuwait?
- Gross national expenditure in Kuwait was 80.62 in 2023, according to UNICEF.
- What is the highest gross national expenditure recorded in Kuwait?
- The highest recorded value was 211.09 in 1991.
- What is the lowest gross national expenditure recorded in Kuwait?
- The lowest recorded value was 28.88 in 1974.
- How does Kuwait rank for gross national expenditure?
- Kuwait ranks 66th out of 71 countries with data for 2023.
- Is gross national expenditure rising or falling in Kuwait?
- Over the last ten years it is up 44.3%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from UNICEF, published as part of Gross national expenditure (% of GDP). Statizoid updates them automatically from the source API.
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