Households and NPISHs Final consumption expenditure in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure was 54.25 billion constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Kuwait, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Kuwait recorded 54.25 billion constant 2015 US$ for households and npishs final consumption expenditure in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 17.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Kuwait peaked at 54.25 billion constant 2015 US$ in 2024 and was at its lowest, 37.53 billion constant 2015 US$, in 2010.
That places Kuwait 69th out of 171 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Households and NPISHs Final consumption expenditure in Kuwait, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2010 | 37.53 billion constant 2015 US$ | — |
| 2011 | 38.60 billion constant 2015 US$ | +2.8% |
| 2012 | 41.81 billion constant 2015 US$ | +8.3% |
| 2013 | 42.82 billion constant 2015 US$ | +2.4% |
| 2014 | 46.03 billion constant 2015 US$ | +7.5% |
| 2015 | 47.61 billion constant 2015 US$ | +3.4% |
| 2016 | 48.15 billion constant 2015 US$ | +1.1% |
| 2017 | 49.86 billion constant 2015 US$ | +3.5% |
| 2018 | 51.87 billion constant 2015 US$ | +4.0% |
| 2019 | 53.13 billion constant 2015 US$ | +2.4% |
| 2020 | 47.15 billion constant 2015 US$ | -11.3% |
| 2021 | 50.72 billion constant 2015 US$ | +7.6% |
| 2022 | 51.60 billion constant 2015 US$ | +1.7% |
| 2023 | 52.89 billion constant 2015 US$ | +2.5% |
| 2024 | 54.25 billion constant 2015 US$ | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 45.74 billion constant 2015 US$ | 37.53 billion constant 2015 US$ | 53.13 billion constant 2015 US$ | 10 |
| 2020s | 51.32 billion constant 2015 US$ | 47.15 billion constant 2015 US$ | 54.25 billion constant 2015 US$ | 5 |
Countries ranked near Kuwait
- 66 Sri Lanka 65.29 billion constant 2015 US$ compare
- 67 Slovakia 61.06 billion constant 2015 US$ compare
- 68 Ghana 59.51 billion constant 2015 US$ compare
- 70 Côte d'Ivoire 50.10 billion constant 2015 US$ compare
- 71 Costa Rica 50.09 billion constant 2015 US$ compare
- 72 Cuba 48.78 billion constant 2015 US$ 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 domestic savings (current US$), annual growth rate -14.56 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3262 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 10,719 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -14.7 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1001 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 3,287 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate -1.33 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.25 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Kuwait?
- Households and npishs final consumption expenditure in Kuwait was 54.25 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Kuwait?
- The highest recorded value was 54.25 billion constant 2015 US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 37.53 billion constant 2015 US$ in 2010.
- How does Kuwait rank for households and npishs final consumption expenditure?
- Kuwait ranks 69th out of 171 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Kuwait?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Households and NPISHs Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.