Households and NPISHs Final consumption expenditure (current LCU) in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure (current LCU) was 5.46 % change on previous year in 2024. ◆ Volatile
Latest (2024)
5.46 % change on previous year
Change on year
down 12.9%
World rank
121st
of 189 countries
All-time high
40.72 % change on previous year
in 1993
All-time low
-23.28 % change on previous year
in 1992
Years of data
59
1966–2024
Households and NPISHs Final consumption expenditure (current LCU) in Kuwait, 1966–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Kuwait recorded 5.46 % change on previous year for households and npishs final consumption expenditure (current lcu) in 2024.
Compared with earlier readings it is down 12.9% on the previous year and down 31.8% over ten years.
Over the whole period, households and npishs final consumption expenditure (current lcu) in Kuwait peaked at 40.72 % change on previous year in 1993 and was at its lowest, -23.28 % change on previous year, in 1992.
Kuwait ranks 121st of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current LCU) in Kuwait, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1966 | 17.17 % change on previous year | — |
| 1967 | 20.69 % change on previous year | +20.5% |
| 1968 | 6.07 % change on previous year | -70.7% |
| 1969 | 3.03 % change on previous year | -50.1% |
| 1970 | 29.51 % change on previous year | +873.8% |
| 1971 | 5.98 % change on previous year | -79.7% |
| 1972 | 1.76 % change on previous year | -70.5% |
| 1973 | 2.64 % change on previous year | +50.1% |
| 1974 | 28.52 % change on previous year | +978.6% |
| 1975 | 34.59 % change on previous year | +21.3% |
| 1976 | 35.71 % change on previous year | +3.3% |
| 1977 | 32.33 % change on previous year | -9.5% |
| 1978 | 8.43 % change on previous year | -73.9% |
| 1979 | 20.49 % change on previous year | +143.0% |
| 1980 | 34.16 % change on previous year | +66.8% |
| 1981 | 11.53 % change on previous year | -66.2% |
| 1982 | 24.52 % change on previous year | +112.6% |
| 1983 | -18.79 % change on previous year | -176.7% |
| 1984 | 1.53 % change on previous year | -108.1% |
| 1985 | 12.77 % change on previous year | +737.2% |
| 1986 | -11.01 % change on previous year | -186.2% |
| 1987 | 2.21 % change on previous year | -120.1% |
| 1988 | 9.92 % change on previous year | +347.9% |
| 1989 | 18.77 % change on previous year | +89.2% |
| 1990 | -17.74 % change on previous year | -194.5% |
| 1991 | -3.36 % change on previous year | -81.1% |
| 1992 | -23.28 % change on previous year | +593.0% |
| 1993 | 40.72 % change on previous year | -274.9% |
| 1994 | -2.79 % change on previous year | -106.8% |
| 1995 | 13.29 % change on previous year | -576.8% |
| 1996 | 21.33 % change on previous year | +60.5% |
| 1997 | 1.89 % change on previous year | -91.1% |
| 1998 | 7.7 % change on previous year | +307.8% |
| 1999 | 3.64 % change on previous year | -52.8% |
| 2000 | 0.6156 % change on previous year | -83.1% |
| 2001 | 3.1 % change on previous year | +403.0% |
| 2002 | 16.02 % change on previous year | +417.2% |
| 2003 | 6.1 % change on previous year | -61.9% |
| 2004 | 7.5 % change on previous year | +22.9% |
| 2005 | 15.73 % change on previous year | +109.8% |
| 2006 | 10.99 % change on previous year | -30.1% |
| 2007 | 17.79 % change on previous year | +62.0% |
| 2008 | 12.41 % change on previous year | -30.3% |
| 2009 | -8.36 % change on previous year | -167.4% |
| 2010 | -6.45 % change on previous year | -22.9% |
| 2011 | 7.87 % change on previous year | -222.1% |
| 2012 | 11.78 % change on previous year | +49.7% |
| 2013 | 7.77 % change on previous year | -34.1% |
| 2014 | 8 % change on previous year | +3.0% |
| 2015 | 6.78 % change on previous year | -15.2% |
| 2016 | 4.38 % change on previous year | -35.4% |
| 2017 | 6.02 % change on previous year | +37.5% |
| 2018 | 4.68 % change on previous year | -22.2% |
| 2019 | 3.52 % change on previous year | -25.0% |
| 2020 | -9.41 % change on previous year | -367.8% |
| 2021 | 11.27 % change on previous year | -219.7% |
| 2022 | 5.76 % change on previous year | -48.9% |
| 2023 | 6.27 % change on previous year | +8.7% |
| 2024 | 5.46 % change on previous year | -12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.74 % change on previous year | 3.03 % change on previous year | 20.69 % change on previous year | 4 |
| 1970s | 20 % change on previous year | 1.76 % change on previous year | 35.71 % change on previous year | 10 |
| 1980s | 8.56 % change on previous year | -18.79 % change on previous year | 34.16 % change on previous year | 10 |
| 1990s | 4.14 % change on previous year | -23.28 % change on previous year | 40.72 % change on previous year | 10 |
| 2000s | 8.19 % change on previous year | -8.36 % change on previous year | 17.79 % change on previous year | 10 |
| 2010s | 5.44 % change on previous year | -6.45 % change on previous year | 11.78 % change on previous year | 10 |
| 2020s | 3.87 % change on previous year | -9.41 % change on previous year | 11.27 % change on previous year | 5 |
Countries ranked near Kuwait
- 118 Marshall Islands 5.78 % change on previous year compare
- 119 Lithuania 5.72 % change on previous year compare
- 120 Greece 5.48 % change on previous year compare
- 122 Saudi Arabia 5.45 % change on previous year compare
- 123 Malta 5.4 % change on previous year compare
- 124 Cape Verde 5.29 % 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)
- Households and NPISHs Final consumption expenditure (current LCU) 0.1275 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 4,190 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.56 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3371 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 11,077 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 4.22 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6738 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 22,137 current US$ per person (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (current lcu) in Kuwait?
- Households and npishs final consumption expenditure (current lcu) in Kuwait was 5.46 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (current lcu) recorded in Kuwait?
- The highest recorded value was 40.72 % change on previous year in 1993.
- What is the lowest households and npishs final consumption expenditure (current lcu) recorded in Kuwait?
- The lowest recorded value was -23.28 % change on previous year in 1992.
- How does Kuwait rank for households and npishs final consumption expenditure (current lcu)?
- Kuwait ranks 121st out of 189 countries with data for 2024.
- Is households and npishs final consumption expenditure (current lcu) rising or falling in Kuwait?
- Over the last ten years it is down 31.8%. 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 Households and NPISHs Final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
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 Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.