Households and NPISHs Final consumption … LCU rate annual growth in Kuwait
Kuwait: Households and NPISHs Final consumption … LCU rate annual growth was 5.46 % change on previous year in 2024. ◆ Volatile
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 … LCU rate annual growth 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% |
Kuwait compared with similar countries
- Kuwait's 5.46 % change on previous year is above the median for high income countries, which is 4.55 % change on previous year, 1.2× the median. (70 countries reporting)
- Kuwait's 5.46 % change on previous year is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.72 % change on previous year, 71% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Households and NPISHs Final consumption … LCU rate annual growth 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 |
|---|---|---|---|
| 1974 | +978.6% | 2.64 % change on previous year | 28.52 % change on previous year |
| 1970 | +873.8% | 3.03 % change on previous year | 29.51 % change on previous year |
| 1985 | +737.2% | 1.53 % change on previous year | 12.77 % change on previous year |
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)
- 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 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
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 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.