Households and NPISHs Final consumption expenditure (current LCU) in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure (current LCU) was 20.52 billion current LCU in 2024. ◆ Volatile
Latest (2024)
20.52 billion current LCU
Change on year
up 5.5%
World rank
157th
of 190 countries
All-time high
20.52 billion current LCU
in 2024
All-time low
198.00 million current LCU
in 1965
Years of data
60
1965–2024
Households and NPISHs Final consumption expenditure in Kuwait, 1965–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Kuwait is 20.52 billion current LCU, measured in 2024. That is the highest value across all 60 years on record.
The figure is up 5.5% on the previous year and up 53.0% over ten years.
Over the whole period, households and npishs final consumption expenditure in Kuwait peaked at 20.52 billion current LCU in 2024 and was at its lowest, 198.00 million current LCU, in 1965.
That places Kuwait 157th out of 190 countries with data for 2024, putting it in the bottom quarter.
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 | current LCU | Change |
|---|---|---|
| 1965 | 198.00 million current LCU | — |
| 1966 | 232.00 million current LCU | +17.2% |
| 1967 | 280.00 million current LCU | +20.7% |
| 1968 | 297.00 million current LCU | +6.1% |
| 1969 | 306.00 million current LCU | +3.0% |
| 1970 | 396.30 million current LCU | +29.5% |
| 1971 | 420.00 million current LCU | +6.0% |
| 1972 | 427.40 million current LCU | +1.8% |
| 1973 | 438.70 million current LCU | +2.6% |
| 1974 | 563.80 million current LCU | +28.5% |
| 1975 | 758.80 million current LCU | +34.6% |
| 1976 | 1.03 billion current LCU | +35.7% |
| 1977 | 1.36 billion current LCU | +32.3% |
| 1978 | 1.48 billion current LCU | +8.4% |
| 1979 | 1.78 billion current LCU | +20.5% |
| 1980 | 2.39 billion current LCU | +34.2% |
| 1981 | 2.66 billion current LCU | +11.5% |
| 1982 | 3.32 billion current LCU | +24.5% |
| 1983 | 2.69 billion current LCU | -18.8% |
| 1984 | 2.73 billion current LCU | +1.5% |
| 1985 | 3.08 billion current LCU | +12.8% |
| 1986 | 2.74 billion current LCU | -11.0% |
| 1987 | 2.81 billion current LCU | +2.2% |
| 1988 | 3.08 billion current LCU | +9.9% |
| 1989 | 3.66 billion current LCU | +18.8% |
| 1990 | 3.01 billion current LCU | -17.7% |
| 1991 | 2.91 billion current LCU | -3.4% |
| 1992 | 2.23 billion current LCU | -23.3% |
| 1993 | 3.14 billion current LCU | +40.7% |
| 1994 | 3.06 billion current LCU | -2.8% |
| 1995 | 3.46 billion current LCU | +13.3% |
| 1996 | 4.20 billion current LCU | +21.3% |
| 1997 | 4.28 billion current LCU | +1.9% |
| 1998 | 4.61 billion current LCU | +7.7% |
| 1999 | 4.78 billion current LCU | +3.6% |
| 2000 | 4.81 billion current LCU | +0.6% |
| 2001 | 4.95 billion current LCU | +3.1% |
| 2002 | 5.75 billion current LCU | +16.0% |
| 2003 | 6.10 billion current LCU | +6.1% |
| 2004 | 6.56 billion current LCU | +7.5% |
| 2005 | 7.59 billion current LCU | +15.7% |
| 2006 | 8.42 billion current LCU | +11.0% |
| 2007 | 9.92 billion current LCU | +17.8% |
| 2008 | 11.15 billion current LCU | +12.4% |
| 2009 | 10.22 billion current LCU | -8.4% |
| 2010 | 9.56 billion current LCU | -6.4% |
| 2011 | 10.31 billion current LCU | +7.9% |
| 2012 | 11.52 billion current LCU | +11.8% |
| 2013 | 12.42 billion current LCU | +7.8% |
| 2014 | 13.41 billion current LCU | +8.0% |
| 2015 | 14.32 billion current LCU | +6.8% |
| 2016 | 14.95 billion current LCU | +4.4% |
| 2017 | 15.85 billion current LCU | +6.0% |
| 2018 | 16.59 billion current LCU | +4.7% |
| 2019 | 17.18 billion current LCU | +3.5% |
| 2020 | 15.56 billion current LCU | -9.4% |
| 2021 | 17.31 billion current LCU | +11.3% |
| 2022 | 18.31 billion current LCU | +5.8% |
| 2023 | 19.46 billion current LCU | +6.3% |
| 2024 | 20.52 billion current LCU | +5.5% |
Kuwait compared with similar countries
- Kuwait's 20.52 billion current LCU is below the median for high income countries, which is 179.30 billion current LCU, 11% of the median. (70 countries reporting)
- Kuwait's 20.52 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.01 trillion current LCU, 2% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 262.60 million current LCU | 198.00 million current LCU | 306.00 million current LCU | 5 |
| 1970s | 865.54 million current LCU | 396.30 million current LCU | 1.78 billion current LCU | 10 |
| 1980s | 2.92 billion current LCU | 2.39 billion current LCU | 3.66 billion current LCU | 10 |
| 1990s | 3.57 billion current LCU | 2.23 billion current LCU | 4.78 billion current LCU | 10 |
| 2000s | 7.54 billion current LCU | 4.81 billion current LCU | 11.15 billion current LCU | 10 |
| 2010s | 13.61 billion current LCU | 9.56 billion current LCU | 17.18 billion current LCU | 10 |
| 2020s | 18.23 billion current LCU | 15.56 billion current LCU | 20.52 billion current LCU | 5 |
Countries ranked near Kuwait
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 in Kuwait?
- Households and npishs final consumption expenditure in Kuwait was 20.52 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Kuwait?
- The highest recorded value was 20.52 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 198.00 million current LCU in 1965.
- How does Kuwait rank for households and npishs final consumption expenditure?
- Kuwait ranks 157th out of 190 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 53.0%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.