Households and NPISHs Final consumption expenditure (current US$) (US) in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure (current US$) (US) was 66.91 billion current US$ in 2024. ◆ Volatile
Latest (2024)
66.91 billion current US$
Change on year
up 5.6%
World rank
68th
of 190 countries
All-time high
66.91 billion current US$
in 2024
All-time low
554.40 million current US$
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 US$.
Analysis
In 2024, households and npishs final consumption expenditure in Kuwait stood at 66.91 billion current US$. That is the highest value across all 60 years on record.
The figure is up 5.6% on the previous year and up 41.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Kuwait peaked at 66.91 billion current US$ in 2024 and was at its lowest, 554.40 million current US$, in 1965.
That places Kuwait 68th out of 190 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current US$) (US) in Kuwait, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 554.40 million current US$ | — |
| 1966 | 649.60 million current US$ | +17.2% |
| 1967 | 784.00 million current US$ | +20.7% |
| 1968 | 831.60 million current US$ | +6.1% |
| 1969 | 856.80 million current US$ | +3.0% |
| 1970 | 1.11 billion current US$ | +29.5% |
| 1971 | 1.18 billion current US$ | +6.3% |
| 1972 | 1.30 billion current US$ | +10.2% |
| 1973 | 1.48 billion current US$ | +13.8% |
| 1974 | 1.92 billion current US$ | +30.0% |
| 1975 | 2.62 billion current US$ | +36.0% |
| 1976 | 3.52 billion current US$ | +34.6% |
| 1977 | 4.76 billion current US$ | +35.0% |
| 1978 | 5.37 billion current US$ | +13.0% |
| 1979 | 6.44 billion current US$ | +19.9% |
| 1980 | 8.84 billion current US$ | +37.2% |
| 1981 | 9.56 billion current US$ | +8.1% |
| 1982 | 11.52 billion current US$ | +20.6% |
| 1983 | 9.24 billion current US$ | -19.8% |
| 1984 | 9.24 billion current US$ | -0.0% |
| 1985 | 10.25 billion current US$ | +11.0% |
| 1986 | 9.44 billion current US$ | -7.9% |
| 1987 | 10.07 billion current US$ | +6.6% |
| 1988 | 11.05 billion current US$ | +9.8% |
| 1989 | 12.47 billion current US$ | +12.8% |
| 1990 | 10.46 billion current US$ | -16.1% |
| 1991 | 10.24 billion current US$ | -2.1% |
| 1992 | 7.61 billion current US$ | -25.7% |
| 1993 | 10.41 billion current US$ | +36.7% |
| 1994 | 10.29 billion current US$ | -1.2% |
| 1995 | 11.60 billion current US$ | +12.7% |
| 1996 | 14.03 billion current US$ | +20.9% |
| 1997 | 14.10 billion current US$ | +0.6% |
| 1998 | 15.12 billion current US$ | +7.2% |
| 1999 | 15.69 billion current US$ | +3.8% |
| 2000 | 15.66 billion current US$ | -0.2% |
| 2001 | 16.15 billion current US$ | +3.1% |
| 2002 | 18.91 billion current US$ | +17.1% |
| 2003 | 20.46 billion current US$ | +8.2% |
| 2004 | 22.24 billion current US$ | +8.7% |
| 2005 | 25.98 billion current US$ | +16.8% |
| 2006 | 29.01 billion current US$ | +11.7% |
| 2007 | 34.89 billion current US$ | +20.3% |
| 2008 | 41.47 billion current US$ | +18.8% |
| 2009 | 35.50 billion current US$ | -14.4% |
| 2010 | 33.35 billion current US$ | -6.1% |
| 2011 | 37.36 billion current US$ | +12.0% |
| 2012 | 41.17 billion current US$ | +10.2% |
| 2013 | 43.79 billion current US$ | +6.4% |
| 2014 | 47.14 billion current US$ | +7.6% |
| 2015 | 47.61 billion current US$ | +1.0% |
| 2016 | 49.48 billion current US$ | +3.9% |
| 2017 | 52.25 billion current US$ | +5.6% |
| 2018 | 54.95 billion current US$ | +5.2% |
| 2019 | 56.57 billion current US$ | +3.0% |
| 2020 | 50.81 billion current US$ | -10.2% |
| 2021 | 57.40 billion current US$ | +13.0% |
| 2022 | 59.79 billion current US$ | +4.2% |
| 2023 | 63.34 billion current US$ | +5.9% |
| 2024 | 66.91 billion current US$ | +5.6% |
Kuwait compared with similar countries
- Kuwait's 66.91 billion current US$ is below the median for high income countries, which is 83.58 billion current US$, 80% of the median. (70 countries reporting)
- Kuwait's 66.91 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 45.78 billion current US$, 1.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 735.28 million current US$ | 554.40 million current US$ | 856.80 million current US$ | 5 |
| 1970s | 2.97 billion current US$ | 1.11 billion current US$ | 6.44 billion current US$ | 10 |
| 1980s | 10.17 billion current US$ | 8.84 billion current US$ | 12.47 billion current US$ | 10 |
| 1990s | 11.95 billion current US$ | 7.61 billion current US$ | 15.69 billion current US$ | 10 |
| 2000s | 26.03 billion current US$ | 15.66 billion current US$ | 41.47 billion current US$ | 10 |
| 2010s | 46.37 billion current US$ | 33.35 billion current US$ | 56.57 billion current US$ | 10 |
| 2020s | 59.65 billion current US$ | 50.81 billion current US$ | 66.91 billion current US$ | 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 66.91 billion current US$ 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 66.91 billion current US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Kuwait?
- The lowest recorded value was 554.40 million current US$ in 1965.
- How does Kuwait rank for households and npishs final consumption expenditure?
- Kuwait ranks 68th 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 41.9%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.