Households and NPISHs final consumption expenditure: linked series in Kuwait
Kuwait: Households and NPISHs final consumption expenditure: linked series was 20.52 billion current LCU in 2024. ◆ Volatile
Households and NPISHs final consumption expenditure: linked series in Kuwait, 1990–2024
Source: Staff estimates, World Bank (WB). Measured in current LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure: linked series in Kuwait is 20.52 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 5.5% on the previous year and up 53.0% over ten years.
Over the whole period, households and npishs final consumption expenditure: linked series in Kuwait peaked at 20.52 billion current LCU in 2024 and was at its lowest, 2.23 billion current LCU, in 1992.
Kuwait ranks 156th of 187 countries on this measure, 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: linked series in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 3.01 billion current LCU | — |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth -2.51 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.3294 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 10,645 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8558 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 27,652 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.2946 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Kuwait?
- Households and npishs final consumption expenditure: linked series in Kuwait was 20.52 billion current LCU in 2024, according to Staff estimates, World Bank (WB).
- What is the highest households and npishs final consumption expenditure: linked series 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: linked series recorded in Kuwait?
- The lowest recorded value was 2.23 billion current LCU in 1992.
- How does Kuwait rank for households and npishs final consumption expenditure: linked series?
- Kuwait ranks 156th out of 187 countries with data for 2024.
- Is households and npishs final consumption expenditure: linked series 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 Staff estimates, World Bank (WB), published as part of Households and NPISHs final consumption expenditure: linked series (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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.