Households and NPISHs Final consumption expenditure per capita, PPP in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure per capita, PPP was 19,705 constant 2021 international $ in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure per capita, PPP in Kuwait, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Kuwait is 19,705 constant 2021 international $, measured in 2024.
That represents a change of up 1.6% on the previous year and down 11.8% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Kuwait peaked at 22,685 constant 2021 international $ in 2010 and was at its lowest, 19,060 constant 2021 international $, in 2020.
That places Kuwait 52nd out of 169 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Kuwait, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2010 | 22,685 constant 2021 international $ | — |
| 2011 | 21,917 constant 2021 international $ | -3.4% |
| 2012 | 22,288 constant 2021 international $ | +1.7% |
| 2013 | 21,716 constant 2021 international $ | -2.6% |
| 2014 | 22,336 constant 2021 international $ | +2.9% |
| 2015 | 22,088 constant 2021 international $ | -1.1% |
| 2016 | 21,395 constant 2021 international $ | -3.1% |
| 2017 | 21,348 constant 2021 international $ | -0.2% |
| 2018 | 21,343 constant 2021 international $ | -0.0% |
| 2019 | 21,278 constant 2021 international $ | -0.3% |
| 2020 | 19,060 constant 2021 international $ | -10.4% |
| 2021 | 20,692 constant 2021 international $ | +8.6% |
| 2022 | 19,999 constant 2021 international $ | -3.3% |
| 2023 | 19,388 constant 2021 international $ | -3.1% |
| 2024 | 19,705 constant 2021 international $ | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21,839 constant 2021 international $ | 21,278 constant 2021 international $ | 22,685 constant 2021 international $ | 10 |
| 2020s | 19,769 constant 2021 international $ | 19,060 constant 2021 international $ | 20,692 constant 2021 international $ | 5 |
Countries ranked near Kuwait
- 49 Bahrain 20,401 constant 2021 international $ compare
- 50 Montenegro 20,069 constant 2021 international $ compare
- 51 Slovakia 19,717 constant 2021 international $ compare
- 53 Bahamas 19,626 constant 2021 international $ compare
- 54 Latvia 19,604 constant 2021 international $ compare
- 55 Hungary 19,364 constant 2021 international $ 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)
- Services, value added (constant LCU), per capita 4,541 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate -4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1.07 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 34,736 current US$ per person (2025)
- 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)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Kuwait?
- Households and npishs final consumption expenditure per capita, ppp in Kuwait was 19,705 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Kuwait?
- The highest recorded value was 22,685 constant 2021 international $ in 2010.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Kuwait?
- The lowest recorded value was 19,060 constant 2021 international $ in 2020.
- How does Kuwait rank for households and npishs final consumption expenditure per capita, ppp?
- Kuwait ranks 52nd out of 169 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Kuwait?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is falling.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.