Households and NPISHs Final consumption expenditure, PPP in Kuwait
Kuwait: Households and NPISHs Final consumption expenditure, PPP was 96.50 billion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Kuwait, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Kuwait recorded 96.50 billion constant 2021 international $ for households and npishs final consumption expenditure, ppp in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 17.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Kuwait peaked at 96.50 billion constant 2021 international $ in 2024 and was at its lowest, 66.77 billion constant 2021 international $, in 2010.
That places Kuwait 77th out of 170 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Kuwait, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2010 | 66.77 billion constant 2021 international $ | — |
| 2011 | 68.66 billion constant 2021 international $ | +2.8% |
| 2012 | 74.38 billion constant 2021 international $ | +8.3% |
| 2013 | 76.18 billion constant 2021 international $ | +2.4% |
| 2014 | 81.88 billion constant 2021 international $ | +7.5% |
| 2015 | 84.70 billion constant 2021 international $ | +3.4% |
| 2016 | 85.67 billion constant 2021 international $ | +1.1% |
| 2017 | 88.70 billion constant 2021 international $ | +3.5% |
| 2018 | 92.28 billion constant 2021 international $ | +4.0% |
| 2019 | 94.52 billion constant 2021 international $ | +2.4% |
| 2020 | 83.87 billion constant 2021 international $ | -11.3% |
| 2021 | 90.24 billion constant 2021 international $ | +7.6% |
| 2022 | 91.79 billion constant 2021 international $ | +1.7% |
| 2023 | 94.10 billion constant 2021 international $ | +2.5% |
| 2024 | 96.50 billion constant 2021 international $ | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 81.37 billion constant 2021 international $ | 66.77 billion constant 2021 international $ | 94.52 billion constant 2021 international $ | 10 |
| 2020s | 91.30 billion constant 2021 international $ | 83.87 billion constant 2021 international $ | 96.50 billion constant 2021 international $ | 5 |
Countries ranked near Kuwait
- 74 Puerto Rico 102.22 billion constant 2021 international $ compare
- 75 Bolivia, Plurinational State of 98.22 billion constant 2021 international $ compare
- 76 Serbia 97.72 billion constant 2021 international $ compare
- 78 Uganda 95.38 billion constant 2021 international $ compare
- 79 Afghanistan 84.97 billion constant 2021 international $ compare
- 80 Croatia 84.33 billion 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -7.05 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3247 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 10,669 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -12.04 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -12.18 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.51 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0016 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 52.53 current LCU per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Kuwait?
- Households and npishs final consumption expenditure, ppp in Kuwait was 96.50 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Kuwait?
- The highest recorded value was 96.50 billion constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Kuwait?
- The lowest recorded value was 66.77 billion constant 2021 international $ in 2010.
- How does Kuwait rank for households and npishs final consumption expenditure, ppp?
- Kuwait ranks 77th out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Kuwait?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, 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 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. 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.