PPP conversion factor for private consumption in Kuwait
Kuwait: PPP conversion factor for private consumption was 0.1832 LCU per international $ in 2025. ▲ Rising
Latest (2025)
0.1832 LCU per international $
Change on year
down 0.3%
World rank
202nd
of 204 countries
All-time high
0.1974 LCU per international $
in 2015
All-time low
0.1479 LCU per international $
in 2004
Years of data
36
1990–2025
PPP conversion factor for private consumption in Kuwait, 1990–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor for private consumption in Kuwait is 0.1832 LCU per international $, measured in 2025.
Compared with earlier readings it is down 0.3% on the previous year and down 7.2% over ten years.
Over the whole period, ppp conversion factor for private consumption in Kuwait peaked at 0.1974 LCU per international $ in 2015 and was at its lowest, 0.1479 LCU per international $, in 2004.
That places Kuwait 202nd out of 204 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
PPP conversion factor for private consumption in Kuwait, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.163 LCU per international $ | — |
| 1991 | 0.1706 LCU per international $ | +4.6% |
| 1992 | 0.1647 LCU per international $ | -3.5% |
| 1993 | 0.1606 LCU per international $ | -2.5% |
| 1994 | 0.1604 LCU per international $ | -0.1% |
| 1995 | 0.1603 LCU per international $ | -0.1% |
| 1996 | 0.1612 LCU per international $ | +0.6% |
| 1997 | 0.1586 LCU per international $ | -1.6% |
| 1998 | 0.1564 LCU per international $ | -1.4% |
| 1999 | 0.1576 LCU per international $ | +0.8% |
| 2000 | 0.1552 LCU per international $ | -1.5% |
| 2001 | 0.1529 LCU per international $ | -1.5% |
| 2002 | 0.1519 LCU per international $ | -0.7% |
| 2003 | 0.1499 LCU per international $ | -1.3% |
| 2004 | 0.1479 LCU per international $ | -1.4% |
| 2005 | 0.1489 LCU per international $ | +0.7% |
| 2006 | 0.1487 LCU per international $ | -0.2% |
| 2007 | 0.1525 LCU per international $ | +2.6% |
| 2008 | 0.1624 LCU per international $ | +6.5% |
| 2009 | 0.1705 LCU per international $ | +5.0% |
| 2010 | 0.1753 LCU per international $ | +2.8% |
| 2011 | 0.1781 LCU per international $ | +1.6% |
| 2012 | 0.1828 LCU per international $ | +2.6% |
| 2013 | 0.1918 LCU per international $ | +5.0% |
| 2014 | 0.1919 LCU per international $ | +0.0% |
| 2015 | 0.1974 LCU per international $ | +2.9% |
| 2016 | 0.1931 LCU per international $ | -2.2% |
| 2017 | 0.1908 LCU per international $ | -1.2% |
| 2018 | 0.1861 LCU per international $ | -2.5% |
| 2019 | 0.1875 LCU per international $ | +0.8% |
| 2020 | 0.1935 LCU per international $ | +3.2% |
| 2021 | 0.1919 LCU per international $ | -0.8% |
| 2022 | 0.1847 LCU per international $ | -3.7% |
| 2023 | 0.1839 LCU per international $ | -0.5% |
| 2024 | 0.1838 LCU per international $ | -0.0% |
| 2025 | 0.1832 LCU per international $ | -0.3% |
Kuwait compared with similar countries
- Kuwait's 0.1832 LCU per international $ is below the median for high income countries, which is 1.11 LCU per international $, 16% of the median. (77 countries reporting)
- Kuwait's 0.1832 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.66 LCU per international $, 5% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1613 LCU per international $ | 0.1564 LCU per international $ | 0.1706 LCU per international $ | 10 |
| 2000s | 0.1541 LCU per international $ | 0.1479 LCU per international $ | 0.1705 LCU per international $ | 10 |
| 2010s | 0.1875 LCU per international $ | 0.1753 LCU per international $ | 0.1974 LCU per international $ | 10 |
| 2020s | 0.1868 LCU per international $ | 0.1832 LCU per international $ | 0.1935 LCU per international $ | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.99 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.019 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 614.43 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 413.09 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -32.78 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0026 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 84.91 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.99 % change on previous year (2025)
Frequently asked questions
- What is ppp conversion factor for private consumption in Kuwait?
- Ppp conversion factor for private consumption in Kuwait was 0.1832 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Kuwait?
- The highest recorded value was 0.1974 LCU per international $ in 2015.
- What is the lowest ppp conversion factor for private consumption recorded in Kuwait?
- The lowest recorded value was 0.1479 LCU per international $ in 2004.
- How does Kuwait rank for ppp conversion factor for private consumption?
- Kuwait ranks 202nd out of 204 countries with data for 2025.
- Is ppp conversion factor for private consumption rising or falling in Kuwait?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is rising.
- Where does this Kuwait data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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