Kuwait - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Kuwait was $90,676,760,000 as of 2019. Over the past 54 years, the value for this indicator has fluctuated between $90,676,760,000 in 2019 and $831,699,800 in 1965.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 $831,699,800
1966 $980,117,600
1967 $1,162,140,000
1968 $1,234,948,000
1969 $1,282,554,000
1970 $1,499,860,000
1971 $1,666,105,000
1972 $1,903,314,000
1973 $2,202,630,000
1974 $2,874,830,000
1975 $3,945,862,000
1976 $5,000,342,000
1977 $6,800,418,000
1978 $7,609,960,000
1979 $9,204,414,000
1980 $12,036,260,000
1981 $13,117,290,000
1982 $15,679,750,000
1983 $13,656,300,000
1984 $13,778,660,000
1985 $15,056,050,000
1986 $14,272,130,000
1987 $14,993,680,000
1988 $16,487,670,000
1989 $18,639,210,000
1990 $17,600,000,000
1991 $18,630,670,000
1992 $18,643,150,000
1993 $18,992,380,000
1994 $18,715,490,000
1995 $20,353,220,000
1996 $22,611,220,000
1997 $22,189,250,000
1998 $23,030,510,000
1999 $23,781,210,000
2000 $23,762,380,000
2001 $24,396,480,000
2002 $28,551,830,000
2003 $31,473,830,000
2004 $34,045,470,000
2005 $38,672,950,000
2006 $43,121,640,000
2007 $50,952,500,000
2008 $61,219,860,000
2009 $55,077,480,000
2010 $53,118,630,000
2011 $60,275,720,000
2012 $67,387,280,000
2013 $72,332,510,000
2014 $76,007,370,000
2015 $75,317,710,000
2016 $77,616,350,000
2017 $81,738,940,000
2018 $86,801,780,000
2019 $90,676,760,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Kuwait was 27,529,460,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 27,529,460,000 in 2019 and a minimum value of 297,000,000 in 1965.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 297,000,000
1966 350,000,000
1967 415,000,000
1968 441,000,000
1969 458,000,000
1970 535,600,000
1971 593,300,000
1972 626,000,000
1973 653,300,000
1974 842,900,000
1975 1,144,300,000
1976 1,462,100,000
1977 1,949,000,000
1978 2,093,500,000
1979 2,544,100,000
1980 3,253,400,000
1981 3,657,100,000
1982 4,514,200,000
1983 3,980,810,000
1984 4,079,860,000
1985 4,528,860,000
1986 4,147,480,000
1987 4,178,740,000
1988 4,600,060,000
1989 5,476,200,000
1990 5,068,800,000
1991 5,296,700,000
1992 5,469,900,000
1993 5,735,700,000
1994 5,558,500,000
1995 6,073,400,000
1996 6,769,800,000
1997 6,730,000,000
1998 7,019,700,000
1999 7,239,000,000
2000 7,290,300,000
2001 7,482,400,000
2002 8,676,900,000
2003 9,379,200,000
2004 10,033,200,000
2005 11,292,500,000
2006 12,513,900,000
2007 14,480,700,000
2008 16,455,900,000
2009 15,851,300,000
2010 15,223,800,000
2011 16,636,100,000
2012 18,861,700,000
2013 20,513,500,000
2014 21,631,700,000
2015 22,663,100,000
2016 23,447,900,000
2017 24,791,420,000
2018 26,214,140,000
2019 27,529,460,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Kuwait was 85,630,030,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 85,630,030,000 in 2019 and 59,316,720,000 in 2010.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2010 59,316,720,000
2011 62,026,990,000
2012 68,447,340,000
2013 72,273,910,000
2014 74,179,210,000
2015 75,317,710,000
2016 76,035,020,000
2017 78,298,390,000
2018 82,100,250,000
2019 85,630,030,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Kuwait was 4.30 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 10.35 in 2012 and a minimum value of 0.95 in 2016.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2011 4.57
2012 10.35
2013 5.59
2014 2.64
2015 1.53
2016 0.95
2017 2.98
2018 4.86
2019 4.30

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Kuwait was 21,977,190,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 21,977,190,000 in 2019 and a minimum value of 15,223,800,000 in 2010.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2010 15,223,800,000
2011 15,919,400,000
2012 17,567,200,000
2013 18,549,300,000
2014 19,038,300,000
2015 19,330,500,000
2016 19,514,600,000
2017 20,095,500,000
2018 21,071,260,000
2019 21,977,190,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Kuwait was 66.58 as of 2019. Its highest value over the past 54 years was 169.23 in 1991, while its lowest value was 22.11 in 1974.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 39.65
1966 40.98
1967 47.59
1968 46.37
1969 46.31
1970 52.19
1971 42.94
1972 42.76
1973 40.73
1974 22.11
1975 32.82
1976 38.08
1977 48.11
1978 49.09
1979 37.20
1980 42.03
1981 52.35
1982 72.67
1983 65.44
1984 63.50
1985 70.22
1986 79.72
1987 67.04
1988 79.68
1989 76.67
1990 95.51
1991 169.23
1992 93.88
1993 79.33
1994 75.32
1995 74.85
1996 71.80
1997 73.10
1998 88.78
1999 78.94
2000 63.01
2001 69.93
2002 74.87
2003 65.74
2004 57.28
2005 47.86
2006 42.46
2007 44.45
2008 41.53
2009 51.98
2010 46.02
2011 39.12
2012 38.71
2013 41.53
2014 46.74
2015 65.74
2016 70.93
2017 67.72
2018 62.82
2019 66.58

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts