Kuwait - Gross national expenditure

Gross national expenditure (current US$)

The latest value for Gross national expenditure (current US$) in Kuwait was $124,751,000,000 as of 2019. Over the past 54 years, the value for this indicator has fluctuated between $124,751,000,000 in 2019 and $1,162,140,000 in 1965.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.

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

See also:

Year Value
1965 $1,162,140,000
1966 $1,402,968,000
1967 $1,683,002,000
1968 $1,713,806,000
1969 $1,811,817,000
1970 $1,848,222,000
1971 $2,030,048,000
1972 $2,317,422,000
1973 $2,717,127,000
1974 $3,756,139,000
1975 $5,475,862,000
1976 $7,172,709,000
1977 $10,096,300,000
1978 $10,746,640,000
1979 $12,582,490,000
1980 $16,022,940,000
1981 $17,284,430,000
1982 $21,116,010,000
1983 $18,828,990,000
1984 $18,340,320,000
1985 $19,098,900,000
1986 $18,230,630,000
1987 $18,917,580,000
1988 $19,735,520,000
1989 $21,629,340,000
1990 $20,847,920,000
1991 $23,238,480,000
1992 $23,084,190,000
1993 $23,108,280,000
1994 $22,728,960,000
1995 $24,366,290,000
1996 $27,368,070,000
1997 $26,329,380,000
1998 $27,816,930,000
1999 $28,165,900,000
2000 $27,784,550,000
2001 $29,387,020,000
2002 $35,083,910,000
2003 $39,436,910,000
2004 $44,854,770,000
2005 $51,945,550,000
2006 $59,529,630,000
2007 $74,403,940,000
2008 $87,205,360,000
2009 $74,114,660,000
2010 $73,500,000,000
2011 $81,143,480,000
2012 $89,729,190,000
2013 $97,327,220,000
2014 $102,500,000,000
2015 $104,450,000,000
2016 $110,397,000,000
2017 $115,212,000,000
2018 $121,773,000,000
2019 $124,751,000,000

Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Kuwait was 37,874,370,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 37,874,370,000 in 2019 and a minimum value of 415,000,000 in 1965.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1965 415,000,000
1966 501,000,000
1967 601,000,000
1968 612,000,000
1969 647,000,000
1970 660,000,000
1971 722,900,000
1972 762,200,000
1973 805,900,000
1974 1,101,300,000
1975 1,588,000,000
1976 2,097,300,000
1977 2,893,600,000
1978 2,956,400,000
1979 3,477,800,000
1980 4,331,000,000
1981 4,818,900,000
1982 6,079,300,000
1983 5,488,650,000
1984 5,430,570,000
1985 5,744,950,000
1986 5,297,820,000
1987 5,272,330,000
1988 5,506,210,000
1989 6,354,700,000
1990 6,004,200,000
1991 6,606,700,000
1992 6,772,900,000
1993 6,978,700,000
1994 6,750,500,000
1995 7,270,900,000
1996 8,194,000,000
1997 7,985,700,000
1998 8,478,600,000
1999 8,573,700,000
2000 8,524,300,000
2001 9,013,000,000
2002 10,662,000,000
2003 11,752,200,000
2004 13,218,700,000
2005 15,168,100,000
2006 17,275,500,000
2007 21,145,600,000
2008 23,440,800,000
2009 21,330,200,000
2010 21,065,100,000
2011 22,395,600,000
2012 25,115,200,000
2013 27,602,000,000
2014 29,171,600,000
2015 31,429,000,000
2016 33,351,000,000
2017 34,943,840,000
2018 36,775,300,000
2019 37,874,370,000

Gross national expenditure (constant 2010 US$)

The latest value for Gross national expenditure (constant 2010 US$) in Kuwait was 118,788,000,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 118,788,000,000 in 2019 and 80,892,770,000 in 2010.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). 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 80,892,770,000
2011 83,096,270,000
2012 90,597,390,000
2013 96,402,690,000
2014 99,405,380,000
2015 104,450,000,000
2016 108,533,000,000
2017 111,214,000,000
2018 116,128,000,000
2019 118,788,000,000

Gross national expenditure (constant LCU)

The value for Gross national expenditure (constant LCU) in Kuwait was 30,954,020,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 30,954,020,000 in 2019 and a minimum value of 21,065,100,000 in 2010.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.

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

Year Value
2010 21,065,100,000
2011 21,623,500,000
2012 23,563,900,000
2013 25,081,700,000
2014 25,867,800,000
2015 27,217,500,000
2016 28,312,900,000
2017 29,006,700,000
2018 30,283,650,000
2019 30,954,020,000

Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Kuwait was 91.60 as of 2019. Its highest value over the past 54 years was 211.09 in 1991, while its lowest value was 28.88 in 1974.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

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

See also:

Year Value
1965 55.41
1966 58.67
1967 68.92
1968 64.35
1969 65.42
1970 64.31
1971 52.32
1972 52.06
1973 50.24
1974 28.88
1975 45.54
1976 54.62
1977 71.42
1978 69.33
1979 50.85
1980 55.95
1981 68.98
1982 97.86
1983 90.22
1984 84.53
1985 89.07
1986 101.83
1987 84.58
1988 95.38
1989 88.97
1990 113.13
1991 211.09
1992 116.24
1993 96.52
1994 91.47
1995 89.61
1996 86.90
1997 86.74
1998 107.24
1999 93.50
2000 73.67
2001 84.23
2002 91.99
2003 82.37
2004 75.46
2005 64.29
2006 58.62
2007 64.90
2008 59.16
2009 69.94
2010 63.68
2011 52.67
2012 51.55
2013 55.88
2014 63.03
2015 91.17
2016 100.89
2017 95.45
2018 88.12
2019 91.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts