Kuwait - Household final consumption expenditure

Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Kuwait was $56,325,540,000 as of 2019. Over the past 54 years, the value for this indicator has fluctuated between $56,325,540,000 in 2019 and $554,466,600 in 1965.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
1965 $554,466,600
1966 $649,678,000
1967 $784,094,100
1968 $831,699,800
1969 $856,902,800
1970 $1,109,773,000
1971 $1,179,444,000
1972 $1,299,483,000
1973 $1,479,096,000
1974 $1,922,920,000
1975 $2,616,552,000
1976 $3,521,888,000
1977 $4,754,711,000
1978 $5,371,138,000
1979 $6,441,028,000
1980 $8,836,478,000
1981 $9,554,877,000
1982 $11,521,360,000
1983 $9,240,481,000
1984 $9,235,698,000
1985 $10,252,530,000
1986 $9,443,531,000
1987 $10,064,800,000
1988 $11,051,250,000
1989 $12,464,600,000
1990 $10,459,370,000
1991 $10,239,540,000
1992 $7,611,793,000
1993 $10,405,960,000
1994 $10,286,200,000
1995 $11,598,530,000
1996 $14,025,720,000
1997 $14,106,820,000
1998 $15,118,440,000
1999 $15,688,900,000
2000 $15,662,000,000
2001 $16,152,270,000
2002 $18,912,140,000
2003 $20,463,090,000
2004 $22,243,300,000
2005 $25,979,110,000
2006 $29,012,400,000
2007 $34,896,550,000
2008 $41,473,590,000
2009 $35,496,530,000
2010 $33,346,820,000
2011 $37,353,260,000
2012 $41,172,920,000
2013 $43,793,020,000
2014 $47,131,410,000
2015 $47,601,860,000
2016 $49,489,240,000
2017 $52,260,660,000
2018 $54,944,720,000
2019 $56,325,540,000

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Kuwait was 17,100,430,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 17,100,430,000 in 2019 and a minimum value of 198,000,000 in 1965.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency.

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

Year Value
1965 198,000,000
1966 232,000,000
1967 280,000,000
1968 297,000,000
1969 306,000,000
1970 396,300,000
1971 420,000,000
1972 427,400,000
1973 438,700,000
1974 563,800,000
1975 758,800,000
1976 1,029,800,000
1977 1,362,700,000
1978 1,477,600,000
1979 1,780,300,000
1980 2,388,500,000
1981 2,663,900,000
1982 3,317,000,000
1983 2,693,600,000
1984 2,734,690,000
1985 3,083,960,000
1986 2,744,290,000
1987 2,805,060,000
1988 3,083,300,000
1989 3,662,100,000
1990 3,012,300,000
1991 2,911,100,000
1992 2,233,300,000
1993 3,142,600,000
1994 3,055,000,000
1995 3,461,000,000
1996 4,199,300,000
1997 4,278,600,000
1998 4,608,100,000
1999 4,775,700,000
2000 4,805,100,000
2001 4,953,900,000
2002 5,747,400,000
2003 6,098,000,000
2004 6,555,100,000
2005 7,585,900,000
2006 8,419,400,000
2007 9,917,600,000
2008 11,148,100,000
2009 10,215,900,000
2010 9,557,200,000
2011 10,309,500,000
2012 11,524,300,000
2013 12,419,700,000
2014 13,413,600,000
2015 14,323,400,000
2016 14,950,700,000
2017 15,850,660,000
2018 16,593,310,000
2019 17,100,430,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Kuwait was 53,044,830,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 53,044,830,000 in 2019 and 37,526,750,000 in 2010.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. 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 37,526,750,000
2011 38,589,660,000
2012 41,802,360,000
2013 43,862,610,000
2014 46,019,860,000
2015 47,601,860,000
2016 48,146,470,000
2017 49,850,590,000
2018 51,861,800,000
2019 53,044,830,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Kuwait was 2.28 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 8.33 in 2012 and a minimum value of 1.14 in 2016.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.

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

See also:

Year Value
2011 2.83
2012 8.33
2013 4.93
2014 4.92
2015 3.44
2016 1.14
2017 3.54
2018 4.03
2019 2.28

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Kuwait was 13,509,300,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 13,509,300,000 in 2019 and a minimum value of 9,557,200,000 in 2010.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

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

Year Value
2010 9,557,200,000
2011 9,827,900,000
2012 10,646,100,000
2013 11,170,800,000
2014 11,720,200,000
2015 12,123,100,000
2016 12,261,800,000
2017 12,695,800,000
2018 13,208,010,000
2019 13,509,300,000

Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Kuwait was 93,622,020,000 as of 2019. Over the past 27 years, the value for this indicator has fluctuated between 93,622,020,000 in 2019 and 13,562,890,000 in 1992.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1992 13,562,890,000
1993 19,573,540,000
1994 19,041,480,000
1995 21,596,970,000
1996 26,046,440,000
1997 26,974,660,000
1998 29,464,780,000
1999 30,298,410,000
2000 30,953,200,000
2001 32,392,510,000
2002 37,840,890,000
2003 40,669,690,000
2004 44,335,130,000
2005 50,937,300,000
2006 56,626,700,000
2007 65,038,690,000
2008 68,649,870,000
2009 59,923,490,000
2010 54,527,390,000
2011 57,875,540,000
2012 63,240,950,000
2013 65,123,290,000
2014 70,542,440,000
2015 73,425,460,000
2016 78,584,820,000
2017 84,568,050,000
2018 90,202,810,000
2019 93,622,020,000

Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Kuwait was 89,986,850,000 as of 2019. Over the past 9 years, the value for this indicator has fluctuated between 89,986,850,000 in 2019 and 63,661,500,000 in 2010.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2010 63,661,500,000
2011 65,464,660,000
2012 70,914,780,000
2013 74,409,860,000
2014 78,069,470,000
2015 80,753,230,000
2016 81,677,120,000
2017 84,568,050,000
2018 87,979,930,000
2019 89,986,850,000

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Kuwait was 41.36 as of 2019. Its highest value over the past 54 years was 93.01 in 1991, while its lowest value was 14.79 in 1974.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also 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 26.44
1966 27.17
1967 32.11
1968 31.23
1969 30.94
1970 38.61
1971 30.40
1972 29.19
1973 27.35
1974 14.79
1975 21.76
1976 26.82
1977 33.64
1978 34.65
1979 26.03
1980 30.86
1981 38.13
1982 53.39
1983 44.28
1984 42.57
1985 47.81
1986 52.75
1987 45.00
1988 53.41
1989 51.27
1990 56.76
1991 93.01
1992 38.33
1993 43.46
1994 41.40
1995 42.66
1996 44.54
1997 46.47
1998 58.28
1999 52.08
2000 41.53
2001 46.30
2002 49.59
2003 42.74
2004 37.42
2005 32.15
2006 28.57
2007 30.44
2008 28.14
2009 33.50
2010 28.89
2011 24.24
2012 23.65
2013 25.15
2014 28.98
2015 41.55
2016 45.23
2017 43.30
2018 39.76
2019 41.36

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts