Kuwait - Household final consumption expenditure per capita

Household final consumption expenditure per capita (constant 2010 US$)

The latest value for Household final consumption expenditure per capita (constant 2010 US$) in Kuwait was 12,699 as of 2018. Over the past 8 years, the value for this indicator has fluctuated between 12,699 in 2018 and 12,168 in 2016.

Definition: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2010 prices and World Bank population estimates. Household final consumption expenditure 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 12,543
2011 12,181
2012 12,483
2013 12,438
2014 12,468
2015 12,411
2016 12,168
2017 12,290
2018 12,699

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts