Kuwait — Final consumption (% of GDP)
% of GDP · Annual · 1962–2024 · 63 observations
About this series
Final consumption expenditure is spending by households, nonprofit institutions serving households and government on goods and services for current use. It is a component of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
The final consumption reading for Kuwait was 62.3% of GDP in 2024. The previous reading was 62.9% of GDP in 2023; the period change was −0.63 percentage points. Relative to the selected 10-year average of 65% of GDP, the latest reading was below.
Get the full series
- Annual data, 1962–2024
- All 5 sources, downloadable
Latest observations
2012–2024
| Period | Value |
|---|---|
| 2024 | 62.3 % of GDP |
| 2023 | 62.9 % of GDP |
| 2022 | 53.5 % of GDP |
| 2021 | 64.1 % of GDP |
| 2020 | 75.9 % of GDP |
8 earlier values, back to 2012
| 2019 | 64.6 % of GDP |
| 2018 | 62.6 % of GDP |
| 2017 | 67.7 % of GDP |
| 2016 | 70.9 % of GDP |
| 2015 | 65.7 % of GDP |
| 2014 | 46.7 % of GDP |
| 2013 | 41.5 % of GDP |
| 2012 | 38.7 % of GDP |