Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Kuwait

Household consumption (% of GDP) in Kuwait in 2024 — 41.6%. Ranked 155 in the world out of 168. Since 1965, the indicator has risen by 15.1 pp.

2024 41.6% +3.3 pp vs 2023
World rank 155of 168
Period maximum 93%1991
Period minimum 14.8%1974

Trend over time

1965–2024 · % of GDP

Household consumption (% of GDP) — Kuwait, 1965–20240255075100196519711977198319891995200120072013201920241965: 26.4%1966: 27.2%1967: 32.1%1968: 31.2%1969: 30.9%1970: 38.6%1971: 30.4%1972: 29.2%1973: 27.3%1974: 14.8%1975: 21.8%1976: 26.8%1977: 33.6%1978: 34.7%1979: 26%1980: 30.9%1981: 38.1%1982: 53.4%1983: 44.3%1984: 42.6%1985: 47.8%1986: 52.7%1987: 45%1988: 53.4%1989: 51.3%1990: 56.8%1991: 93%1992: 38.3%1993: 43.5%1994: 41.4%1995: 42.7%1996: 44.5%1997: 46.5%1998: 58.3%1999: 52.1%2000: 41.5%2001: 46.3%2002: 49.6%2003: 42.7%2004: 37.4%2005: 32.2%2006: 28.6%2007: 30.4%2008: 28.1%2009: 33.5%2010: 28.9%2011: 24.3%2012: 23.7%2013: 25.1%2014: 29%2015: 41.5%2016: 45.2%2017: 43.3%2018: 39.6%2019: 40.2%2020: 45.8%2021: 38.7%2022: 32.6%2023: 38.3%2024: 41.6%
Change over the period: +15.1 pp Annual average: 0.26 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kuwait

Kuwait 41.6%
World 56.6%
Western Asia computed 49.7%
High-income countries computed 58.9%
Household consumption (% of GDP) — Kuwait, by year Kuwait All countries CSV XLSX
Year % Change, pp
2024 41.6 +3.3 pp
2023 38.3 +5.7 pp
2022 32.6 −6.1 pp
2021 38.7 −7.1 pp
2020 45.8 +5.6 pp
2019 40.2 +0.5 pp
2018 39.6 −3.7 pp
2017 43.3 −1.9 pp
2016 45.2 +3.7 pp
2015 41.5 +12.6 pp
2014 29 +3.8 pp
2013 25.1 +1.5 pp
2012 23.7 −0.6 pp
2011 24.3 −4.6 pp
2010 28.9 −4.6 pp
2009 33.5 +5.4 pp
2008 28.1 −2.3 pp
2007 30.4 +1.9 pp
2006 28.6 −3.6 pp
2005 32.2 −5.3 pp
2004 37.4 −5.3 pp
2003 42.7 −6.8 pp
2002 49.6 +3.3 pp
2001 46.3 +4.8 pp
2000 41.5 −10.6 pp
1999 52.1 −6.2 pp
1998 58.3 +11.8 pp
1997 46.5 +1.9 pp
1996 44.5 +1.9 pp
1995 42.7 +1.3 pp
1994 41.4 −2.1 pp
1993 43.5 +5.1 pp
1992 38.3 −54.7 pp
1991 93 +36.3 pp
1990 56.8 +5.5 pp
1989 51.3 −2.1 pp
1988 53.4 +8.4 pp
1987 45 −7.7 pp
1986 52.7 +4.9 pp
1985 47.8 +5.2 pp
1984 42.6 −1.7 pp
1983 44.3 −9.1 pp
1982 53.4 +15.3 pp
1981 38.1 +7.3 pp
1980 30.9 +4.8 pp
1979 26 −8.6 pp
1978 34.7 +1 pp
1977 33.6 +6.8 pp
1976 26.8 +5.1 pp
1975 21.8 +7 pp
1974 14.8 −12.6 pp
1973 27.3 −1.8 pp
1972 29.2 −1.2 pp
1971 30.4 −8.2 pp
1970 38.6 +7.7 pp
1969 30.9 −0.3 pp
1968 31.2 −0.9 pp
1967 32.1 +4.9 pp
1966 27.2 +0.7 pp
1965 26.4

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.