Household consumption — all countries

Household consumption — Kuwait

Household consumption in Kuwait in 2024 — 66,908,781,891 US$. Ranked 66 in the world out of 167. Since 1965, the indicator has risen by 11,968.7%.

2024 66.91B US$ +5.63% vs 2023
World rank 66of 167
Period maximum 66.91B US$2024
Period minimum 554M US$1965

Trend over time

1965–2024 · US$

Household consumption — Kuwait, 1965–2024020B40B60B80B196519711977198319891995200120072013201920241965: 554,399,778 US$1966: 649,599,740 US$1967: 783,999,686 US$1968: 831,599,667 US$1969: 856,799,657 US$1970: 1,109,639,556 US$1971: 1,179,450,601 US$1972: 1,299,289,556 US$1973: 1,479,236,071 US$1974: 1,923,240,924 US$1975: 2,616,263,033 US$1976: 3,522,044,414 US$1977: 4,755,274,527 US$1978: 5,372,055,567 US$1979: 6,441,819,905 US$1980: 8,836,576,063 US$1981: 9,555,391,789 US$1982: 11,520,921,049 US$1983: 9,241,209,426 US$1984: 9,236,882,815 US$1985: 10,254,129,136 US$1986: 9,443,693,112 US$1987: 10,066,137,593 US$1988: 11,050,106,261 US$1989: 12,465,492,768 US$1990: 10,459,375,000 US$1991: 10,240,651,988 US$1992: 7,611,792,774 US$1993: 10,405,959,934 US$1994: 10,286,195,623 US$1995: 11,596,660,055 US$1996: 14,025,296,501 US$1997: 14,104,546,249 US$1998: 15,120,621,087 US$1999: 15,688,123,121 US$2000: 15,664,445,546 US$2001: 16,153,214,078 US$2002: 18,911,270,952 US$2003: 20,462,263,265 US$2004: 22,243,298,269 US$2005: 25,979,109,589 US$2006: 29,014,804,808 US$2007: 34,894,832,767 US$2008: 41,469,266,594 US$2009: 35,498,375,523 US$2010: 33,346,010,391 US$2011: 37,356,099,558 US$2012: 41,167,775,492 US$2013: 43,794,874,978 US$2014: 47,136,861,969 US$2015: 47,609,508,330 US$2016: 49,483,025,250 US$2017: 52,252,040,218 US$2018: 54,952,726,556 US$2019: 56,574,340,521 US$2020: 50,810,330,696 US$2021: 57,396,933,544 US$2022: 59,790,958,433 US$2023: 63,343,944,887 US$2024: 66,908,781,891 US$
Change over the period: +66.35B (+11,968.69%) Average annual rate: 8.46 %

Comparison, 2024

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

Kuwait 66.91B US$
World 63.19T US$
Western Asia computed 1.97T US$
High-income countries computed 41.36T US$
Household consumption — Kuwait, by year Kuwait All countries CSV XLSX
Year US$ Change Change, %
2024 66.91B +3.56B +5.63%
2023 63.34B +3.55B +5.94%
2022 59.79B +2.39B +4.17%
2021 57.4B +6.59B +12.96%
2020 50.81B −5.76B −10.19%
2019 56.57B +1.62B +2.95%
2018 54.95B +2.7B +5.17%
2017 52.25B +2.77B +5.6%
2016 49.48B +1.87B +3.94%
2015 47.61B +473M +1%
2014 47.14B +3.34B +7.63%
2013 43.79B +2.63B +6.38%
2012 41.17B +3.81B +10.2%
2011 37.36B +4.01B +12.03%
2010 33.35B −2.15B −6.06%
2009 35.5B −5.97B −14.4%
2008 41.47B +6.57B +18.84%
2007 34.89B +5.88B +20.27%
2006 29.01B +3.04B +11.69%
2005 25.98B +3.74B +16.8%
2004 22.24B +1.78B +8.7%
2003 20.46B +1.55B +8.2%
2002 18.91B +2.76B +17.07%
2001 16.15B +489M +3.12%
2000 15.66B −23.68M −0.15%
1999 15.69B +568M +3.75%
1998 15.12B +1.02B +7.2%
1997 14.1B +79.25M +0.57%
1996 14.03B +2.43B +20.94%
1995 11.6B +1.31B +12.74%
1994 10.29B −120M −1.15%
1993 10.41B +2.79B +36.71%
1992 7.61B −2.63B −25.67%
1991 10.24B −219M −2.09%
1990 10.46B −2.01B −16.09%
1989 12.47B +1.42B +12.81%
1988 11.05B +984M +9.78%
1987 10.07B +622M +6.59%
1986 9.44B −810M −7.9%
1985 10.25B +1.02B +11.01%
1984 9.24B −4.33M −0.05%
1983 9.24B −2.28B −19.79%
1982 11.52B +1.97B +20.57%
1981 9.56B +719M +8.13%
1980 8.84B +2.39B +37.18%
1979 6.44B +1.07B +19.91%
1978 5.37B +617M +12.97%
1977 4.76B +1.23B +35.01%
1976 3.52B +906M +34.62%
1975 2.62B +693M +36.03%
1974 1.92B +444M +30.02%
1973 1.48B +180M +13.85%
1972 1.3B +120M +10.16%
1971 1.18B +69.81M +6.29%
1970 1.11B +253M +29.51%
1969 857M +25.2M +3.03%
1968 832M +47.6M +6.07%
1967 784M +134M +20.69%
1966 650M +95.2M +17.17%
1965 554M

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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