🇰🇼 Kuwait General government final consumption expenditure
Kuwait General government final consumption expenditure was $40.68B in 2023, up 6.1% from 2022, according to World Bank data. The 10-year average is $33.06B. Historical data available from 1965 to 2023 (59 data points). The all-time high was $40.68B in 2023.
Source: World Bank World Development Indicators • 1965–2023 • 59 data points • Economy & Growth
Latest Value
$40.68B
2023
Year-on-Year
+6.1%
vs 2022
10-Year Average
$33.06B
2014–2023
Range
High: $40.68B (2023)
Low: $277.20M (1965)
Kuwait General government final consumption expenditure (current US$) — 1965 to 2023
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About this Indicator
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $40.68B |
| 2022 | $38.33B |
| 2021 | $37.67B |
| 2020 | $33.51B |
| 2019 | $34.37B |
| 2018 | $31.86B |
| 2017 | $29.47B |
| 2016 | $28.12B |
| 2015 | $27.72B |
| 2014 | $28.88B |
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<iframe src="https://nationstat.com/country/kuwait/general-government-final-consumption-expenditure-current-us" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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Related Indicators
Adjusted net national income (current US$)
129.2B
2019
Adjusted net national income (constant 2015 US$)
122.8B
2019
Adjusted net savings, excluding particulate emission damage (current US$)
19.8B
2019
Adjusted net national income per capita (current US$)
29.1K
2019
Adjusted net national income per capita (constant 2015 US$)
27.6K
2019