Kuwait Oil Consumption

1965 - 2024 | Yearly | Barrel/Day th | BP PLC

Key information about Kuwait Oil Consumption

  • Kuwait Oil Consumption was reported at 519.165 Barrel/Day th in Dec 2024
  • This records an increase from the previous number of 495.882 Barrel/Day th for Dec 2023
  • Kuwait Oil Consumption data is updated yearly, averaging 104.600 Barrel/Day th from Dec 1965 to 2024, with 60 observations
  • The data reached an all-time high of 519.165 Barrel/Day th in 2024 and a record low of 66.022 Barrel/Day th in 1975
  • Kuwait Oil Consumption data remains active status in CEIC and is reported by BP PLC
  • The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

View Kuwait's Oil Consumption from 1965 to 2024 in the chart:

Kuwait Oil Consumption

What was Kuwait's Oil Consumption in 2024?

Kuwait Oil Consumption was reported at 519.165 Barrel/Day th in Dec 2024 See the table below for more data.

Last Previous Min Max Unit Frequency Range
519.165 2024 495.882 2023 66.022 1975 519.165 2024 Barrel/Day th yearly 1965 - 2024

Oil Consumption by Country Comparison

country/region Last Frequency Range
Algeria (Barrel/Day th) 461.429 2024 yearly 1965 - 2024
Argentina (Barrel/Day th) 604.335 2024 yearly 1965 - 2024
Australia (Barrel/Day th) 1,087.010 2024 yearly 1965 - 2024
Austria (Barrel/Day th) 228.164 2024 yearly 1965 - 2024
Azerbaijan (Barrel/Day th) 128.187 2024 yearly 1985 - 2024
Bangladesh (Barrel/Day th) 264.439 2024 yearly 1971 - 2024
Belarus (Barrel/Day th) 161.888 2024 yearly 1985 - 2024
Belgium (Barrel/Day th) 576.960 2024 yearly 1965 - 2024
Brazil (Barrel/Day th) 2,575.230 2024 yearly 1965 - 2024
Bulgaria (Barrel/Day th) 108.621 2024 yearly 1965 - 2024
Canada (Barrel/Day th) 2,333.199 2024 yearly 1965 - 2024
Chile (Barrel/Day th) 428.135 2024 yearly 1965 - 2024
China (Barrel/Day th) 16,373.508 2024 yearly 1965 - 2024
Colombia (Barrel/Day th) 449.047 2024 yearly 1965 - 2024
Croatia (Barrel/Day th) 81.166 2024 yearly 1990 - 2024
Cyprus (Barrel/Day th) 49.204 2024 yearly 1965 - 2024
Czech Republic (Barrel/Day th) 199.524 2024 yearly 1965 - 2024
Denmark (Barrel/Day th) 157.093 2024 yearly 1965 - 2024
Ecuador (Barrel/Day th) 290.275 2024 yearly 1965 - 2024
Egypt (Barrel/Day th) 781.742 2024 yearly 1965 - 2024
Estonia (Barrel/Day th) 25.931 2024 yearly 1985 - 2024
Finland (Barrel/Day th) 157.129 2024 yearly 1965 - 2024
France (Barrel/Day th) 1,359.665 2024 yearly 1965 - 2024
Germany (Barrel/Day th) 2,051.450 2024 yearly 1965 - 2024
Greece (Barrel/Day th) 298.340 2024 yearly 1965 - 2024
Hong Kong SAR, China (Barrel/Day th) 304.563 2024 yearly 1965 - 2024
Hungary (Barrel/Day th) 170.580 2024 yearly 1965 - 2024
Iceland (Barrel/Day th) 19.590 2024 yearly 1965 - 2024
India (Barrel/Day th) 5,620.537 2024 yearly 1965 - 2024
Indonesia (Barrel/Day th) 1,633.197 2024 yearly 1965 - 2024
Iran (Barrel/Day th) 1,953.251 2024 yearly 1965 - 2024
Iraq (Barrel/Day th) 924.799 2024 yearly 1965 - 2024
Ireland (Barrel/Day th) 148.713 2024 yearly 1965 - 2024
Israel (Barrel/Day th) 206.941 2024 yearly 1965 - 2024
Italy (Barrel/Day th) 1,262.476 2024 yearly 1965 - 2024
Japan (Barrel/Day th) 3,237.857 2024 yearly 1965 - 2024
Kazakhstan (Barrel/Day th) 346.257 2024 yearly 1985 - 2024
South Korea (Barrel/Day th) 2,891.488 2024 yearly 1965 - 2024
Kuwait (Barrel/Day th) 519.165 2024 yearly 1965 - 2024
Latvia (Barrel/Day th) 32.427 2024 yearly 1985 - 2024
Lithuania (Barrel/Day th) 64.087 2024 yearly 1985 - 2024
Luxembourg (Barrel/Day th) 48.152 2024 yearly 1965 - 2024
North Macedonia (Barrel/Day th) 24.487 2024 yearly 1990 - 2024
Malaysia (Barrel/Day th) 934.378 2024 yearly 1965 - 2024
Mexico (Barrel/Day th) 1,853.303 2024 yearly 1965 - 2024
Morocco (Barrel/Day th) 315.808 2024 yearly 1965 - 2024
Netherlands (Barrel/Day th) 784.681 2024 yearly 1965 - 2024
New Zealand (Barrel/Day th) 158.146 2024 yearly 1965 - 2024
Norway (Barrel/Day th) 222.179 2024 yearly 1965 - 2024
Oman (Barrel/Day th) 217.435 2024 yearly 1965 - 2024
Pakistan (Barrel/Day th) 423.803 2024 yearly 1965 - 2024
Peru (Barrel/Day th) 279.589 2024 yearly 1965 - 2024
Philippines (Barrel/Day th) 486.641 2024 yearly 1965 - 2024
Poland (Barrel/Day th) 704.662 2024 yearly 1965 - 2024
Portugal (Barrel/Day th) 213.117 2024 yearly 1965 - 2024
Qatar (Barrel/Day th) 397.280 2024 yearly 1965 - 2024
Romania (Barrel/Day th) 242.204 2024 yearly 1965 - 2024
Russia (Barrel/Day th) 3,846.333 2024 yearly 1985 - 2024
Saudi Arabia (Barrel/Day th) 3,958.601 2024 yearly 1965 - 2024
Singapore (Barrel/Day th) 1,491.949 2024 yearly 1965 - 2024
Slovakia (Barrel/Day th) 85.275 2024 yearly 1965 - 2024
Slovenia (Barrel/Day th) 45.177 2024 yearly 1990 - 2024
South Africa (Barrel/Day th) 466.576 2024 yearly 1965 - 2024
Spain (Barrel/Day th) 1,269.900 2024 yearly 1965 - 2024
Sri Lanka (Barrel/Day th) 115.513 2024 yearly 1965 - 2024
Sweden (Barrel/Day th) 248.680 2024 yearly 1965 - 2024
Switzerland (Barrel/Day th) 188.016 2024 yearly 1965 - 2024
Taiwan (Barrel/Day th) 823.928 2024 yearly 1965 - 2024
Thailand (Barrel/Day th) 1,252.798 2024 yearly 1965 - 2024
Trinidad and Tobago (Barrel/Day th) 33.237 2024 yearly 1965 - 2024
Turkey (Barrel/Day th) 1,162.458 2024 yearly 1965 - 2024
Turkmenistan (Barrel/Day th) 162.412 2024 yearly 1985 - 2024
Ukraine (Barrel/Day th) 205.977 2024 yearly 1985 - 2024
United Arab Emirates (Barrel/Day th) 1,183.303 2024 yearly 1965 - 2024
United Kingdom (Barrel/Day th) 1,325.100 2024 yearly 1965 - 2024
United States (Barrel/Day th) 18,995.005 2024 yearly 1965 - 2024
Uzbekistan (Barrel/Day th) 137.304 2024 yearly 1985 - 2024
Venezuela (Barrel/Day th) 325.104 2024 yearly 1965 - 2024
Vietnam (Barrel/Day th) 706.872 2024 yearly 1965 - 2024

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Kuwait Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.1 2024 yearly 1988 - 2024
Consolidated Fiscal Balance (USD mn) -3,440.015 2024 yearly 1988 - 2024
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.2 2024 yearly 1986 - 2024
National Government Debt (USD mn) 6,711.4 Oct 2025 monthly Dec 1993 - Oct 2025
Government Debt: % of GDP (%) 1.1 Jun 2025 quarterly Dec 2010 - Jun 2025
Forecast: Government Expenditure (KWD bn) 29.719 2030 yearly 1985 - 2030
Forecast: Government Net Debt (KWD bn) 14.274 2030 yearly 1991 - 2030
Forecast: Government Revenue (KWD bn) 44.112 2030 yearly 1985 - 2030
Government Fiscal Balance: ytd (KWD mn) -1,561.505 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 550.910 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 336.796 Sep 2024 monthly Apr 2018 - Sep 2024
Government Revenue: ytd (KWD mn) 23,644.325 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd (KWD mn) 9,966.991 Sep 2024 monthly Apr 2018 - Sep 2024
Government Revenue: ytd: Non Oil (KWD mn) 2,116.770 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd: Current (KWD mn) 9,630.195 Sep 2024 monthly Apr 2018 - Sep 2024
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -1,561.505 2024 yearly 1989 - 2024
Public Debt (KWD mn) 50.000 Jan 2025 monthly Dec 1993 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 2,272.5 Jun 2025 monthly Jan 1993 - Jun 2025
Total Exports (USD mn) 5,364.9 Jun 2025 monthly Jan 1993 - Jun 2025
Total Exports Growth (%) -16.7 Jun 2025 monthly Jan 1994 - Jun 2025
Aluminum: Exports (USD th) 50,049.855 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 347,503.397 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 4,176.130 2024 yearly 1995 - 2024
Total Imports (USD mn) 3,092.5 Jun 2025 monthly Jan 1992 - Jun 2025
Total Imports Growth (%) 6.6 Jun 2025 monthly Jan 1993 - Jun 2025
Imports: Medicament (USD th) 1,308,449.500 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 650,043.407 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 2.735 Jul 2025 monthly Sep 1991 - Jul 2025
Total Imports from USA (USD mn) 295.319 Jun 2025 monthly Jan 2017 - Jun 2025
Total Exports to China (USD mn) 52.486 Jun 2025 monthly Jan 2017 - Jun 2025
Total Imports from China (USD mn) 638.906 Jun 2025 monthly Jan 2017 - Jun 2025
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: FOB: Growth Rate: YoY (%) -18.295 Nov 2024 monthly Apr 2020 - Nov 2024
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Export Value Index (2015=100) 116.639 2021 yearly 1980 - 2021
Import Value Index (2015=100) 102.988 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,137.8 Jun 2025 quarterly Mar 2012 - Jun 2025
Current Account Balance (USD mn) 8,094.0 Jun 2025 quarterly Mar 2012 - Jun 2025
Current Account Balance: % of GDP (%) 21.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Direct Investment (USD mn) 172.9 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Direct Investment: % of GDP (%) 0.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment (USD mn) 1,084.720 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.9 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 8.8 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 1,075.914 Jun 2025 quarterly Mar 2012 - Jun 2025
External Debt (USD mn) 72,069.1 Jun 2025 quarterly Mar 2018 - Jun 2025
External Debt: % of GDP (%) 41.5 2024 yearly 2014 - 2024
Forecast: Current Account Balance (USD bn) 26.022 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 116,734.177 2024 yearly 2001 - 2024
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Net Errors and Omissions (KWD mn) 493.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Liabilities (KWD mn) 40.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Assets (KWD mn) -36.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Sep 2025 quarterly Mar 2011 - Sep 2025
Household Debt: % of GDP (%) 0.9 Jun 2025 quarterly Dec 2010 - Jun 2025
Money Supply M1 (USD mn) 34,579.146 Oct 2025 monthly Jan 1994 - Oct 2025
Money Supply M2 (USD mn) 137,467.671 Oct 2025 monthly Jan 1994 - Oct 2025
M2 Growth (%) 3.5 Oct 2025 monthly Jan 1995 - Oct 2025
Foreign Exchange Reserves (USD mn) 37,261.2 Sep 2025 monthly Jan 1964 - Sep 2025
Foreign Exchange Reserves: % of GDP (%) 26.539 Jun 2025 quarterly Dec 2010 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 11.8 Jun 2025 quarterly Mar 1973 - Jun 2025
Gold Reserves (USD mn) 103.781 Oct 2025 monthly Dec 1961 - Oct 2025
Total Deposits (USD mn) 189,078.409 Oct 2025 monthly Jan 1994 - Oct 2025
Total Deposits Growth (%) 8.2 Oct 2025 monthly Jan 1995 - Oct 2025
Domestic Credit (USD mn) 154,670.8 Oct 2025 monthly Jan 1994 - Oct 2025
Domestic Credit Growth (%) 16.7 Oct 2025 monthly Jan 1995 - Oct 2025
Household Debt (USD mn) 1,660.2 Oct 2025 monthly Jan 2002 - Oct 2025
Total Loans (USD mn) 173,948.600 Oct 2025 monthly Jan 1994 - Oct 2025
Total Loans Growth (%) 8.30 Oct 2025 monthly Jan 1995 - Oct 2025
Private Debt: % of Nominal GDP (%) 103.67 Jun 2025 quarterly Dec 2010 - Jun 2025
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 10,421.800 Jan 2025 monthly Jan 1994 - Jan 2025
Money Supply: M3 (KWD mn) 40,707.200 Jan 2025 monthly Jan 1994 - Jan 2025
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,633.400 Jan 2025 monthly Jan 1994 - Jan 2025
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 40,707.200 Jan 2025 monthly Jan 1994 - Jan 2025
Local Banks Time Deposits (KWD mn) 66,591.400 Jan 2025 monthly Jan 1994 - Jan 2025

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