Kuwait Private Consumption: % of GDP

1962 - 2019 | Yearly | % | CEIC Data

Key information about Kuwait Private Consumption: % of GDP

  • Kuwait Private Consumption accounted for 41.4 % of its Nominal GDP in Dec 2019, compared with a ratio of 39.8 % in the previous year.
  • Kuwait Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1962 to Dec 2019, with an average share of 37.4 %.
  • The data reached an all-time high of 93.3 % in Dec 1991 and a record low of 14.8 % in Dec 1974.

CEIC calculates Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. Central Statistical Bureau provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Kuwait Private Consumption: % of GDP

  • In the latest reports, Kuwait GDP expanded 4.7 % YoY in Dec 2020.
  • Its Nominal GDP reached 28.0 USD bn in Dec 2020.
  • Kuwait GDP Per Capita reached 22,682.6 USD in Dec 2020.
  • Its Gross Savings Rate was measured at 31.1 % in Dec 2019.

View Kuwait's Private Consumption: % of GDP from 1962 to 2019 in the chart:

Kuwait Private Consumption: % of GDP

What was Kuwait's Private Consumption: % of GDP in 2019?

Kuwait Private Consumption accounted for 41.4 % of its Nominal GDP in Dec 2019, compared with a ratio of 39.8 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
41.4 2019 39.8 2018 14.8 1974 93.3 1991 % yearly 1962 - 2019

Private Consumption: % of GDP by Country Comparison

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Includes Private Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 78.7 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (%) 48.0 2020 yearly 1950 - 2020
Argentina (%) 67.4 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (%) 82.8 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (%) 50.3 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (%) 49.8 Mar 2022 quarterly Mar 1988 - Mar 2022
Azerbaijan (%) 44.3 Dec 2021 quarterly Mar 2001 - Dec 2021
Bahrain (%) 42.0 2020 yearly 1975 - 2020
Bangladesh (%) 72.8 2022 yearly 1973 - 2022
Belarus (%) 50.2 Dec 2021 quarterly Mar 1994 - Dec 2021
Belgium (%) 47.7 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (%) 77.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (%) 70.3 Mar 2022 quarterly Mar 2008 - Mar 2022
Botswana (%) 45.8 Mar 2022 quarterly Mar 2006 - Mar 2022
Brazil (%) 62.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Brunei (%) 23.3 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (%) 62.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (%) 69.4 2019 yearly 1993 - 2019
Canada (%) 53.1 Mar 2022 quarterly Mar 1961 - Mar 2022
Chile (%) 61.7 Mar 2022 quarterly Mar 1996 - Mar 2022
China (%) 38.5 2021 yearly 1952 - 2021
Colombia (%) 65.3 Mar 2022 quarterly Mar 2005 - Mar 2022
Croatia (%) 61.5 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (%) 63.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (%) 47.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (%) 44.0 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (%) 60.7 Mar 2022 quarterly Mar 1991 - Mar 2022
Egypt (%) 84.9 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (%) 49.3 Mar 2022 quarterly Mar 1993 - Mar 2022
European Union (%) 52.1 Mar 2022 quarterly Mar 1995 - Mar 2022
Finland (%) 49.7 Mar 2022 quarterly Mar 1975 - Mar 2022
France (%) 53.0 Jun 2022 quarterly Mar 1980 - Jun 2022
Georgia (%) 81.5 Dec 2021 quarterly Mar 1996 - Dec 2021
Germany (%) 49.0 Mar 2022 quarterly Mar 1991 - Mar 2022
Ghana (%) 69.6 2021 yearly 2006 - 2021
Greece (%) 73.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (%) 62.8 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (%) 54.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (%) 51.0 Mar 2022 quarterly Mar 1995 - Mar 2022
India (%) 59.2 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (%) 54.8 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (%) 47.3 Dec 2021 quarterly Jun 1988 - Dec 2021
Ireland (%) 23.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (%) 50.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (%) 60.5 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (%) 55.6 2016 yearly 1960 - 2016
Japan (%) 54.6 Mar 2022 quarterly Mar 1980 - Mar 2022
Jordan (%) 79.4 2020 yearly 1962 - 2020
Kazakhstan (%) 57.2 Dec 2021 quarterly Mar 1994 - Dec 2021
Kenya (%) 74.4 2020 yearly 1969 - 2020
South Korea (%) 48.5 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (%) 94.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (%) 41.4 2019 yearly 1962 - 2019
Kyrgyzstan (%) 75.4 Dec 2021 quarterly Mar 2000 - Dec 2021
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 60.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (%) 106.0 2020 yearly 1990 - 2020
Lithuania (%) 59.4 Mar 2022 quarterly Mar 1993 - Mar 2022
Luxembourg (%) 29.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (%) 48.3 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (%) 66.1 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 58.4 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (%) 42.1 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (%) 68.1 Mar 2022 quarterly Mar 1999 - Mar 2022
Mexico (%) 67.1 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (%) 82.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (%) 67.5 Mar 2022 quarterly Mar 2010 - Mar 2022
Montenegro (%) 86.0 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (%) 62.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Mozambique (%) 68.6 2021 yearly 1969 - 2021
Nepal (%) 82.5 2022 yearly 1975 - 2022
Netherlands (%) 43.3 Mar 2022 quarterly Mar 1977 - Mar 2022
New Zealand (%) 56.9 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (%) 62.2 2021 yearly 1981 - 2021
Norway (%) 32.7 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (%) 44.1 2020 yearly 1980 - 2020
Pakistan (%) 86.1 2022 yearly 1967 - 2022
Palestinian Territory (%) 98.6 Mar 2022 quarterly Mar 2011 - Mar 2022
Panama (%) 53.9 2020 yearly 1996 - 2020
Paraguay (%) 61.8 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (%) 66.9 Mar 2022 quarterly Mar 1980 - Mar 2022
Philippines (%) 78.2 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (%) 60.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Portugal (%) 66.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Qatar (%) 19.1 Dec 2021 quarterly Mar 2013 - Dec 2021
Romania (%) 62.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (%) 49.9 Mar 2022 quarterly Mar 1993 - Mar 2022
Saudi Arabia (%) 36.3 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (%) 65.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (%) 31.0 2021 yearly 1960 - 2021
Slovakia (%) 64.2 Mar 2022 quarterly Mar 1993 - Mar 2022
Slovenia (%) 54.6 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (%) 62.3 Mar 2022 quarterly Mar 1960 - Mar 2022
Spain (%) 55.9 Jun 2022 quarterly Mar 1980 - Jun 2022
Sri Lanka (%) 65.2 Dec 2021 quarterly Mar 2010 - Dec 2021
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 44.0 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (%) 51.0 Mar 2022 quarterly Mar 1980 - Mar 2022
Syria (%) 100.4 2020 yearly 1970 - 2020

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Kuwait Key Series

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Includes 178 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.6 2019 yearly 1988 - 2019
Consolidated Fiscal Balance (USD mn) -35,254.149 2020 yearly 1988 - 2020
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.5 2020 yearly 1986 - 2020
National Government Debt (USD mn) 1,635.9 May 2022 monthly Dec 1993 - May 2022
Government Debt: % of GDP (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (KWD bn) 24.751 2027 yearly 1990 - 2027
Forecast: Government Net Debt (KWD bn) 13.132 2027 yearly 1991 - 2027
Forecast: Government Revenue (KWD bn) 28.437 2027 yearly 1990 - 2027
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,402.323 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil (KWD mn) 1,711.965 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd (KWD mn) 15,979.052 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 383.685 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd (KWD mn) 16,380.557 Feb 2022 monthly Apr 2018 - Feb 2022
Government Fiscal Balance: ytd (KWD mn) -401.505 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd: Current (KWD mn) 14,978.234 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.861 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports (USD mn) 5,006.5 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports Growth (%) 61.8 Mar 2021 monthly Jan 1994 - Mar 2021
Aluminum: Exports (USD th) 20,167.163 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 51,195.339 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 2,928.186 2021 yearly 1995 - 2021
Total Imports (USD mn) 3,189.5 Mar 2021 monthly Jan 1992 - Mar 2021
Total Imports Growth (%) 27.7 Mar 2021 monthly Jan 1993 - Mar 2021
Imports: Medicament (USD th) 1,073,023.230 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 371,521.020 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 1.157 Apr 2022 monthly Jan 1973 - Apr 2022
Total Imports from USA (USD mn) 266.038 Mar 2021 monthly Jan 2017 - Mar 2021
Total Exports to China (USD mn) 27.186 Mar 2021 monthly Jan 2017 - Mar 2021
Total Imports from China (USD mn) 505.174 Mar 2021 monthly Jan 2017 - Mar 2021
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: SITC: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,366.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance (USD mn) 8,665.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance: % of GDP (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Direct Investment (USD mn) 94.4 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Direct Investment: % of GDP (%) -1.4 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment (USD mn) 506.970 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 3.1 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -7.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 513.951 Sep 2021 quarterly Mar 2012 - Sep 2021
External Debt (USD mn) 57,327.4 Sep 2021 quarterly Mar 2018 - Sep 2021
External Debt: % of GDP (%) 50.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 34.812 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 99,111.738 2020 yearly 2001 - 2020
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 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: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: 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: Financial Derivatives: Liabilities (KWD mn) 40.000 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: Assets (KWD mn) -36.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Sep 2021 quarterly Mar 2017 - Sep 2021
Household Debt: % of GDP (%) 1.7 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply M1 (USD mn) 43,468.346 May 2022 monthly Jan 1994 - May 2022
Money Supply M2 (USD mn) 136,002.617 May 2022 monthly Jan 1994 - May 2022
M2 Growth (%) 8.1 May 2022 monthly Jan 1995 - May 2022
Foreign Exchange Reserves (USD mn) 43,841.8 May 2022 monthly Jan 1964 - May 2022
Foreign Exchange Reserves: % of GDP (%) 42.914 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 14.1 Dec 2021 quarterly Mar 1973 - Dec 2021
Gold Reserves (USD mn) 103.851 May 2022 monthly Dec 1961 - May 2022
Total Deposits (USD mn) 153,790.283 May 2022 monthly Jan 1994 - May 2022
Total Deposits Growth (%) 7.5 May 2022 monthly Jan 1995 - May 2022
Domestic Credit (USD mn) 129,384.6 May 2022 monthly Jan 1994 - May 2022
Domestic Credit Growth (%) 13.8 May 2022 monthly Jan 1995 - May 2022
Household Debt (USD mn) 2,105.0 Jun 2022 monthly Jan 2002 - Jun 2022
Total Loans (USD mn) 146,673.646 May 2022 monthly Jan 1994 - May 2022
Total Loans Growth (%) 11.12 May 2022 monthly Jan 1995 - May 2022
Private Debt: % of Nominal GDP (%) 119.16 Dec 2020 quarterly Dec 2010 - Dec 2020

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