Kuwait Private Consumption Expenditure

1962 - 2023 | Yearly | USD mn | CEIC Data

Key information about Kuwait Private Consumption Expenditure

  • Kuwait Private Consumption Expenditure was reported at 63.347 USD bn in Dec 2023. This records an increase from the previous number of 59.800 USD bn for Dec 2022.
  • Kuwait Private Consumption Expenditure data is updated yearly, averaging 7.616 USD bn from Dec 1962 to 2023, with 62 observations.
  • The data reached an all-time high of 63.347 USD bn in 2023 and a record low of 526.400 USD mn in 1962.
  • Kuwait Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Annual.

CEIC converts annual Private Consumption Expenditure into USD. Central Statistical Bureau provides Private Consumption Expenditure in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions.

View Kuwait's Private Consumption Expenditure from 1962 to 2023 in the chart:

Kuwait Private Consumption Expenditure

What was Kuwait's Private Consumption Expenditure in 2023?

Kuwait Private Consumption Expenditure was reported at 63.347 USD bn in Dec 2023. This records an increase from the previous number of 59.800 USD bn for Dec 2022. See the table below for more data.

Last Previous Min Max Unit Frequency Range
63,346.999 2023 59,800.179 2022 526.400 1962 63,346.999 2023 USD mn yearly 1962 - 2023

Private Consumption Expenditure by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 5,607.537 Jun 2025 quarterly Mar 1995 - Jun 2025
Algeria (USD mn) 111,162.668 2024 yearly 1957 - 2024
Argentina (USD mn) 132,059.616 Jun 2025 quarterly Mar 1993 - Jun 2025
Armenia (USD mn) 5,500.202 Sep 2025 quarterly Dec 1994 - Sep 2025
Australia (USD mn) 243,865.734 Sep 2025 quarterly Sep 1959 - Sep 2025
Austria (USD mn) 75,381.405 Jun 2025 quarterly Mar 1988 - Jun 2025
Azerbaijan (USD mn) 10,959.059 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (USD mn) 18,808.773 2024 yearly 1975 - 2024
Bangladesh (USD mn) 326,123.962 2025 yearly 1981 - 2025
Belarus (USD mn) 12,395.864 Jun 2025 quarterly Mar 2000 - Jun 2025
Belgium (USD mn) 98,144.137 Sep 2025 quarterly Mar 1980 - Sep 2025
Bolivia (USD mn) 10,232.496 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (USD mn) 4,948.615 Mar 2025 quarterly Mar 2008 - Mar 2025
Botswana (USD mn) 2,276.814 Jun 2025 quarterly Mar 2006 - Jun 2025
Brazil (USD mn) 376,354.708 Sep 2025 quarterly Mar 1996 - Sep 2025
Brunei (USD mn) 896.603 Jun 2025 quarterly Mar 2013 - Jun 2025
Bulgaria (USD mn) 21,623.462 Sep 2025 quarterly Mar 1995 - Sep 2025
Cambodia (USD mn) 24,090.182 2022 yearly 1993 - 2022
Canada (USD mn) 329,136.779 Sep 2025 quarterly Mar 1961 - Sep 2025
Chile (USD mn) 49,900.846 Sep 2025 quarterly Mar 1996 - Sep 2025
China (USD mn) 7,485,527.739 2024 yearly 1957 - 2024
Colombia (USD mn) 86,151.339 Sep 2025 quarterly Mar 2000 - Sep 2025
Croatia (USD mn) 15,244.309 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (USD mn) 6,158.851 Sep 2025 quarterly Mar 1995 - Sep 2025
Czech Republic (USD mn) 48,507.879 Sep 2025 quarterly Mar 1995 - Sep 2025
Denmark (USD mn) 52,444.302 Sep 2025 quarterly Mar 1990 - Sep 2025
Ecuador (USD mn) 21,149.219 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (USD mn) 80,162.795 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (USD mn) 6,382.012 Sep 2025 quarterly Mar 1995 - Sep 2025
European Union (USD mn) 2,784,663.722 Jun 2025 quarterly Mar 1999 - Jun 2025
Finland (USD mn) 41,824.874 Sep 2025 quarterly Mar 1990 - Sep 2025
France (USD mn) 471,628.270 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) 6,598.207 Jun 2025 quarterly Mar 1996 - Jun 2025
Germany (USD mn) 692,225.499 Sep 2025 quarterly Mar 1960 - Sep 2025
Ghana (USD mn) 69,736.867 2024 yearly 2006 - 2024
Greece (USD mn) 48,673.085 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (USD mn) 69,177.376 Sep 2025 quarterly Mar 1973 - Sep 2025
Hungary (USD mn) 32,722.058 Sep 2025 quarterly Mar 1995 - Sep 2025
Iceland (USD mn) 5,067.583 Sep 2025 quarterly Mar 1995 - Sep 2025
India (USD mn) 610,062.934 Sep 2025 quarterly Jun 1996 - Sep 2025
Indonesia (USD mn) 201,522.715 Sep 2025 quarterly Mar 1993 - Sep 2025
Iran (USD mn) 66,145.792 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (USD mn) 50,247.809 Sep 2025 quarterly Mar 1995 - Sep 2025
Israel (USD mn) 80,840.265 Sep 2025 quarterly Mar 1995 - Sep 2025
Italy (USD mn) 376,755.733 Sep 2025 quarterly Mar 1995 - Sep 2025
Ivory Coast (USD mn) 58,623.839 2024 yearly 1960 - 2024
Japan (USD mn) 596,716.556 Sep 2025 quarterly Mar 1980 - Sep 2025
Jordan (USD mn) 37,679.440 2023 yearly 1962 - 2023
Kazakhstan (USD mn) 27,631.656 Jun 2025 quarterly Mar 2007 - Jun 2025
Kenya (USD mn) 93,409.684 2024 yearly 1960 - 2024
South Korea (USD mn) 232,348.019 Sep 2025 quarterly Mar 1960 - Sep 2025
Kosovo (USD mn) 2,600.919 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (USD mn) 63,346.999 2023 yearly 1962 - 2023
Kyrgyzstan (USD mn) 4,394.990 Jun 2025 quarterly Mar 2008 - Jun 2025
Laos (USD mn) 10,453.643 2016 yearly 2000 - 2016
Latvia (USD mn) 7,595.895 Sep 2025 quarterly Mar 1995 - Sep 2025
Lebanon (USD mn) 219,030.742 2023 yearly 2004 - 2023
Lithuania (USD mn) 13,482.539 Sep 2025 quarterly Mar 1995 - Sep 2025
Luxembourg (USD mn) 8,370.607 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (USD mn) 3,849.712 Sep 2025 quarterly Mar 2001 - Sep 2025
North Macedonia (USD mn) 3,322.798 Sep 2025 quarterly Mar 2000 - Sep 2025
Malawi (USD mn) 6,072.721 2019 yearly 1960 - 2019
Malaysia (USD mn) 77,140.217 Sep 2025 quarterly Mar 1991 - Sep 2025
Malta (USD mn) 3,335.205 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (USD mn) 2,563.502 Jun 2025 quarterly Mar 1999 - Jun 2025
Mexico (USD mn) 318,146.594 Jun 2025 quarterly Mar 1993 - Jun 2025
Moldova (USD mn) 3,947.523 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (USD mn) 3,245.656 Sep 2025 quarterly Mar 2010 - Sep 2025
Montenegro (USD mn) 1,957.162 Sep 2025 quarterly Mar 2006 - Sep 2025
Morocco (USD mn) 26,994.688 Jun 2025 quarterly Mar 2007 - Jun 2025
Mozambique (USD mn) 16,815.229 2024 yearly 1969 - 2024
Nepal (USD mn) 38,623.377 2025 yearly 1975 - 2025
Netherlands (USD mn) 149,056.035 Sep 2025 quarterly Mar 1988 - Sep 2025
New Zealand (USD mn) 37,581.822 Jun 2025 quarterly Jun 1987 - Jun 2025
Nigeria (USD mn) 32,910.143 Dec 2024 quarterly Mar 2010 - Dec 2024
Norway (USD mn) 58,641.730 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (USD mn) 41,919.970 2024 yearly 1980 - 2024
Pakistan (USD mn) 339,497.949 2025 yearly 1960 - 2025
Palestinian Territory (USD mn) 2,777.100 Jun 2025 quarterly Mar 2011 - Jun 2025
Panama (USD mn) 37,153.342 2022 yearly 1969 - 2022
Paraguay (USD mn) 7,525.997 Jun 2025 quarterly Mar 1994 - Jun 2025
Peru (USD mn) 51,331.945 Sep 2025 quarterly Mar 1990 - Sep 2025
Philippines (USD mn) 90,910.392 Sep 2025 quarterly Mar 1981 - Sep 2025
Poland (USD mn) 157,017.156 Sep 2025 quarterly Mar 1995 - Sep 2025
Portugal (USD mn) 55,150.511 Sep 2025 quarterly Mar 1995 - Sep 2025
Qatar (USD mn) 12,296.333 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 69,198.988 Sep 2025 quarterly Mar 1995 - Sep 2025
Russia (USD mn) 329,427.247 Jun 2025 quarterly Mar 1993 - Jun 2025
Saudi Arabia (USD mn) 150,984.000 Sep 2025 quarterly Mar 2003 - Sep 2025
Serbia (USD mn) 17,301.339 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (USD mn) 46,509.621 Sep 2025 quarterly Mar 1975 - Sep 2025
Slovakia (USD mn) 23,862.334 Sep 2025 quarterly Mar 1995 - Sep 2025
Slovenia (USD mn) 10,575.339 Sep 2025 quarterly Mar 1995 - Sep 2025
South Africa (USD mn) 71,939.979 Sep 2025 quarterly Mar 1960 - Sep 2025
Spain (USD mn) 275,322.935 Sep 2025 quarterly Mar 1995 - Sep 2025
Sri Lanka (USD mn) 16,092.579 Jun 2025 quarterly Mar 2010 - Jun 2025
Sudan (USD mn) 40,272.082 2024 yearly 1960 - 2024
Sweden (USD mn) 79,715.283 Sep 2025 quarterly Mar 1980 - Sep 2025
Switzerland (USD mn) 134,486.768 Sep 2025 quarterly Mar 1980 - Sep 2025
Syria (USD mn) 36,535.969 2022 yearly 1990 - 2022

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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 Revenue: ytd (KWD mn) 23,644.325 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: ytd: Purchases of Non Financial Assets (KWD mn) 336.796 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 Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 550.910 Mar 2024 monthly Apr 2018 - Mar 2024
Government Fiscal Balance: ytd (KWD mn) -1,561.505 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd (KWD mn) 9,966.991 Sep 2024 monthly Apr 2018 - Sep 2024
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Expenditure: Capital (KWD mn) 226.000 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 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) 2.725 Aug 2025 monthly Sep 1991 - Aug 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: Portfolio Investment: Assets (KWD mn) -1,260.000 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: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (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
BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 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) 34,670.8 Oct 2025 monthly Jan 1964 - Oct 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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