Kuwait Public Consumption: % of GDP

Kuwait's Public Consumption accounted for 22.7 % of its Nominal GDP in Dec 2018, compared with a share of 24.4 % in the previous year. Kuwait's Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1962 to Dec 2018, with an average number of 17.8 %. The data reached an all-time high of 201.0 % in Dec 1991 and a record low of 7.3 % in Dec 1974. CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. Central Statistical Bureau provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.

In the latest reports, Kuwait's GDP contracted 2.5 % YoY in Mar 2020. Kuwait's Nominal GDP reached 30.1 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) fell 7.9 % in Mar 2020. Kuwait's GDP Per Capita reached 30,436.7 USD in Dec 2018. Its Gross Savings Rate was measured at 36.1 % in Dec 2018.

View Kuwait's Public Consumption: % of GDP from 1962 to 2018 in the chart:

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What was Kuwait's Public Consumption: % of GDP in 2018?

Public Consumption: % of GDP by Country Comparison

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