Kuwait Public Consumption: % of GDP

1962 - 2018 | Yearly | % | CEIC Data

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:

Kuwait Public Consumption: % of GDP

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

Last Previous Min Max Unit Frequency Range
22.7 2018 24.4 2017 7.3 1974 201.0 1991 % yearly 1962 - 2018

Public Consumption: % of GDP by Country Comparison

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Includes Public Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 11.5 Sep 2020 quarterly Mar 2008 - Sep 2020
Algeria (%) 16.9 2019 yearly 1950 - 2019
Argentina (%) 15.4 Sep 2020 quarterly Mar 1993 - Sep 2020
Armenia (%) 16.5 Jun 2020 quarterly Dec 1994 - Jun 2020
Australia (%) 21.5 Sep 2020 quarterly Sep 1959 - Sep 2020
Austria (%) 20.5 Sep 2020 quarterly Mar 1988 - Sep 2020
Azerbaijan (%) 10.5 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) 16.3 2018 yearly 1975 - 2018
Bangladesh (%) 6.2 2020 yearly 1960 - 2020
Belarus (%) 14.7 Sep 2020 quarterly Mar 1994 - Sep 2020

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Kuwait Key Series

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Includes 218 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 (%) -8.6 2017 yearly 1988 - 2017
Consolidated Fiscal Balance (USD mn) -10,753.192 2017 yearly 1988 - 2017
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.4 2017 yearly 1986 - 2017
National Government Debt (USD mn) 3,442.1 Nov 2020 monthly Dec 1993 - Nov 2020
Government Debt: % of GDP (%) 4.2 Mar 2020 quarterly Dec 2010 - Mar 2020
Forecast: Government Expenditure (KWD bn) 23.881 2025 yearly 1990 - 2025
Forecast: Government Net Debt (KWD bn) 38.428 2025 yearly 1991 - 2025
Forecast: Government Revenue (KWD bn) 22.442 2025 yearly 1990 - 2025
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
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -3,247.800 2018 yearly 1989 - 2018
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Public Debt (KWD mn) 1,050.000 Nov 2020 monthly Dec 1993 - Nov 2020

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