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:
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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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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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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