Kuwait Public Consumption: % of GDP

Key information about Kuwait Public Consumption: % of GDP

• Kuwait Public Consumption accounted for 20.7 % of its Nominal GDP in Dec 2022, compared with a share of 25.4 % in the previous year.
• Kuwait Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1962 to Dec 2022, with an average number of 19.2 %.
• 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.


Related information about Kuwait Public Consumption: % of GDP

• In the latest reports, Kuwait GDP contracted 2.2 % YoY in Sep 2024.
• Kuwait Nominal GDP reached 28.0 USD bn in Dec 2020.
• Its GDP deflator (implicit price deflator) fell 10.1 % in Dec 2020.
• Kuwait GDP Per Capita reached 22,682.6 USD in Dec 2020.
• Its Gross Savings Rate was measured at 44.9 % in Dec 2022.
• For Nominal GDP contributions, Investment accounted for 16.9 % in Dec 2022.
• Private Consumption accounted for 32.6 % in Dec 2022.

View Kuwait's Public Consumption: % of GDP from 1962 to 2022 in the chart:

What was Kuwait's Public Consumption: % of GDP in 2022?

Kuwait Public Consumption accounted for 20.7 % of its Nominal GDP in Dec 2022, compared with a share of 25.4 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
20.7 2022	25.4 2021	7.3 1974	201.0 1991	%	yearly	1962 - 2022

Public Consumption: % of GDP by Country Comparison

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Kuwait Key Series

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