Kuwait Private Consumption: % of GDP

Key information about Kuwait Private Consumption: % of GDP

• Kuwait Private Consumption accounted for 40.6 % of its Nominal GDP in Dec 2019, compared with a ratio of 39.8 % in the previous year.
• Kuwait Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1962 to Dec 2019, with an average share of 37.4 %.
• The data reached an all-time high of 93.3 % in Dec 1991 and a record low of 14.8 % in Dec 1974.

• In the latest reports, Kuwait GDP expanded 0.3 % YoY in Sep 2023.
• Its Nominal GDP reached 28.0 USD bn in Dec 2020.
• Kuwait GDP Per Capita reached 22,682.6 USD in Dec 2020.
• Its Gross Savings Rate was measured at 31.1 % in Dec 2019.

View Kuwait's Private Consumption: % of GDP from 1962 to 2019 in the chart:

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What was Kuwait's Private Consumption: % of GDP in 2019?

Kuwait Private Consumption accounted for 40.6 % of its Nominal GDP in Dec 2019, compared with a ratio of 39.8 % in the previous year. See the table below for more data.

Private Consumption: % of GDP by Country Comparison

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Kuwait Key Series

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