Kuwait Private Consumption Expenditure

1962 - 2022 | Yearly | USD mn | CEIC Data

Key information about Kuwait Private Consumption Expenditure

  • Kuwait Private Consumption Expenditure was reported at 59.798 USD bn in Dec 2022. This records an increase from the previous number of 57.396 USD bn for Dec 2021.
  • Kuwait Private Consumption Expenditure data is updated yearly, averaging 11.050 USD bn from Dec 1962 to 2022, with 61 observations.
  • The data reached an all-time high of 59.798 USD bn in 2022 and a record low of 526.400 USD mn in 1962.
  • Kuwait Private Consumption Expenditure data remains in an active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Private Consumption Expenditure: USD: Annual.

CEIC converts annual Private Consumption Expenditure into USD. Central Statistical Bureau provides Private Consumption Expenditure in local currency. The Central Bank of Kuwait average market exchange rate is used for currency conversions.

View Kuwait's Private Consumption Expenditure from 1962 to 2022 in the chart:

Kuwait Private Consumption Expenditure

What was Kuwait's Private Consumption Expenditure in 2022?

Kuwait Private Consumption Expenditure was reported at 59.798 USD bn in Dec 2022. This records an increase from the previous number of 57.396 USD bn for Dec 2021. See the table below for more data.

Last Previous Min Max Unit Frequency Range
59,798.150 2022 57,396.380 2021 526.400 1962 59,798.150 2022 USD mn yearly 1962 - 2022

Private Consumption Expenditure by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 4,986.058 Jun 2024 quarterly Mar 2008 - Jun 2024
Algeria (USD mn) 98,825.666 2023 yearly 1957 - 2023
Argentina (USD mn) 107,405.939 Jun 2024 quarterly Mar 1993 - Jun 2024
Armenia (USD mn) 4,336.449 Jun 2024 quarterly Dec 1994 - Jun 2024
Australia (USD mn) 227,436.303 Jun 2024 quarterly Sep 1959 - Jun 2024
Austria (USD mn) 67,805.066 Jun 2024 quarterly Mar 1988 - Jun 2024
Azerbaijan (USD mn) 10,069.647 Jun 2024 quarterly Mar 2001 - Jun 2024
Bahrain (USD mn) 16,951.449 2022 yearly 1975 - 2022
Bangladesh (USD mn) 303,536.168 2024 yearly 1981 - 2024
Belarus (USD mn) 10,094.011 Jun 2024 quarterly Mar 2000 - Jun 2024
Belgium (USD mn) 82,627.764 Jun 2024 quarterly Mar 1980 - Jun 2024
Bolivia (USD mn) 6,822.407 Jun 2024 quarterly Mar 1990 - Jun 2024
Bosnia and Herzegovina (USD mn) 4,922.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Botswana (USD mn) 2,148.633 Jun 2024 quarterly Mar 2006 - Jun 2024
Brazil (USD mn) 348,481.350 Jun 2024 quarterly Mar 1996 - Jun 2024
Brunei (USD mn) 928.403 Jun 2024 quarterly Mar 2013 - Jun 2024
Bulgaria (USD mn) 15,193.052 Jun 2024 quarterly Mar 1995 - Jun 2024
Cambodia (USD mn) 24,090.182 2022 yearly 1993 - 2022
Canada (USD mn) 304,467.183 Jun 2024 quarterly Mar 1961 - Jun 2024
Chile (USD mn) 47,272.742 Jun 2024 quarterly Mar 1996 - Jun 2024
China (USD mn) 6,967,063.052 2023 yearly 1957 - 2023
Colombia (USD mn) 78,401.225 Mar 2024 quarterly Mar 2000 - Mar 2024
Croatia (USD mn) 13,126.900 Jun 2024 quarterly Mar 1995 - Jun 2024
Cyprus (USD mn) 5,254.604 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (USD mn) 40,399.157 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (USD mn) 47,508.790 Jun 2024 quarterly Mar 1990 - Jun 2024
Ecuador (USD mn) 19,199.427 Jun 2024 quarterly Mar 1991 - Jun 2024
Egypt (USD mn) 64,338.957 Jun 2024 quarterly Sep 2001 - Jun 2024
Estonia (USD mn) 5,629.986 Jun 2024 quarterly Mar 1995 - Jun 2024
European Union (USD mn) 2,533,967.281 Jun 2024 quarterly Mar 1999 - Jun 2024
Finland (USD mn) 38,120.819 Jun 2024 quarterly Mar 1990 - Jun 2024
France (USD mn) 441,115.501 Sep 2024 quarterly Mar 1957 - Sep 2024
Georgia (USD mn) 5,948.583 Jun 2024 quarterly Mar 1996 - Jun 2024
Germany (USD mn) 610,750.211 Jun 2024 quarterly Mar 1960 - Jun 2024
Ghana (USD mn) 64,338.281 2023 yearly 2006 - 2023
Greece (USD mn) 42,412.387 Jun 2024 quarterly Mar 1995 - Jun 2024
Hong Kong SAR, China (USD mn) 69,446.283 Jun 2024 quarterly Mar 1973 - Jun 2024
Hungary (USD mn) 27,956.493 Jun 2024 quarterly Mar 1995 - Jun 2024
Iceland (USD mn) 4,012.422 Jun 2024 quarterly Mar 1995 - Jun 2024
India (USD mn) 559,662.883 Jun 2024 quarterly Jun 1996 - Jun 2024
Indonesia (USD mn) 194,077.647 Sep 2024 quarterly Mar 1993 - Sep 2024
Iran (USD mn) 494,594.369 Mar 2024 quarterly Jun 1988 - Mar 2024
Ireland (USD mn) 43,571.418 Jun 2024 quarterly Mar 1995 - Jun 2024
Israel (USD mn) 62,837.082 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (USD mn) 336,418.220 Jun 2024 quarterly Mar 1995 - Jun 2024
Ivory Coast (USD mn) 51,849.173 2023 yearly 1960 - 2023
Japan (USD mn) 526,832.469 Jun 2024 quarterly Mar 1980 - Jun 2024
Jordan (USD mn) 40,150.278 2023 yearly 1962 - 2023
Kazakhstan (USD mn) 25,029.867 Jun 2024 quarterly Mar 2007 - Jun 2024
Kenya (USD mn) 86,626.716 2022 yearly 1960 - 2022
South Korea (USD mn) 224,283.704 Jun 2024 quarterly Mar 1960 - Jun 2024
Kosovo (USD mn) 2,377.699 Jun 2024 quarterly Mar 2010 - Jun 2024
Kuwait (USD mn) 59,798.150 2022 yearly 1962 - 2022
Kyrgyzstan (USD mn) 3,376.283 Sep 2023 quarterly Mar 2008 - Sep 2023
Laos (USD mn) 10,453.639 2016 yearly 2000 - 2016
Latvia (USD mn) 6,411.295 Jun 2024 quarterly Mar 1995 - Jun 2024
Lebanon (USD mn) 67,290.874 2020 yearly 1990 - 2020
Lithuania (USD mn) 11,566.940 Jun 2024 quarterly Mar 1995 - Jun 2024
Luxembourg (USD mn) 7,129.531 Jun 2024 quarterly Mar 1995 - Jun 2024
Macau SAR, China (USD mn) 3,590.425 Jun 2024 quarterly Mar 2001 - Jun 2024
North Macedonia (USD mn) 2,803.008 Jun 2024 quarterly Mar 2000 - Jun 2024
Malawi (USD mn) 6,072.721 2019 yearly 1960 - 2019
Malaysia (USD mn) 59,531.296 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (USD mn) 2,665.987 Jun 2024 quarterly Mar 1992 - Jun 2024
Mauritius (USD mn) 2,249.144 Jun 2024 quarterly Mar 1999 - Jun 2024
Mexico (USD mn) 340,926.224 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (USD mn) 3,477.946 Jun 2024 quarterly Mar 1995 - Jun 2024
Mongolia (USD mn) 2,943.045 Jun 2024 quarterly Mar 2010 - Jun 2024
Montenegro (USD mn) 1,533.793 Jun 2024 quarterly Mar 2010 - Jun 2024
Morocco (USD mn) 20,776.427 Jun 2024 quarterly Mar 2007 - Jun 2024
Mozambique (USD mn) 16,345.184 2023 yearly 1969 - 2023
Nepal (USD mn) 35,007.033 2022 yearly 1975 - 2022
Netherlands (USD mn) 130,463.417 Jun 2024 quarterly Mar 1988 - Jun 2024
New Zealand (USD mn) 36,858.375 Jun 2024 quarterly Jun 1987 - Jun 2024
Nigeria (USD mn) 44,757.800 Dec 2023 quarterly Mar 2010 - Dec 2023
Norway (USD mn) 46,573.988 Jun 2024 quarterly Mar 1978 - Jun 2024
Oman (USD mn) 40,068.921 2023 yearly 1980 - 2023
Pakistan (USD mn) 316,255.302 2024 yearly 1960 - 2024
Palestinian Territory (USD mn) 3,065.600 Jun 2024 quarterly Mar 2011 - Jun 2024
Panama (USD mn) 37,153.342 2022 yearly 1969 - 2022
Paraguay (USD mn) 7,463.267 Jun 2024 quarterly Mar 1994 - Jun 2024
Peru (USD mn) 47,085.354 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (USD mn) 85,850.536 Sep 2024 quarterly Mar 1981 - Sep 2024
Poland (USD mn) 129,981.853 Jun 2024 quarterly Mar 1995 - Jun 2024
Portugal (USD mn) 46,352.957 Mar 2024 quarterly Mar 1995 - Mar 2024
Qatar (USD mn) 12,296.333 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (USD mn) 60,112.678 Jun 2024 quarterly Mar 1995 - Jun 2024
Russia (USD mn) 259,971.693 Jun 2024 quarterly Mar 1993 - Jun 2024
Saudi Arabia (USD mn) 109,754.070 Jun 2024 quarterly Mar 2003 - Jun 2024
Serbia (USD mn) 14,068.310 Jun 2024 quarterly Mar 1995 - Jun 2024
Singapore (USD mn) 41,861.211 Jun 2024 quarterly Mar 1975 - Jun 2024
Slovakia (USD mn) 20,356.474 Jun 2024 quarterly Mar 1995 - Jun 2024
Slovenia (USD mn) 9,215.200 Jun 2024 quarterly Mar 1995 - Jun 2024
South Africa (USD mn) 63,849.859 Jun 2024 quarterly Mar 1960 - Jun 2024
Spain (USD mn) 245,479.807 Sep 2024 quarterly Mar 1995 - Sep 2024
Sri Lanka (USD mn) 14,886.452 Jun 2024 quarterly Mar 2010 - Jun 2024
Sudan (USD mn) 89,303.523 2023 yearly 1960 - 2023
Sweden (USD mn) 68,901.847 Jun 2024 quarterly Mar 1980 - Jun 2024
Switzerland (USD mn) 115,906.886 Jun 2024 quarterly Mar 1980 - Jun 2024
Syria (USD mn) 36,535.969 2022 yearly 1990 - 2022

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Kuwait Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.1 2023 yearly 1988 - 2023
Consolidated Fiscal Balance (USD mn) -5,077.511 2023 yearly 1988 - 2023
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.1 2023 yearly 1986 - 2023
National Government Debt (USD mn) 164.1 Sep 2024 monthly Dec 1993 - Sep 2024
Government Debt: % of GDP (%) 0.3 Jun 2024 quarterly Dec 2010 - Jun 2024
Forecast: Government Expenditure (KWD bn) 27.335 2029 yearly 1985 - 2029
Forecast: Government Net Debt (KWD bn) 14.007 2029 yearly 1991 - 2029
Forecast: Government Revenue (KWD bn) 40.250 2029 yearly 1985 - 2029
Government Fiscal Balance: ytd (KWD mn) -1,561.505 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd (KWD mn) 9,966.991 Sep 2024 monthly Apr 2018 - Sep 2024
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 336.796 Sep 2024 monthly Apr 2018 - Sep 2024
Government Revenue: ytd: Non Oil (KWD mn) 2,116.770 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd (KWD mn) 23,644.325 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 550.910 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure: ytd: Current (KWD mn) 9,630.195 Sep 2024 monthly Apr 2018 - Sep 2024
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Government Surplus/Deficit (KWD mn) -1,561.505 2024 yearly 1989 - 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.994 2028 yearly 1980 - 2028
Trade Balance (USD mn) 3,536.5 Jun 2024 monthly Jan 1993 - Jun 2024
Total Exports (USD mn) 6,435.2 Jun 2024 monthly Jan 1993 - Jun 2024
Total Exports Growth (%) -1.0 Jun 2024 monthly Jan 1994 - Jun 2024
Aluminum: Exports (USD th) 56,120.447 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 280,728.170 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 13,928.974 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,898.7 Jun 2024 monthly Jan 1992 - Jun 2024
Total Imports Growth (%) 2.5 Jun 2024 monthly Jan 1993 - Jun 2024
Imports: Medicament (USD th) 1,224,246.807 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 638,823.973 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 3.835 Jul 2024 monthly Sep 1991 - Jul 2024
Total Imports from USA (USD mn) 217.582 Jun 2024 monthly Jan 2017 - Jun 2024
Total Exports to China (USD mn) 41.094 Jun 2024 monthly Jan 2017 - Jun 2024
Total Imports from China (USD mn) 522.637 Jun 2024 monthly Jan 2017 - Jun 2024
Trade Balance: Quarterly (KWD mn) 2,789.603 Dec 2018 quarterly Mar 1973 - Dec 2018
Exports: FOB: Growth Rate: YoY (%) -1.015 Jun 2024 monthly Apr 2020 - Jun 2024
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Export Value Index (2015=100) 116.639 2021 yearly 1980 - 2021
Import Value Index (2015=100) 102.988 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,748.6 Mar 2024 quarterly Mar 2012 - Mar 2024
Current Account Balance (USD mn) 11,086.1 Mar 2024 quarterly Mar 2012 - Mar 2024
Current Account Balance: % of GDP (%) 27.9 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Direct Investment (USD mn) 128.5 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Direct Investment: % of GDP (%) 0.3 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment (USD mn) 13.987 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.0 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 45.5 Mar 2024 quarterly Mar 2012 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -31.551 Mar 2024 quarterly Mar 2012 - Mar 2024
External Debt (USD mn) 65,430.7 Mar 2024 quarterly Mar 2018 - Mar 2024
External Debt: % of GDP (%) 39.4 2023 yearly 2014 - 2023
Forecast: Current Account Balance (USD bn) 25.453 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 113,840.261 2023 yearly 2001 - 2023
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Net Errors and Omissions (KWD mn) 493.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Liabilities (KWD mn) 40.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Financial Derivatives: Assets (KWD mn) -36.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Jun 2024 quarterly Mar 2011 - Jun 2024
Household Debt: % of GDP (%) 0.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Money Supply M1 (USD mn) 33,747.006 Sep 2024 monthly Jan 1994 - Sep 2024
Money Supply M2 (USD mn) 132,820.345 Sep 2024 monthly Jan 1994 - Sep 2024
M2 Growth (%) 3.7 Sep 2024 monthly Jan 1995 - Sep 2024
Foreign Exchange Reserves (USD mn) 42,293.4 Aug 2024 monthly Jan 1964 - Aug 2024
Foreign Exchange Reserves: % of GDP (%) 25.562 Jun 2024 quarterly Dec 2010 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 14.3 Jun 2024 quarterly Mar 1973 - Jun 2024
Gold Reserves (USD mn) 104.020 Sep 2024 monthly Dec 1961 - Sep 2024
Total Deposits (USD mn) 176,721.903 Sep 2024 monthly Jan 1994 - Sep 2024
Total Deposits Growth (%) 4.7 Sep 2024 monthly Jan 1995 - Sep 2024
Domestic Credit (USD mn) 132,219.5 Sep 2024 monthly Jan 1994 - Sep 2024
Domestic Credit Growth (%) 2.9 Sep 2024 monthly Jan 1995 - Sep 2024
Household Debt (USD mn) 1,413.6 Sep 2024 monthly Jan 2002 - Sep 2024
Total Loans (USD mn) 183,207.219 Sep 2024 monthly Jan 1994 - Sep 2024
Total Loans Growth (%) 5.69 Sep 2024 monthly Jan 1995 - Sep 2024
Private Debt: % of Nominal GDP (%) 104.60 Jun 2024 quarterly Dec 2010 - Jun 2024
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 10,284.400 Sep 2024 monthly Jan 1994 - Sep 2024
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,550.000 Aug 2024 monthly Jan 1994 - Aug 2024
Money Supply: M3 (KWD mn) 40,227.500 Aug 2024 monthly Jan 1994 - Aug 2024
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 40,477.000 Sep 2024 monthly Jan 1994 - Sep 2024
Local Banks Time Deposits (KWD mn) 64,939.300 Sep 2024 monthly Jan 1994 - Sep 2024

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