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.

• In the latest reports, Kuwait GDP contracted 1.6 % YoY in Jun 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 32.5 % in Dec 2022.

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

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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.

Public Consumption: % of GDP by Country Comparison

Kuwait Key Series

More Indicators for Kuwait