Kuwait - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Kuwait was 37,874,370,000 as of 2019. As the graph below shows, over the past 54 years this indicator reached a maximum value of 37,874,370,000 in 2019 and a minimum value of 415,000,000 in 1965.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1965 415,000,000
1966 501,000,000
1967 601,000,000
1968 612,000,000
1969 647,000,000
1970 660,000,000
1971 722,900,000
1972 762,200,000
1973 805,900,000
1974 1,101,300,000
1975 1,588,000,000
1976 2,097,300,000
1977 2,893,600,000
1978 2,956,400,000
1979 3,477,800,000
1980 4,331,000,000
1981 4,818,900,000
1982 6,079,300,000
1983 5,488,650,000
1984 5,430,570,000
1985 5,744,950,000
1986 5,297,820,000
1987 5,272,330,000
1988 5,506,210,000
1989 6,354,700,000
1990 6,004,200,000
1991 6,606,700,000
1992 6,772,900,000
1993 6,978,700,000
1994 6,750,500,000
1995 7,270,900,000
1996 8,194,000,000
1997 7,985,700,000
1998 8,478,600,000
1999 8,573,700,000
2000 8,524,300,000
2001 9,013,000,000
2002 10,662,000,000
2003 11,752,200,000
2004 13,218,700,000
2005 15,168,100,000
2006 17,275,500,000
2007 21,145,600,000
2008 23,440,800,000
2009 21,330,200,000
2010 21,065,100,000
2011 22,395,600,000
2012 25,115,200,000
2013 27,602,000,000
2014 29,171,600,000
2015 31,429,000,000
2016 33,351,000,000
2017 34,943,840,000
2018 36,775,300,000
2019 37,874,370,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts