Expense in Kuwait
Kuwait: Expense was 10.18 billion current LCU in 2006. ◆ Volatile
Expense in Kuwait, 1972–2006
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Kuwait recorded 10.18 billion current LCU for expense in 2006. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 51.4% on the previous year and up 158.5% over ten years.
Over the whole period, expense in Kuwait peaked at 10.18 billion current LCU in 2006 and was at its lowest, 303.00 million current LCU, in 1972.
Kuwait ranks 134th of 157 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Kuwait, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 303.00 million current LCU | — |
| 1973 | 368.00 million current LCU | +21.5% |
| 1974 | 740.00 million current LCU | +101.1% |
| 1977 | 989.00 million current LCU | +33.6% |
| 1978 | 1.04 billion current LCU | +5.7% |
| 1979 | 1.12 billion current LCU | +6.9% |
| 1980 | 1.46 billion current LCU | +30.7% |
| 1981 | 1.70 billion current LCU | +16.2% |
| 1982 | 1.92 billion current LCU | +12.9% |
| 1983 | 2.16 billion current LCU | +12.8% |
| 1984 | 2.04 billion current LCU | -5.5% |
| 1985 | 2.16 billion current LCU | +5.7% |
| 1986 | 2.01 billion current LCU | -6.9% |
| 1987 | 1.91 billion current LCU | -5.1% |
| 1988 | 2.28 billion current LCU | +19.8% |
| 1989 | 2.48 billion current LCU | +8.7% |
| 1990 | 2.55 billion current LCU | +2.7% |
| 1991 | 6.58 billion current LCU | +158.0% |
| 1992 | 5.38 billion current LCU | -18.3% |
| 1993 | 3.99 billion current LCU | -25.8% |
| 1994 | 3.85 billion current LCU | -3.5% |
| 1995 | 3.77 billion current LCU | -2.2% |
| 1996 | 3.94 billion current LCU | +4.6% |
| 1997 | 3.52 billion current LCU | -10.8% |
| 1998 | 3.68 billion current LCU | +4.6% |
| 2001 | 4.66 billion current LCU | +26.6% |
| 2002 | 4.80 billion current LCU | +3.1% |
| 2003 | 5.39 billion current LCU | +12.3% |
| 2004 | 6.18 billion current LCU | +14.6% |
| 2005 | 6.73 billion current LCU | +8.9% |
| 2006 | 10.18 billion current LCU | +51.4% |
Kuwait compared with similar countries
- Kuwait's 10.18 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 8% of the median. (57 countries reporting)
- Kuwait's 10.18 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 393.78 billion current LCU, 3% of the median. (15 countries reporting)
Biggest year-on-year movements
Years where Expense in Kuwait changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +158.0% | 2.55 billion current LCU | 6.58 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 760.33 million current LCU | 303.00 million current LCU | 1.12 billion current LCU | 6 |
| 1980s | 2.01 billion current LCU | 1.46 billion current LCU | 2.48 billion current LCU | 10 |
| 1990s | 4.14 billion current LCU | 2.55 billion current LCU | 6.58 billion current LCU | 9 |
| 2000s | 6.32 billion current LCU | 4.66 billion current LCU | 10.18 billion current LCU | 6 |
Countries ranked near Kuwait
More public sector data for Kuwait
- Democracy, annual growth rate -100 % change on previous year (2024)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate -100 % change on previous year (2024)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
- Competitive elections 0 (2025)
- Universal right to vote 2 (2025)
Frequently asked questions
- What is expense in Kuwait?
- Expense in Kuwait was 10.18 billion current LCU in 2006, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Kuwait?
- The highest recorded value was 10.18 billion current LCU in 2006.
- What is the lowest expense recorded in Kuwait?
- The lowest recorded value was 303.00 million current LCU in 1972.
- How does Kuwait rank for expense?
- Kuwait ranks 134th out of 157 countries with data for 2006.
- Is expense rising or falling in Kuwait?
- Over the last ten years it is up 158.5%. The long-run trend across the full record is volatile.
- Where does this Kuwait data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.