Kuwait: Households and NPISHs Final consumption expenditure per capita, PPP (current international $)

Key figures

What the numbers say

In 2024, Kuwait's households and NPISHs Final consumption expenditure per capita, PPP (current international $) rose 995.44 on 2023 (from 21,803 to 22,799).

Across the 30 yearly changes before that (1994 to 2023), the average change was +336.59 and a typical year strayed about 1,490 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 3,410 in 1993 and the biggest yearly fall was 4,456 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 351.84 a year. A straight line explains 59% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Kuwait had the 6th highest value of the 28 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Kuwait in the 2024 ranking

• Japan — 2nd of 28: 27,317
• Bahrain — 3rd of 28: 23,600
• Bahamas, The — 4th of 28: 22,922
• Kazakhstan — 6th of 28: 19,716
• Panama — 7th of 28: 18,379
• Oman — 8th of 28: 16,498

What this measures

This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 35 values

Households and NPISHs Final consumption expenditure per capita, PPP (current international $) in nearby economies

• Algeria — 7,968 (2025)
• Bahrain — 23,600 (2024)
• Djibouti — 5,387 (2025)
• Egypt, Arab Rep. — 18,525 (2025)
• Iran, Islamic Rep. — 9,912 (2025)
• Iraq — 6,555 (2024)
• Israel — 27,661 (2025)
• Lebanon

More economic policy & debt data for Kuwait

• Total reserves, including gold (current US$) — US$51.74 billion (2025)
• Total reserves, excluding gold (current US$) — US$40.65 billion (2025)
• GDP (current US$) — US$157.21 billion (2025)
• GDP (current LCU) — 48.18 billion (2025)
• GDP per capita (current US$) — US$32,312 (2025)
• GDP per capita (current LCU) — 9,902 (2025)
• GNI (current US$) — US$193.99 billion (2024)
• GNI (current LCU) — 59.49 billion (2024)
• GNI per capita (current LCU) — 12,148 (2024)
• General government final consumption expenditure (current US$) — US$41.5 billion (2024)

Reading data like this

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Questions people ask

What is Kuwait's households and NPISHs Final consumption expenditure per capita, PPP (current international $)?

22,799 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 107.9% from 10,966 in 1990 (2.18% a year on average, compounded). The highest value was 25,934 in 2007 and the lowest 8,296 in 1992.

How does Kuwait rank?

6th highest of 28 economies with data for 2024.

Is the latest change in households and NPISHs Final consumption expenditure per capita, PPP (current international $) unusual for Kuwait?

Source

World Bank, World Development Indicators, indicator NE.CON.PCAP.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/al… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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