Kuwait: PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)

Key figures

What the numbers say

In 2025, Kuwait's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) fell 0.000602 on 2024 (from 0.18 to 0.18).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.000778 and a typical year strayed about 0.00415 from that (the standard deviation). This year's change was 0.3 standard deviations below 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 0.0099 in 2008 and the biggest yearly fall was 0.00715 in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is downward, about 0.000967 a year. A straight line explains 51% 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 2025, Kuwait had the 166th highest value of the 167 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 2025 ranking

• Bulgaria — 163rd of 167: 0.41
• Jordan — 164th of 167: 0.32
• Bahrain — 165th of 167: 0.18
• Oman — 167th of 167: 0.18

What this measures

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.

Limitations: Global PPP estimates provided by ICP are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics.

Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator..

All 36 values

PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $) in nearby economies

• Afghanistan — 13.99 (2024)
• Algeria — 41.74 (2025)
• Bahrain — 0.18 (2025)
• Djibouti — 88.55 (2025)
• Egypt, Arab Rep. — 7.72 (2025)
• Iran, Islamic Rep. — 157,796 (2025)
• Iraq — 545.99 (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Kuwait's PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $)?

0.18 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 12.36% from 0.16 in 1990 (0.33% a year on average, compounded). The highest value was 0.2 in 2015 and the lowest 0.15 in 2004.

How does Kuwait rank?

166th highest of 167 economies with data for 2025.

Source

World Bank, World Development Indicators, indicator PA.NUS.PRVT.PP, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, publisher: International Comparison Program, type: International statistical program, date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT),… 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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