Kuwait - Private Consumption

Kuwait: Private Consumption

Mnemonic C.IKWT
Unit Mil. KWD
Annual 5.42 %
Data 2017 15,760
2016 14,950

Series Information

Source Central Bank of Kuwait
Release National Accounts
Frequency Annual
Start Date 12/31/1985
End Date 12/31/2017

Kuwait: GDP

Reference Last Previous Units Frequency
Government Consumption 2017 9,114 8,497 Mil. KWD Annual
Investment 2017 10,541 9,903 Mil. KWD Annual
Nominal Gross Domestic Product 2017 36,260 33,055 Mil. KWD Annual
Private Consumption 2017 15,760 14,950 Mil. KWD Annual
Real Government Consumption 2017 7,543 7,252 Mil. 2010 KWD Annual
Real Gross Domestic Product 2017 39,280 40,697 Mil. 2010 KWD Annual
Real Investment 2017 9,258 8,798 Mil. 2010 KWD Annual
Real Private Consumption 2017 12,623 12,261 Mil. 2010 KWD Annual
Nominal Fixed Investment (gross fixed capital formation) 2009 5,479,000,000 6,985,000,000 NCU Annual

Release Information

Release coverage includes constant and current price National Accounts data on an expenditure basis. The classifications used are ISIC and SNA.  The national accounts compiled by the SCS cover the economic activity of all residents in Kuwait, including resident workers from abroad. The national accounts cover the whole territory of Kuwait.

Principal data sources used by the Central Bank of Kuwait include:

1. Government services are available from the final statement of accounts released by the government annually six months after the end of the reference year. These data are used in estimating both the production and expenditure sides of GDP;

2. Economic activity data are based on an annual field surveys conducted by the SCS of the private and public entities in each field of economic activity.

The data are not subject to revision. Preliminary data are available within 6 months of the end of the reference year; detailed data within 18-21 months.