PPP conversion factor, private consumption (LCU per international $) in Kuwait

Kuwait: PPP conversion factor, private consumption (LCU per international $) was 0.1838 LCU per international $ in 2024. ▲ Rising

Latest (2024)
0.1838 LCU per international $
Change on year
down 0.0%
World rank
203rd
of 204 countries
All-time high
0.1974 LCU per international $
in 2015
All-time low
0.1479 LCU per international $
in 2004
Years of data
35
1990–2024

PPP conversion factor, private consumption in Kuwait, 1990–2024

00.050.10.150.21990200720241990: 0.163 LCU per international $1991: 0.171 LCU per international $1992: 0.165 LCU per international $1993: 0.161 LCU per international $1994: 0.16 LCU per international $1995: 0.16 LCU per international $1996: 0.161 LCU per international $1997: 0.159 LCU per international $1998: 0.156 LCU per international $1999: 0.158 LCU per international $2000: 0.155 LCU per international $2001: 0.153 LCU per international $2002: 0.152 LCU per international $2003: 0.15 LCU per international $2004: 0.148 LCU per international $2005: 0.149 LCU per international $2006: 0.149 LCU per international $2007: 0.152 LCU per international $2008: 0.162 LCU per international $2009: 0.17 LCU per international $2010: 0.175 LCU per international $2011: 0.178 LCU per international $2012: 0.183 LCU per international $2013: 0.192 LCU per international $2014: 0.192 LCU per international $2015: 0.197 LCU per international $2016: 0.193 LCU per international $2017: 0.191 LCU per international $2018: 0.186 LCU per international $2019: 0.188 LCU per international $2020: 0.193 LCU per international $2021: 0.192 LCU per international $2022: 0.185 LCU per international $2023: 0.184 LCU per international $2024: 0.184 LCU per international $

Source: UNESCO Institute for Statistics. Measured in LCU per international $.

Analysis

In 2024, ppp conversion factor, private consumption in Kuwait stood at 0.1838 LCU per international $.

Compared with earlier readings it is down 4.2% over ten years.

Over the whole period, ppp conversion factor, private consumption in Kuwait peaked at 0.1974 LCU per international $ in 2015 and was at its lowest, 0.1479 LCU per international $, in 2004.

Kuwait ranks 203rd of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 35 years of available data.

PPP conversion factor, private consumption (LCU per international $) in Kuwait, year by year

Annual values for PPP conversion factor, private consumption (LCU per international $) in Kuwait, 1990 to 2024.
Year LCU per international $ Change
1990 0.163 LCU per international $ —
1991 0.1706 LCU per international $ +4.6%
1992 0.1647 LCU per international $ -3.5%
1993 0.1605 LCU per international $ -2.5%
1994 0.1604 LCU per international $ -0.1%
1995 0.1603 LCU per international $ -0.1%
1996 0.1612 LCU per international $ +0.6%
1997 0.1586 LCU per international $ -1.6%
1998 0.1564 LCU per international $ -1.4%
1999 0.1576 LCU per international $ +0.8%
2000 0.1552 LCU per international $ -1.5%
2001 0.1529 LCU per international $ -1.5%
2002 0.1519 LCU per international $ -0.7%
2003 0.1499 LCU per international $ -1.3%
2004 0.1479 LCU per international $ -1.4%
2005 0.1489 LCU per international $ +0.7%
2006 0.1487 LCU per international $ -0.2%
2007 0.1525 LCU per international $ +2.6%
2008 0.1624 LCU per international $ +6.5%
2009 0.1705 LCU per international $ +5.0%
2010 0.1753 LCU per international $ +2.8%
2011 0.1781 LCU per international $ +1.6%
2012 0.1828 LCU per international $ +2.6%
2013 0.1918 LCU per international $ +5.0%
2014 0.1918 LCU per international $ +0.0%
2015 0.1974 LCU per international $ +2.9%
2016 0.1931 LCU per international $ -2.2%
2017 0.1908 LCU per international $ -1.2%
2018 0.1861 LCU per international $ -2.4%
2019 0.1875 LCU per international $ +0.8%
2020 0.1935 LCU per international $ +3.2%
2021 0.1919 LCU per international $ -0.8%
2022 0.1847 LCU per international $ -3.7%
2023 0.1839 LCU per international $ -0.5%
2024 0.1838 LCU per international $ -0.0%

Kuwait compared with similar countries

  • Kuwait's 0.1838 LCU per international $ is below the median for high income countries, which is 1.11 LCU per international $, 17% of the median. (77 countries reporting)
  • Kuwait's 0.1838 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.71 LCU per international $, 5% of the median. (23 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1613 LCU per international $ 0.1564 LCU per international $ 0.1706 LCU per international $ 10
2000s 0.1541 LCU per international $ 0.1479 LCU per international $ 0.1705 LCU per international $ 10
2010s 0.1875 LCU per international $ 0.1753 LCU per international $ 0.1974 LCU per international $ 10
2020s 0.1875 LCU per international $ 0.1838 LCU per international $ 0.1935 LCU per international $ 5

Countries ranked near Kuwait

  1. 200 Jordan 0.3212 LCU per international $ compare
  2. 201 Bahrain 0.1887 LCU per international $ compare
  3. 202 Oman 0.185 LCU per international $ compare
  4. 204 Zimbabwe 0.0302 LCU per international $ compare

See the full ranking of 204 places →

More population data for Kuwait

All data for Kuwait →

Frequently asked questions

What is ppp conversion factor, private consumption in Kuwait?
Ppp conversion factor, private consumption in Kuwait was 0.1838 LCU per international $ in 2024, according to UNESCO Institute for Statistics.
What is the highest ppp conversion factor, private consumption recorded in Kuwait?
The highest recorded value was 0.1974 LCU per international $ in 2015.
What is the lowest ppp conversion factor, private consumption recorded in Kuwait?
The lowest recorded value was 0.1479 LCU per international $ in 2004.
How does Kuwait rank for ppp conversion factor, private consumption?
Kuwait ranks 203rd out of 204 countries with data for 2024.
Is ppp conversion factor, private consumption rising or falling in Kuwait?
Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
Where does this Kuwait data come from?
The figures come from UNESCO Institute for Statistics, published as part of PPP conversion factor, private consumption (LCU per international $). Statizoid updates them automatically from the source API.

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PPP conversion factor, private consumption in Kuwait. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 12 November 2026, from https://population.statizoid.com/stat/ppp-conversion-factor-private-consumption-lcu-per-international/kuwait/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release