Kuwait National accounts Stats
Definitions
- Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
- Local currency at current prices > Aggregate indicators > GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
- Local currency at current prices > Aggregate indicators > GNI > Current LCU: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
- Local currency at current prices > Aggregate indicators > Gross domestic savings > Current: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
- Local currency at current prices > Aggregate indicators > Gross savings > Current LCU: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency."
- Local currency at current prices > Aggregate indicators > Net income from abroad > Current: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency."
- Local currency at current prices > Expenditure on GDP > Changes in inventories > Current L: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current local currency."
- Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Etc: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.
- Local currency at current prices > Expenditure on GDP > General government final consumpti: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency."
- Local currency at current prices > Expenditure on GDP > Gross national expenditure > Curre: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency."
- Shares of GDP and other > External balance on goods and services > % of GDP: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
- Shares of GDP and other > Gross fixed capital formation > % of GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
- US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
- US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
- US$ at current prices > Expenditure on GDP > Changes in inventories > Current US$: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current U.S. dollars."
Citation
Kuwait Economy > National accounts Profiles (Subcategories)
| Growth rates 7 | Shares of GDP and other 14 |
| Local currency at constant prices 20 | US$ at constant 2000 prices 9 |
| Local currency at current prices 21 | US$ at current prices 16 |