Kuwait Consumer Spending

Kuwait · Annual series · EC-KW-CS

Latest, 2024

20.52B KWD

+5.5% from 2023

Open interactive chartKuwait Consumer Spending in the app

26.53B13.37B198M19652027
History through 2024, the forecast path to 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for 2027: 22.43B KWD, with an 80% interval of 17.39B KWD to 26.53B KWD.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
202521.09B KWD19.08B KWD22.60B KWD
202621.79B KWD17.52B KWD25.26B KWD
202722.43B KWD17.39B KWD26.53B KWD

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Supported evidence

The point forecast beat the no-change baseline overall and in a majority of the evaluated tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+19%Beats the no-change baseline over 12 tests (12 tests, 8 won)
Direction
72%No clear edge over a coin flip (26 of 36 calls right in 12 tests)
Turning points
n/aToo few tests (7 turns, 8 needed) (7 turns in 12 tests, 6 without a turn)
Error vs baseline
19% lowerError ratio 0.81; 1.00 is a tie.
Tests won
8 / 12Complete rolling backtests; ties count as no win.
Test period
1989-12-01 to 2024-12-013 observations ahead per test.
80% band coverage
83%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

That is the highest of the 10 readings since 2015.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
202420.52B KWD
202319.46B KWD
202218.31B KWD
202117.31B KWD
202015.56B KWD
201917.18B KWD
201816.59B KWD
201715.85B KWD
201614.95B KWD
201514.32B KWD
201413.41B KWD
201312.42B KWD
201211.52B KWD
201110.31B KWD
20109.56B KWD
200910.22B KWD
200811.15B KWD
20079.92B KWD
20068.42B KWD
20057.59B KWD
20046.56B KWD
20036.10B KWD
20025.75B KWD
20014.95B KWD

Source

Data: public market data feeds.

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