Kuwait Consolidated Fiscal Balance: % of GDP
1989 - 2019 | Yearly | % | CEIC Data
Key information about Kuwait Consolidated Fiscal Balance: % of GDP
- Kuwait Consolidated Fiscal Balance recorded a deficit equal to 9.6 % of its Nominal GDP in Dec 2019, compared with a deficit equal to 3.1 % in the previous year
- Kuwait Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 1989 to Dec 2019, with an average ratio of 5.1 %
- The data reached an all-time high of 29.1 % in Dec 2011 and a record low of -234.0 % in Dec 1991
Further information about Kuwait Consolidated Fiscal Balance: % of GDP
- In the latest reports, Kuwait National Government Debt reached 679.6 USD mn in Sep 2023
- Kuwait Nominal GDP reached 28.0 USD bn in Dec 2020
View Kuwait's Consolidated Fiscal Balance: % of GDP from 1989 to 2019 in the chart:
What was Kuwait's Consolidated Fiscal Balance: % of GDP in 2019?
Kuwait Consolidated Fiscal Balance recorded a deficit equal to 9.6 % of its Nominal GDP in Dec 2019, compared with a deficit equal to 3.1 % in the previous year See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -9.6 2019 | -3.1 2018 | -234.0 1991 | 29.1 2011 | % | yearly | 1989 - 2019 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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Includes Consolidated Fiscal Balance: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -3.7 2022 | yearly | 1997 - 2022 |
| Algeria (%) | -7.3 2021 | yearly | 1994 - 2021 |
| Argentina (%) | -4.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Armenia (%) | -1.4 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Australia (%) | -0.9 Jun 2023 | quarterly | Jun 2003 - Jun 2023 |
| Austria (%) | -4.1 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
| Azerbaijan (%) | 0.4 Jun 2021 | monthly | Dec 2004 - Jun 2021 |
| Bahrain (%) | -7.0 2021 | yearly | 1998 - 2021 |
| Bangladesh (%) | -5.1 2022 | yearly | 2006 - 2022 |
| Belarus (%) | -0.4 Sep 2021 | quarterly | Sep 2006 - Sep 2021 |
| Belgium (%) | -3.9 2022 | yearly | 1970 - 2022 |
| Bolivia (%) | -5.8 2022 | yearly | 1990 - 2022 |
| Bosnia and Herzegovina (%) | 4.7 Mar 2023 | quarterly | Dec 2008 - Mar 2023 |
| Botswana (%) | 2.5 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Brazil (%) | -5.6 Sep 2023 | quarterly | Dec 1997 - Sep 2023 |
| Brunei (%) | 1.3 2022 | yearly | 2010 - 2022 |
| Bulgaria (%) | -1.8 Sep 2023 | quarterly | Sep 2003 - Sep 2023 |
| Cambodia (%) | -0.2 2022 | yearly | 2007 - 2022 |
| Canada (%) | -1.7 Jun 2023 | quarterly | Jun 1993 - Jun 2023 |
| Chile (%) | 1.4 2022 | yearly | 1990 - 2022 |
| China (%) | -4.1 Sep 2023 | quarterly | Dec 1995 - Sep 2023 |
| Colombia (%) | -2.6 Dec 2022 | quarterly | Dec 2000 - Dec 2022 |
| Croatia (%) | -2.6 2021 | yearly | 2002 - 2021 |
| Cyprus (%) | 3.4 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Czech Republic (%) | -3.3 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Denmark (%) | 3.2 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Ecuador (%) | -1.1 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Estonia (%) | -1.7 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| European Union (%) | -3.3 2022 | yearly | 1995 - 2022 |
| Finland (%) | -1.5 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| France (%) | -5.0 Jun 2023 | quarterly | Dec 1949 - Jun 2023 |
| Georgia (%) | -2.0 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Germany (%) | -2.7 Sep 2023 | quarterly | Dec 1991 - Sep 2023 |
| Ghana (%) | -4.6 Jun 2023 | quarterly | Dec 2008 - Jun 2023 |
| Greece (%) | -1.3 Dec 2018 | monthly | Apr 1999 - Dec 2018 |
| Hong Kong SAR, China (%) | -5.6 Jun 2023 | quarterly | Sep 1999 - Jun 2023 |
| Hungary (%) | -8.2 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Iceland (%) | -1.5 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| India (%) | -6.6 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Indonesia (%) | -2.2 Sep 2023 | quarterly | Dec 2014 - Sep 2023 |
| Iran (%) | -4.3 Mar 2021 | quarterly | Mar 2006 - Mar 2021 |
| Ireland (%) | 2.2 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Israel (%) | -1.5 Sep 2023 | quarterly | Dec 1999 - Sep 2023 |
| Italy (%) | -8.0 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Ivory Coast (%) | -5.9 2022 | yearly | 1960 - 2022 |
| Japan (%) | -6.2 2024 | yearly | 1996 - 2024 |
| Jordan (%) | 1.0 2018 | yearly | 1999 - 2018 |
| Kazakhstan (%) | -2.5 Sep 2023 | quarterly | Dec 2008 - Sep 2023 |
| Kenya (%) | -2.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | -2.1 Jun 2023 | quarterly | Jun 2000 - Jun 2023 |
| Kosovo (%) | 0.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Kuwait (%) | -9.6 2019 | yearly | 1989 - 2019 |
| Kyrgyzstan (%) | 2.9 Sep 2023 | monthly | Jan 2007 - Sep 2023 |
| Laos (%) | -0.3 2022 | yearly | 2012 - 2022 |
| Latvia (%) | -3.0 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Lebanon (%) | -4.3 2020 | yearly | 1992 - 2020 |
| Lithuania (%) | -1.3 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Luxembourg (%) | -0.3 2022 | yearly | 1995 - 2022 |
| Macau SAR, China (%) | -33.3 Sep 2022 | quarterly | Dec 2003 - Sep 2022 |
| North Macedonia (%) | -4.5 2022 | yearly | 1993 - 2022 |
| Malawi (%) | -0.4 Jun 2023 | monthly | Apr 2005 - Jun 2023 |
| Malaysia (%) | -6.7 2022 | yearly | 1970 - 2022 |
| Malta (%) | -4.8 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Mauritius (%) | -4.9 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Mexico (%) | -4.0 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
| Moldova (%) | -3.3 2022 | yearly | 1998 - 2022 |
| Mongolia (%) | 3.3 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| Montenegro (%) | -0.5 Jun 2023 | quarterly | Dec 2012 - Jun 2023 |
| Morocco (%) | -11.8 2022 | yearly | 1980 - 2022 |
| Mozambique (%) | -2.7 2016 | yearly | 1996 - 2016 |
| Myanmar (%) | -7.6 2021 | yearly | 1986 - 2021 |
| Nepal (%) | -10.0 2018 | yearly | 2012 - 2018 |
| Netherlands (%) | -0.1 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | -0.5 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Nigeria (%) | -4.5 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Norway (%) | 23.3 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Oman (%) | 2.6 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Pakistan (%) | -7.9 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | -4.0 2020 | yearly | 2010 - 2020 |
| Panama (%) | -3.9 2022 | yearly | 2003 - 2022 |
| Paraguay (%) | -0.9 Jun 2023 | quarterly | Dec 2003 - Jun 2023 |
| Peru (%) | -2.9 Sep 2023 | quarterly | Dec 1990 - Sep 2023 |
| Philippines (%) | -6.7 Sep 2023 | quarterly | Dec 1985 - Sep 2023 |
| Poland (%) | -3.7 2022 | yearly | 1995 - 2022 |
| Portugal (%) | 0.0 Jun 2023 | quarterly | Sep 1999 - Jun 2023 |
| Qatar (%) | 5.5 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Romania (%) | -6.3 Jun 2023 | quarterly | Dec 2004 - Jun 2023 |
| Russia (%) | -4.7 Jun 2023 | quarterly | Dec 1993 - Jun 2023 |
| Saudi Arabia (%) | 2.5 2022 | yearly | 1969 - 2022 |
| Serbia (%) | -2.1 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Singapore (%) | 0.9 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Slovakia (%) | -6.2 2020 | yearly | 1995 - 2020 |
| Slovenia (%) | -3.3 Sep 2023 | quarterly | Dec 2000 - Sep 2023 |
| South Africa (%) | -5.4 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Spain (%) | -4.4 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Sri Lanka (%) | -10.5 Jun 2023 | quarterly | Dec 2014 - Jun 2023 |
| Sudan (%) | -0.6 2021 | yearly | 2001 - 2021 |
| Sweden (%) | 0.7 2022 | yearly | 1995 - 2022 |
| Switzerland (%) | 1.2 2022 | yearly | 1990 - 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -9.6 2019 | yearly | 1989 - 2019 |
| Consolidated Fiscal Balance (USD mn) | 20,745.883 2022 | yearly | 1989 - 2022 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.5 2020 | yearly | 1988 - 2020 |
| National Government Debt (USD mn) | 679.6 Sep 2023 | monthly | Dec 1993 - Sep 2023 |
| Government Debt: % of GDP (%) | 3.2 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Forecast: Government Expenditure (KWD bn) | 28.396 2028 | yearly | 1985 - 2028 |
| Forecast: Government Net Debt (KWD bn) | 9.523 2028 | yearly | 1991 - 2028 |
| Forecast: Government Revenue (KWD bn) | 29.444 2028 | yearly | 1985 - 2028 |
| Government Fiscal Balance: ytd (KWD mn) | 6,368.309 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 581.487 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 1,539.771 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Revenue: ytd: Non Oil (KWD mn) | 2,088.962 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Revenue: ytd (KWD mn) | 28,801.927 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Expenditure: ytd: Current (KWD mn) | 20,829.520 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Expenditure: ytd (KWD mn) | 22,369.291 Mar 2023 | monthly | Apr 2018 - Mar 2023 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Revenue: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,817.0 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports (USD mn) | 5,006.5 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Total Exports Growth (%) | 61.8 Mar 2021 | monthly | Jan 1994 - Mar 2021 |
| Aluminum: Exports (USD th) | 158,912.326 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 529,113.260 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 17,111.420 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 3,189.5 Mar 2021 | monthly | Jan 1992 - Mar 2021 |
| Total Imports Growth (%) | 27.7 Mar 2021 | monthly | Jan 1993 - Mar 2021 |
| Imports: Medicament (USD th) | 1,144,894.403 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 442,329.808 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 3.898 Jul 2023 | monthly | Jan 1973 - Jul 2023 |
| Total Imports from USA (USD mn) | 266.038 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Exports to China (USD mn) | 27.186 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Total Imports from China (USD mn) | 505.174 Mar 2021 | monthly | Jan 2017 - Mar 2021 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: SITC: Other Manufactured Articles (KWD mn) | 36.800 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Exports: SITC: Food and Live Animals (KWD mn) | 39.900 Sep 2018 | quarterly | Sep 2014 - Sep 2018 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 1,174.3 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Current Account Balance (USD mn) | 12,155.4 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Current Account Balance: % of GDP (%) | 0.5 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Direct Investment (USD mn) | 445.3 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Foreign Direct Investment: % of GDP (%) | -1.4 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Portfolio Investment (USD mn) | 271.903 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 3.1 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -99.8 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 371.666 Jun 2023 | quarterly | Mar 2012 - Jun 2023 |
| External Debt (USD mn) | 62,968.2 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| External Debt: % of GDP (%) | 58.5 2020 | yearly | 2014 - 2020 |
| Forecast: Current Account Balance (USD bn) | 29.379 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | 105,184.786 2022 | yearly | 2001 - 2022 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) | 5.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) | 1,389.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Household Debt: % of GDP (%) | 1.5 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Money Supply M1 (USD mn) | 34,985.761 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Money Supply M2 (USD mn) | 126,400.647 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| M2 Growth (%) | 3.8 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Foreign Exchange Reserves (USD mn) | 42,022.1 Sep 2023 | monthly | Jan 1964 - Sep 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 42.914 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 14.0 Jun 2023 | quarterly | Mar 1973 - Jun 2023 |
| Gold Reserves (USD mn) | 102.589 Sep 2023 | monthly | Dec 1961 - Sep 2023 |
| Total Deposits (USD mn) | 153,211.974 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Total Deposits Growth (%) | 1.0 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Domestic Credit (USD mn) | 126,672.2 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Domestic Credit Growth (%) | 0.4 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Household Debt (USD mn) | 868.3 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| Total Loans (USD mn) | 170,967.314 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Total Loans Growth (%) | 1.37 Sep 2023 | monthly | Jan 1995 - Sep 2023 |
| Private Debt: % of Nominal GDP (%) | 134.08 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Money Supply: M3 (KWD mn) | 39,057.800 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 39,057.800 Sep 2023 | monthly | Jan 1994 - Sep 2023 |
More Indicators for Kuwait
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