Kuwait External Debt

2018 - 2025 | Quarterly | USD mn | CEIC Data

Key information about Kuwait External Debt

  • Kuwait External Debt reached 94.8 USD bn in Dec 2025, compared with 75.3 USD bn in the previous quarter.
  • Kuwait External Debt: USD mn data is updated quarterly, available from Mar 2018 to Dec 2025.
  • The data reached an all-time high of 94.8 USD bn in Dec 2025 and a record low of 50.3 USD bn in Sep 2019.

CEIC converts quarterly Gross External Debt in USD. Central Bank of Kuwait provides Gross External Debt in local currency. The Central Bank of Kuwait period end market exchange rate is used for currency conversions.


Related information about Kuwait External Debt
  • In the latest reports of Kuwait, Current Account recorded a surplus of 7.2 USD bn in Dec 2025.
  • Foreign Direct Investment (FDI) increased by 39.6 USD mn in Dec 2025.
  • Kuwait Direct Investment Abroad fell by 2.9 USD bn in Dec 2025.
  • Its Foreign Portfolio Investment increased by 15.0 USD bn in Dec 2025.
  • The country's Nominal GDP was reported at 37.7 USD bn in Jun 2025.

View Kuwait's External Debt from Mar 2018 to Dec 2025 in the chart:

Kuwait External Debt

What was Kuwait's External Debt in Dec 2025?

Kuwait External Debt reached 94.8 USD bn in Dec 2025, compared with 75.3 USD bn in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
94,837.9 Dec 2025 75,266.9 Sep 2025 50,257.9 Sep 2019 94,837.9 Dec 2025 USD mn quarterly Mar 2018 - Dec 2025

External Debt by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 11,914.4 Mar 2026 quarterly Dec 2003 - Mar 2026
Algeria (USD mn) 3,838.0 Dec 2019 quarterly Mar 2007 - Dec 2019
Argentina (USD mn) 321,782.8 Mar 2026 quarterly Mar 2006 - Mar 2026
Armenia (USD mn) 6,710.3 Jul 2026 monthly Dec 2012 - Jul 2026
Australia (USD mn) 2,239,645.4 Jun 2026 quarterly Sep 1988 - Jun 2026
Austria (USD mn) 937,307.2 Mar 2026 quarterly Mar 1997 - Mar 2026
Azerbaijan (USD mn) 4,813.5 Dec 2025 quarterly Dec 2001 - Dec 2025
Bangladesh (USD mn) 110,930.1 Mar 2026 quarterly Sep 2011 - Mar 2026
Belarus (USD mn) 38,295.6 Mar 2026 quarterly Dec 1995 - Mar 2026
Belgium (USD mn) 1,841,247.9 Mar 2026 quarterly Mar 2007 - Mar 2026
Bolivia (USD mn) 15,445.2 Mar 2026 quarterly Mar 2006 - Mar 2026
Bosnia and Herzegovina (USD mn) 5,572.7 Mar 2026 quarterly Mar 2000 - Mar 2026
Botswana (USD mn) 1,498.8 2025 yearly 1994 - 2025
Brazil (USD mn) 694,109.6 Jun 2026 quarterly Dec 1999 - Jun 2026
Bulgaria (USD mn) 79,509.1 Jun 2026 monthly Jan 1999 - Jun 2026
Cambodia (USD mn) 19,368.9 Mar 2026 quarterly Mar 2010 - Mar 2026
Canada (USD mn) 3,468,211.9 Mar 2026 quarterly Mar 1990 - Mar 2026
Chile (USD mn) 295,078.3 Jul 2026 monthly Dec 1995 - Jul 2026
China (USD mn) 2,412,079.9 Mar 2026 quarterly Jun 2003 - Mar 2026
Colombia (USD mn) 211,584.3 Sep 2025 monthly Jan 2001 - Sep 2025
Croatia (USD mn) 76,790.8 Mar 2026 monthly Dec 1998 - Mar 2026
Cyprus (USD mn) 261,071.6 Mar 2026 quarterly Mar 2008 - Mar 2026
Czech Republic (USD mn) 275,438.3 Dec 2025 quarterly Dec 1993 - Dec 2025
Denmark (USD mn) 687,617.9 Dec 2025 quarterly Dec 2005 - Dec 2025
Ecuador (USD mn) 65,925.3 Jun 2026 monthly Jan 1994 - Jun 2026
Egypt (USD mn) 164,776.4 Mar 2026 quarterly Jun 1997 - Mar 2026
Estonia (USD mn) 49,874.3 Jun 2026 quarterly Mar 1996 - Jun 2026
European Union (USD mn) 20,185,195.6 Mar 2026 quarterly Mar 2013 - Mar 2026
Finland (USD mn) 683,145.3 Mar 2026 quarterly Mar 1991 - Mar 2026
France (USD mn) 9,249,481.5 Mar 2026 quarterly Jun 2004 - Mar 2026
Georgia (USD mn) 27,112.8 Mar 2026 quarterly Dec 1999 - Mar 2026
Germany (USD mn) 8,139,666.9 Mar 2026 quarterly Jun 1999 - Mar 2026
Ghana (USD mn) 29,119.8 Mar 2026 monthly Jan 2012 - Mar 2026
Greece (USD mn) 692,853.6 Dec 2025 quarterly Dec 2003 - Dec 2025
Hong Kong SAR, China (USD mn) 2,121,220.9 Mar 2026 quarterly Mar 2001 - Mar 2026
Hungary (USD mn) 313,632.0 Mar 2026 quarterly Mar 2006 - Mar 2026
Iceland (USD mn) 29,822.5 Dec 2025 quarterly Dec 1989 - Dec 2025
India (USD mn) 762,765.6 Mar 2026 quarterly Sep 1999 - Mar 2026
Indonesia (USD mn) 453,368.5 Jun 2026 monthly Jan 2008 - Jun 2026
Iran (USD mn) 4,861.6 2025 yearly 1994 - 2025
Ireland (USD mn) 3,966,605.3 Jun 2026 quarterly Dec 2002 - Jun 2026
Israel (USD mn) 175,192.3 Mar 2026 quarterly Mar 2011 - Mar 2026
Italy (USD mn) 3,268,991.5 Mar 2026 quarterly Dec 2002 - Mar 2026
Ivory Coast (USD mn) 40,561.0 2024 yearly 1970 - 2024
Japan (USD mn) 4,526,941.0 Jun 2026 quarterly Mar 2003 - Jun 2026
Jordan (USD mn) 46,020.7 Mar 2026 quarterly Dec 2006 - Mar 2026
Kazakhstan (USD mn) 182,778.2 Mar 2026 quarterly Dec 2000 - Mar 2026
Kenya (USD mn) 43,668.9 May 2026 monthly Sep 1999 - May 2026
South Korea (USD mn) 812,831.9 Jun 2026 quarterly Dec 1994 - Jun 2026
Kosovo (USD mn) 5,617.7 Mar 2026 quarterly Dec 2011 - Mar 2026
Kuwait (USD mn) 94,837.9 Dec 2025 quarterly Mar 2018 - Dec 2025
Kyrgyzstan (USD mn) 12,526.6 Dec 2025 quarterly Dec 2005 - Dec 2025
Laos (USD mn) 10,961.3 2025 yearly 1996 - 2025
Latvia (USD mn) 52,269.8 Mar 2026 quarterly Mar 2000 - Mar 2026
Lebanon (USD mn) 34,590.0 Jun 2024 quarterly Dec 2007 - Jun 2024
Lithuania (USD mn) 102,075.2 Mar 2026 quarterly Dec 1996 - Mar 2026
Luxembourg (USD mn) 4,055,474.5 Mar 2026 quarterly Dec 2002 - Mar 2026
North Macedonia (USD mn) 14,863.9 Mar 2026 quarterly Dec 2005 - Mar 2026
Malawi (MWK mn) 5,887,049.3 2023 yearly 1984 - 2023
Malaysia (USD mn) 369,841.6 Jun 2026 quarterly Mar 2009 - Jun 2026
Malta (USD mn) 227,894.4 Mar 2026 quarterly Mar 2004 - Mar 2026
Mauritius (USD mn) 204,749.9 Jun 2026 quarterly Dec 2009 - Jun 2026
Mexico (USD mn) 447,827.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Moldova (USD mn) 12,088.2 Mar 2026 quarterly Mar 2009 - Mar 2026
Mongolia (USD mn) 40,217.5 Mar 2026 quarterly Mar 2000 - Mar 2026
Montenegro (USD mn) 8,741.3 2024 yearly 2006 - 2024
Morocco (USD mn) 64,781.6 Dec 2022 quarterly Dec 2006 - Dec 2022
Mozambique (USD mn) 9,721.2 2025 yearly 1985 - 2025
Myanmar (USD mn) 11,174.8 2024 yearly 1970 - 2024
Nepal (USD mn) 10,519.7 Sep 2024 quarterly Mar 2012 - Sep 2024
Netherlands (USD mn) 4,877,310.9 Mar 2026 quarterly Jun 2003 - Mar 2026
New Zealand (USD mn) 257,677.5 Mar 2026 quarterly Mar 1993 - Mar 2026
Nigeria (USD mn) 51,904.1 Mar 2026 quarterly Dec 2006 - Mar 2026
Norway (USD mn) 948,052.1 Jun 2026 quarterly Mar 2003 - Jun 2026
Pakistan (USD mn) 138,849.8 Jun 2026 quarterly Jun 2006 - Jun 2026
Palestinian Territory (USD mn) 1,535.0 Dec 2018 monthly Dec 2012 - Dec 2018
Panama (USD mn) 48,680.8 Dec 2025 monthly Jul 2004 - Dec 2025
Paraguay (USD mn) 29,733.3 Dec 2025 quarterly Mar 2008 - Dec 2025
Peru (USD mn) 135,147.5 Jun 2026 quarterly Mar 2012 - Jun 2026
Philippines (USD mn) 147,650.8 Dec 2025 quarterly Mar 2005 - Dec 2025
Poland (USD mn) 552,542.0 Mar 2026 quarterly Mar 1999 - Mar 2026
Portugal (USD mn) 543,991.9 Jun 2026 quarterly Mar 1996 - Jun 2026
Qatar (USD mn) 194,500.0 2018 yearly 2000 - 2018
Romania (USD mn) 259,675.2 Sep 2025 monthly Dec 2004 - Sep 2025
Russia (USD mn) 313,305.7 Jun 2026 quarterly Dec 2000 - Jun 2026
Serbia (USD mn) 59,933.0 Mar 2026 quarterly Mar 2003 - Mar 2026
Singapore (USD mn) 2,584,736.4 Mar 2026 quarterly Jun 2003 - Mar 2026
Slovakia (USD mn) 161,824.5 Dec 2025 quarterly Mar 1993 - Dec 2025
Slovenia (USD mn) 74,360.0 Sep 2025 monthly Dec 1994 - Sep 2025
South Africa (USD mn) 195,932.0 Mar 2026 quarterly Dec 1985 - Mar 2026
Spain (USD mn) 3,290,552.1 Mar 2026 quarterly Mar 1993 - Mar 2026
Sri Lanka (USD mn) 54,524.8 Mar 2026 quarterly Dec 2012 - Mar 2026
Sudan (USD mn) 70,800.0 2024 yearly 2001 - 2024
Sweden (USD mn) 1,173,337.6 Jun 2026 quarterly Mar 1999 - Jun 2026
Switzerland (USD mn) 2,519,516.6 Mar 2026 quarterly Dec 1999 - Mar 2026
Taiwan, China (USD mn) 236,510.0 Sep 2025 quarterly Jun 1999 - Sep 2025
Tajikistan (USD mn) 6,423.5 Mar 2026 quarterly Jun 2015 - Mar 2026
Thailand (USD mn) 209,742.9 Mar 2026 quarterly Mar 1999 - Mar 2026
Tunisia (USD mn) 42,946.5 Mar 2026 quarterly Dec 2009 - Mar 2026
Turkey (USD mn) 564,897.1 Sep 2025 quarterly Dec 1989 - Sep 2025

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Kuwait Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -15.0 2025 yearly 1988 - 2025
Consolidated Fiscal Balance (USD mn) -3,440.015 2024 yearly 1988 - 2024
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.2 2024 yearly 1986 - 2024
National Government Debt (USD mn) 12,024.7 Jul 2026 monthly Dec 1993 - Jul 2026
Government Debt: % of GDP (%) 4.7 Dec 2025 quarterly Dec 2010 - Dec 2025
Forecast: Government Expenditure (KWD bn) 29.604 2031 yearly 1985 - 2031
Forecast: Government Net Debt (KWD bn) 23.230 2031 yearly 1991 - 2031
Forecast: Government Revenue (KWD bn) 47.224 2031 yearly 1985 - 2031
Government Expenditure: ytd: Current (KWD mn) 21,978.132 Mar 2025 monthly Apr 2018 - Mar 2025
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,134.847 Mar 2025 monthly Apr 2018 - Mar 2025
Government Expenditure: ytd (KWD mn) 23,112.979 Mar 2025 monthly Apr 2018 - Mar 2025
Government Surplus/Deficit (KWD mn) -1,055.933 2025 yearly 1989 - 2025
Public Debt (KWD mn) 3,700.000 Jul 2026 monthly Dec 1993 - Jul 2026
Government Revenue: ytd (KWD mn) 23,644.325 Mar 2024 monthly Apr 2018 - Mar 2024
Government Fiscal Balance: ytd (KWD mn) -1,561.505 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 550.910 Mar 2024 monthly Apr 2018 - Mar 2024
Government Revenue: ytd: Non Oil (KWD mn) 2,116.770 Mar 2024 monthly Apr 2018 - Mar 2024
Government Expenditure (KWD mn) 18,245.900 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 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) 1,992.7 Mar 2026 monthly Jan 1993 - Mar 2026
Total Exports (USD mn) 3,854.6 Mar 2026 monthly Jan 1993 - Mar 2026
Total Exports Growth (%) -37.8 Mar 2026 monthly Jan 1994 - Mar 2026
Aluminum: Exports (USD th) 50,049.855 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 65,360.916 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 1,230.551 2025 yearly 1995 - 2025
Total Imports (USD mn) 1,861.9 Mar 2026 monthly Jan 1992 - Mar 2026
Total Imports Growth (%) -45.0 Mar 2026 monthly Jan 1993 - Mar 2026
Imports: Medicament (USD th) 1,414,894.651 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 569,695.057 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 0.126 May 2026 monthly Sep 1991 - May 2026
Total Imports from USA (USD mn) 98.345 Mar 2026 monthly Jan 2017 - Mar 2026
Total Exports to China (USD mn) 9.297 Mar 2026 monthly Jan 2017 - Mar 2026
Total Imports from China (USD mn) 343.644 Mar 2026 monthly Jan 2017 - Mar 2026
Exports: FOB: Growth Rate: YoY (%) -37.844 Mar 2026 monthly Apr 2020 - Mar 2026
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
Import Value Index (2015=100) 119.900 2024 yearly 2005 - 2024
Export Value Index (2015=100) 141.200 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2,936.2 Dec 2025 quarterly Mar 2012 - Dec 2025
Current Account Balance (USD mn) 7,200.8 Dec 2025 quarterly Mar 2012 - Dec 2025
Current Account Balance: % of GDP (%) 18.5 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Direct Investment (USD mn) 39.6 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Direct Investment: % of GDP (%) 0.1 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment (USD mn) 14,960.907 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 38.5 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 2,973.5 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 11,987.443 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt (USD mn) 94,837.9 Dec 2025 quarterly Mar 2018 - Dec 2025
External Debt: % of GDP (%) 60.1 2025 yearly 2014 - 2025
Forecast: Current Account Balance (USD bn) 28.640 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 100,998.363 2025 yearly 2001 - 2025
BoP: CA: Debit (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
BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Secondary Income: Credit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: Capital Account: Debit (KWD mn) 5.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Assets (KWD mn) -1,260.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: 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
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Mar 2026 quarterly Mar 2011 - Mar 2026
Household Debt: % of GDP (%) 0.7 Mar 2026 quarterly Dec 2010 - Mar 2026
Money Supply M1 (USD mn) 35,772.329 Jun 2026 monthly Jan 1994 - Jun 2026
Money Supply M2 (USD mn) 138,818.123 Jun 2026 monthly Jan 1994 - Jun 2026
M2 Growth (%) 1.9 Jul 2026 monthly Jan 1995 - Jul 2026
Foreign Exchange Reserves (USD mn) 29,233.0 Jul 2026 monthly Jan 1964 - Jul 2026
Foreign Exchange Reserves: % of GDP (%) 22.581 Dec 2025 quarterly Dec 2010 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 11.6 Mar 2026 quarterly Mar 1973 - Mar 2026
Gold Reserves (USD mn) 102.956 Jun 2026 monthly Dec 1961 - Jun 2026
Total Deposits (USD mn) 202,312.439 Jun 2026 monthly Jan 1994 - Jun 2026
Total Deposits Growth (%) 10.5 Jul 2026 monthly Jan 1995 - Jul 2026
Domestic Credit (USD mn) 160,457.3 Jul 2026 monthly Jan 1994 - Jul 2026
Domestic Credit Growth (%) 11.1 Jul 2026 monthly Jan 1995 - Jul 2026
Household Debt (USD mn) 2,480.0 Jul 2026 monthly Jan 2002 - Jul 2026
Total Loans (USD mn) 177,610.335 Jul 2026 monthly Jan 1994 - Jul 2026
Total Loans Growth (%) 4.76 Jul 2026 monthly Jan 1995 - Jul 2026
Private Debt: % of Nominal GDP (%) 109.74 Mar 2026 quarterly Dec 2010 - Mar 2026
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 42,842.500 Jul 2026 monthly Jan 1994 - Jul 2026
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,710.600 Jul 2026 monthly Jan 1994 - Jul 2026
Money Supply: M3 (KWD mn) 42,842.500 Jul 2026 monthly Jan 1994 - Jul 2026
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 11,014.300 Jun 2026 monthly Jan 1994 - Jun 2026
Local Banks Time Deposits (KWD mn) 76,987.400 Jul 2026 monthly Jan 1994 - Jul 2026

More Indicators for Kuwait

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