Kuwait External Debt: % of GDP

2014 - 2020 | Yearly | % | CEIC Data

Key information about Kuwait External Debt: % of GDP

  • Kuwait External Debt accounted for 58.5 % of the country's Nominal GDP in 2020, compared with the ratio of 38.9 % in the previous year.
  • Kuwait External Debt: % of Nominal GDP data is updated yearly, available from Dec 2014 to Dec 2020.
  • The data reached an all-time high of 58.5 % in Dec 2020 and a record low of 23.5 % in Dec 2014.

CEIC calculates annual External Debt as% of Nominal GDP from annual External Debt and quarterly Nominal GDP. The Central Bank of Kuwait provides External Debt in KWD. The Central Statistical Bureau provides Nominal GDP in local currency.


Related information about Kuwait External Debt: % of GDP

  • In the latest reports of Kuwait, Current Account recorded a surplus of 13.1 USD bn in Mar 2022.
  • Foreign Direct Investment (FDI) fell by 65.4 USD mn in Mar 2022.
  • Kuwait Direct Investment Abroad expanded by 2.6 USD bn in Mar 2022.
  • Its Foreign Portfolio Investment fell by 3.7 USD bn in Mar 2022.
  • The country's External Debt reached 59,551.5 in Mar 2022.
  • The country's Nominal GDP was reported at 28.0 USD bn in Dec 2020.

View Kuwait's External Debt: % of GDP from 2014 to 2020 in the chart:

Kuwait External Debt: % of GDP

What was Kuwait's External Debt: % of GDP in 2020?

Kuwait External Debt accounted for 58.5 % of the country's Nominal GDP in 2020, compared with the ratio of 38.9 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
58.5 2020 38.9 2019 23.5 2014 58.5 2020 % yearly 2014 - 2020

External Debt: % of GDP by Country Comparison

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Includes External Debt: % of GDP on 109 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 63.2 2021 yearly 1991 - 2021
Algeria (%) 2.4 2020 yearly 1970 - 2020
Argentina (%) 56.6 2021 yearly 1994 - 2021
Armenia (%) 99.9 2021 yearly 2000 - 2021
Australia (%) 116.1 2021 yearly 1988 - 2021
Austria (%) 163.3 2021 yearly 1997 - 2021
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 58.5 Mar 2022 quarterly Dec 2000 - Mar 2022
Belgium (%) 258.3 2021 yearly 2007 - 2021
Bolivia (%) 38.8 2020 yearly 2006 - 2020
Bosnia and Herzegovina (%) 24.4 2021 yearly 1999 - 2021
Botswana (%) 8.6 2022 yearly 1995 - 2022
Brazil (%) 35.3 2021 yearly 1992 - 2021
Bulgaria (%) 58.4 2021 yearly 1999 - 2021
Cambodia (%) 75.1 2021 yearly 2010 - 2021
Canada (%) 135.0 2021 yearly 1990 - 2021
Chile (%) 75.4 2021 yearly 1971 - 2021
China (%) 15.5 2021 yearly 1985 - 2021
Colombia (%) 54.5 2021 yearly 1970 - 2021
Croatia (%) 74.6 2021 yearly 1998 - 2021
Cyprus (%) 699.5 2021 yearly 2004 - 2021
Czech Republic (%) 73.2 2021 yearly 1995 - 2021
Denmark (%) 151.0 2021 yearly 2005 - 2021
Ecuador (%) 54.0 2021 yearly 1970 - 2021
Egypt (%) 32.6 Jun 2022 quarterly Jun 1999 - Jun 2022
Estonia (%) 84.7 2021 yearly 1996 - 2021
European Union (%) 129.4 2021 yearly 2008 - 2021
Finland (%) 208.1 2021 yearly 1991 - 2021
France (%) 256.2 2021 yearly 2004 - 2021
Georgia (%) 117.7 2021 yearly 1999 - 2021
Germany (%) 169.4 2021 yearly 1999 - 2021
Ghana (%) 35.8 2021 yearly 1999 - 2021
Greece (%) 305.3 2021 yearly 2003 - 2021
Hong Kong SAR, China (%) 510.6 2021 yearly 2001 - 2021
Hungary (%) 157.7 2021 yearly 2006 - 2021
Iceland (%) 84.8 2021 yearly 1989 - 2021
India (%) 19.9 2022 yearly 1970 - 2022
Indonesia (%) 35.0 2021 yearly 2003 - 2021
Iran (%) 0.9 2021 yearly 1994 - 2021
Ireland (%) 681.1 2021 yearly 2002 - 2021
Israel (%) 32.8 2021 yearly 1998 - 2021
Italy (%) 138.0 2021 yearly 2002 - 2021
Ivory Coast (%) 24.0 2018 yearly 1994 - 2018
Japan (%) 97.9 2021 yearly 2003 - 2021
Jordan (%) 85.7 2021 yearly 1970 - 2021
Kazakhstan (%) 78.0 Jun 2022 quarterly Mar 2002 - Jun 2022
Kenya (%) 34.5 2021 yearly 2006 - 2021
South Korea (%) 34.9 2021 yearly 1994 - 2021
Kosovo (%) 37.4 2021 yearly 2007 - 2021
Kuwait (%) 58.5 2020 yearly 2014 - 2020
Kyrgyzstan (%) 106.1 2021 yearly 2003 - 2021
Laos (%) 53.8 2021 yearly 1996 - 2021
Latvia (%) 101.5 Sep 2022 quarterly Mar 2000 - Sep 2022
Lebanon (%) 53.0 2020 yearly 2007 - 2020
Lithuania (%) 77.0 2021 yearly 1996 - 2021
Luxembourg (%) 4,874.0 2021 yearly 2002 - 2021
North Macedonia (%) 81.4 2021 yearly 2004 - 2021
Malawi (%) 39.4 2014 yearly 2006 - 2014
Malaysia (%) 70.0 2021 yearly 2009 - 2021
Malta (%) 620.7 2021 yearly 2004 - 2021
Mauritius (%) 2,061.8 2021 yearly 2009 - 2021
Mexico (%) 47.1 2021 yearly 2002 - 2021
Moldova (%) 65.9 2021 yearly 2000 - 2021
Mongolia (%) 221.1 2021 yearly 1992 - 2021
Montenegro (%) 203.8 2020 yearly 2006 - 2020
Morocco (%) 46.9 2021 yearly 1970 - 2021
Mozambique (%) 71.7 2020 yearly 1985 - 2020
Myanmar (%) 16.7 2020 yearly 2018 - 2020
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 412.2 2021 yearly 2003 - 2021
New Zealand (%) 87.9 2021 yearly 1993 - 2021
Nigeria (%) 8.8 2021 yearly 1985 - 2021
Norway (%) 151.9 2021 yearly 2003 - 2021
Pakistan (%) 34.5 2022 yearly 2000 - 2022
Palestinian Territory (%) 12.0 2021 yearly 2012 - 2021
Panama (%) 177.4 2021 yearly 2014 - 2021
Paraguay (%) 50.4 2021 yearly 2000 - 2021
Peru (%) 45.2 2021 yearly 1980 - 2021
Philippines (%) 27.0 2021 yearly 1990 - 2021
Poland (%) 56.6 2021 yearly 1995 - 2021
Portugal (%) 190.4 2021 yearly 1996 - 2021
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 56.9 2021 yearly 1995 - 2021
Russia (%) 27.1 2021 yearly 1993 - 2021
Serbia (%) 68.5 2021 yearly 2000 - 2021
Singapore (%) 448.3 2021 yearly 2003 - 2021
Slovakia (%) 135.1 2021 yearly 1995 - 2021
Slovenia (%) 97.3 2021 yearly 2001 - 2021
South Africa (%) 38.3 2021 yearly 1985 - 2021
Spain (%) 192.9 2021 yearly 1995 - 2021
Sri Lanka (%) 57.7 2020 yearly 1998 - 2020
Sudan (%) 105.1 2020 yearly 2001 - 2020
Sweden (%) 169.7 2021 yearly 1997 - 2021
Switzerland (%) 292.0 2021 yearly 1999 - 2021
Taiwan (%) 27.5 2021 yearly 1999 - 2021
Tajikistan (%) 40.6 2020 yearly 2000 - 2020
Thailand (%) 37.9 Jun 2022 quarterly Mar 2005 - Jun 2022
Tunisia (%) 93.1 2020 yearly 2002 - 2020
Turkey (%) 54.2 2021 yearly 1989 - 2021

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Kuwait Key Series

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Includes 184 key indicators for Kuwait, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -9.6 2019 yearly 1988 - 2019
Consolidated Fiscal Balance (USD mn) -9,912.225 2021 yearly 1988 - 2021
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.5 2020 yearly 1986 - 2020
National Government Debt (USD mn) 900.9 Sep 2022 monthly Dec 1993 - Sep 2022
Government Debt: % of GDP (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (KWD bn) 27.150 2027 yearly 1990 - 2027
Forecast: Government Net Debt (KWD bn) 7.632 2027 yearly 1991 - 2027
Forecast: Government Revenue (KWD bn) 28.077 2027 yearly 1990 - 2027
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 383.685 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 1,402.323 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd: Non Oil (KWD mn) 1,711.965 Feb 2022 monthly Apr 2018 - Feb 2022
Government Fiscal Balance: ytd (KWD mn) -401.505 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd: Current (KWD mn) 14,978.234 Feb 2022 monthly Apr 2018 - Feb 2022
Government Expenditure: ytd (KWD mn) 16,380.557 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd (KWD mn) 15,979.052 Feb 2022 monthly Apr 2018 - Feb 2022
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: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Expenditure: Current (KWD mn) 12,125.900 2016 yearly 1989 - 2016
Public Debt (KWD mn) 280.000 Sep 2022 monthly Dec 1993 - Sep 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.857 2027 yearly 1980 - 2027
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) 20,167.163 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 46,166.543 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 2,633.295 2021 yearly 1995 - 2021
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) 1,031,271.480 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 357,064.993 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 3.108 Aug 2022 monthly Jan 1973 - Aug 2022
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: Food and Live Animals (KWD mn) 39.900 Sep 2018 quarterly Sep 2014 - Sep 2018
Exports: SITC: Other Manufactured Articles (KWD mn) 36.800 Sep 2018 quarterly Sep 2014 - Sep 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,638.3 Mar 2022 quarterly Mar 2012 - Mar 2022
Current Account Balance (USD mn) 13,069.8 Mar 2022 quarterly Mar 2012 - Mar 2022
Current Account Balance: % of GDP (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Direct Investment (USD mn) -65.4 Mar 2022 quarterly Mar 2012 - Mar 2022
Foreign Direct Investment: % of GDP (%) -1.4 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment (USD mn) -3,715.414 Mar 2022 quarterly Mar 2012 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) 3.1 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 8.3 Mar 2022 quarterly Mar 2012 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -3,723.666 Mar 2022 quarterly Mar 2012 - Mar 2022
External Debt (USD mn) 59,551.5 Mar 2022 quarterly Mar 2018 - Mar 2022
External Debt: % of GDP (%) 58.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 29.190 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 90,220.165 2021 yearly 2001 - 2021
BoP: FA: OT: Assets (KWD mn) -2,795.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: CA: Debit (KWD mn) 0.000 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: Net Errors and Omissions (KWD mn) 493.000 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: 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: Capital Account: Debit (KWD mn) 5.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) 448.000 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: Financial Derivatives: Assets (KWD mn) -36.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Number of Investment Companies (Unit) 43.000 Sep 2022 monthly Mar 2005 - Sep 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Jun 2022 quarterly Mar 2012 - Jun 2022
Household Debt: % of GDP (%) 1.7 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply M1 (USD mn) 39,376.543 Aug 2022 monthly Jan 1994 - Aug 2022
Money Supply M2 (USD mn) 121,046.654 Sep 2022 monthly Jan 1994 - Sep 2022
M2 Growth (%) 3.7 Sep 2022 monthly Jan 1995 - Sep 2022
Foreign Exchange Reserves (USD mn) 39,959.8 Sep 2022 monthly Jan 1964 - Sep 2022
Foreign Exchange Reserves: % of GDP (%) 42.914 Dec 2020 quarterly Dec 2010 - Dec 2020
Foreign Exchange Reserves: Months of Import (NA) 14.1 Dec 2021 quarterly Mar 1973 - Dec 2021
Gold Reserves (USD mn) 101.995 Sep 2022 monthly Dec 1961 - Sep 2022
Total Deposits (USD mn) 150,876.126 Sep 2022 monthly Jan 1994 - Sep 2022
Total Deposits Growth (%) 5.3 Sep 2022 monthly Jan 1995 - Sep 2022
Domestic Credit (USD mn) 125,489.1 Sep 2022 monthly Jan 1994 - Sep 2022
Domestic Credit Growth (%) 2.7 Sep 2022 monthly Jan 1995 - Sep 2022
Household Debt (USD mn) 1,250.3 Sep 2022 monthly Jan 2002 - Sep 2022
Total Loans (USD mn) 167,686.937 Sep 2022 monthly Jan 1994 - Sep 2022
Total Loans Growth (%) 10.36 Sep 2022 monthly Jan 1995 - Sep 2022
Private Debt: % of Nominal GDP (%) 119.16 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,662.600 Sep 2022 monthly Jan 1994 - Sep 2022
Money Supply: M3 (KWD mn) 37,621.300 Sep 2022 monthly Jan 1994 - Sep 2022
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 11,990.100 Sep 2022 monthly Jan 1994 - Sep 2022
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 37,621.300 Sep 2022 monthly Jan 1994 - Sep 2022
Local Banks Time Deposits (KWD mn) 62,523.200 Sep 2022 monthly Jan 1994 - Sep 2022

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