Kuwait External Debt: % of GDP

2014 - 2020 | Yearly | % | CEIC Data

Key information about Kuwait`s External Debt: % of GDP

  • Kuwait External Debt accounted for 50.5 % 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 50.5 % 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`s External Debt: % of GDP

  • In the latest reports of Kuwait, Current Account recorded a surplus of 8.1 USD bn in Sep 2020.
  • Foreign Direct Investment (FDI) increased by 60.8 USD mn in Sep 2020.
  • Kuwait Direct Investment Abroad fell by 518.0 USD mn in Mar 2021.
  • Its Foreign Portfolio Investment increased by 519.6 USD mn in Mar 2021.
  • The country's External Debt reached 53,819.1 in Sep 2020.
  • The country's Nominal GDP was reported at 25.8 USD bn in Sep 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 50.5 % 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
50.5 2020 38.9 2019 23.5 2014 50.5 2020 % yearly 2014 - 2020

External Debt: % of GDP by Country Comparison

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Includes External Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 65.6 2020 yearly 1991 - 2020
Algeria (%) 2.2 2019 yearly 1970 - 2019
Argentina (%) 70.7 2020 yearly 1994 - 2020
Armenia (%) 102.3 2020 yearly 2000 - 2020
Australia (%) 129.1 2020 yearly 1988 - 2020
Austria (%) 164.9 2020 yearly 1997 - 2020
Azerbaijan (%) 20.7 Dec 2020 quarterly Dec 2001 - Dec 2020
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 70.2 Dec 2020 quarterly Dec 2000 - Dec 2020
Belgium (%) 261.0 2020 yearly 2007 - 2020
Bolivia (%) 38.8 2020 yearly 2006 - 2020
Bosnia and Herzegovina (%) 25.5 2020 yearly 1999 - 2020
Botswana (%) 8.6 2020 yearly 1995 - 2020
Brazil (%) 38.4 2020 yearly 1992 - 2020
Bulgaria (%) 64.6 2020 yearly 1999 - 2020
Cambodia (%) 69.9 2020 yearly 2010 - 2020
Canada (%) 142.8 2020 yearly 1990 - 2020
Chile (%) 82.4 2020 yearly 1971 - 2020
China (%) 16.3 2020 yearly 1985 - 2020
Colombia (%) 56.7 2020 yearly 1970 - 2020
Croatia (%) 87.9 2020 yearly 1998 - 2020
Cyprus (%) 908.4 2020 yearly 2004 - 2020
Czech Republic (%) 75.5 2020 yearly 1995 - 2020
Denmark (%) 157.0 2020 yearly 2005 - 2020
Ecuador (%) 57.4 2020 yearly 1970 - 2020
Egypt (%) 33.9 Sep 2020 quarterly Jun 1999 - Sep 2020
Estonia (%) 91.1 2020 yearly 1996 - 2020
European Union (%) 130.3 2020 yearly 2008 - 2020
Finland (%) 225.1 2020 yearly 1991 - 2020
France (%) 261.7 2020 yearly 2004 - 2020
Georgia (%) 129.8 2020 yearly 1999 - 2020
Germany (%) 163.3 2020 yearly 1999 - 2020
Ghana (%) 34.2 2020 yearly 1999 - 2020
Greece (%) 299.1 2020 yearly 2003 - 2020
Hong Kong SAR, China (%) 514.2 2020 yearly 2001 - 2020
Hungary (%) 155.9 2020 yearly 2006 - 2020
Iceland (%) 83.5 2020 yearly 1989 - 2020
India (%) 21.1 2021 yearly 1970 - 2021
Indonesia (%) 39.4 2020 yearly 2003 - 2020
Iran (%) 1.0 2021 yearly 1994 - 2021
Ireland (%) 701.2 2020 yearly 2002 - 2020
Israel (%) 32.9 2020 yearly 1998 - 2020
Italy (%) 140.2 2020 yearly 2002 - 2020
Ivory Coast (%) 24.0 2018 yearly 1994 - 2018
Japan (%) 92.8 2020 yearly 2003 - 2020
Jordan (%) 82.1 2020 yearly 1970 - 2020
Kazakhstan (%) 96.5 Dec 2020 quarterly Mar 2002 - Dec 2020
Kenya (%) 33.1 2019 yearly 2015 - 2019
South Korea (%) 33.3 2020 yearly 1994 - 2020
Kosovo (%) 37.2 2020 yearly 2007 - 2020
Kuwait (%) 50.5 2020 yearly 2014 - 2020
Kyrgyzstan (%) 112.9 2020 yearly 2003 - 2020
Laos (%) 52.6 2019 yearly 1996 - 2019
Latvia (%) 124.2 Dec 2020 quarterly Mar 2000 - Dec 2020
Lebanon (%) 62.8 2019 yearly 2007 - 2019
Lithuania (%) 75.7 2020 yearly 1996 - 2020
Luxembourg (%) 5,166.8 2020 yearly 2002 - 2020
North Macedonia (%) 80.2 2020 yearly 2004 - 2020
Malawi (%) 39.4 2014 yearly 2006 - 2014
Malaysia (%) 67.6 2020 yearly 2009 - 2020
Malta (%) 678.6 2020 yearly 2004 - 2020
Mauritius (%) 2,062.5 2020 yearly 2009 - 2020
Mexico (%) 42.8 2020 yearly 2002 - 2020
Moldova (%) 70.1 2020 yearly 2000 - 2020
Mongolia (%) 243.1 2020 yearly 1992 - 2020
Montenegro (%) 203.8 2020 yearly 2006 - 2020
Morocco (%) 53.5 2020 yearly 1970 - 2020
Mozambique (%) 71.8 2017 yearly 1985 - 2017
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 443.8 2020 yearly 2003 - 2020
New Zealand (%) 90.3 2020 yearly 1993 - 2020
Nigeria (%) 7.8 2020 yearly 1985 - 2020
Norway (%) 180.3 2020 yearly 2003 - 2020
Pakistan (%) 41.0 2021 yearly 2000 - 2021
Palestinian Territory (%) 35.4 2018 yearly 2012 - 2018
Panama (%) 201.9 2020 yearly 2014 - 2020
Paraguay (%) 53.8 2020 yearly 2000 - 2020
Peru (%) 43.3 2020 yearly 1980 - 2020
Philippines (%) 27.2 2020 yearly 1990 - 2020
Poland (%) 60.6 2020 yearly 1995 - 2020
Portugal (%) 205.2 2020 yearly 1996 - 2020
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 58.1 2020 yearly 1995 - 2020
Russia (%) 31.5 2020 yearly 1993 - 2020
Serbia (%) 61.5 2020 yearly 2000 - 2020
Singapore (%) 471.3 2020 yearly 2003 - 2020
Slovakia (%) 120.5 2020 yearly 1995 - 2020
Slovenia (%) 101.9 2020 yearly 2001 - 2020
South Africa (%) 50.8 2020 yearly 1985 - 2020
Spain (%) 198.8 2020 yearly 1995 - 2020
Sri Lanka (%) 61.1 2020 yearly 1994 - 2020
Sudan (%) 120.5 2019 yearly 2001 - 2019
Sweden (%) 164.2 2020 yearly 1997 - 2020
Switzerland (%) 283.3 2020 yearly 1999 - 2020
Taiwan (%) 28.4 2020 yearly 1999 - 2020
Tajikistan (%) 37.5 2020 yearly 2000 - 2020
Thailand (%) 36.7 Dec 2020 quarterly Mar 2005 - Dec 2020
Tunisia (%) 100.9 2020 yearly 2002 - 2020
Turkey (%) 60.4 2020 yearly 1989 - 2020
Ukraine (%) 80.8 2020 yearly 1993 - 2020

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Kuwait Key Series

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Includes 192 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) -12,891.871 2019 yearly 1988 - 2019
Tax Revenue (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Tax Revenue: % of GDP (%) 1.3 2019 yearly 1986 - 2019
National Government Debt (USD mn) 3,149.3 Sep 2021 monthly Dec 1993 - Sep 2021
Government Debt: % of GDP (%) 3.2 Sep 2020 quarterly Dec 2010 - Sep 2020
Forecast: Government Expenditure (KWD bn) 24.931 2026 yearly 1990 - 2026
Forecast: Government Net Debt (KWD bn) 28.344 2026 yearly 1991 - 2026
Forecast: Government Revenue (KWD bn) 24.388 2026 yearly 1990 - 2026
Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 192.727 Aug 2021 monthly Apr 2018 - Aug 2021
Government Expenditure: ytd (KWD mn) 7,574.777 Aug 2021 monthly Apr 2018 - Aug 2021
Government Revenue: ytd (KWD mn) 6,756.642 Aug 2021 monthly Apr 2018 - Aug 2021
Government Revenue: ytd: Non Oil (KWD mn) 664.480 Aug 2021 monthly Apr 2018 - Aug 2021
Government Fiscal Balance: ytd (KWD mn) -818.134 Aug 2021 monthly Apr 2018 - Aug 2021
Government Expenditure: ytd: Current (KWD mn) 6,968.939 Aug 2021 monthly Apr 2018 - Aug 2021
Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) 605.838 Aug 2021 monthly Apr 2018 - Aug 2021
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 Expenditure: Capital (KWD mn) 226.000 2016 yearly 1989 - 2016
Government Revenue (KWD mn) 13,633.900 2016 yearly 1987 - 2016
Government Surplus/Deficit (KWD mn) -10,772.490 2021 yearly 1989 - 2021
Public Debt (KWD mn) 950.000 Sep 2021 monthly Dec 1993 - Sep 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.993 2026 yearly 1980 - 2026
Trade Balance (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Total Exports (USD mn) 4,090.9 Dec 2020 monthly Jan 1993 - Dec 2020
Total Exports Growth (%) -29.9 Dec 2020 monthly Jan 1994 - Dec 2020
Aluminum: Exports (USD th) 8,792.473 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 36,500.470 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 1,725.653 2020 yearly 1995 - 2020
Total Imports (USD mn) 2,427.0 Feb 2021 monthly Jan 1992 - Feb 2021
Total Imports Growth (%) -5.9 Dec 2020 monthly Jan 1993 - Dec 2020
Imports: Medicament (USD th) 821,416.568 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 268,529.091 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 0.143 Oct 2020 monthly Jan 1973 - Oct 2020
Total Imports from USA (USD mn) 242.817 Dec 2020 monthly Jan 2017 - Dec 2020
Total Exports to China (USD mn) 31.662 Feb 2021 monthly Jan 2017 - Feb 2021
Total Imports from China (USD mn) 456.091 Jan 2021 monthly Jan 2017 - Jan 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) -518.0 Mar 2021 quarterly Mar 2012 - Mar 2021
Current Account Balance (USD mn) 8,084.3 Sep 2020 quarterly Mar 2012 - Sep 2020
Current Account Balance: % of GDP (%) 31.3 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Direct Investment (USD mn) 60.8 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Direct Investment: % of GDP (%) 0.2 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment (USD mn) 519.641 Mar 2021 quarterly Mar 2012 - Mar 2021
Foreign Portfolio Investment: % of GDP (%) -0.9 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 39.5 Sep 2020 quarterly Mar 2012 - Sep 2020
Foreign Portfolio Investment: Debt Securities (USD mn) -274.691 Sep 2020 quarterly Mar 2012 - Sep 2020
External Debt (USD mn) 53,819.1 Sep 2020 quarterly Mar 2018 - Sep 2020
External Debt: % of GDP (%) 50.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 13.480 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 93,856.844 2019 yearly 2001 - 2019
BoP: CA: Primary Income: Debit (KWD mn) 0.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: Portfolio Investment: Liabilities (KWD mn) 10.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: 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: 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: 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: Financial Derivatives: Assets (KWD mn) -36.000 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: Other Investments (OT) (KWD mn) -1,407.000 Sep 2018 quarterly Mar 2012 - Sep 2018
BoP: FA: OT: Liabilities (KWD mn) 1,389.000 Sep 2018 quarterly Mar 2012 - Sep 2018
Number of Investment Companies (Unit) 53.000 Sep 2021 monthly Mar 2005 - Sep 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.8 Sep 2019 quarterly Mar 2017 - Sep 2019
Household Debt: % of GDP (%) 1.3 Sep 2020 quarterly Dec 2010 - Sep 2020
Money Supply M1 (USD mn) 42,141.886 Sep 2021 monthly Jan 1994 - Sep 2021
Money Supply M2 (USD mn) 129,010.443 Sep 2021 monthly Jan 1994 - Sep 2021
M2 Growth (%) -2.9 Sep 2021 monthly Jan 1995 - Sep 2021
Foreign Exchange Reserves (USD mn) 40,960.3 Sep 2021 monthly Jan 1964 - Sep 2021
Foreign Exchange Reserves: % of GDP (%) 40.595 Sep 2020 quarterly Dec 2010 - Sep 2020
Foreign Exchange Reserves: Months of Import (NA) 20.9 Jun 2020 quarterly Mar 1973 - Jun 2020
Gold Reserves (USD mn) 105.229 Sep 2021 monthly Dec 1961 - Sep 2021
Total Deposits (USD mn) 147,572.684 Sep 2021 monthly Jan 1994 - Sep 2021
Total Deposits Growth (%) 3.4 Feb 2021 monthly Jan 1995 - Feb 2021
Domestic Credit (USD mn) 119,945.0 Sep 2021 monthly Jan 1994 - Sep 2021
Domestic Credit Growth (%) 7.3 Sep 2021 monthly Jan 1995 - Sep 2021
Household Debt (USD mn) 1,959.2 Sep 2021 monthly Jan 2002 - Sep 2021
Total Loans (USD mn) 132,579.427 Feb 2021 monthly Jan 1994 - Feb 2021
Total Loans Growth (%) 2.87 Apr 2021 monthly Jan 1995 - Apr 2021
Private Debt: % of Nominal GDP (%) 114.09 Sep 2020 quarterly Dec 2010 - Sep 2020
Money Supply: M3 (KWD mn) 38,916.000 Sep 2021 monthly Jan 1994 - Sep 2021
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,779.100 Sep 2021 monthly Jan 1994 - Sep 2021
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 12,712.100 Sep 2021 monthly Jan 1994 - Sep 2021
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 38,916.000 Sep 2021 monthly Jan 1994 - Sep 2021
Local Banks Time Deposits (KWD mn) 39,386.100 Sep 2021 monthly Jan 1994 - Sep 2021

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