Kuwait Forecast: Real GDP Growth
1980 - 2027 | Yearly | % | International Monetary Fund
Key information about Kuwait Forecast: Real GDP Growth
- Kuwait Real GDP Growth is forecasted to be 8.228 % in Dec 2022 as reported by International Monetary Fund.
- It records an increase from the last reported number of 1.308 % in Dec 2021.
- Looking ahead, Kuwait Real GDP Growth is projected to stand at 2.655 % in Dec 2027.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Kuwait's Forecast: Real GDP Growth from 1980 to 2027 in the chart:
What is Kuwait's Forecast: Real GDP Growth in 2027?
Kuwait Real GDP Growth is forecasted to be 8.228 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.655 2027 | 2.650 2026 | -41.008 1991 | 82.809 1992 | % | yearly | 1980 - 2027 |
Forecast: Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 3.004 2026 | yearly | 2004 - 2026 |
| Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
| Andorra (%) | 1.500 2031 | yearly | 2001 - 2031 |
| Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
| Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
| Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
| Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
| Aruba (%) | 1.329 2031 | yearly | 1987 - 2031 |
| Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
| Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
| Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
| Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
| Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
| Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
| Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
| Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
| Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
| Bhutan (%) | 5.557 2031 | yearly | 1980 - 2031 |
| Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
| Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
| Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
| Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
| Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
| Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
| Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
| Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
| Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
| Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
| Canada (%) | 1.754 2031 | yearly | 1980 - 2031 |
| Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
| Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
| Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
| Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
| China (%) | 3.437 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
| Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
| Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
| Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
| Cyprus (%) | 3.000 2031 | yearly | 1980 - 2031 |
| Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
| Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
| Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
| Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
| Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
| Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
| Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
| Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
| El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
| Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
| Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
| Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
| Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
| Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
| Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
| Finland (%) | 1.173 2031 | yearly | 1980 - 2031 |
| France (%) | 1.450 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
| Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
| Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
| Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
| Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
| Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
| Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
| Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
| Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
| Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
| Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
| Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
| Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
| Iceland (%) | 2.375 2031 | yearly | 1980 - 2031 |
| India (%) | 6.042 2029 | yearly | 1981 - 2029 |
| Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
| Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
| Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
| Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
| Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
| Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
| Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
| Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
| Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
| Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
| South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
| Kosovo (%) | 3.960 2031 | yearly | 2001 - 2031 |
| Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
| Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
| Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
| Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
| Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
| Lesotho (%) | 1.512 2032 | yearly | 1981 - 2032 |
| Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
| Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doKuwait Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.1 2024 | yearly | 1988 - 2024 |
| Consolidated Fiscal Balance (USD mn) | -20,623.986 2025 | yearly | 1988 - 2025 |
| Tax Revenue (USD mn) | 128.142 Dec 2015 | monthly | Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) | 1.3 2025 | yearly | 1986 - 2025 |
| National Government Debt (USD mn) | 9,943.0 Apr 2026 | monthly | Dec 1993 - Apr 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: Purchases of Non Financial Assets (KWD mn) | 1,134.847 Mar 2025 | monthly | Apr 2018 - Mar 2025 |
| Government Expenditure: ytd: Current (KWD mn) | 21,978.132 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) | -6,306.500 2026 | yearly | 1989 - 2026 |
| Public Debt (KWD mn) | 3,050.000 Apr 2026 | monthly | Dec 1993 - Apr 2026 |
| 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 Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| 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 |
| Government Expenditure (KWD mn) | 18,245.900 2016 | yearly | 1989 - 2016 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,929.4 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports (USD mn) | 5,437.9 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Total Exports Growth (%) | -7.2 Feb 2026 | monthly | Jan 1994 - Feb 2026 |
| Aluminum: Exports (USD th) | 50,049.855 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 347,503.397 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 4,176.130 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 3,508.5 Feb 2026 | monthly | Jan 1992 - Feb 2026 |
| Total Imports Growth (%) | 12.8 Feb 2026 | monthly | Jan 1993 - Feb 2026 |
| Imports: Medicament (USD th) | 1,308,449.500 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 650,043.407 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 2.331 Feb 2026 | monthly | Sep 1991 - Feb 2026 |
| Total Imports from USA (USD mn) | 212.800 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Total Exports to China (USD mn) | 50.764 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Total Imports from China (USD mn) | 743.476 Feb 2026 | monthly | Jan 2017 - Feb 2026 |
| Exports: FOB: Growth Rate: YoY (%) | -7.203 Feb 2026 | monthly | Apr 2020 - Feb 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 |
| Export Value Index (2015=100) | 156.100 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 121.300 2023 | yearly | 1980 - 2023 |
| 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: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 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: 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: Capital Account: Debit (KWD mn) | 5.000 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: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) | 0.000 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: CA: Debit (KWD mn) | 0.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Household Debt: % of GDP (%) | 1.1 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Money Supply M1 (USD mn) | 36,744.254 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply M2 (USD mn) | 139,733.007 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| M2 Growth (%) | 2.2 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 33,729.2 Apr 2026 | monthly | Jan 1964 - Apr 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 22.581 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 9.2 Dec 2025 | quarterly | Mar 1973 - Dec 2025 |
| Gold Reserves (USD mn) | 103.341 Apr 2026 | monthly | Dec 1961 - Apr 2026 |
| Total Deposits (USD mn) | 201,897.311 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Deposits Growth (%) | 10.1 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Domestic Credit (USD mn) | 156,494.2 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Domestic Credit Growth (%) | 12.6 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Household Debt (USD mn) | 1,821.0 Apr 2026 | monthly | Jan 2002 - Apr 2026 |
| Total Loans (USD mn) | 177,007.335 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Total Loans Growth (%) | 6.70 Apr 2026 | monthly | Jan 1995 - Apr 2026 |
| Private Debt: % of Nominal GDP (%) | 106.68 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 42,863.100 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,857.200 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 11,271.300 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Money Supply: M3 (KWD mn) | 42,863.100 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
| Local Banks Time Deposits (KWD mn) | 78,371.800 Apr 2026 | monthly | Jan 1994 - Apr 2026 |
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