Kuwait GDP Deflator Growth

2011 - 2020 | Quarterly | % | CEIC Data

Key information about Kuwait GDP Deflator Growth

  • Kuwait GDP deflator (implicit price deflator) fell 10.1 % in Dec 2020, compared with a drop of 11.3 % in the previous quarter.
  • Kuwait GDP Deflator Growth data is updated quarterly, available from Mar 2011 to Dec 2020, with an average rate of 1.4 %.
  • The data reached an all-time high of 28.9 % in Mar 2017 and a record low of -31.0 % in Jun 2020.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. Central Statistical Bureau provides Nominal GDP in local currency and Real GDP in local currency, at 2010 prices.


Related information about Kuwait GDP Deflator Growth

  • In the latest reports, Kuwait GDP expanded 4.7 % YoY in Dec 2020.
  • Its Nominal GDP reached 28.0 USD bn in Dec 2020.
  • Kuwait GDP Per Capita reached 22,682.6 USD in Dec 2020.
  • Its Gross Savings Rate was measured at 31.1 % in Dec 2019.

View Kuwait's GDP Deflator Growth from Mar 2011 to Dec 2020 in the chart:

Kuwait GDP Deflator Growth

What was Kuwait's GDP Deflator Growth in Dec 2020?

Kuwait GDP deflator (implicit price deflator) fell 10.1 % in Dec 2020, compared with a drop of 11.3 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-10.1 Dec 2020 -11.3 Sep 2020 -31.0 Jun 2020 28.9 Mar 2017 % quarterly Mar 2011 - Dec 2020

GDP Deflator Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 5.1 Dec 2021 quarterly Mar 2010 - Dec 2021
Algeria (%) 20.4 Dec 2021 quarterly Mar 2012 - Dec 2021
Argentina (%) 53.8 Mar 2022 quarterly Mar 2005 - Mar 2022
Armenia (%) 8.6 Mar 2022 quarterly Mar 2001 - Mar 2022
Australia (%) 6.7 Mar 2022 quarterly Sep 1960 - Mar 2022
Austria (%) 3.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Azerbaijan (%) 32.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Bahrain (%) 13.4 Mar 2022 quarterly Mar 2010 - Mar 2022
Bangladesh (%) 5.6 2021 yearly 2007 - 2021
Belarus (%) 13.7 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 7.7 Mar 2022 quarterly Mar 1996 - Mar 2022
Bolivia (%) 6.5 Dec 2021 quarterly Mar 1991 - Dec 2021
Bosnia and Herzegovina (%) 3.5 Dec 2021 quarterly Mar 2009 - Dec 2021
Botswana (%) 5.9 Dec 2021 quarterly Mar 1995 - Dec 2021
Brazil (%) 7.1 Mar 2022 quarterly Mar 1997 - Mar 2022
Brunei (%) 30.6 Dec 2021 quarterly Mar 2005 - Dec 2021
Bulgaria (%) 15.7 Mar 2022 quarterly Mar 1996 - Mar 2022
Cambodia (%) 1.3 2021 yearly 1994 - 2021
Canada (%) 8.8 Mar 2022 quarterly Mar 1962 - Mar 2022
Chile (%) 8.4 Mar 2022 quarterly Mar 1991 - Mar 2022
China (%) 4.0 Mar 2022 quarterly Mar 1993 - Mar 2022
Colombia (%) 12.7 Mar 2022 quarterly Mar 2001 - Mar 2022
Croatia (%) 6.3 Mar 2022 quarterly Mar 1996 - Mar 2022
Cyprus (%) 4.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Czech Republic (%) 5.8 Mar 2022 quarterly Mar 1997 - Mar 2022
Denmark (%) 6.3 Mar 2022 quarterly Mar 1992 - Mar 2022
Ecuador (%) 4.8 Dec 2021 quarterly Mar 2001 - Dec 2021
Egypt (%) 5.5 Jun 2021 quarterly Sep 2002 - Jun 2021
Estonia (%) 14.4 Mar 2022 quarterly Mar 1996 - Mar 2022
European Union (%) 3.7 Mar 2022 quarterly Mar 1996 - Mar 2022
Finland (%) 5.0 Mar 2022 quarterly Mar 1976 - Mar 2022
France (%) 1.4 Mar 2022 quarterly Mar 1950 - Mar 2022
Georgia (%) 8.7 Mar 2022 quarterly Mar 1998 - Mar 2022
Germany (%) 3.9 Mar 2022 quarterly Mar 1992 - Mar 2022
Ghana (%) 16.6 Mar 2022 quarterly Mar 2007 - Mar 2022
Greece (%) 7.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Hong Kong SAR, China (%) 0.4 Mar 2022 quarterly Mar 1974 - Mar 2022
Hungary (%) 8.7 Mar 2022 quarterly Mar 1996 - Mar 2022
Iceland (%) 8.9 Mar 2022 quarterly Mar 1996 - Mar 2022
India (%) 10.4 Mar 2022 quarterly Jun 2005 - Mar 2022
Indonesia (%) 8.2 Mar 2022 quarterly Mar 1994 - Mar 2022
Iran (%) 48.2 Dec 2021 quarterly Jun 1989 - Dec 2021
Ireland (%) 2.1 Dec 2021 quarterly Mar 1996 - Dec 2021
Israel (%) 4.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Italy (%) 1.2 Mar 2022 quarterly Mar 1997 - Mar 2022
Ivory Coast (%) 4.2 2021 yearly 1966 - 2021
Japan (%) -0.8 Mar 2022 quarterly Mar 1981 - Mar 2022
Jordan (%) 2.0 Dec 2021 quarterly Mar 1993 - Dec 2021
Kazakhstan (%) 13.0 Mar 2022 quarterly Mar 2004 - Mar 2022
Kenya (%) 5.5 Sep 2021 quarterly Mar 2010 - Sep 2021
South Korea (%) 2.3 Mar 2022 quarterly Mar 1961 - Mar 2022
Kosovo (%) 4.9 Mar 2022 quarterly Mar 2011 - Mar 2022
Kuwait (%) -10.1 Dec 2020 quarterly Mar 2011 - Dec 2020
Kyrgyzstan (%) 14.9 Mar 2022 quarterly Mar 2001 - Mar 2022
Laos (%) 3.6 2021 yearly 2003 - 2021
Latvia (%) 11.8 Mar 2022 quarterly Mar 1996 - Mar 2022
Lebanon (%) 5.5 2018 yearly 2005 - 2018
Lithuania (%) 12.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Luxembourg (%) 9.6 Mar 2022 quarterly Mar 1996 - Mar 2022
Macau SAR, China (%) 0.3 Mar 2022 quarterly Mar 1999 - Mar 2022
North Macedonia (%) 10.0 Mar 2022 quarterly Mar 2001 - Mar 2022
Malawi (%) 6.2 2020 yearly 2003 - 2020
Malaysia (%) 8.5 Mar 2022 quarterly Mar 1992 - Mar 2022
Malta (%) 2.9 Mar 2022 quarterly Mar 2001 - Mar 2022
Mauritius (%) 7.6 Dec 2021 quarterly Mar 2001 - Dec 2021
Mexico (%) 8.0 Mar 2022 quarterly Mar 1981 - Mar 2022
Moldova (%) 11.4 Mar 2022 quarterly Mar 2011 - Mar 2022
Mongolia (%) 8.2 Mar 2022 quarterly Mar 2001 - Mar 2022
Montenegro (%) 9.4 Mar 2022 quarterly Mar 2011 - Mar 2022
Morocco (%) 2.9 Dec 2021 quarterly Mar 2008 - Dec 2021
Mozambique (%) 2.6 2021 yearly 1992 - 2021
Myanmar (%) 1.9 2021 yearly 2011 - 2021
Nepal (%) 3.9 2021 yearly 2002 - 2021
Netherlands (%) 4.4 Mar 2022 quarterly Mar 1997 - Mar 2022
New Zealand (%) 6.1 Mar 2022 quarterly Jun 1988 - Mar 2022
Nigeria (%) 9.8 Mar 2022 quarterly Mar 2011 - Mar 2022
Norway (%) 30.0 Mar 2022 quarterly Mar 1979 - Mar 2022
Oman (%) -13.2 2020 yearly 1999 - 2020
Pakistan (%) 13.0 2022 yearly 2001 - 2022
Palestinian Territory (%) 8.1 Dec 2021 quarterly Mar 2012 - Dec 2021
Panama (%) 3.5 Mar 2022 quarterly Mar 2008 - Mar 2022
Paraguay (%) 11.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Peru (%) 4.2 Mar 2022 quarterly Mar 1991 - Mar 2022
Philippines (%) 4.2 Mar 2022 quarterly Mar 1982 - Mar 2022
Poland (%) 6.5 Mar 2022 quarterly Mar 1996 - Mar 2022
Portugal (%) 0.8 Mar 2022 quarterly Mar 1996 - Mar 2022
Qatar (%) 26.8 Dec 2021 quarterly Mar 2012 - Dec 2021
Romania (%) 12.1 Mar 2022 quarterly Mar 1996 - Mar 2022
Russia (%) 23.4 Mar 2022 quarterly Mar 1996 - Mar 2022
Saudi Arabia (%) 20.1 Mar 2022 quarterly Mar 2011 - Mar 2022
Serbia (%) 8.0 Mar 2022 quarterly Mar 1997 - Mar 2022
Singapore (%) 6.1 Mar 2022 quarterly Mar 1976 - Mar 2022
Slovakia (%) 5.8 Mar 2022 quarterly Mar 1996 - Mar 2022
Slovenia (%) 3.1 Mar 2022 quarterly Mar 1996 - Mar 2022
South Africa (%) 5.6 Dec 2021 quarterly Mar 1961 - Dec 2021
Spain (%) 3.9 Mar 2022 quarterly Mar 1996 - Mar 2022
Sri Lanka (%) 11.2 Dec 2021 quarterly Mar 2011 - Dec 2021
Sudan (%) 107.1 2020 yearly 1983 - 2020
Sweden (%) 4.1 Mar 2022 quarterly Mar 1982 - Mar 2022
Switzerland (%) 2.8 Mar 2022 quarterly Mar 1981 - Mar 2022

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Kuwait Key Series

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Includes 189 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) -35,254.149 2020 yearly 1988 - 2020
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) 1,630.5 Apr 2022 monthly Dec 1993 - Apr 2022
Government Debt: % of GDP (%) 3.2 Dec 2020 quarterly Dec 2010 - Dec 2020
Forecast: Government Expenditure (KWD bn) 24.751 2027 yearly 1990 - 2027
Forecast: Government Net Debt (KWD bn) 13.132 2027 yearly 1991 - 2027
Forecast: Government Revenue (KWD bn) 28.437 2027 yearly 1990 - 2027
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 Revenue: ytd: Non Oil: Tax and Fees (KWD mn) 383.685 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: Non Oil (KWD mn) 1,711.965 Feb 2022 monthly Apr 2018 - Feb 2022
Government Revenue: ytd (KWD mn) 15,979.052 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 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
Government Revenue: Tax (KWD mn) 486.000 2016 yearly 1987 - 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) 500.000 Apr 2022 monthly Dec 1993 - Apr 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.861 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) 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) 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) 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) 1.587 Mar 2022 monthly Jan 1973 - Mar 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: 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) 2,366.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance (USD mn) 8,665.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Current Account Balance: % of GDP (%) 0.5 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Direct Investment (USD mn) 94.4 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Direct Investment: % of GDP (%) -1.4 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment (USD mn) 506.970 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Portfolio Investment: % of GDP (%) 3.1 Dec 2020 quarterly Mar 2012 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) -7.0 Sep 2021 quarterly Mar 2012 - Sep 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 513.951 Sep 2021 quarterly Mar 2012 - Sep 2021
External Debt (USD mn) 57,327.4 Sep 2021 quarterly Mar 2018 - Sep 2021
External Debt: % of GDP (%) 50.5 2020 yearly 2014 - 2020
Forecast: Current Account Balance (USD bn) 34.812 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 99,111.738 2020 yearly 2001 - 2020
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: 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: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) 0.000 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: 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: 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: Net Errors and Omissions (KWD mn) 493.000 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
Number of Investment Companies (Unit) 43.000 Mar 2022 monthly Mar 2005 - Mar 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Sep 2021 quarterly Mar 2017 - Sep 2021
Household Debt: % of GDP (%) 1.7 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply M1 (USD mn) 43,810.207 Apr 2022 monthly Jan 1994 - Apr 2022
Money Supply M2 (USD mn) 133,559.395 Mar 2022 monthly Jan 1994 - Mar 2022
M2 Growth (%) 8.5 Apr 2022 monthly Jan 1995 - Apr 2022
Foreign Exchange Reserves (USD mn) 40,310.6 Mar 2022 monthly Jan 1964 - Mar 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) 104.864 Feb 2022 monthly Dec 1961 - Feb 2022
Total Deposits (USD mn) 152,284.689 Apr 2022 monthly Jan 1994 - Apr 2022
Total Deposits Growth (%) 7.2 Apr 2022 monthly Jan 1995 - Apr 2022
Domestic Credit (USD mn) 126,974.1 Apr 2022 monthly Jan 1994 - Apr 2022
Domestic Credit Growth (%) 12.0 Apr 2022 monthly Jan 1995 - Apr 2022
Household Debt (USD mn) 2,333.6 Apr 2022 monthly Jan 2002 - Apr 2022
Total Loans (USD mn) 143,838.252 Apr 2022 monthly Jan 1994 - Apr 2022
Total Loans Growth (%) 8.68 Mar 2022 monthly Jan 1995 - Mar 2022
Private Debt: % of Nominal GDP (%) 119.16 Dec 2020 quarterly Dec 2010 - Dec 2020
Money Supply: M3 (KWD mn) 41,529.500 Apr 2022 monthly Jan 1994 - Apr 2022
Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) 13,434.400 Apr 2022 monthly Jan 1994 - Apr 2022
Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) 1,932.500 Apr 2022 monthly Jan 1994 - Apr 2022
Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) 41,529.500 Apr 2022 monthly Jan 1994 - Apr 2022
Local Banks Time Deposits (KWD mn) 48,023.100 Apr 2022 monthly Jan 1994 - Apr 2022

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