Kuwait Government Debt: % of GDP
2010 - 2025 | Quarterly | % | CEIC Data
Key information about Kuwait Government Debt: % of GDP
- Kuwait Government debt accounted for 1.1 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 0.1 % in the previous quarter.
- Kuwait government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Jun 2025.
- The data reached an all-time high of 13.8 % in Sep 2017 and a record low of 0.1 % in Sep 2024.
CEIC calculates quarterly Government Debt as % of Nominal GDP from monthly Government Debt and rolling sum of quarterly Nominal GDP. The Central Bank of Kuwait provides Government Debt in local currency. The Central Statistical Bureau provides Nominal GDP in local currency.
Related information about Kuwait Government Debt: % of GDP
- In the latest reports, Kuwait National Government Debt reached 6.7 USD bn in Oct 2025.
- The country's Nominal GDP reached 37.7 USD bn in Jun 2025.
View Kuwait's Government Debt: % of GDP from Dec 2010 to Jun 2025 in the chart:
What was Kuwait's Government Debt: % of GDP in Jun 2025?
Kuwait Government debt accounted for 1.1 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 0.1 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.1 Jun 2025 | 0.1 Mar 2025 | 0.1 Sep 2024 | 13.8 Sep 2017 | % | quarterly | Dec 2010 - Jun 2025 |
Government Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 53.6 Jun 2025 | quarterly | Sep 2010 - Jun 2025 |
| Algeria (%) | 47.8 2024 | yearly | 1997 - 2024 |
| Argentina (%) | 73.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | 50.0 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Australia (%) | 38.4 2024 | yearly | 1999 - 2024 |
| Austria (%) | 82.3 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 96.6 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Bangladesh (%) | 23.8 2025 | yearly | 2010 - 2025 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 106.2 Jun 2025 | quarterly | Dec 1980 - Jun 2025 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 18.7 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 27.6 Jun 2025 | quarterly | Jun 2014 - Jun 2025 |
| Brazil (%) | 78.1 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Bulgaria (%) | 26.5 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Cambodia (%) | 26.0 2024 | yearly | 2013 - 2024 |
| Canada (%) | 69.3 2025 | yearly | 1962 - 2025 |
| Chile (%) | 43.3 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| China (%) | 27.6 Jun 2025 | quarterly | Mar 2014 - Jun 2025 |
| Colombia (%) | 64.0 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Croatia (%) | 57.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Cyprus (%) | 60.5 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Czech Republic (%) | 43.8 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Denmark (%) | 29.6 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Ecuador (%) | 65.5 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Egypt (%) | 63.3 Jun 2025 | quarterly | Jun 2006 - Jun 2025 |
| Estonia (%) | 23.2 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| European Union (%) | 81.9 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Finland (%) | 88.5 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 35.3 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Germany (%) | 62.3 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Ghana (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 151.2 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| Hong Kong SAR, China (%) | 49.1 2024 | yearly | 2003 - 2024 |
| Hungary (%) | 75.1 Sep 2025 | quarterly | Dec 1990 - Sep 2025 |
| Iceland (%) | 63.4 2023 | yearly | 1998 - 2023 |
| India (%) | 56.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Indonesia (%) | 39.2 Dec 2024 | quarterly | Jun 2015 - Dec 2024 |
| Iran (%) | 5.4 Mar 2025 | quarterly | Mar 1998 - Mar 2025 |
| Ireland (%) | 33.3 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Israel (%) | 66.5 2024 | yearly | 1995 - 2024 |
| Italy (%) | 138.0 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 212.1 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| Jordan (%) | 91.3 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Kazakhstan (%) | 23.0 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Kenya (%) | 69.0 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| South Korea (%) | 47.0 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 1.1 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Kyrgyzstan (%) | 44.6 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Latvia (%) | 48.0 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Lebanon (%) | 23.6 2022 | yearly | 1998 - 2022 |
| Lithuania (%) | 39.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Luxembourg (%) | 25.1 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| North Macedonia (%) | 53.4 Jun 2025 | quarterly | Dec 2009 - Jun 2025 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 66.1 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Malta (%) | 46.8 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Mauritius (%) | 80.6 Sep 2025 | quarterly | Jun 2003 - Sep 2025 |
| Mexico (%) | 60.2 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Moldova (%) | 38.0 Jun 2025 | quarterly | Mar 2007 - Jun 2025 |
| Mongolia (%) | 38.6 Jun 2025 | quarterly | Dec 2017 - Jun 2025 |
| Montenegro (%) | 60.3 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Morocco (%) | 71.4 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Netherlands (%) | 42.7 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| New Zealand (%) | 46.7 Jun 2025 | quarterly | Dec 2006 - Jun 2025 |
| Nigeria (%) | 37.5 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Norway (%) | 53.3 2024 | yearly | 1995 - 2024 |
| Oman (%) | 35.4 2024 | yearly | 1990 - 2024 |
| Pakistan (%) | 68.4 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 151.6 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Panama (%) | 63.7 Jun 2025 | quarterly | Dec 2007 - Jun 2025 |
| Paraguay (%) | 38.3 Jun 2025 | quarterly | Dec 2014 - Jun 2025 |
| Peru (%) | 31.0 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Philippines (%) | 63.1 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Poland (%) | 58.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Portugal (%) | 97.6 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 57.3 Jun 2025 | quarterly | Dec 2011 - Jun 2025 |
| Russia (%) | 14.7 Jun 2025 | quarterly | Dec 2011 - Jun 2025 |
| Saudi Arabia (%) | 29.7 Jun 2025 | quarterly | Dec 2016 - Jun 2025 |
| Serbia (%) | 43.7 Sep 2025 | quarterly | Sep 2004 - Sep 2025 |
| Singapore (%) | 173.4 Sep 2025 | quarterly | Mar 1990 - Sep 2025 |
| Slovakia (%) | 63.2 Mar 2025 | quarterly | Mar 2000 - Mar 2025 |
| Slovenia (%) | 69.3 Jun 2025 | quarterly | Dec 1999 - Jun 2025 |
| South Africa (%) | 78.1 Jun 2025 | quarterly | Dec 1960 - Jun 2025 |
| Spain (%) | 103.4 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Sri Lanka (%) | 95.7 Jun 2025 | quarterly | Mar 2014 - Jun 2025 |
| Sweden (%) | 33.3 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Switzerland (%) | 23.0 2028 | yearly | 1990 - 2028 |
| Taiwan (%) | 29.0 2023 | yearly | 1996 - 2023 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 58.3 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| Tunisia (%) | 81.2 2024 | yearly | 2016 - 2024 |
| Turkey (%) | 24.1 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Ukraine (%) | 89.9 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
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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) | -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) | 6,711.4 Oct 2025 | monthly | Dec 1993 - Oct 2025 |
| Government Debt: % of GDP (%) | 1.1 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Forecast: Government Expenditure (KWD bn) | 29.719 2030 | yearly | 1985 - 2030 |
| Forecast: Government Net Debt (KWD bn) | 14.274 2030 | yearly | 1991 - 2030 |
| Forecast: Government Revenue (KWD bn) | 44.112 2030 | yearly | 1985 - 2030 |
| Government Revenue: ytd (KWD mn) | 23,644.325 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Expenditure: ytd: Purchases of Non Financial Assets (KWD mn) | 336.796 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Revenue: ytd: Non Oil: Tax and Fees (KWD mn) | 550.910 Mar 2024 | monthly | Apr 2018 - Mar 2024 |
| Government Expenditure: ytd: Current (KWD mn) | 9,630.195 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Expenditure: ytd (KWD mn) | 9,966.991 Sep 2024 | monthly | Apr 2018 - Sep 2024 |
| Government Fiscal Balance: ytd (KWD mn) | -1,561.505 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: Tax (KWD mn) | 486.000 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Current (KWD mn) | 12,125.900 2016 | yearly | 1989 - 2016 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 2016 |
| Government Expenditure: Capital (KWD mn) | 226.000 2016 | yearly | 1989 - 2016 |
| Government Surplus/Deficit (KWD mn) | -1,561.505 2024 | yearly | 1989 - 2024 |
| Public Debt (KWD mn) | 50.000 Jan 2025 | monthly | Dec 1993 - Jan 2025 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.994 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 2,272.5 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports (USD mn) | 5,364.9 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| Total Exports Growth (%) | -16.7 Jun 2025 | monthly | Jan 1994 - Jun 2025 |
| 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) | 3,092.5 Jun 2025 | monthly | Jan 1992 - Jun 2025 |
| Total Imports Growth (%) | 6.6 Jun 2025 | monthly | Jan 1993 - Jun 2025 |
| 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) | 2.735 Jul 2025 | monthly | Sep 1991 - Jul 2025 |
| Total Imports from USA (USD mn) | 295.319 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Exports to China (USD mn) | 52.486 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Total Imports from China (USD mn) | 638.906 Jun 2025 | monthly | Jan 2017 - Jun 2025 |
| Trade Balance: Quarterly (KWD mn) | 2,789.603 Dec 2018 | quarterly | Mar 1973 - Dec 2018 |
| Exports: FOB: Growth Rate: YoY (%) | -18.295 Nov 2024 | monthly | Apr 2020 - Nov 2024 |
| 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) | 116.639 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 102.988 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,137.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance (USD mn) | 8,094.0 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Current Account Balance: % of GDP (%) | 21.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment (USD mn) | 172.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.5 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 1,084.720 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 2.9 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 8.8 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,075.914 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| External Debt (USD mn) | 72,069.1 Jun 2025 | quarterly | Mar 2018 - Jun 2025 |
| External Debt: % of GDP (%) | 41.5 2024 | yearly | 2014 - 2024 |
| Forecast: Current Account Balance (USD bn) | 26.022 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 116,734.177 2024 | yearly | 2001 - 2024 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 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: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: 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: 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: CA: Primary Income: 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: Net Errors and Omissions (KWD mn) | 493.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) | -36.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) | 0.000 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: Liabilities (KWD mn) | 40.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.6 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Household Debt: % of GDP (%) | 0.9 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply M1 (USD mn) | 34,579.146 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Money Supply M2 (USD mn) | 137,467.671 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| M2 Growth (%) | 3.5 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Foreign Exchange Reserves (USD mn) | 37,261.2 Sep 2025 | monthly | Jan 1964 - Sep 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 26.539 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 11.8 Jun 2025 | quarterly | Mar 1973 - Jun 2025 |
| Gold Reserves (USD mn) | 103.781 Oct 2025 | monthly | Dec 1961 - Oct 2025 |
| Total Deposits (USD mn) | 189,078.409 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Deposits Growth (%) | 8.2 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Domestic Credit (USD mn) | 154,670.8 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Domestic Credit Growth (%) | 16.7 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Household Debt (USD mn) | 1,660.2 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Total Loans (USD mn) | 173,948.600 Oct 2025 | monthly | Jan 1994 - Oct 2025 |
| Total Loans Growth (%) | 8.30 Oct 2025 | monthly | Jan 1995 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 103.67 Jun 2025 | quarterly | Dec 2010 - Jun 2025 |
| Money Supply: M3 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) | 1,633.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) | 10,421.800 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) | 40,707.200 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Local Banks Time Deposits (KWD mn) | 66,591.400 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
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