Kuwait Government Debt: % of GDP
2010 - 2025 | Quarterly | % | CEIC Data
Key information about Kuwait Government Debt: % of GDP
- Kuwait Government debt accounted for 4.7 % of the country's Nominal GDP in Dec 2025, compared with the ratio of 3.3 % in the previous quarter.
- Kuwait government debt to GDP ratio data is updated quarterly, available from Dec 2010 to Dec 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 8.3 USD bn in Feb 2026.
- The country's Nominal GDP reached 37.7 USD bn in Jun 2025.
View Kuwait's Government Debt: % of GDP from Dec 2010 to Dec 2025 in the chart:
What was Kuwait's Government Debt: % of GDP in Dec 2025?
Kuwait Government debt accounted for 4.7 % of the country's Nominal GDP in Dec 2025, compared with the ratio of 3.3 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.7 Dec 2025 | 3.3 Sep 2025 | 0.1 Sep 2024 | 13.8 Sep 2017 | % | quarterly | Dec 2010 - Dec 2025 |
Government Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 51.8 Dec 2025 | quarterly | Sep 2010 - Dec 2025 |
| Algeria (%) | 47.8 2024 | yearly | 1997 - 2024 |
| Argentina (%) | 73.3 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Armenia (%) | 46.2 Mar 2026 | quarterly | Dec 2013 - Mar 2026 |
| Australia (%) | 38.3 2024 | yearly | 1999 - 2024 |
| Austria (%) | 81.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 105.4 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Bangladesh (%) | 38.9 2025 | yearly | 2010 - 2025 |
| Belarus (%) | 35.9 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 107.9 Dec 2025 | quarterly | Dec 1980 - Dec 2025 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 18.7 2024 | yearly | 2007 - 2024 |
| Botswana (%) | 30.2 Dec 2025 | quarterly | Jun 2014 - Dec 2025 |
| Brazil (%) | 80.0 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Bulgaria (%) | 29.9 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Cambodia (%) | 26.0 2024 | yearly | 2013 - 2024 |
| Canada (%) | 69.2 2025 | yearly | 1962 - 2025 |
| Chile (%) | 42.6 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| China (%) | 29.4 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Colombia (%) | 66.9 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Croatia (%) | 56.5 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Cyprus (%) | 55.0 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Czech Republic (%) | 44.3 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Denmark (%) | 27.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Ecuador (%) | 67.1 Dec 2025 | quarterly | Dec 2005 - Dec 2025 |
| Egypt (%) | 60.0 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Estonia (%) | 24.1 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| European Union (%) | 81.7 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Finland (%) | 88.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| France (%) | 110.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Georgia (%) | 34.2 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| Germany (%) | 63.5 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Ghana (%) | 61.8 2024 | yearly | 2006 - 2024 |
| Greece (%) | 146.1 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| Hong Kong SAR, China (%) | 46.1 2025 | yearly | 2003 - 2025 |
| Hungary (%) | 77.9 Mar 2026 | quarterly | Dec 1990 - Mar 2026 |
| Iceland (%) | 56.1 2025 | yearly | 1998 - 2025 |
| India (%) | 58.5 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Indonesia (%) | 40.8 Mar 2026 | quarterly | Jun 2015 - Mar 2026 |
| Iran (%) | 8.7 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Ireland (%) | 32.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Israel (%) | 67.2 2025 | yearly | 1995 - 2025 |
| Italy (%) | 139.0 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 200.6 Mar 2026 | quarterly | Jun 1982 - Mar 2026 |
| Jordan (%) | 83.1 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Kazakhstan (%) | 22.8 Dec 2025 | quarterly | Mar 2005 - Dec 2025 |
| Kenya (%) | 68.9 Sep 2025 | quarterly | Dec 2009 - Sep 2025 |
| South Korea (%) | 46.8 Mar 2026 | quarterly | Sep 2002 - Mar 2026 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 4.7 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Kyrgyzstan (%) | 39.5 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Latvia (%) | 46.9 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Lebanon (%) | 24.7 2022 | yearly | 1998 - 2022 |
| Lithuania (%) | 39.1 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Luxembourg (%) | 26.5 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| North Macedonia (%) | 51.8 Dec 2025 | quarterly | Dec 2009 - Dec 2025 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 65.3 Mar 2026 | quarterly | Dec 2010 - Mar 2026 |
| Malta (%) | 46.4 Dec 2025 | quarterly | Mar 2000 - Dec 2025 |
| Mauritius (%) | 80.8 Mar 2026 | quarterly | Jun 2003 - Mar 2026 |
| Mexico (%) | 57.9 Mar 2026 | quarterly | Dec 2005 - Mar 2026 |
| Moldova (%) | 39.9 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Mongolia (%) | 38.6 Jun 2025 | quarterly | Dec 2017 - Jun 2025 |
| Montenegro (%) | 58.3 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Morocco (%) | 71.4 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 39.9 2021 | yearly | 1990 - 2021 |
| Netherlands (%) | 44.4 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| New Zealand (%) | 49.4 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Nigeria (%) | 35.9 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Norway (%) | 54.3 2025 | yearly | 1995 - 2025 |
| Oman (%) | 34.6 2025 | yearly | 1990 - 2025 |
| Pakistan (%) | 68.3 2025 | yearly | 2000 - 2025 |
| Palestinian Territory (%) | 103.8 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Panama (%) | 65.6 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Paraguay (%) | 33.2 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Peru (%) | 29.3 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| Philippines (%) | 65.2 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Poland (%) | 61.6 Mar 2026 | quarterly | Mar 2000 - Mar 2026 |
| Portugal (%) | 90.9 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 59.4 Dec 2025 | quarterly | Dec 2011 - Dec 2025 |
| Russia (%) | 16.4 Dec 2025 | quarterly | Dec 2011 - Dec 2025 |
| Saudi Arabia (%) | 34.4 Mar 2026 | quarterly | Dec 2016 - Mar 2026 |
| Serbia (%) | 44.4 Dec 2025 | quarterly | Sep 2004 - Dec 2025 |
| Singapore (%) | 166.2 Mar 2026 | quarterly | Mar 1990 - Mar 2026 |
| Slovakia (%) | 62.3 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Slovenia (%) | 65.7 Dec 2025 | quarterly | Dec 1999 - Dec 2025 |
| South Africa (%) | 78.5 Mar 2026 | quarterly | Dec 1960 - Mar 2026 |
| Spain (%) | 100.7 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Sri Lanka (%) | 91.6 Dec 2025 | quarterly | Mar 2014 - Dec 2025 |
| Sweden (%) | 35.1 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 22.2 2029 | yearly | 1990 - 2029 |
| Taiwan, China (%) | 26.8 2024 | yearly | 1996 - 2024 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 59.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Tunisia (%) | 80.5 2025 | yearly | 2016 - 2025 |
| Turkey (%) | 23.8 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| Ukraine (%) | 98.6 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
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: 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 |
| Government Revenue (KWD mn) | 13,633.900 2016 | yearly | 1987 - 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: Other Investments (OT) (KWD mn) | -1,407.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) | -2,795.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) | 448.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) | 10.000 Sep 2018 | quarterly | Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (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: CA: Primary Income: Debit (KWD mn) | 0.000 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: 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: FA: Portfolio Investment: Assets (KWD mn) | -1,260.000 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 |
More Indicators for Kuwait
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.